---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-23-000042"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:17:10.283323+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NYMT reports Q4 2022 net loss of $48M, full-year loss $341M; announces reverse stock split

## Summary
- Q4 net loss attributable to common stockholders $48.1M ($0.13/sh); full year $340.6M ($0.90/sh).
- Undepreciated loss per share Q4 $(0.12), FY $(0.69); book value $3.32, adjusted book value $3.97.
- Net interest income Q4 $22.3M, FY $129.0M; net interest spread 1.11% Q4, 2.47% FY.
- Dividends per common share $0.10 Q4, $0.40 FY; reverse stock split announced.
- Economic return on book value (6.30)% Q4, (20.85)% FY.

## SEC filing metadata
- accession: 0001273685-23-000042
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000042/0001273685-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000042/nymt-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-23-000042
- JSON: https://secwatch.observer/filing/0001273685-23-000042.json
- Plain text: https://secwatch.observer/filing/0001273685-23-000042.txt

## Key facts
- Earnings Releases
  ADAMAS TRUST, INC. reported three and twelve months ended December 31, 2022 results: net income Net loss attributable to Company's common stockholders $ (48,076) $ (340,577), EPS Net loss attributable to Company's common stockholders per share (basic) $ (0.13) $ (0.90).
  - Period: three and twelve months ended December 31, 2022
  - Net income: Net loss attributable to Company's common stockholders $ (48,076) $ (340,577)
  - EPS: Net loss attributable to Company's common stockholders per share (basic) $ (0.13) $ (0.90)
  - Result: reported results
  source text: Net loss attributable to Company's common stockholders $ (48,076) $ (340,577) Net loss attributable to Company's common stockholders per share (basic) $ (0.13) $ (0.90)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368523000042/0001273685-23-000042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.