Vermillion Suffers $440K Loss in its First Month since Seeking Chapter 11 Protection | GenomeWeb

In the first month since it filed for Chapter 11 protection, Vermillion suffered a net loss of more than $440,000, according to documents filed with the US Bankruptcy Court in Delaware.

According to the documents filed last week, Vermillion posted a net loss $441,168 in April. As of April 30 it had cash and cash equivalents of $575,568, which included $568,930 in cash.

On March 31, the day after it filed for bankruptcy protection, the company had cash and cash equivalents of $613,917, including $610,214 in cash.

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