Pacific Sunwear of California Inc. lost $13.8 million on net sales of $45.7 million in April, but generated net operating cash flow of $32.3 million in April, according to a monthly financial report filed in U.S. Bankruptcy Court.

Unaudited statements for the April 3-30 period, which were not prepared in accordance with GAAP, show the company’s consolidated gross margin reached 47.0 percent during the period. Operating expenses, which include direct store expenses and selling, general and administrative expenses, were 68.3 percent of net sales.

The company took in $48.0 million in cash during the period and disbursed $11.7 million, including $9.96 million in merchandise vendor payment, resulting in net operating cash flow of $36.3 million. It ended the month with $7.7 million in cash and cash equivalent s and another $7.8 million in current assets and $97.6 million in inventory.

PacSun also announced SVP, and General Counsel Craig Gosselin, who oversees the company’s human resources department, will leave the company at the end of June. Because his departure is voluntarily,  he will be paid severance.

PacSun filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code April 6 with the intention of restructuring store leases and refinancing $90 million in long-term debt due later this year.