SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   Form 10-QSB

                   Quarterly Report Under Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

For Quarter Ended December 31, 2000              Commission File No.    0-15148

                             NEWBRIDGE CAPITAL, INC.
             (Exact name of registrant as specified in its charter)

           Nevada                                        33-0877143
(State or other jurisdiction            (I.R.S. Employer Identification Number)
 of incorporation or organization)

 4695 MacArthur Court, Suite 1450, Newport Beach, CA              92660
 (Address of principal executive offices)                       (Zip Code)

                                 (949) 833-2094
              (Registrant's telephone number, including area code)

                                       N/A
                   (Former Name, if Changed Since Last Report)




     Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for shorter period that the Registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
                                                        Yes  X           No


                      APPLICABLE ONLY TO CORPORATE ISSUERS:


     As of December 31, 2000, there were 3,546,390 shares of the Registrant's no
par value common stock issued and outstanding.


<PAGE>

                             NEWBRIDGE CAPITAL, INC.

                                      INDEX



                                                                         Page
PART I

Item 1.   Financial Statements

          Balance Sheet - December 31, 2000..............................  1

          Statements of Operations - Six Months Ended
            December 31, 2000 and 1999...................................  2

          Statements of Cash Flows - Six Months Ended
            December 31, 2000 and 1999.................................... 3

          Notes to Financial Statements................................... 4


Item 2.   Management's Discussion and Analysis of

          Financial Condition and Results of Operations................... 9



PART II

Item 1.   Legal Proceedings.............................................. 11

Item 2.   Changes In Securities.......................................... 11

Item 3.   Defaults Upon Senior Securities................................ 11

Item 4.   Submission of Matters to a Vote of
            Security Holders............................................. 11

Item 5.   Other Information.............................................. 11

Item 6.   Exhibits and Reports on Form 8-K............................... 11

          Signatures..................................................... 12






                                        1
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                                  Balance Sheet
                       As of December 31, 2000 (Unaudited)

ASSETS
<TABLE>
<S>                                                             <C>

Current assets:
   Cash and cash equivalents                                    $   210,433
   Marketable securities                                            180,387
   Notes and receivables from affiliates                            904,052
   Retainer held by related party                                   144,000

         Total current assets                                     1,438,872

Equity-method investments                                         1,187,285
Investments, held for sale                                        1,390,588
Investments, at cost                                                156,311
Property and equipment, net of accumulated
   depreciation of $28,728                                          110,456
Deposits                                                              6,569
Related-party lease deposit                                         100,000

                                                                $ 4,390,081

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
   Accounts payable                                             $   160,734
   Other current liabilities                                          4,254

         Total current liabilities                                  164,988

Commitments and contingencies

Stockholders' equity:
   Preferred stock, $.001 par value;
     25,000,000 shares authorized;
     none outstanding                                                     -
   Common stock, $.001 par value;
     75,000,000 shares authorized;
     3,546,390 shares issued and outstanding                          3,546
    Additional paid-in capital                                   14,995,758
    Accumulated deficit                                         (10,740,183)
    Accumulated other comprehensive income                          (34,028)
         Total stockholders' equity                               4,225,093

                                                                $ 4,390,081
</TABLE>


              See accompanying notes to these financial statements


                                        2
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
            Statements of Operations and Comprehensive Income (Loss)
                    For the Three Months and Six Months Ended
                     December 31, 2000 and 1999 (Unaudited)

<TABLE>
<CAPTION>

                                For the Three Months       For the Six Months
                                  Ended December 31,       Ended December 31,
                                 2000         1999         2000          1999
                              (Unaudited)  (Unaudited)  (Unaudited)  (Unaudited)
<S>                           <C>          <C>          <C>          <C>

Revenues                      $        -   $        -   $         -  $        -

Operating expenses:
General and administrative       205,277       93,652       357,402     179,993
    Total operating expenses     205,277       93,652       357,402     179,993

Operating loss                  (205,277)     (93,652)     (357,402)   (179,993)

Other income (expense):
Gain (loss) on sale of marketable
    securities                   (31,519)     868,003       (31,019)    868,003
Income from affiliates           171,000            -       384,000           -
Impairment of investments       (378,974)           -    (7,078,974)          -
Other income                       2,620            -         1,043           -
Equity in earnings/(losses) of
    investees                    210,385            -       132,385           -
Interest income                    7,940        3,110        20,070       3,110

    Total other income/
      (expense)                  (18,548)     871,113    (6,572,495)    871,113

