hhgregg, Inc. - FORM 8-K - EX-99.2 - MONTHLY OPERATING REPORT FOR THE PERIOD FROM DECEMBER 1 TO DECEMBER 31, 2020 - H

file	filename
EX-99.3 - MONTHLY OPERATING REPORT FOR THE PERIOD FROM DECEMBER 1 TO DECEMBER 31, 2020 - H - hhgregg, Inc.	exhibit99-3.htm
EX-99.1 - MONTHLY OPERATING REPORT FOR THE PERIOD FROM DECEMBER 1 TO DECEMBER 31, 2020 - G - hhgregg, Inc.	exhibit99-1.htm
8-K - CURRENT REPORT - hhgregg, Inc.	a8k.htm



					Exhibit 99.2
UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF INDIANA

In re	hhgregg, Inc.		Case No.	17-01302-11
	Debtors



MONTHLY OPERATING REPORT hhgregg, Inc.

INDEX TO CONDENSED FINANCIAL STATEMENTS AND SCHEDULES

CONDENSED FINANCIAL STATEMENTS						Page

	Condensed Statement of Income					2
	Condensed Balance Sheet					3
	Condensed Statement of Cash Flows					4

SCHEDULES

	Schedule 1 -	Total Disbursements				5
	Schedule 2 -	Bank Reconciliations				6
	Schedule 3 -	Total Disbursements to Retained Professionals				7
	Schedule 4 -	Summary of Unpaid Post-Petition Debts				8
	Schedule 5 -	Schedule of Federal, State, and Local Taxes Collected, Received, Due or Withheld				9
	Schedule 6 -	Accounts Receivable Aging				10
	Schedule 7 -	Questionnaire				11


I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the documents attached are true and correct to the best of my knowledge and belief.


Signature of Debtor			Date


Signature of Joint Debtor			Date

/s/ Kevin Kovacs			2/7/2021
Signature of Authorized Individual*			Date

Kevin Kovacs			CEO/CFO
Printed Name of Authorized Individual			Title of Authorized Individual


* Authorized individual must be an officer, director, or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.



hhgregg, Inc.
DEBTORS AND DEBTORS IN POSSESSION
Condensed Consolidated Statement of Income (unaudited)

	For the Period of
	December 1, 2020 to
(In Thousands)	December 31, 2020

Net Sales	$	—
Cost of Goods Sold	—
Gross Profit	—

Operating Expenses:
Advertising Expense, Net	—
Occupancy Costs	—
Data Communications	—
Repair and Maintenance	—
Company Insurance (Non-Medical)	—
Employee Benefits	—
Wage Expense	—
Employee Services	—
Travel and Entertainment	—
Bank Transaction Fees	—
Professional Fees	—
Stock Compensation Expense (Benefit), Net	—
Gain/Loss on Early Extinguishment of Debt	—
Depreciation and Amortization	—
Administrative and Sales Expense	—
Product Services Expense	—
Bad Debts	—


Total Operating Expenses	—

Operating Income	—

Interest Expense, net	—
Other Income/(Expense)	—

Income Before Taxes	—

Income Tax Expense/(Benefit)	—

Net Income	$	—



hhgregg, Inc.
DEBTORS AND DEBTORS IN POSSESSION
Condensed Consolidated Balance Sheet (unaudited)


	As of
(In Thousands)	12/31/2020

Assets
Cash	$	—
Credit Card and Trade Accounts Receivable, Net	—
Accounts Receivable - Other	—
Merchandise Inventories	—
Prepaid Expenses and Other Assets	—
Income Taxes Receivable	—
Total Current Assets	—

Property and Equipment, Net	—
Capitalized Financing Fees, Net	—
Goodwill	—
Trademarks, Net	—
Other Assets, Net	—

Total Assets	—

Liabilities and Stockholders' Deficit
Accounts Payable	—
Outstanding Customer Deposits, Credits, Refunds	—
Unredeemed Gift Card Liability	—
Other Accrued Expenses	—
Deferred Tax Liability	—
DIP Loans	—


Total Current Liabilities	—

Deferred Rent	—
LT Deferred Compensation	—
Other Long-term Liabilities	—
Liabilities Subject to Compromise	$	—

Total Liabilities	—

Preferred Stock	—
Common Stock	—
Retained Earnings / (Accumulated Deficit)	—
Treasury Stock	—
Additional Paid-in Capital	—
Total Stockholders' Deficit	—


Total Liabilities and Stockholders' Deficit	$	—



hhgregg, Inc.
DEBTORS AND DEBTORS IN POSSESSION
Condensed Consolidated Statement of Cash Flows (unaudited)

	For the Period of
	December 1, 2020 to
(In Thousands)	December 31, 2020
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	—

Cash flows from investing activities:
Purchases of property and equipment	—
Proceeds from sale of property and equipment	—
Other	—
Net cash used in investing activities	—

Cash flows from financing activities:
Net Borrowings (Repayments) on Line of Credit	—
	—

Increase/(decrease) in cash and cash equivalents	—

Cash and cash equivalents at beginning of period	—

Cash and cash equivalents at end of period	$	—

hhgregg, Inc.
DEBTORS AND DEBTORS IN POSSESSION
Quarterly Summary of Receipts (unaudited)



(In Thousands) For the Calendar Quarter Ended 12/31/2020
	Amounts
Receipts from Preferences:
Gross Preference Recoveries	$	—
Less: Expenses / Contingency Fee	$	—
Net Preference Recoveries	$	—


Receipts from Other (1)	$	—

Total Receipts	$	—

hhgregg, Inc. - FORM 8-K - EX-99.2 - MONTHLY OPERATING REPORT FOR THE PERIOD FROM DECEMBER 1 TO DECEMBER 31, 2020 - H - February 9, 2021