DripWorks, Inc. has voluntarily filed a bankruptcy petition in the U.S. Bankruptcy Court for the Northern District of California. The company is a supplier of drip irrigation equipment and supplies. Court records show that the company faces a notable gap between its assets and liabilities.
Note: A Chapter 11 bankruptcy filing is a legal process that allows a business to reorganize its debts, restructure obligations, and continue operating while working toward financial stability. Under Chapter 11, a debtor typically proposes a plan to repay creditors over time, subject to court approval. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.
DripWorks, Inc. Seeks Bankruptcy Protection
Court records, as available on the PACER database, show that the company submitted a Chapter 11 petition on September 22, 2026. The records identify DripWorks, Inc. as a small business debtor and add that it has opted for a Subchapter V filing.
These types of filings typically allow small businesses to manage their bankruptcy-related obligations in a faster and more cost-effective manner.
Dmitry Klimko, the company’s president, signed the petition before it was filed with these details.
About the Company
DripWorks, Inc. operates as a Northern California-based supplier of drip irrigation supplies and equipment. Offerings include irrigation kits and components, including tubing, drippers and emitters, drip tape, fittings, timers, fertilizer injectors, filters, valves, pressure regulators, sprayers, and greenhouse irrigation products. Its irrigation kits cover applications including garden beds, individual plants, row crops, orchards, greenhouses, and nurseries.
The company also sells products for yards and gardens, ponds, sprinklers system, landscaping, drainage, and cannabis cultivation. According to its website, the company serves both retail and wholesale customers.
Case Related Details
Court records show that DripWorks, Inc. submitted a summary of assets and liabilities. According to it, while the company’s assets are estimated at around $565,991, its liabilities are approximately $2.9 million.
The records also include a list of creditors with the largest unsecured claims. Some names on the list are American Express, U.S. Small Business Administration (SBA), and Celtic Bank Corporation.
Attorney Arasto Farsad of Farsad Law Office, P.C. is representing the company in court.
A summary of the Chapter 11 petition is shared here:
- Filing Date: September 22, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of California
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-10735
- Estimated Assets: Between $500,001 and $1 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
The upcoming court rulings are expected to shape the future financial footing of DripWorks, Inc.
