SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549



FORM 10-Q



þ          QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934



For the quarterly period
ended October 31, 2014 or



 ̈          TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934



For the transition
period from __________ to ___________



Commission File No.
1-5926



|MILLER INDUSTRIES, INC.                               
|------------------------------------------------------
|(Exact Name of Registrant as Specified in its Charter)



|Florida                                                        |  | 59-0996356                          
|-------------------------------------------------------------- |  | ------------------------------------
|(State or Other Jurisdiction of
Incorporation or Organization) |  | (I.R.S. Employer
Identification No.)



|16295 N.W. 13th Avenue, Miami,  Florida  33169                                    
|----------------------------------------------------------------------------------
|(Address of Principal Executive Offices                                           
|                                                                                  
|(305) 621-0501                                                                    
|(Registrant’s telephone number, including area code                               
|                                                                                  
|Not Applicable                                                                    
|(Former Name, Former Address and Former Fiscal
Year, 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
of such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing required
for the past 90 days.



Yes  ̈
No þ



Indicate by check mark whether the registrant
has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter
period that the registrant was required to submit and post such files).



Yes  ̈
No þ



Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer. or a “smaller reporting issuer.” See the
definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company”
in Rule 12b-2 of the Exchange Act.



Large accelerated filer  ̈
Accelerated filer  ̈ Non-accelerated filer  ̈
Smaller reporting company þ



Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange Act).



Yes  ̈
No þ



The number of shares
outstanding of each of the issuer’s classes of common stock, par value $.05 per share, as of October 31, 2014 is 5,000,000
shares.











MILLER INDUSTRIES, INC.

FORM 10-Q

October 31, 2014



INDEX



|                           |                                                                                       | Page No.
|-------------------------- | ------------------------------------------------------------------------------------- | --------
|                           |                                                                                       |         
|PART I:                    | FINANCIAL INFORMATION                                                                 |         
|                           |                                                                                       |         
|Item 1.                    | Financial Statements                                                                  |         
|                           |                                                                                       |         
|                           | Balance Sheets dated as of October 31, 2014 and April 30, 2014                        | 1       
|                           |                                                                                       |         
|                           | Statement of Operations – Three Months Ended October 31, 2014 and 2013                | 3       
|                           |                                                                                       |         
|                           | Statement of Operations –Six Months Ended October 31, 2014 and 2013                   | 4       
|                           |                                                                                       |         
|                           | Statement of Cash Flows - Six Months Ended October 31, 2014 and 2013                  | 5       
|                           |                                                                                       |         
|                           | Notes to Financial Statements                                                         | 6       
|                           |                                                                                       |         
|Item 2.                    | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 7       
|                           |                                                                                       |         
|Item 3.                    | Quantitative and Qualitative Disclosures about Market Risk                            | 8       
|                           |                                                                                       |         
|Item 4.                    | Controls and Procedures                                                               | 8       
|                           |                                                                                       |         
|Item 5.                    | Other Matters and Subsequent Events                                                   |         
|                           |                                                                                       |         
|PART II: OTHER INFORMATION |                                                                                      
|                           |                                                                                       |         
|Item 1.                    | Legal Proceedings                                                                     |         
|                           |                                                                                       |         
|Item 6.                    | Exhibits                                                                              | 9       
|                           |                                                                                       |         
|Signatures                 | 10                                                                                   



i







MILLER INDUSTRIES, INC.

BALANCE SHEET

October 31, 2014

(UNAUDITED)



