Overview
- TickerABCP on OTC1
- IndustryOpeators of Nonresidential Buildings1
- HeadquartersCoral Springs, Florida1
- Business address7857 West Sample Road, Suite 134, Coral Springs, Fl 330652
- Filer categoryNon-accelerated filer, Smaller reporting company2
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AmBase Corporation (the “Company” or “AmBase”) is a Delaware corporation that was incorporated in 1975. AmBase is a holding company. At December 31, 2025, the Company’s assets consisted primarily of cash and cash equivalents. The Company is engaged in the management of its assets and liabilities.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.10
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Compensation and benefits | $1.3M | $1.4M |
| Professional and outside services | $2.8M | $4.9M |
| Property operating and maintenance | $27.0K | $18.0K |
| Insurance | $107.0K | $120.0K |
| Other operating | $68.0K | $114.0K |
| Total operating expenses | $4.3M | $6.5M |
| Operating income (loss) | -$4.3M | -$6.5M |
| Other income | $124.0K | $0 |
| Interest income | $3.0K | $29.0K |
| Interest expense | -$365.0K | -$131.0K |
| Income (loss) before income taxes | -$4.6M | -$6.6M |
| Income tax expense (benefit) | $1.0K | $1.0K |
| Net income (loss) | -$4.6M | -$6.6M |
| Net income (loss) per common share - basic (in Dollars per share) | -$0.05 | -$0.09 |
| Weighted average common shares outstanding - basic (in Shares) | 84.9M shares | 73.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2019-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $87.0K | $314.0K | ||
| Other assets | $0 | $0 | ||
| Total assets | $87.0K | $314.0K | ||
| Accounts payable and accrued liabilities | $3.2M | $939.0K | ||
| Total liabilities | $8.8M | $4.4M | ||
| Common stock ($0.01 par value, 200,000 authorized in 2025 and 200,000 authorized in 2024, 84,938 issued and 84,938 outstanding in 2025 and 84,938 issued and 84,938 outstanding in 2024) | $849.0K | $849.0K | ||
| Additional paid-in capital | $551.6M | $551.6M | ||
| Accumulated deficit | -$561.1M | -$556.6M | ||
| Treasury stock, at cost 2025 - 0 shares; and 2024 - 0 shares | $0 | $0 | ||
| Total stockholders equity (deficit) | -$8.7M | -$4.1M | -$6.3M | |
| Total liabilities and stockholders equity (deficit) | $87.0K | $314.0K | ||
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | $0.01 | |
| Common stock, shares authorized (in Shares) | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued (in Shares) | 84.9M shares | 84.9M shares | ||
| Common stock, shares outstanding (in Shares) | 84.9M shares | 84.9M shares | 40.7M shares | |
| Treasury stock, at cost (in Shares) | 0 shares | 0 shares | 5.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2019-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $87.0K | $314.0K | ||
| Other assets | $0 | $0 | ||
| Total assets | $87.0K | $314.0K | ||
| Accounts payable and accrued liabilities | $3.2M | $939.0K | ||
| Total liabilities | $8.8M | $4.4M | ||
| Common stock ($0.01 par value, 200,000 authorized in 2025 and 200,000 authorized in 2024, 84,938 issued and 84,938 outstanding in 2025 and 84,938 issued and 84,938 outstanding in 2024) | $849.0K | $849.0K | ||
| Additional paid-in capital | $551.6M | $551.6M | ||
| Accumulated deficit | -$561.1M | -$556.6M | ||
| Treasury stock, at cost 2025 - 0 shares; and 2024 - 0 shares | $0 | $0 | ||
| Total stockholders equity (deficit) | -$8.7M | -$4.1M | -$6.3M | |
| Total liabilities and stockholders equity (deficit) | $87.0K | $314.0K | ||
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | $0.01 | |
| Common stock, shares authorized (in Shares) | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued (in Shares) | 84.9M shares | 84.9M shares | ||
| Common stock, shares outstanding (in Shares) | 84.9M shares | 84.9M shares | 40.7M shares | |
| Treasury stock, at cost (in Shares) | 0 shares | 0 shares | 5.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.10
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | -$4.6M | -$6.6M |
| Other assets | $0 | $0 |
| Accounts payable and accrued liabilities | $2.2M | -$2.3M |
| Net cash provided (used) by operating activities | -$2.3M | -$8.9M |
| Sale of common stock equity offering | $0 | $8.8M |
| Net cash provided (used) by financing activities | $2.1M | $9.1M |
| Net change in cash and cash equivalents | -$227.0K | $236.0K |
| Income taxes refunded (paid) | $0 | $0 |
| Interest expense paid | $0 | $148.0K |
No quarter-by-quarter statement was filed.
