secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001273685-23-000042
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000127368523000042/0001273685-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000127368523000042/nymt-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001273685-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer