$ABCP
AmBase Corp

2019 Q4 Form 10-Q Financial Statement

#000114036119020302 Filed on November 12, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $876.0K $994.0K $851.0K
YoY Change 15.72% 16.8% -22.64%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit
Operating Expenses $901.0K $1.035M $878.0K
YoY Change 15.36% 17.88% -20.18%
Operating Profit -$1.035M -$878.0K
YoY Change 17.88%
Interest Expense $7.000K $0.00 $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$894.0K -$1.025M -$877.0K
YoY Change 14.47% 16.88% -98.65%
Income Tax $0.00 $0.00 $2.000K
% Of Pretax Income
Net Earnings -$894.0K -$1.025M -$879.0K
YoY Change -246.32% 16.61% -98.65%
Net Earnings / Revenue
Basic Earnings Per Share -$0.03 -$0.02
Diluted Earnings Per Share -$21.95K -$25.16K -$21.58K
COMMON SHARES
Basic Shares Outstanding 40.74M 40.74M 40.74M
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.851M $3.949M $612.0K
YoY Change 1102.95% 545.26%
Cash & Equivalents $2.851M $3.949M $612.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.851M $3.949M $612.0K
YoY Change 1102.95% 545.26%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.370M $10.74M $20.09M
YoY Change -50.0% -46.54%
Total Long-Term Assets $10.77M $10.79M $20.14M
YoY Change -49.93% -46.43%
TOTAL ASSETS
Total Short-Term Assets $2.851M $3.949M $612.0K
Total Long-Term Assets $10.77M $10.79M $20.14M
Total Assets $13.63M $14.74M $20.75M
YoY Change -37.36% -28.98% 937.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $414.0K $633.0K $425.0K
YoY Change 0.0% 48.94% -57.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $414.0K $633.0K $425.0K
YoY Change 0.0% 48.94% -85.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00 $2.802M
YoY Change -100.0% -100.0% 180.2%
Total Long-Term Liabilities $0.00 $0.00 $2.802M
YoY Change -100.0% -100.0% 180.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $414.0K $633.0K $425.0K
Total Long-Term Liabilities $0.00 $0.00 $2.802M
Total Liabilities $414.0K $633.0K $3.227M
YoY Change 0.0% -80.38% 7.57%
SHAREHOLDERS EQUITY
Retained Earnings -$530.4M -$529.5M
YoY Change 0.94%
Common Stock $548.8M $548.8M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.168M $5.168M
YoY Change 0.0%
Treasury Stock Shares $5.672M $5.672M
Shareholders Equity $13.21M $14.11M $17.53M
YoY Change
Total Liabilities & Shareholders Equity $13.63M $14.74M $20.75M
YoY Change -37.36% -28.98% 937.65%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$894.0K -$1.025M -$879.0K
YoY Change -246.32% 16.61% -98.65%
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities -$1.098M -$818.0K -$1.020M
YoY Change 41.68% -19.8% 2.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $10.00K
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 $10.00K
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 252.0K
YoY Change -100.0% -100.0% -64.0%
NET CHANGE
Cash From Operating Activities -1.098M -818.0K -1.020M
Cash From Investing Activities 0.000 0.000 10.00K
Cash From Financing Activities 0.000 0.000 252.0K
Net Change In Cash -1.098M -818.0K -758.0K
YoY Change 192.8% 7.92% 152.67%
FREE CASH FLOW
Cash From Operating Activities -$1.098M -$818.0K -$1.020M
Capital Expenditures
Free Cash Flow
YoY Change

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abcp Equity Method Investment Description Of Distribution
EquityMethodInvestmentDescriptionOfDistribution
The JV Agreement and related operating agreements generally provide that all distributable cash shall be distributed as follows: (i) first, 100% to the members in proportion to their percentage interests until Investment LLC has received distributions yielding a 20% internal rate of return as calculated; (ii) second, 100% to the Sponsor as a return of (but not a return on) any additional capital contributions made by the Sponsor on account of manager overruns; and (iii) thereafter, (a) 50% to the members in proportion to their respective percentage interests at the time of such distribution, and (b) 50% to the Sponsor.
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CY2019Q2 abcp Payments To Employees In Compensation Bonuses
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