The company lost $9.3 million during its most recent quarter on revenue of $30.2 million. IPic has been publicly traded since February 2018, raising $15.1 million with its initial offering. He acknowledged, however, that its 444 holders of the company’s common stock risk losing some or all of their investment. Hashemi said that the two million members of iPic’s loyalty program will not be impacted and stressed that the company will honor gift cards and will continue to uphold its advertising partnerships on its pre-show programming. This is a restructuring of our balance sheet. Our guests can expect the same level of service. With service at the push of a button, our ninja servers will ensure your comfort complete with pillows, blankets and unlimited popcorn.Įxperience an intimate date night or gathering with friends & family in our auditoriums, lounge, and bar spaces.“It’s business as usual,” said Hashemi. Entertainment and fine dining come together at IPIC to make every experience memorable.Įnjoy the latest film from leather and reclining pod seats as you dine in the dark and enjoy our chef-driven theater menu and mixology offerings. Be well!Ĭome for the food, stay for the movies.
We look forward to serving you very soon. We wish you and your family good health and thank you for your continued support of IPIC. Also, don’t miss out on takeout! The following locations continue to offer curbside pickup and delivery with select third-party providers including specials such as Virtual Happy Hour on Fridays
We look forward to sharing information around film content and promotions very soon. Additionally, we are looking to expand our membership benefits to better serve you in the future.įor more information please visit our Health and Safety Page ( ). We understand the impact that the closure has had on our IPIC ACCESS Membership program, and we will be extending renewals and benefit expirations under our membership program until August 31, 2020. Ěddition of plexiglass at Guest Services and Express counters.Minimizing guest interactions with our Ninja Servers, while maintaining our service-level quality.Limiting the number of individuals seated together and social distancing between group reservations.Limiting operations to Thursday through Sunday to allow for additional extensive cleaning.Ğnhanced sanitization protocols throughout the day, between showtimes and close of business using EPA approved disinfectant products.Temperature checks for team members and guests entering our locations.Requiring team members to wear protective masks and gloves and we are encouraging our guests to wear masks in common areas.Pausing our blanket and pillow program in-theater.In addition to meeting required governmental health guidelines, temporary wellness modifications may include: Once we reopen you may notice some temporary changes with minimal disruption to your experience. The health of our guests and team members continues to be our top priority, while still delivering the exceptional IPIC viewing and dining experience you expect. Beginning in June, and where permitted by local and state governments and health officials, we will reopen select locations. Thus, IPIC will reopen our locations in phases once we have confidence to ensure the wellbeing of our guests and team members. We look forward to serving you very soon!Īs we continue to monitor the impact COVID-19 has had on the communities we serve, we are planning ahead for what the IPIC experience will look like when we reopen. Thank you for your continued support of IPIC. We are bringing back some of your favorite films to our big screen! Please check on Facebook and visit our website to see the lineup, updates and reopening announcements. The health of our guests and team members continues to be our top priority, while still delivering the premium cinematic and dining experience you expect.