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SEC Filings

8-K
COSI INC filed this Form 8-K on 12/20/2016
Entire Document
 

Cosi, Inc.
Case No.
16-13704-MSH
Debtor
Reporting Period
10/25/16-11/28/16
 
BALANCE SHEET
The Balance Sheet is to be completed on an accrual basis only.  Pre-petition liabilities must be classified separately from postpetition obligations.
 
 
BOOK VALUE AT END OF
BOOK VALUE ON
ASSETS
CURRENT REPORTING MONTH
PETITION DATE
CURRENT ASSETS
   
Unrestricted Cash and Equivalents
1,794,853
822,201
Restricted Cash and Cash Equivalents
855,318
855,318
Credit Card Receivable
94,774
274,774
Accounts Receivable (Net)
1,528,780
1,022,884
Notes Receivable
106,437
103,984
Inventories
567,516
602,459
Prepaid Expenses
310,008
205,503
Professional Retainers
346,300
346,300
Other Current Assets (attach schedule)
-
-
TOTAL CURRENT ASSETS
5,603,986
4,233,423
PROPERTY AND EQUIPMENT
   
Computer and Telephone Equipment
10,327,917
10,329,053
Restaurant Equipment
8,161,361
8,144,168
Furniture, Fixtures and Office Equipment
4,826,736
4,854,206
Leasehold Improvements
18,805,612
19,281,722
Vehicles
9,030
9,030
Less Accumulated Depreciation
(36,508,878)
(36,307,498)
TOTAL PROPERTY & EQUIPMENT
5,621,779
6,310,681
OTHER ASSETS
   
Loans to Insiders
   
Other Assets - See MOR-4 - p2
14,226,200
14,422,670
TOTAL OTHER ASSETS
14,226,200
14,422,670
TOTAL ASSETS
   
 
25,451,965
24,966,774
 
BOOK VALUE AT END OF
BOOK VALUE ON
LIABILITIES AND OWNER EQUITY
CURRENT REPORTING MONTH
PETITION DATE
LIABILITIES NOT SUBJECT TO COMPROMISE (Post-Petition)
   
Accounts Payable
461,479
-
Taxes Payable - See MOR 5
673,271
-
Wages Payable
684,798
-
Accrued Gift Cards
15,157
 
Notes Payable
800,000
-
Rent / Leases - Building/Equipment
20,986
-
Secured Debt / Adequate Protection Payments
-
-
Professional Fees
584,360
-
Amounts Due to Insiders
10,192
-
Other Postpetition Liabilities (attach schedule)
446,421
-
TOTAL POST-PETITION LIABILITIES
3,696,664
-
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition)
   
Secured Debt
-
-
Priority Debt
-
1,248,113
Unsecured Debt
19,145,235
19,281,012
TOTAL PRE-PETITION LIABILITIES
19,145,235
20,529,125
     
TOTAL LIABILITIES
22,841,900
20,529,125
OWNER EQUITY
   
Capital Stock
(716,046)
(716,046)
Additional Paid-In Capital
344,547,561
344,547,561
Partners' Capital Account
-
-
Owner's Equity Account
-
-
Retained Earnings - Pre-Petition
(339,393,867)
(339,393,867)
Retained Earnings - Postpetition
(1,827,582)
-
Adjustments to Owner Equity (attach schedule)
-
-
Post-Petition Contributions (Distributions) (Draws) (attach schedule)
-
-
Net Owner Equity
2,610,066
4,437,648
     
TOTAL LIABILITIES AND OWNERS' EQUITY
25,451,966
24,966,773
Insider is defined in 11 U.S.C. Section 101(31)
 
MOR-4
   
9/04
 
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