Net income (loss) before income
taxes                           (223,825)     777,461    (6,929,897)    691,120

Income taxes                         800      207,336           800     207,336

Net income (loss)               (224,625)     570,125    (6,930,697)    483,784

Other comprehensive loss -
    Unrealized loss on marketable
      securities                 (29,335)           -       (34,151)          -

Comprehensive income/
    (loss)                    $ (253,960)  $  570,125   $(6,964,848) $  483,784

Net income (loss) per common
  share:

 Basic and dilutive           $     (.07)  $      .18   $     (2.05) $      .15

Weighted common shares
  outstanding                  3,388,825    3,202,390     3,388,825   3,202,390

</TABLE>

              See accompanying notes to these financial statements


                                        3
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                            Statements of Cash Flows
         For the Six Months Ended December 31, 2000 and 1999 (Unaudited)



<TABLE>
<CAPTION>

                                                        2000          1999
                                                     (Unaudited)   (Unaudited)
<S>                                                  <C>           <C>

Cash flows from operating activities:
   Net loss                                         $(6,930,697)   $    570,125
   Adjustments to reconcile net loss to net cash
     Provided by operating activities:
      Common stock issued for services rendered               -          18,000
      Equity in earnings of equity method
       investments expenses                            (132,385)              -
      Impairment of investment held for
       sale expenses                                  7,078,974               -
      (Gain) loss on sale of marketable
       securities                                        31,019        (868,003)
      Changes in operating assets and liabilities:
         Increase  in accounts payable and
            accrued expenses                             63,951          82,987
         Other assets and liabilities, net              (32,531)        (45,436)

   Net cash provided (used) operating activities         78,331        (242,327)

Cash flows from investing activities:
   (Purchases)/sales of marketable securities, net     (237,160)        943,003
   Increase in equity-method investments               (274,500)              -
   Increase in investments at cost                            -        (109,649)
   Additions to fixed assets                            (89,547)              -

   Net cash (used) provided by investing activities    (601,207)        833,354

Cash flows from financing activities:
   (Decrease) increase in notes and
    receivables from affiliates                         (56,692)        378,736

    Net cash (used) provided by financing activities    (56,692)        378,736

Net (decrease) increase in cash                        (579,568)        969,763
Cash at beginning of period                             790,001           1,659

Cash at end of period                               $   210,433    $    971,422

Non-cash investing and financing activities:

   Common stock issued to purchase wholly
    owned subsidiaries                              $   542,886    $          -
   Common stock issued for services rendered        $         -    $     18,000
   Unrealized losses on marketable securities       $     4,816    $          -
</TABLE>


              See accompanying notes to these financial statements


                                        4
<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                          NOTES TO FINANCIAL STATEMENTS
                                December 31, 2000
                                   (Unaudited)

NOTE 1.  ORGANIZATION AND HISTORY

Business and Organization

NewBridge Capital, Inc. (formerly Scientific NRG, Incorporated, dba Scientific
Component Systems), (the "Company"), was incorporated in the state of Minnesota
in 1983. The Company historically designed, manufactured and marketed custom
energy efficient lighting products utilizing compact fluorescent lamp technology
primarily within the United States. The principal products were energy
efficient, compact fluorescent downlight fixtures primarily for the downlight
canister retrofit market.

On August 15, 1998, the Company's Board of Directors approved the sale of the
Company's downlight business, which constitutes substantially all of the
Company's assets and operations. On June 29, 1999, the Company completed the
sale of its downlight business which included substantially all of the Company's
assets and operations.

Effective June 30, 1999, the Company consummated an asset purchase agreement
with NuVen Capital L.P. ("NuVen"), which resulted in the Company acquiring
certain assets of NuVen, in exchange for 22,344,652 shares of the Company's
common stock valued at $10,090,793, based the estimated fair value of the
underlying assets acquired. No liabilities were assumed in this transaction. The
assets obtained by the Company consisted of Series D Convertible Preferred Stock
of NuOasis Resorts, Inc., totaling $8,000,000; certain receivables, primarily
from affiliates, with a net carrying value of $403,200; marketable securities in
affiliates totaling $1,136,556; and other non- current assets totaling $551,037.
As a result of this transaction, NuVen obtained approximately 70% control of the
Company. The assets acquired were accounted for at historical bases similar to a
recapitalization.