Corporate structure
AmBase Corp sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of AmBase Corp
- Barc Investments LLC Filed SC 13D/A on AmBase Corp, latest May 1, 2024 (3 filings since Mar 8, 2024)
- Camac Fund, LP Filed SC 13D/A on AmBase Corp, latest Mar 26, 2024 (6 filings since May 31, 2023)
- AmBase Corp Coral Springs, Florida
- 111 West 57 th Investment LLC Subsidiary · Delaware, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What AmBase Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $87.0K10 Dec 31, 2025 | $314.0K10 Dec 31, 2024 | −72.3% |
Properties, in its own words
PROPERTIES
The Company rents approximately 150 square feet of office space for its executive office at 7857 West Sample Road, Suite 134, Coral Springs, FL 33065 on a short term basis. The Company also rents on a short term basis approximately 200 square feet of office space in Emerson, NJ.
Item 2 of the 10-K filed Mar 30, 2026.4
Leadership
Who has led AmBase Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
- Chief executive officerRichard A. Bianco Oct 23, 2006 to Aug 3, 202313
- ChairRichard A. Bianco Mar 18, 2009 to Mar 18, 200914
- PresidentRichard A. Bianco Oct 23, 2006 to May 22, 202013
Board members and other officers (9)
- TreasurerJoseph R. Bianco Mar 20, 2008 to Dec 12, 201615
- Board memberScott Michael Salant Jan 20, 2023 to Jan 20, 202316
- Board memberKenneth M. Schmidt Mar 18, 2013 to Jun 2, 202317
- Board memberTheodore T. Horton Jr. Mar 18, 2013 to Mar 18, 201318
- Board memberAlessandra F. Bianco Aug 31, 2012 to Aug 31, 201219
- Board memberJerry Y. Carnegie Jan 26, 2009 to May 1, 202420
- Board memberRichard A. Bianco Oct 16, 2008 to Aug 3, 202321
- Board memberSalvatore Trani Jan 10, 2006 to Jul 31, 200922
- Board memberPhilip M. Halpern Feb 2, 2006 to Jun 9, 200823
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Oct 13, 20268-K Entered a material agreement24
- Jul 31, 20268-K Entered a material agreement25
- May 29, 20268-K Shareholder vote26
- Mar 4, 20268-K Entered a material agreement27
- Feb 25, 20268-K Entered a material agreement28
- Jan 29, 20268-K Entered a material agreement29
- Jan 21, 20268-K Executive or director change30
- Dec 19, 20258-K Entered a material agreement31
- Nov 26, 20258-K Entered a material agreement32
- Sep 29, 20258-K Entered a material agreement33
- Sep 11, 20258-K Entered a material agreement34
- Jul 25, 20258-K Entered a material agreement35
- Oct 23, 2006New chief executive Richard A. Bianco becomes CEO13
Filings
101 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 22 insider forms, 9 large holders, 8 other. The latest 20:
- Oct 13, 20268-K EDGAR
- Aug 12, 202610-Q EDGAR
- Jul 31, 20268-K EDGAR
- May 29, 20268-K EDGAR
- May 11, 202610-Q EDGAR
- Mar 31, 2026DEF 14A EDGAR
- Mar 30, 202610-K EDGAR
- Mar 4, 20268-K EDGAR
- Feb 25, 20268-K EDGAR
- Jan 29, 20268-K EDGAR
- Jan 21, 20268-K EDGAR
- Dec 19, 20258-K EDGAR
- Nov 26, 20258-K EDGAR
- Nov 6, 202510-Q EDGAR
- Sep 29, 20258-K EDGAR
- Sep 11, 20258-K EDGAR
- Aug 13, 202510-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) EDGAR
- Jul 25, 20258-K EDGAR
- Jun 23, 20258-K EDGAR
- Jun 9, 20258-K EDGAR
The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
22 open-market trades by officers, directors and large owners since October 2021: 3 buys and 19 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | Barc Investments LLC10% owner | Buy | 909,691 | $0.21 | $191.0K | Form 4 |
| Feb 28, 2024 | Barc Investments LLC10% owner | Buy | 44,200,460 | $0.20 | $8.8M | Form 4 |
