Candy Sense, Inc. has filed for bankruptcy proceedings. The Austin-based company manufactures and supplies promotional candy and confectionery products for businesses.
Court filings show the company reported substantially more liabilities than assets, listed several unsecured creditors, and disclosed declining revenue.
Candy Sense, Inc. Enters Bankruptcy
After more than 40 years in business, Candy Sense, Inc. filed for Chapter 11 bankruptcy protection on July 15, 2026. Court records on PACER show the petition was signed by Vice President Emilio Espana.
The filing lists attorney Frank B. Lyon as counsel for the company.
Chapter 11 generally allows businesses to continue operating while they reorganize under court supervision.
Proceedings are currently pending before the U.S. Bankruptcy Court for the Western District of Texas.
Financial Details Listed in Court Filings
Case records show that Candy Sense, Inc. listed a summary of assets and liabilities in its petition. According to the summary, the company’s liabilities are estimated at around $3.63 million. Its total assets, as shown in the petition, are approximately $1.72 million.
The petition also lists the company’s largest unsecured creditors. These creditors include JPMorgan Chase Bank, Quantum Natura, American Express, and others.
Court filings indicate that funds will be available for distribution to the unsecured creditors.
The company also added a statement of financial affairs in its petition. This summary showed how the gross revenue changed between 2024 and the filing date.
Candy Sense, Inc.’s gross revenue was $3.5 million in 2024. It came down to $2.3 million in 2025 and was $994,251 by the date of filing.
A summary of the Chapter 11 petition is shared here:
- Filing Date: July 15, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Western District of Texas
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-11345-smr
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
- Reason for Filing: Reorganize finances under court supervision
About Candy Sense, Inc.
The company has been operating as manufacturer of promotional candy and confectionery items for around four decades. It creates these personalized items for a range of businesses across industries. Some examples are hard candies, mints, chocolates, and lollipops.
The company customizes its products’ wrappers using promotional messages, logos, and QR codes, company website shows.
Minority Business Enterprise (MBE), Women Business Enterprise (WBE), and Historically Underutilized Business (HUB) are a few of its certifications.
Candy Sense, Inc.’s filing marks a notable point in its journey of 40 years. Additional information regarding its restructuring plans may emerge through the upcoming court filings.