On November 30, 1999, the Company was merged into NewBridge Capital, Inc., a
Nevada corporation formed by it on July 22, 1999, and changed its name from
Scientific NRG, Incorporated to NewBridge Capital, Inc. to better reflect its
new corporate direction. At that time, the newly formed Nevada corporation
exchanged one (1) share for every ten (10) shares of Scientific NRG,
Incorporated. The merger was recorded at historical costs since the companies
were under common control, and all amounts, including share information, have
been retroactively restated for the years presented.

In fiscal 2001 to date and fiscal 2000, the Company's operations consisted of
managing certain investments and seeking business opportunities.

NOTE 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Going Concern

The Company's plan is to liquidate or exchange its interests to acquire
interests in other ventures and new operating opportunities. Management believes
that its working capital is sufficient to meet its working capital requirements
for a period of 12 months from the balance sheet date.



                                        5

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 2000
                                   (Unaudited)

Unaudited Interim Financial Statements

The financial statements for the three months ended December 31, 2000 and 1999
are unaudited. In the opinion of management, the unaudited financial statements
include all adjustments (consisting of normal recurring accruals) necessary to
present fairly the Company's financial position, results of operation and cash
flows for the quarters ending December 31, 2000 and 1999. These results are not
necessarily indicative of the results expected for the year ended June 30, 2001.

Restatement of Shares Outstanding

All historical share and per share amounts have been restated to reflect the one
for ten exchange of shares resulting from the Company reincorporating in Nevada
and effecting the merger on November 30, 1999 (Note 1).

NOTE 3.  RECEIVABLES FROM AFFILIATES

In August 2000, an officer of the Company agreed to exercise his rights under
option agreements with Hart Industries, Inc. ("Hart"). In September 2000, the
Company advanced $378,494 for the purpose of exercising these options.
Subsequently, the Company settled $276, 044 of this advance in exchange for the
750,000 shares of Hart that were underlying the options. The remaining $102,044
remains outstanding.

Receivables from affiliates at December 31, 2000 represent interest bearing and
non-interest bearing amounts in the amount of $802,008. Of this amount, $759,185
is due from certain affiliated companies and $42,823 is due from an officer of
the Company.

NOTE 4. EQUITY-METHOD INVESTMENTS

YES Licensing Partners, LLC

In connection with the asset purchase agreement executed on June 30, 1999, the
Company acquired a 50% equity interest in YES Licensing Partners, LLC ("YLP") at
a cost of $389,481. YLP holds six (6) trademark licenses of YES Clothing Co.
("YSCO") which have a remaining life of one to four years. In accordance with
generally accepted accounting principles, the acquisition of the YLP was
recorded at predecessor basis. The Company has reflected its proportionate share
of the equity in losses of YLP in the accompanying statement of operations for
fiscal 2001. YLP has no significant operations and no tangible assets at
December 31, 2000. YLP intends to pursue licensing to strategic partners. YLP is
scheduled to dissolve on December 31, 2003. Equity in losses of YLP totaled
approximately $35,000 during fiscal 2001. The carrying value of YLP at December
31, 2000 was $218,813.

YES Clothing Co.

In connection with the asset purchase agreement executed on June 30, 1999, the
Company acquired 3,500,000 shares common stock and 1,277,000 shares of preferred
stock of YSCO at an original cost of $91,382. The Company's interest in YSCO
represents 27% of the voting common stock and 100% of the preferred stock of
YSCO. YSCO is an inactive company. In October 2000, the Company converted
177,005 shares of its YSCO Preferred Stock into 5,779,213 shares of common
stock. As a result, the Company now owns approximately 50% of the outstanding
YSCO common stock.




                                        6

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 2000
                                   (Unaudited)

YES Clothing Co. (continued)

As it is the Company's intent to seek a merger partner with YSCO, it believes
that YSCO is best accounted for on the equity method. During fiscal 2000, YSCO
realized a gain of $971,000 as a result of successfully settling a tax claim
with the IRS. Equity in income of YSCO totaled $288,000 in fiscal 2001. The
carrying value of YES at December 31, 2000, was $338,000. In November 2000, YSCO
reversed it common stock by 100 to 1 reducing the number of shares owned by the
Company but not its ownership percentage. YES common stock is traded on the
Over-the-Counter Bulletin Board Exchange (OTCBB) under the symbol YCCI.

Oasis Resorts International, Inc.

In connection with the asset purchase agreement executed on June 30, 1999, the
Company acquired 200,000 shares of Oasis common stock at an original cost of
$343,500. Because the President of NewBridge is also defined as a control person
of Oasis and Oasis is a consolidated subsidiary of NuOasis, the Company
reclassified its investment in Oasis as a security held for sale rather than a
marketable security. Equity in losses of Oasis totaled approximately $78,000 in
fiscal 2001. The carrying value of Oasis at December 31, 2000, was $227,028.
Oasis common stock is now traded on the OTCBB under the symbol OAII.

