$ABCP
AmBase Corp

2021 Q1 Form 10-Q Financial Statement

#000114036121016820 Filed on May 11, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.622M $1.390M
YoY Change 16.69% 59.22%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.635M $1.419M
YoY Change 15.22% 59.8%
Operating Profit -$1.635M -$1.419M
YoY Change 15.22% 59.8%
Interest Expense $1.000K $2.000K
YoY Change -50.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.634M -$1.417M
YoY Change 15.31% 59.57%
Income Tax $1.000K $1.000K
% Of Pretax Income
Net Earnings -$1.635M -$1.418M
YoY Change 15.3% 65.27%
Net Earnings / Revenue
Basic Earnings Per Share -$0.04 -$0.03
Diluted Earnings Per Share -$40.13K -$34.81K
COMMON SHARES
Basic Shares Outstanding 40.74M 40.74M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.547M $7.115M
YoY Change -7.98% -33.0%
Cash & Equivalents $6.547M $7.115M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $6.547M $7.115M
YoY Change -7.98% -33.0%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $33.00K $5.387M
YoY Change -99.39% -49.93%
TOTAL ASSETS
Total Short-Term Assets $6.547M $7.115M
Total Long-Term Assets $33.00K $5.387M
Total Assets $6.580M $12.50M
YoY Change -47.37% -41.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $608.0K $709.0K
YoY Change -14.25% 66.43%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $608.0K $709.0K
YoY Change -14.25% 66.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $608.0K $709.0K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $608.0K $709.0K
YoY Change -14.25% -82.7%
SHAREHOLDERS EQUITY
Retained Earnings -$537.6M -$531.8M
YoY Change 1.09%
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 $5.972M $11.79M
YoY Change
Total Liabilities & Shareholders Equity $6.580M $12.50M
YoY Change -47.37% -41.52%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$1.635M -$1.418M
YoY Change 15.3% 65.27%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.378M $4.264M
YoY Change -132.32% -56.98%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
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
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -1.378M 4.264M
Cash From Investing Activities
Cash From Financing Activities 0.000
Net Change In Cash -1.378M 4.264M
YoY Change -132.32% -58.93%
FREE CASH FLOW
Cash From Operating Activities -$1.378M $4.264M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2021Q1 dei Current Fiscal Year End Date
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CY2021Q1 dei Document Period End Date
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CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
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CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
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CY2021Q1 dei Entity Filer Category
EntityFilerCategory
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CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
AMBASE CORP
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
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CY2021Q2 dei Entity Common Stock Shares Outstanding
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CY2021Q1 dei Document Fiscal Year Focus
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CY2021Q1 dei Document Fiscal Period Focus
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CY2021Q1 dei Entity Shell Company
EntityShellCompany
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CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
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CY2021Q1 dei Entity Small Business
EntitySmallBusiness
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CY2021Q1 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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CY2021Q1 abcp Deferred Tax Asset Reclassified To Federal Income Tax Receivable
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0

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