2014 Q4 Form 10-Q Financial Statement

#000114420414063785 Filed on October 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q4
Revenue $900.0K $765.7K $590.0K
YoY Change 52.54% 30.88% 13.46%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $320.0K $200.0K $290.0K
YoY Change 10.34% 17.65% -9.38%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit
Operating Expenses $320.0K $210.0K $280.0K
YoY Change 14.29% 23.53% -12.5%
Operating Profit $417.8K
YoY Change 42.59%
Interest Expense -$180.0K -$140.0K -$120.0K
YoY Change 50.0% 16.67% 33.33%
% of Operating Profit -33.51%
Other Income/Expense, Net $0.00 $10.00K $10.00K
YoY Change -100.0% 0.0% 0.0%
Pretax Income $400.0K $424.7K $150.0K
YoY Change 166.67% 41.61% 36.36%
Income Tax $0.00 -$4.291K $90.00K
% Of Pretax Income 0.0% -1.01% 60.0%
Net Earnings $400.0K $429.0K $60.00K
YoY Change 566.67% 121.23% 100.0%
Net Earnings / Revenue 44.44% 56.03% 10.17%
Basic Earnings Per Share $0.08
Diluted Earnings Per Share $65.90K $0.08 $13.99K
COMMON SHARES
Basic Shares Outstanding 6.060M shares 5.487M shares
Diluted Shares Outstanding 5.527M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $50.00K $60.00K $1.020M
YoY Change -95.1% -14.29% 325.0%
Cash & Equivalents $47.68K $60.08K $1.021M
Short-Term Investments
Other Short-Term Assets $27.00K $51.72K $18.54K
YoY Change 45.6% 29.29% -1.92%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $19.43M $18.07M $11.91M
YoY Change 63.13% 55.24% 4.07%
LONG-TERM ASSETS
Property, Plant & Equipment $19.09K $0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $70.00K $210.0K $210.0K
YoY Change -66.67% -16.0% -16.0%
Other Assets $0.00 $10.00K $0.00
YoY Change -50.0% -100.0%
Total Long-Term Assets $5.017M $5.458M $4.215M
YoY Change 19.03% 26.92% 45.53%
TOTAL ASSETS
Total Short-Term Assets $19.43M $18.07M $11.91M
Total Long-Term Assets $5.017M $5.458M $4.215M
Total Assets $24.44M $23.53M $16.12M
YoY Change 51.6% 47.6% 12.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $160.0K $40.00K $60.00K
YoY Change 166.67% 100.0% -14.29%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.469M $2.319M $1.319M
YoY Change 87.16% 75.72% -5.72%
Long-Term Debt Due $7.700M $7.000M $5.350M
YoY Change 43.93% 32.08% 33.75%
Total Short-Term Liabilities $10.58M $9.644M $7.232M
YoY Change 46.27% 36.21% 23.4%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $10.58M $9.644M $7.232M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $10.58M $9.640M $7.230M
YoY Change 46.33% 36.16% 23.38%
SHAREHOLDERS EQUITY
Retained Earnings $113.3K $141.3K -$487.7K
YoY Change -123.24% -128.08% -48.26%
Common Stock $14.12M $14.11M $9.750M
YoY Change 44.85% 44.94% 0.6%
Preferred Stock
YoY Change
Treasury Stock (at cost) $369.3K $369.3K $369.3K
YoY Change 0.0% 0.0% 36.8%
Treasury Stock Shares 177.0K shares 177.0K shares 177.0K shares
Shareholders Equity $13.87M $13.88M $8.893M
YoY Change
Total Liabilities & Shareholders Equity $24.44M $23.53M $16.12M
YoY Change 51.6% 47.6% 12.45%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q4
OPERATING ACTIVITIES
Net Income $400.0K $429.0K $60.00K
YoY Change 566.67% 121.23% 100.0%
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities $500.0K $410.0K $240.0K
YoY Change 108.33% 36.67% 9.09%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$880.0K -$6.080M $710.0K
YoY Change -223.94% 398.36% -175.53%
Cash From Investing Activities -$900.0K -$6.080M $710.0K
YoY Change -226.76% 398.36% -175.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 400.0K 5.590M 10.00K
YoY Change 3900.0% -5690.0% -98.67%
NET CHANGE
Cash From Operating Activities 500.0K 410.0K 240.0K
Cash From Investing Activities -900.0K -6.080M 710.0K
Cash From Financing Activities 400.0K 5.590M 10.00K
Net Change In Cash -0.00000000005821 -80.00K 960.0K
YoY Change -100.0% -92.16% 3100.0%
FREE CASH FLOW
Cash From Operating Activities $500.0K $410.0K $240.0K
Capital Expenditures -$20.00K
Free Cash Flow $520.0K
YoY Change

Facts In Submission

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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
546267 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
782778 USD
loan Issuance Of Short Term Loans
IssuanceOfShortTermLoans
12020500 USD
loan Issuance Of Short Term Loans
IssuanceOfShortTermLoans
18827000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
10244866 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
10518616 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1775634 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8308384 USD
loan Proceeds From Loans And Line Of Credit
ProceedsFromLoansAndLineOfCredit
1220000 USD
loan Proceeds From Loans And Line Of Credit
ProceedsFromLoansAndLineOfCredit
2650000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
99363 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
85458 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
429329 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1057719 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
6564666 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-171648 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-960940 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
240693 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69045 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
282037 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
415928 USD
us-gaap Interest Paid
InterestPaid
290840 USD
us-gaap Interest Paid
InterestPaid
383721 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
MANHATTAN BRIDGE CAPITAL, INC
dei Entity Central Index Key
EntityCentralIndexKey
0001080340
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
LOAN
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6059576 shares
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
4288765 USD
CY2014Q3 loan Share Based Compensation Arrangement By Share Based Payment Award Vested And Non Vested Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedAndNonVestedOptionsOutstandingIntrinsicValue
79622 USD
CY2014Q3 loan Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableAggregateIntrinsicValue
78424 USD

Files In Submission

Name View Source Status
0001144204-14-063785-index-headers.html Edgar Link pending
0001144204-14-063785-index.html Edgar Link pending
0001144204-14-063785.txt Edgar Link pending
0001144204-14-063785-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
loan-20140930.xml Edgar Link completed
loan-20140930.xsd Edgar Link pending
loan-20140930_cal.xml Edgar Link unprocessable
loan-20140930_def.xml Edgar Link unprocessable
loan-20140930_lab.xml Edgar Link unprocessable
loan-20140930_pre.xml Edgar Link unprocessable
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v391725_10q.htm Edgar Link pending
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