|                                                                                               |  | 2014 |          
|---------------------------------------------------------------------------------------------- |  | ---- | ---------
|ASSETS                                                                                         |  |      |          
|Investment Property:                                                                           |  |      |          
|Land                                                                                           |  | $    | 161,443  
|Building and Improvements                                                                      |  |      | 1,049,908
|Machinery and Equipment                                                                        |  |      | 11,106   
|Furniture and Fixtures                                                                         |  |      | 10,251   
|Total Cost                                                                                     |  | $    | 1,232,708
|Less:  Accumulated Depreciation                                                                |  |      | 936,105  
|Net Book Value                                                                                 |  | $    | 296,603  
|Other Assets:                                                                                  |  |      |          
|Cash and Cash Equivalents                                                                      |  | $    | 1,644,264
|Accounts Receivable                                                                            |  |      |          
|Prepaid Expenses and Other Assets                                                              |  |      | 70,176   
|Deferred Lease Incentive (Net of Accumulated Amortization - $29,753)                           |  |      | 25,469   
|Loan Costs (Less Accumulated Amortization of $5,278)                                           |  |      | 5,457    
|Deferred Tax                                                                                   |  |      | 40,376   
|Total Other Assets                                                                             |  | $    | 1,785,742
|                                                                                               |  |      |          
|TOTAL ASSETS                                                                                   |  | $    | 2,082,345
|                                                                                               |  |      |          
|LIABILITIES AND SHAREHOLDERS’ EQUITY                                                           |  |      |          
|Liabilities:                                                                                   |  |      |          
|Mortgage and Notes Payable                                                                     |  | $    | 1,137,790
|Accounts Payable and Accrued Expenses                                                          |  |      | 277,331  
|Tenant’s Deposits and Advance Rent                                                             |  |      | 80,266   
|                                                                                               |  |      |          
|Total Liabilities                                                                              |  | $    | 1,495,387
|                                                                                               |  |      |          
|Shareholders’ Equity:                                                                          |  |      |          
|Common Stock - $.05 par, 5,000,000 shares
 Authorized; 5,000,000 shares issued and Outstanding |  | $    | 250,000  
|Paid-In Capital                                                                                |  |      | 1,212,102
|Deficit                                                                                        |  |      | (875,144 
|                                                                                               |  |      |          
|Total Shareholders’ Equity                                                                     |  | $    | 586,958  
|                                                                                               |  |      |          
|TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY                                                     |  | $    | 2,082,345



See Accompanying Notes to Financial Statements.



-1-







MILLER INDUSTRIES, INC.

BALANCE SHEET

April 30, 2014



|                                                                                               |  | 2014 |          
|---------------------------------------------------------------------------------------------- |  | ---- | ---------
|ASSETS                                                                                         |  |      |          
|Investment Property:                                                                           |  |      |          
|Land                                                                                           |  | $    | 161,443  
|Building and Improvements                                                                      |  |      | 1,049,908
|Machinery and Equipment                                                                        |  |      | 11,106   
|Furniture and Fixtures                                                                         |  |      | 10,251   
|Total Cost                                                                                     |  | $    | 1,232,708
|Less:  Accumulated Depreciation                                                                |  |      | 930,164  
|Net Book Value                                                                                 |  | $    | 302,544  
|Other Assets:                                                                                  |  |      |          
|Cash and Cash Equivalents                                                                      |  | $    | 1,512,931
|Accounts Receivable                                                                            |  |      |          
|Prepaid Expenses and Other Assets                                                              |  |      | 45,525   
|Refundable Income Taxes                                                                        |  |      | 11,563   
|Deferred Lease Incentive (Net of Accumulated Amortization - $25,337)                           |  |      | 29,886   
|Loan Costs (Less Accumulated Amortization of $4,741)                                           |  |      | 5,994    
|Deferred Tax                                                                                   |  |      | 40,376   
|Total Other Assets                                                                             |  | $    | 1,646,275
|                                                                                               |  |      |          
|TOTAL ASSETS                                                                                   |  | $    | 1,948,819
|                                                                                               |  |      |          
|LIABILITIES AND SHAREHOLDERS’ EQUITY                                                           |  |      |          
|Liabilities:                                                                                   |  |      |          
|Mortgage and Notes Payable                                                                     |  | $    | 1,160,080
|Accounts Payable and Accrued Expenses                                                          |  |      | 212,387  
|Tenant’s Deposits and Advance Rent                                                             |  |      | 63,080   
|Income Taxes payable                                                                           |  |      |          
|                                                                                               |  |      |          
|Total Liabilities                                                                              |  | $    | 1,435,547
|                                                                                               |  |      |          
|Shareholders’ Equity:                                                                          |  |      |          
|Common Stock - $.05 par, 5,000,000 shares
 Authorized; 5,000,000 shares issued and Outstanding |  | $    | 250,000  
|Paid-In Capital                                                                                |  |      | 1,212,102
|Deficit                                                                                        |  |      | (948,830 
|                                                                                               |  |      |          
|Total Shareholders’ Equity                                                                     |  | $    | 513,272  
|                                                                                               |  |      |          
|TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY                                                     |  | $    | 1,948,819



See Accompanying Notes to Financial Statements.