Hart Industries, Inc.

The Company holds 59,960 shares of common stock in Hart, representing 4% of the
common stock outstanding of Hart at December 31, 2000. The Company's original
investment of 750,000 shares at a carrying value of $7,000 was increased by the
shares acquired as a result of settlement of the advance to an officer of the
Company in exchange for the 750,000 shares of Hart acquired pursuant to a stock
option. The number of shares owned by the Company was subsequently reduced as a
result of a 25 for 1 reverse stock split in November 2000. The Company's equity
in losses during fiscal 2000 were $12,000. Hart's common stock did not resume
trading until September 15, 2000. The Company's carrying value of its investment
in Hart is $267,000. Hart common stock is traded on the OTCBB under the symbol
HRII.


NOTE 5.  INVESTMENT HELD FOR SALE

NuOasis Resorts, Inc.

NuOasis operates as a holding company for leisure and entertainment-related
businesses. The President of NewBridge is also defined as a control person of
NuOasis. The NuOasis investment consists of a designated Series D voting,
convertible preferred stock (the "D Preferred"). The D Preferred consists of
24,000,000 shares, which were issued to NuVen Advisors, Inc. ("NuVen Advisors")
in 1993 in exchange for the investment securities with an estimated market
value, based upon independent legal and valuation opinions at the time,
discounted approximately 50% at the date of transfer, of $10,000,000. The D
Preferred is redeemable, in whole or in part, at the option of the Board of
Directors, at any time, at a redemption price of up to $24,000,000. The
Preferred D is convertible, at the option of the holder, into shares of NuOasis
common stock at an exchange rate of 0.41667 per share, or convertible into
shares having a market value at the time of such conversion of $0.41667 per
share. Market value is determined based on 50% of the closing bid price for 30
days preceding notice of conversion. The right to convert the D Preferred
expires on December 31, 2001.


                                        7

<PAGE>

                             NEWBRIDGE CAPITAL, INC.
                    NOTES TO FINANCIAL STATEMENTS (Continued)
                                December 31, 2000
                                   (Unaudited)

NuOasis Resorts, Inc. (continued)

In connection with asset purchase agreement with NuVen Capital in fiscal 1999,
the Company acquired 19,200,000 shares of D Preferred on June 30, 1999 with a
carrying value of $8,000,000. The Company obtained an independent appraisal of
the D Preferred at a fair market value of approximately $10,900,000 as of the
date of the acquisition. Since the Company is required to record the asset using
the predecessor's basis, the Company recorded the investment at $8,000,000.

Management obtained an independent appraisal of certain assets held by NuOasis
as of June 30, 2000, totaling $8.1 million. Data used to determine fair value at
June 30, 2000 adversely changed through September 30, 2000. Based on factors
known to management at September 30, 2000, the Company recorded an impairment of
$6,700,000 as a charge to operations to reflect the adverse change that affected
the data used to appraise the asset at June 30, 2000. Management continues to
negotiate a sale or an exchange of its interest in the D Preferred. Management
has determined that no further impairment was necessary during the three months
ended December 31, 2000.

NOTE 6.  Recent Developments

Effective October 5, 2000, the Company acquired the assets and assumed certain
liabilities of SkateSurfSnow.com from PacificTradingPost.com Inc.("Pacific
Trading") by issuing 136,000 shares of its common stock and warrants to acquire
1,204,004 shares of the Company's common stock for $4.00 per share valued at
$406,000. The acquired assets and liabilities were contributed to a newly formed
company, SkateSurfSnow Inc., ("SSS") a California corporation and wholly owned
subsidiary of the Company. SSS lost $27,000 during the quarter ended December
31, 2000. As a result, the Company at December 31, 2000 determined that SSS
would not realize its anticipated potential without a significant additional
capital contribution from the Company. As a result, the Company decided to cease
the operations of SSS and impaired the remaining investment of $379,000.

Effective December 5, 2000, the Company acquired the assets and assumed certain
liabilities of Random Snowboards for 100,000 shares of its common stock valued
at $137,000. These acquired assets and assumed liabilities were contributed to a
newly formed wholly owned subsidiary of the Company, Annex Distribution, Inc.
("Annex"). For the period ended December 31, 2000, Annex recognized an operating
loss of $4,000 and the carrying value of Annex was $133,000 at December 31,
2000. The net assets acquired were not significant to the financial statements
taken as a whole.






