Trinity Place Holdings Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $2.0M
- Price
- $0.0302
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.58%
- Volume
- 1.5K
About
Trinity Place Holdings Inc. is a U.S.-based entity primarily engaged in various real estate ventures, including property investment, development, asset holding, and management. A key asset in its portfolio is the development situated at 77 Greenwich Street in Lower Manhattan. The company also possesses a property in Paramus, New Jersey, which is currently occupied by a retail tenant. Furthermore, Trinity Place Holdings controls an array of intellectual property assets with a focus on the consumer sector. These include FilenesBasement.com, the rights to the Stanley Blacker brand, and the intellectual property linked to both the "Brides" event and "An Educated Consumer" initiatives. The company was founded in 1959 and has its corporate headquarters in New York, New York.
Quick stats
Shares outstanding66.2M
Computed float30.9M
Float / shares46.6%
Key info
SectorReal Estate
IndustryReal Estate - Development
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000724742
Websitehttps://tphs.com
AI Summary
AI-generated1/3
minorbearishearnings
Trinity Place Holdings Inc. Reports Second Quarter Financial Results
Trinity Place Holdings reported Q2 2026 financial results with zero revenue for the quarter and six months ended June 30, compared to zero revenue in the prior-year quarter and $239,000 in the prior-year six-month period.
The company recorded a net loss of $144,000 for the quarter, narrowing from a loss of $507,000 in the same period last year, while cash and cash equivalents decreased to $180,000 from $216,000 at year-end.
Management noted $329.9 million in federal net operating loss carryforwards, though a full $90.4 million valuation allowance was recorded due to uncertainty about realizing those tax benefits.
Red flags
- Zero revenue for the quarter and first six months of the fiscal year
- Cash balance of $180k versus total liabilities of $1.9M
- Valuation allowance recorded on significant NOL assets due to uncertainty of realization