In August 1988, the Company acquired Carteret Bancorp Inc., which through its principal wholly owned subsidiary Carteret Savings Bank, FA, was principally engaged in retail and consumer banking, and mortgage banking including mortgage servicing. On December 4, 1992, the Office of Thrift Supervision ("OTS") placed Carteret Savings Bank, FA in receivership under the management of the Resolution Trust Corporation ("RTC") and a new institution, Carteret Federal Savings Bank, was established to assume the assets and certain liabilities of Carteret Savings Bank, FA.
Company profile
Ticker
ABCP
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
111 West 57th Investment LLC ...
IRS number
952962743
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Departure of Directors or Certain Officers
1 May 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
8-K
Unregistered Sales of Equity Securities
1 Apr 24
PRE 14A
Preliminary proxy
22 Mar 24
10-K
2023 FY
Annual report
18 Mar 24
8-K
Entry into a Material Definitive Agreement
11 Mar 24
8-K
Entry into a Material Definitive Agreement
28 Feb 24
8-K
Entry into a Material Definitive Agreement
27 Feb 24
Latest ownership filings
SC 13D/A
Barc Investments LLC
1 May 24
4
Change in insider ownership
1 May 24
4
Jerry Y Carnegie
1 May 24
SC 13D/A
Barc Investments LLC
1 Apr 24
SC 13D/A
Camac Fund, LP
26 Mar 24
SC 13D/A
Camac Fund, LP
13 Mar 24
SC 13D/A
Barc Investments LLC
8 Mar 24
4
Change in insider ownership
7 Mar 24
SC 13D/A
Camac Fund, LP
23 Feb 24
SC 13D/A
Camac Fund, LP
20 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.00 k | 6.00 k | 6.00 k | 6.00 k | 6.00 k | 6.00 k |
Cash burn (monthly) | 24.00 k | 3.17 k | 613.00 k | 490.75 k | 140.67 k | 273.83 k |
Cash used (since last report) | 39.75 k | 5.25 k | 1.02 mm | 812.90 k | 233.01 k | 453.59 k |
Cash remaining | -33.75 k | 754.60 | -1.01 mm | -806.90 k | -227.01 k | -447.59 k |
Runway (months of cash) | -1.4 | 0.2 | -1.6 | -1.6 | -1.6 | -1.6 |
Institutional ownership, Q2 2023
0.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 44.05 mm |
Total shares | 345.50 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Ancora Advisors | 345.50 k | $44.05 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Apr 24 | Barc Investments | Common Stock, par value $0.01 | Buy | Acquire P | No | No | 0.21 | 909,691 | 191.04 k | 59,860,151 |
20 Feb 24 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.221 | 1,102,170 | 243.58 k | 4,227,465 |
16 Feb 24 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.246 | 1,693,021 | 416.48 k | 5,329,635 |
15 Feb 24 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.2466 | 383,116 | 94.48 k | 7,022,656 |
9 Oct 23 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.15 | 50,000 | 7.50 k | 7,405,772 |
22 Sep 23 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.1553 | 70,000 | 10.87 k | 7,455,772 |