| Feb 20, 2024 | Camac Fund, LP10% owner | Sale | 1,102,170 | $0.22 | $242.5K | Form 4 |
| Feb 16, 2024 | Camac Fund, LP10% owner | Sale | 1,693,021 | $0.25 | $423.3K | Form 4 |
| Feb 15, 2024 | Camac Fund, LP10% owner | Sale | 383,116 | $0.25 | $95.8K | Form 4 |
| Oct 9, 2023 | Camac Fund, LP10% owner | Sale | 50,000 | $0.15 | $7.5K | Form 4 |
| Sep 22, 2023 | Camac Fund, LP10% owner | Sale | 70,000 | $0.16 | $11.2K | Form 4 |
| Sep 8, 2023 | Camac Fund, LP10% owner | Sale | 50,000 | $0.15 | $7.5K | Form 4 |
| Aug 25, 2023 | Camac Fund, LP10% owner | Sale | 100,000 | $0.15 | $15.0K | Form 4 |
| Jun 27, 2023 | Camac Fund, LP10% owner | Sale | 202,500 | $0.15 | $30.4K | Form 4 |
| Jun 14, 2023 | Camac Fund, LP10% owner | Sale | 12,000 | $0.15 | $1.8K | Form 4 |
| Jun 12, 2023 | Camac Fund, LP10% owner | Sale | 100,000 | $0.15 | $15.0K | Form 4 |
| Jun 7, 2023 | Camac Fund, LP10% owner | Sale | 15,000 | $0.15 | $2.2K | Form 4 |
| May 26, 2023 | Camac Fund, LP10% owner | Sale | 1,000,000 | $0.10 | $100.0K | Form 4 |
| May 26, 2023 | BIANCO RICHARD ACEO | Buy | 745,000 | $74,500.00 | $55.5B | Form 4 |
| May 24, 2023 | Camac Fund, LP10% owner | Sale | 12,000 | $0.10 | $1.2K | Form 4 |
| May 9, 2023 | Camac Fund, LP10% owner | Sale | 20,000 | $0.10 | $2.0K | Form 4 |
| May 8, 2023 | Camac Fund, LP10% owner | Sale | 10,000 | $0.11 | $1.1K | Form 4 |
| Jan 27, 2023 | Camac Fund, LP10% owner | Sale | 50,000 | $0.10 | $5.0K | Form 4 |
| Dec 27, 2022 | Camac Fund, LP10% owner | Sale | 5,000 | $0.10 | $500 | Form 4 |
All 22 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Barc Investments LLCSC 13D/A, 3 filings Mar 8, 2024 to May 1, 202436
- Camac Fund, LPSC 13D/A, 6 filings May 31, 2023 to Mar 26, 202437
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
SEC filer profile
How AmBase Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAmBase Corp1
- CIK0000020639
- Employer ID (EIN)95-29627434
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)6512 Opeators of Nonresidential Buildings1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address7857 West Sample Road, Suite 134, Coral Springs, FL 330651
- Phone20126501631
- Shares outstanding84,938,211 as of Jul 31, 202612
- Public float$7.0M as of Jun 30, 20254
- AuditorMarcum LLP, Hartford, Connecticut PCAOB ID 688; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceFeb 12, 19961
- Filings456 in all: 8-K (109), 10-Q (92), 4 (89), DEF 14A (31), 10-K (30), SC 13D/A (25), 3 (18), SC 13D (13)1
All 21 form types
SC 13G/A (10), UPLOAD (8), 4/A (7), CORRESP (5), 10-Q/A (3), DEFA14A (3), SC 13G (3), 10-K/A (2), 8-K/A (2), ARS (2), PRE 14A (2), 5 (1), S-8 (1)
- Latest filingsAnnual report (10-K) Mar 30, 2026
Quarterly report (10-Q) Aug 12, 2026
Proxy statement (DEF 14A) Mar 31, 2026
Latest 8-K (8-K) Oct 13, 2026
Risk factors and legal proceedings
The risks AmBase Corp names in Item 1A of its 10-K filed Mar 30, 2026: 19 risks under these headings, as written.4
- Operating Risks
- Going Concern
- The Company has incurred operating losses over the last several years and may not be able to achieve profitability.
- The Company is in a competitive business.
- We are a party to legal proceedings relating to our equity interest in the joint real estate venture 111 West 57th Partners, and may become subject to additional litigation in the future, all of which continue to have an adverse effect on our financial condition, results of operations, cash flow and per share trading price of our common stock.
- Illiquidity of real estate limits our ability to act quickly.
