other_material
confidence high
sentiment negative
materiality 0.75
Big Lots April bankruptcy MOR shows $47.1M cash; cumulative $1.3M profit, equity -$579M
FORMER BL STORES INC
- Cash balance grew to $47.1M from $9.4M; April receipts $37.6M, disbursements $24K.
- Total current assets $148.6M; total liabilities $169K; equity deficit of $579M.
- April net loss $150K; cumulative profit since petition $1.3M; no plan or disclosure statement filed.
- Company reiterates common shareholders likely experience complete loss; report unaudited, non-GAAP.
item 7.01item 9.01