Bloomberg reported that American Apparel posted a wider second-quarter loss in a preliminary earnings statement and said it will not be able to report official figures on time because its management is engaged in talks with lenders.

Bloomberg noted, according to a filing, American Apparel’s net loss expanded to about $19.4 million from $16.2 million a year earlier. Revenue declined to $134 million, the fourth straight decline, Bloomberg said.

Bloomberg said American Apparel may not be in compliance with certain financial-ratio provisions in its revolving credit facility with Capital One Financial.

Access the full Bloomberg report here.