- Property ownership through equity investments and/or in joint ventures could subject us to the differing business objectives of our co-venturers.
- We may be unable to identify suitable properties for equity investments and acquisitions and any new investments and acquisitions may fail to perform as expected and subject us to new risks, including risks created by geographic concentration.
- Fluctuations in the local market in which the Company’s equity investment in a development property is located may adversely impact the Company’s financial condition and operating results.
- The Company may not be able to insure certain risks economically.
- Development and redevelopment activities may be delayed, not completed, and/or not achieve expected results.
- We are dependent on our key personnel whose continued service is not guaranteed and the loss of whose service could have a material adverse effect on our business.
The other 9 risks
- Changes in the composition of the Company’s assets and liabilities through acquisitions, divestitures or corporate restructuring may affect the Company’s results.
- Terrorist attacks and other acts of violence or war may affect the market, on which the Company’s common stock trades, the markets in which the Company operates the Company’s operations and the Company’s results of operations.
- The Company is subject to risks inherent in owning, developing and leasing real estate.
- Security breaches and other disruptions could compromise our information and expose us to liability, which would cause our business and reputation to suffer.
- The Company may not be able to generate sufficient taxable income to fully realize the Company’s deferred tax asset.
- Because the Company from time to time maintains a majority of its assets in cash and/or securities, the Company may in the future be deemed to be an investment company under the Investment Company Act of 1940 resulting in additional costs and regulatory burdens.
- Anti-takeover Risks
- Our amended and restated shareholder rights plan may delay or prevent an acquisition of us that shareholders may consider favorable or may prevent efforts by our shareholders to change our directors or our management, which could decrease the value of your common shares.
- Outbreaks of highly infectious or contagious diseases may, materially and adversely impact the business, income, cash flow, results of operations and financial condition of the Company, including the 111 West 57th Property.
- We face possible risks associated with the physical effects of climate change.
Legal proceedings
LEGAL PROCEEDINGS
For a discussion of the Company’s legal proceedings, see Part II - Item 8 - Note 8 to the Company’s consolidated financial statements.
From time to time, the Company and its subsidiaries may be named as a defendant in various lawsuits or proceedings. At the current time, except as set forth in Part II - Item 8 - Note 8 to the Company’s consolidated financial statements, the Company is unaware of any legal proceedings pending against the Company. The Company intends to aggressively contest all litigation and contingencies, as well as pursue all sources for contributions to settlements. However, there can be no assurance that the Company will prevail with respect to any of its claims.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAmBase Corp filings on SEC EDGAR
- 2SEC EDGARAmBase Corp filings on SEC EDGAR
- 3
- 4
- 5SEC EDGARAmBase Corp 10-K for fiscal 2019
- 6SEC EDGARAmBase Corp 10-K for fiscal 2020
- 7SEC EDGARAmBase Corp 10-K for fiscal 2021
- 8SEC EDGARAmBase Corp 10-K for fiscal 2022
- 9SEC EDGARAmBase Corp 10-K for fiscal 2023
- 10SEC EDGARAmBase Corp 10-K for fiscal 2024
- 11SEC EDGARAmBase Corp 10-Q for fiscal 2026
- 12SEC EDGARAmBase Corp 10-Q for fiscal 2026
- 13
- 14SEC EDGARRichard A. Bianco, Chair
- 15SEC EDGARJoseph R. Bianco, Treasurer
- 16SEC EDGARScott Michael Salant, Board member
- 17SEC EDGARKenneth M. Schmidt, Board member
- 18SEC EDGARTheodore T. Horton Jr., Board member
- 19SEC EDGARAlessandra F. Bianco, Board member
- 20SEC EDGARJerry Y. Carnegie, Board member
- 21SEC EDGARRichard A. Bianco, Board member
- 22SEC EDGARSalvatore Trani, Board member
- 23SEC EDGARPhilip M. Halpern, Board member
- 24SEC EDGAREntered a material agreement
- 25SEC EDGAREntered a material agreement
- 26SEC EDGARShareholder vote
- 27SEC EDGAREntered a material agreement
- 28SEC EDGAREntered a material agreement
- 29SEC EDGAREntered a material agreement
- 30SEC EDGARExecutive or director change
- 31SEC EDGAREntered a material agreement
- 32SEC EDGAREntered a material agreement
- 33SEC EDGAREntered a material agreement
- 34SEC EDGAREntered a material agreement
- 35SEC EDGAREntered a material agreement
- 36
- 37
- 38