BKF CAPITAL GROUP INC
CIK:0000009235|SEC Filings
|
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
| Non Operating Income | ||
| Interest income | $ 1 | $ 2 |
| Total revenues | 1 | 2 |
| Expenses: | ||
| Employee compensation and benefits | 25 | 25 |
| Occupancy and equipment rental | 4 | 5 |
| Other operating expenses | 4 | 34 |
| Total expenses | (33) | (64) |
| Other income (expense) | ||
| Gain/(loss) on equity investments | 31 | (58) |
| Total other income (expense) | 31 | (58) |
| Net income/(loss) | $ (1) | $ (120) |
| Basic and Diluted Earnings Per Share (in dollars per share) | $ 0 | $ (0.02) |
| Weighted average common shares outstanding (in shares) | 7,471,593 | 7,471,593 |
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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
| Cash flows from operating activities | ||
| Net loss | $ (1) | $ (120) |
| Changes in operating assets and liabilities: | ||
| Gain / (loss) on equity investments | (31) | 58 |
| (Decrease) in accrued expenses | (25) | (13) |
| Net cash used in operating activities | (57) | (75) |
| Cash flows from investing activities | ||
| Purchase of investment securities | (273) | (450) |
| Net cash used in investing activities | (273) | (450) |
| Net decrease in cash and cash equivalents | (330) | (525) |
| Cash and cash equivalents at the beginning of the period | 3,052 | 5,898 |
| Cash and cash equivalents at the end of the period | 2,722 | 5,373 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | 0 | 0 |
| Cash paid for income taxes | $ 0 | $ 0 |
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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2015
|
Dec. 31, 2014
|
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $ 2,722 | $ 3,052 |
| Investment in Qualstar and Interlink | 3,153 | 2,848 |
| Prepaid expenses and other assets | 14 | 15 |
| Total assets | 5,889 | 5,915 |
| Liabilities and Stockholders' Equity | ||
| Accrued expenses | 27 | 52 |
| Total liabilities | 27 | 52 |
| Commitments and contingencies | ||
| Stockholders' equity | ||
| Common stock, $1 par value, authorized — 15,000,000 shares, 7,471,593 issued and outstanding as of March 31, 2015 and as of December 31, 2014 | 7,472 | 7,472 |
| Additional paid-in capital | 68,270 | 68,270 |
| Accumulated deficit | (69,880) | (69,879) |
| Total stockholders' equity | 5,862 | 5,863 |
| Total liabilities and stockholders' equity | $ 5,889 | $ 5,915 |