Core Viewpoint - Manhattan Bridge Capital, Inc. reported a decrease in total revenues for the second quarter of 2025, primarily due to lower interest income from a reduction in loans receivable, despite an increase in origination fees [1][3]. Financial Performance - Total revenues for Q2 2025 were approximately $2,355,000, down from $2,443,000 in Q2 2024, representing a decrease of $88,000 or 3.6% [1]. - For the first half of 2025, total revenues were approximately $4,629,000, compared to $5,016,000 for the same period in 2024, a decrease of $387,000 or 7.7% [3]. - Net income for Q2 2025 was approximately $1,413,000, or $0.12 per share, slightly up from $1,409,000, or $0.12 per share in Q2 2024 [2]. - For the first half of 2025, net income was approximately $2,786,000, or $0.24 per share, down from $2,885,000, or $0.25 per share in the first half of 2024, a decrease of $99,000 or 3.4% [4]. Revenue Breakdown - In Q2 2025, interest income from loans was approximately $1,899,000, down from $2,033,000 in Q2 2024, while origination fees increased to approximately $456,000 from $411,000 [1]. - For the first half of 2025, interest income was approximately $3,733,000, compared to $4,175,000 in the first half of 2024, with origination fees increasing to approximately $896,000 from $841,000 [3]. Market Conditions - The CEO noted that interest rates are impacting the real estate markets, leading to a slower pace of loan closings and longer loan terms, with a higher amount of extended loans beyond the initial one-year term [5]. Shareholder Equity - As of June 30, 2025, total shareholders' equity was approximately $43,427,000, reflecting a slight increase from $43,265,127 at the end of 2024 [5]. Company Overview - Manhattan Bridge Capital, Inc. specializes in offering short-term secured loans to real estate investors for property acquisition and improvement in the New York metropolitan area and Florida [6].