                                        8
<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
         CONDITION AND RESULTS OF OPERATIONS

Results of Operations

Quarter Ended December 31, 2000 Compared to Quarter Ended December 31, 1999

During the quarter ended December 31, 2000, the Company was actively managing
affiliated companies under advisory agreements assumed from NuVen Advisors, Inc.
during fiscal 2000. While there were no material operations during the quarter
ended December 31, 2000, the Company earned advisory fees in the second quarter
of fiscal 2001 from affiliated companies of $171,000.

As there were no operations other than with affiliated companies, the Company
recorded no revenues or cost of revenues recorded during the quarters.

General and administrative expenses were $205,000 in the current quarter
compared to $94,000 in the comparable period last year. The change is
attributable to costs associated with the advisory agreements in fiscal 2001, as
well as the Company's search for new business opportunities.

During the second quarter of fiscal 2000, the Company made an investment of
$406,000 in SkateSurfSnow Inc., ("SSS") a California corporation as a wholly
owned subsidiary of the Company. At December, 31, 2000, the Company determined
that SSS would not realize its anticipated potential without a significant
additional capital contribution by the Company. As a result, the Company ceased
the operations of SSS and impaired the remaining investment of $379,000. SSS
lost $27,000 from operations in the second quarter.

Six Months Ended December 31, 2000 Compared to the
  Six Months Ended December 31, 1999

During the six months ended December 31, 2000, the Company was actively managing
affiliated companies under advisory agreements assumed from NuVen Advisors, Inc.
in fiscal 2000, while there were no operations during the six months ended
December 31, 2000, the Company earned advisory fees in the first six months of
fiscal 2001 from affiliated companies of $384,000.

As there were no operations other than with affiliated companies, the Company
recorded no revenues or cost of revenues recorded during the periods.

General and administrative expenses were $357,000 in the current quarter
compared to $180,000 in the comparable period last year. The change is
attributable to costs associated with the advisory agreements in fiscal 2001 as
well as the Company's search for new business opportunities.

In connection with asset purchase agreement with NuVen Capital in fiscal 1999,
the Company acquired 19,200,000 shares of D Preferred of NuOasis with a carrying
value of $8,000,000. The Company obtained an independent appraisal of the D
Preferred at a fair market value of approximately $10,900,000 as of the date of
the acquisition. Since the Company is required to record the asset using the
predecessor's basis, the Company recorded the investment at $8,000,000.

Management obtained an independent appraisal of certain assets held by NuOasis
as of June 30, 2000, totaling $8.1 million. Data used to determine fair value at
June 30, 2000 adversely changed through September 30, 2000. Based on factors
known to management at September 30, 2000, the Company recorded an impairment of
$6,700,000 as a charge to operations to reflect the adverse change that affected
the data used to appraise the asset at June 30, 2000. Management continues to
negotiate a sale or an exchange of its interest in the D Preferred. Management
has determined that no further impairment was necessary during the three months
ended December 31, 2000.


                                        9
<PAGE>

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
        CONDITION AND RESULTS OF OPERATIONS (continued)


Liquidity and Capital Resources

The Company had cash balances of approximately $210,000 and $790,000 at December
31, 2000 and June 30, 2000, respectively.

As of December 31, 2000, the Company had a positive working capital of $1.4
million. Management fully expects to realize fully its current assets including
the receivables from affiliates within the next fiscal year. The Company expects
to have additional working capital available as it negotiates the sale, exchange
or liquidation of its equity investments held for sale. Management believes that
the Company's working capital is sufficient to meet the operating needs for next
12 months.

The Company has no commitments for capital expenditures or additional equity or
debt financing.
















                                       10
<PAGE>


PART II:          OTHER INFORMATION

Item 1. Legal Proceedings

                           None

Item 2. Changes In Securities

                           None

Item 3. Defaults Upon Senior Securities

                           None

Item 4. Submission Of Matters To A Vote Of Security Holders

                           None

Item 5. Other Information

                           None

Item 6. Exhibits And Reports On Form 8-K

                  (a)      Exhibits - None

                  (b)      None









                                       11
<PAGE>

                                   SIGNATURES



     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                        NEWBRIDGE CAPITAL, INC.
                                        (Registrant)



Date:    February 14, 2001              By:  /s/ Leonard J. Roman
                                                 Leonard J. Roman
                                                 Chief Financial Officer


















                                       12