Crumbs Bake Shop, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net sales of $11,352,000 compared to $10,776,000 a year ago. Loss from operations was $5,880,000 compared to $6,318,000 a year ago. Loss before income tax benefit was $5,775,000 compared to $6,424,000 a year ago. Net loss attributable to stockholders was $4,842,000 or $0.42 per basic and diluted share compared to $5,361,000 or $0.49 per basic and diluted share a year ago. Adjusted LBITDA was $2,663,000 compared to $1,810,000 a year ago.

For the year, the company reported net sales of $47,203,000 compared to $43,029,000 a year ago. Loss from operations was $15,396,000 compared to $10,537,000 a year ago. Loss before income tax benefit was $15,843,000 compared to $10,353,000 a year ago. Net loss attributable to stockholders was $15,261,000 or $0.132 per basic and diluted share compared to $7,695,000 or $1.12 per basic and diluted share a year ago. Adjusted LBITDA was $9,901,000 compared to $3,701,000 a year ago.

For the quarter, the company reported loss on impairment of assets of $1,322,000 compared to $1,869,000 a year ago.