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)
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
8-K
Entry into a Material Definitive Agreement
23 Feb 24
8-K
Entry into a Material Definitive Agreement
8 Feb 24
Latest ownership filings
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
4
Change in insider ownership
20 Feb 24
4
Change in insider ownership
11 Oct 23
4
Change in insider ownership
26 Sep 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 23.00 k | 23.00 k | 23.00 k | 23.00 k | 23.00 k | 23.00 k |
Cash burn (monthly) | 22.00 k | 76.25 k | 466.33 k | 383.67 k | 216.33 k | 230.25 k |
Cash used (since last report) | 150.82 k | 522.73 k | 3.20 mm | 2.63 mm | 1.48 mm | 1.58 mm |
Cash remaining | -127.82 k | -499.73 k | -3.17 mm | -2.61 mm | -1.46 mm | -1.56 mm |
Runway (months of cash) | -5.8 | -6.6 | -6.8 | -6.8 | -6.7 | -6.8 |
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 |
---|---|---|---|---|---|---|---|---|---|---|
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 |
8 Sep 23 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.15 | 50,000 | 7.50 k | 7,525,772 |
25 Aug 23 | Camac Fund | Common Stock | Sell | Dispose S | No | No | 0.15 | 100,000 | 15.00 k | 7,575,772 |