For June, Kodak's U.S. operations posted sales of $180.2 million and a net loss of $160 million.
This means that total cost for June was estimated at $340 million, and of those only $180 million were covered by sales. $160 of June costs remain uncovered by sales. Loss amounts to 88% of revenues.
That means by today numbers Kodak would have to increase its revenues by 88% just to break even, using the same accounting criteria.
Maybe one time write offs? Hard to imagine any other way you could lose 160 million on 180 million in sales.