Chicken Soup For the Soul Entertainment rendered its delayed 2023 10-K filing to the Securities and Exchange Commission late last week, and the news out of the troubled media company got worse, not better.
Reporting a net loss of $636.6 million for the year versus $111.2 million in 2022, the Cos Cob, Connecticut-based Chicken Soup said that without the ability to somehow generate additional financing, it “will likely require us to diminish or halt operations and seek protection under applicable bankruptcy laws.”
