$LOAN
Manhattan Bridge Capital Inc

2024 Q4 Form 10-Q Financial Statement

#000149315224042160 Filed on October 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $2.313M
YoY Change -4.95%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $380.5K
YoY Change 0.87%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.270K
YoY Change 20.95%
% of Gross Profit
Operating Expenses $381.3K
YoY Change 1.0%
Operating Profit $1.395M
YoY Change -3.26%
Interest Expense -$537.2K
YoY Change -12.56%
% of Operating Profit -38.52%
Other Income/Expense, Net $4.500K
YoY Change 0.0%
Pretax Income $1.399M
YoY Change -3.25%
Income Tax
% Of Pretax Income
Net Earnings $1.399M
YoY Change -3.25%
Net Earnings / Revenue 60.49%
Basic Earnings Per Share $0.12
Diluted Earnings Per Share $0.12
COMMON SHARES
Basic Shares Outstanding 11.44M shares 11.44M shares
Diluted Shares Outstanding 11.44M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $167.9K
YoY Change 26.07%
Cash & Equivalents $167.9K
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $70.42M
YoY Change -2.56%
LONG-TERM ASSETS
Property, Plant & Equipment $167.2K
YoY Change -24.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $118.8K
YoY Change -9.16%
Total Long-Term Assets $286.1K
YoY Change -18.7%
TOTAL ASSETS
Total Short-Term Assets $70.42M
Total Long-Term Assets $286.1K
Total Assets $70.70M
YoY Change -2.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $211.8K
YoY Change -10.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.146M
YoY Change -2.24%
LONG-TERM LIABILITIES
Long-Term Debt $25.05M
YoY Change -8.03%
Other Long-Term Liabilities $230.5K
YoY Change -1.47%
Total Long-Term Liabilities $25.29M
YoY Change -7.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.146M
Total Long-Term Liabilities $25.29M
Total Liabilities $27.43M
YoY Change -7.55%
SHAREHOLDERS EQUITY
Retained Earnings -$1.229M
YoY Change -24.54%
Common Stock $11.76K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.070M
YoY Change 8.71%
Treasury Stock Shares
Shareholders Equity $43.27M
YoY Change
Total Liabilities & Shareholders Equity $70.70M
YoY Change -2.64%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $1.399M
YoY Change -3.25%
Depreciation, Depletion And Amortization $1.270K
YoY Change 20.95%
Cash From Operating Activities $1.357M
YoY Change -4.39%
INVESTING ACTIVITIES
Capital Expenditures $2.830K
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.802M
YoY Change 82.5%
Cash From Investing Activities -$1.805M
YoY Change 82.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 509.3K
YoY Change -192.95%
NET CHANGE
Cash From Operating Activities 1.357M
Cash From Investing Activities -1.805M
Cash From Financing Activities 509.3K
Net Change In Cash 61.93K
YoY Change -153.52%
FREE CASH FLOW
Cash From Operating Activities $1.357M
Capital Expenditures $2.830K
Free Cash Flow $1.354M
YoY Change -4.59%

Facts In Submission

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MANHATTAN BRIDGE CAPITAL, INC.
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7804500 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1524132 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29607 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1691995 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
103540 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
167863 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
133147 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
650 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
650 usd
us-gaap Interest Paid Net
InterestPaidNet
1816980 usd
us-gaap Interest Paid Net
InterestPaidNet
1797254 usd
LOAN Cash Paid During Period For Operating Leases
CashPaidDuringPeriodForOperatingLeases
47779 usd
LOAN Cash Paid During Period For Operating Leases
CashPaidDuringPeriodForOperatingLeases
47822 usd
LOAN Dividend Declared And Payable
DividendDeclaredAndPayable
1315445 usd
LOAN Dividend Declared And Payable
DividendDeclaredAndPayable
1288753 usd
LOAN Loan Holdback Relating To Mortgage Receivable
LoanHoldbackRelatingToMortgageReceivable
50000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1587773 usd
us-gaap Debt Instrument Term
DebtInstrumentTerm
P1Y
CY2024Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
68711438 usd
CY2023Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
73048403 usd
CY2023Q1 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
485000 usd
CY2024Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
19170268 usd
CY2024Q3 LOAN Percentage Of Agency Fee
PercentageOfAgencyFee
0.005 pure
CY2024Q3 LOAN Line Of Credit Facility Interest Rate Percentage
LineOfCreditFacilityInterestRatePercentage
0.084 pure
CY2024Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3266 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3266 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9798 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9798 usd
LOAN Stock Issued During Period Shares Remaining Restricted Stock Award
StockIssuedDuringPeriodSharesRemainingRestrictedStockAward
1000000 shares
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
25040 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
One third of such restricted shares shall vest on each of September 9, 2026, September 9, 2027, and September 9, 2028, respectively.
CY2024Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.115
CY2024Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1315445 usd

Files In Submission

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0001493152-24-042160-index-headers.html Edgar Link pending
0001493152-24-042160-index.html Edgar Link pending
0001493152-24-042160.txt Edgar Link pending
0001493152-24-042160-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
loan-20240930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
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R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
loan-20240930_cal.xml Edgar Link unprocessable
loan-20240930_def.xml Edgar Link unprocessable
loan-20240930_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
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R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
loan-20240930_lab.xml Edgar Link unprocessable