Helios and Matheson, the company that owns MoviePass, the ailing movie theatre subscription service, posted a $126.6 million loss in the second quarter and its cash reserves have dwindled to $15 million. Share prices, which traded $39 per share, dropped to 8 cents a share in late July. Threatened with being delisted on NASDAQ, Helios and Matheson issued a 1-for-250 reverse split, which meant that shareholders received one share worth about $20 in exchange for 250 shares worth 8 cents a share.