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The 145-year-old Kodak Film Company is back to news that can close ABC News

The 145-year-old Kodak Film Company is back to news that can close ABC News

Eastman Kodak was founded in 1880. Film Company 145 -Yeear -old attracts Reports again to stop The KDAk's KDAc have been processed in 1880. Eastman Kodak Company, iconic printing company and visualization, founded in 1880, returns to information that can...

The 145-year-old Kodak Film Company is back to news that can close ABC News

Eastman Kodak was founded in 1880.

Film Company 145 -Yeear -old attracts Reports again to stop

The KDAk's KDAc have been processed in 1880.

Eastman Kodak Company, iconic printing company and visualization, founded in 1880, returns to information that can be notes not business during so much tempo.

In its financial report from the second quarter, it was released on Monday and was taken by some media, Kodak said that after 145 years, "there is a significant doubt about the ability to continue as a further concern for the company."

The term "concern" is simply a job that is expected to be able to fulfill all its financial obligations and continue to work as usual in the near future, or at least 12 months.

The Code in the second quarter of 2024 in the second quarter of 2024 in the second quarter of 2024 (approximately $ 55 million), about $ 55 million, and the responsibility to arrive in the next year.

However, in a statement to ABC News on Wednesday, Keddak said, "You are sure you can pay a significant part of your deadline loan before the maturity date and modify or modify our remaining debt or our preferred actions obligations."

As the Wall Street Journal reported in November 2024, former Kodak has concluded its pension income or pension plan to reduce their debt.After that, the pensioners have paid what they need to come, and the remaining funds will be directed to existing loan responsibilities.

A statual in the finance of 2010 on Monday, Company will satisfy the participants of August 15, "All Resistants return to December 2025."

He added "in half a half year, we continue to focus on reducing the cost and purchase investments in the growth."

Kodak responded to moving to his statement to ABC News on Wednesday.

"To finance the repayment, we plan to rely on about $ 300 million in cash, which we expect to receive from the reversal and settlement of our pension fund in the United States (Pension Pension in Kodak or" CRIP ", said we will have the company in December.

For many years, Kodak has used the history of the floor and was attributed to various leading monuments, including the invention of the first digital camera in the world in 1975 and a patent worldwide.

In recent decades, the company is struggling to cover in digital photography from the film for bankruptcy.

After reconstructing from bankruptcy and returning, Kodak focuses on its advanced material and chemical business as well as production and medicine.

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