-2-







STATEMENT OF OPERATIONS

FOR THE THREE MONTHS ENDED OCTOBER 31,
2014 AND 2013

(UNAUDITED)



|                                           |  | 10/31/14 |           |  | 10/31/13 |  
|------------------------------------------ |  | -------- | --------- |  | -------- | -
|Revenues:                                  |  |          |           |  |          |  
|Rental Income                              |  | $        | 158,989   |  |          | $
|Other Income                               |  |          | 1,376     |  |          |  
|                                           |  |          |           |  |          |  
|Total Revenues                             |  | $        | 160,365   |  |          | $
|                                           |  |          |           |  |          |  
|Expenses:                                  |  |          |           |  |          |  
|Rental Expenses (Except Interest)          |  | $        | 77,874    |  |          | $
|Administrative                             |  |          | 14,435    |  |          |  
|Interest                                   |  |          | 8,048     |  |          |  
|                                           |  |          |           |  |          |  
|Total Expenses                             |  | $        | 100,357   |  |          | $
|                                           |  |          |           |  |          |  
|Income Before Tax Provision                |  | $        | 68,008    |  |          | $
|                                           |  |          |           |  |          |  
|Provision for Income Tax:                  |  |          |           |  |          |  
|Federal Income Tax                         |  | $        | 20,000    |  |          | $
|State Income Tax                           |  |          | 2,500     |  |          |  
|                                           |  |          |           |  |          |  
|Total Provision for Income Tax             |  | $        | 22,500    |  |          | $
|                                           |  |          |           |  |          |  
|Net Income                                 |  | $        | 37,508    |  |          | $
|                                           |  |          |           |  |          |  
|Income per Common Share (Basic)            |  | $        | .01       |  |          | $
|                                           |  |          |           |  |          |  
|Average Shares of Common Stock Outstanding |  |          | 5,000,000 |  |          |  



See Accompanying Notes to Financial Statements



-3-







MILLER INDUSTRIES, INC.

STATEMENT OF OPERATIONS

FOR THE SIX MONTHS ENDED OCTOBER 31,
2014 AND 2013

(UNAUDITED)



|                                           |  | 10/31/14 |           |  | 10/31/13 |  
|------------------------------------------ |  | -------- | --------- |  | -------- | -
|Revenues:                                  |  |          |           |  |          |  
|Rental Income                              |  | $        | 312,309   |  |          | $
|Other Income                               |  |          | 2,159     |  |          |  
|                                           |  |          |           |  |          |  
|Total Revenues                             |  | $        | 314,468   |  |          | $
|                                           |  |          |           |  |          |  
|Expenses:                                  |  |          |           |  |          |  
|Rental Expenses (Except Interest)          |  | $        | 160,599   |  |          | $
|Administrative                             |  |          | 25,320    |  |          |  
|Interest                                   |  |          | 14,863    |  |          |  
|                                           |  |          |           |  |          |  
|Total Expenses                             |  | $        | 200,782   |  |          | $
|                                           |  |          |           |  |          |  
|Income Before Tax Provision                |  | $        | 113,686   |  |          | $
|                                           |  |          |           |  |          |  
|Provision for Income Tax:                  |  |          |           |  |          |  
|Federal Income Tax                         |  | $        | 35,000    |  |          | $
|State Income Tax                           |  |          | 5,000     |  |          |  
|Total Provision for Income Tax             |  | $        | 40,000    |  |          | $
|                                           |  |          |           |  |          |  
|Net Income                                 |  | $        | 73,686    |  |          | $
|                                           |  |          |           |  |          |  
|Income per Common Share (Basic)            |  | $        | .01       |  |          | $
|                                           |  |          |           |  |          |  
|Average Shares of Common Stock Outstanding |  |          | 5,000,000 |  |          |  



See Accompanying Notes to Financial
Statements.



-4-







MILLER INDUSTRIES, INC.

