Synergy CHC Corp., the maker of Focus Factor supplements, has filed for Chapter 11 bankruptcy after Costco Wholesale Corporation decided to stop carrying its products, a move that threatened the company's financial stability. Costco, which accounted for approximately 58% of Synergy's net revenue in the fiscal year ended December 31, 2025, informed the company on July 15, 2026, that it would discontinue the products, according to an SEC filing. The bankruptcy filing, submitted on September 4, 2026, in the U.S. Bankruptcy Court for the District of Columbia, lists assets between $1 million and $10 million and liabilities between $10 million and $50 million. Synergy also received a Nasdaq notice on August 20 for delayed filing of its quarterly report, which led its lender to accelerate repayment of about $18.9 million. The company continues to operate under Chapter 11 and has not yet announced its future plans.
Synergy CHC Corp. Common StockSynergy lost its Costco deal, which accounted for ~58% of net revenue, and subsequently filed for Chapter 11 bankruptcy.
Costco Wholesale CorpCostco discontinued carrying Synergy's Focus Factor products, a decision that contributed to the supplier's bankruptcy; impact on Costco itself is unclear.