STATEMENT OF CASH FLOWS

FOR THE SIX MONTHS ENDED OCTOBER 31,
2014 AND 2013

(UNAUDITED)



|                                                                                             |  | 10/31/13 |           |   | 10/31/13 |  
|-------------------------------------------------------------------------------------------- |  | -------- | --------- | - | -------- | -
|Cash Flows from Operating Activities:                                                        |  |          |           |   |          |  
|                                                                                             |  |          |           |   |          |  
|Net Income                                                                                   |  | $        | 73,786    |   |          | $
|Adjustments to Reconcile Net Income to Net Cash Provided by (used for) Operating Activities: |  |          |           |   |          |  
|Provision for Bad Debts                                                                      |  |          |           |   |          |  
|Depreciation                                                                                 |  |          | 5,943     |   |          |  
|Amortization                                                                                 |  |          | 4,953     |   |          |  
|Deferred Tax Asset Valuation Adjustment                                                      |  |          |           |   |          |  
|Changes in Operating Assets and Liabilities                                                  |  |          | 69,041    |   |          |  
|                                                                                             |  |          |           |   |          |  
|Net Cash Provided by Operating Activities                                                    |  | $        | 153,623   |   |          | $
|                                                                                             |  |          |           |   |          |  
|Cash Flows from Investing Activities:                                                        |  |          |           |   |          |  
|Acquisition of Property, Equipment, and Intangible                                           |  | $        |           |   |          | $
|                                                                                             |  |          |           |   |          |  
|Net Cash (used by) Investing Activities                                                      |  | $        |           |   |          | $
|                                                                                             |  |          |           |   |          |  
|Cash Flows from Financing Activities:                                                        |  |          |           |   |          |  
|Principal Payments Under Borrowings                                                          |  | $        | (22,290   | ) |          | $
|Proceeds from Stock option purchase                                                          |  |          |           |   |          |  
|                                                                                             |  |          |           |   |          |  
|Net Cash Provided by (used by) Financing Activities                                          |  | $        | (22,290   | ) |          | $
|                                                                                             |  |          |           |   |          |  
|Net Increase in Cash and Cash Equivalents                                                    |  | $        | 131,333   |   |          | $
|                                                                                             |  |          |           |   |          |  
|Cash and Cash Equivalents at the Beginning of Year                                           |  |          | 1,512,931 |   |          |  
|Cash and Cash Equivalents at the End of Quarter                                              |  | $        | 1,644,264 |   |          | $
|                                                                                             |  |          |           |   |          |  
|Additional Cash Flow Information:                                                            |  |          |           |   |          |  
|Cash Payments During the Year                                                                |  |          |           |   |          |  
|Interest                                                                                     |  | $        | 16,458    |   |          | $
|Income Taxes                                                                                 |  | $        | -         |   |          | $



See Accompanying Notes to Financial Statements.



-5-







MILLER INDUSTRIES, INC.

NOTES TO FINANCIAL STATEMENTS

OCTOBER 31, 2014

(UNAUDITED)



NOTE A – BASIS OF PRESENTATION



The accompanying unaudited financial
statements have been prepared in accordance with generally accepted accounting principles for interim financial information and
with the instructions to Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required
by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting
of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the six month
period ending October 31, 2014 are not necessarily indicative of results that may be expected for the year ended April 30, 2015.



For further information refer to
the financial statements and footnotes thereto of the Company as of April 30, 2014 and for the year ended April 30, 2014.



NOTE B - Earnings Per Share
-



Basic earnings per share (“EPS”)
is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding
during the period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to all dilutive potential
of shares of common stock outstanding during the period including stock options or warrants, using the treasury stock method (by
using the average stock price for the period to determine the number of shares assumed to be purchased from the exercise of stock
options or warrants). Diluted EPS excludes all dilutive potential of shares of common stock if their effect is anti-dilutive.



NOTE C - Use of Estimates -



The preparation of financial statements
in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the
amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The most
significant estimates included in the preparation of the financial statements are related to income taxes, asset lives, accruals
and valuation allowances.



NOTE D – Commitments, Contingent Liabilities,
Other Matters, and Subsequent Events



On May 2, 2014, the Company entered into
a 38-month lease of approximately 17,000 square feet at a monthly rental of approximately $9,300 per month.



-6-







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



Results of Operations (Second
Quarter of 2015 Fiscal Year compared to Second Quarter of 2014 Fiscal Year and Six Months of 2015 Fiscal Year compared to Six
Months of 2014 Fiscal Year)



Rental Income. The Company’s
results of operations are primarily dependent upon the rental income which it receives from leasing space in its building. Rental
income is a function of the percentage of the building which is occupied and the level of rental rates. Rental income during the
second quarter of 2014 was $77,000, compared to $159,000 in the second quarter of 2015. rental income during the first two quarters
of 2014 was 153,000 and in 2015 was $311,000.



Other Income. The Company generated
other income of $1,300 in the second quarter of 2014 and $1,400 in 2015. The Company generated $2,600 in the first two quarters
of fiscal year 2014 and $2,200 in the first two quarters of fiscal year 2015. Income in these quarters consisted of interest income
and miscellaneous income.



Rental Expense (Excluding Interest).
The Company incurs rental expense in connection with the leasing of its building. These expenses consist of management fees, insurance,
real estate taxes, depreciation and amortization, maintenance and repairs, utility costs and outside services. Rental expenses
were $38,000 in the second quarter of 2014 and $78,000 in the second quarter of 2015. Rental expenses were $99,000 in the first
two quarters of 2014 and $161,000 in the first two quarters of 2015.



Administrative Expenses. The Company’s
administrative expenses were $12,000 in the second quarter of 2014 and $14,000 in 2015 and $25,000 in the first two quarters of
fiscal years 2014 and $25,000 in 2015.



Interest Expense. The Company pays
interest on the mortgage loan on its building. Interest expense on the loan was $8,000 in the second quarter of fiscal year 2014
and 2015 and $15,000 in the first two quarters of fiscal year 2014 and 2015.



Provision for Income Taxes. The
Company had a tax provision of $3,500 for the second quarter of fiscal year 2014 and $22.500 for the second quarter of fiscal year
2015 and $2,700 in the first two quarters of fiscal 2014 and $40,000 in 2015.



Net Income. As a result of the foregoing
factors, The Company had net income of $16,000 in the second quarter of 2014 and $37,000 in the second quarter of 2015 and $13,000
in the first two quarters of fiscal 2014 and $74,000 in first two quarters of 2015.



Liquidity and Capital Resources



The Company’s cash increased by $10,000
during the first six months of fiscal year 2014 compared to an increase of $131,000 during the first six months of fiscal year
2015. As of October 31, 2014, The Company’s cash position was approximately $1,644,000.



Current Operations



The Company operates as a real estate investment
and management company. The Company is currently seeking to obtain additional commercial tenants for its existing building.



-7-







The Company’s principal operating
expenses consist of management and professional fees associated with the administration of the Company, interest expense on the
Company’s mortgage loan, real estate taxes and insurance.



ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES
ABOUT MARKET RISK



We are a smaller reporting issuer as defined
in Item 10 of Regulation S-K and are not required to report the quantitative and qualitative measures of market risk specified
in Item 305 of Regulation S-K.



ITEM 4. CONTROLS AND PROCEDURES



In connection with the filing of this Form
10-Q, the Company’s Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of the Company’s
disclosure controls and procedures as of October 31, 2014. The Company’s Chief Executive Officer and Chief Financial Officer
concluded that the Company’s disclosure controls and procedures were effective as of October 31, 2014.



There were no changes in the Company’s
internal controls over financial reporting that materially affected, or are reasonably likely to materially affect, the Company’s
internal control over financial reporting during the fiscal quarter ended October 31, 2014.



-8-







PART II. OTHER INFORMATION



| | ITEM 6. | EXHIBITS
| | ------- | --------



| | (a) | Exhibits
| | --- | --------



|Exhibit No. |  | Description                                                                                                                                                                  
|----------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |  |                                                                                                                                                                              
|(31.1)      |  | Certification of Chief Executive Officer pursuant to Rule 13a-14(a).                                                                                                         
|            |  |                                                                                                                                                                              
|(31.2)      |  | Certification of Chief Financial Officer pursuant to Rule 13a-14(a).                                                                                                         
|            |  |                                                                                                                                                                              
|(32.1)      |  | Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002



| | (b) | Reports on Form 8-K.
| | --- | --------------------



Not applicable.



-9-







SIGNATURE



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.



|                      |  | MILLER INDUSTRIES, INC.
|--------------------- |  | -----------------------
|                      |  | (Registrant)           
|                      |  |                        
|Dated:  April 7, 2016 |  | By:                    
|                      |  |                        



-10-