---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-24-000051"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:14:35.003341+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NYMT reports Q1 2024 net loss $68.3M ($0.75 per share), book value $10.21

## Summary
- Net loss attributable to common stockholders was $68.3M vs. $0.20 dividend per share.
- Undepreciated loss of $62.0M ($0.68 per share); adjusted book value $11.51.
- Net interest income $17.9M, net interest spread 1.31%.
- Book value per common share fell to $10.21 from prior quarter; economic return -7.96%.
- Yield on average interest-earning assets was 6.38%, interest expense $66.0M.

## SEC filing metadata
- accession: 0001273685-24-000051
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368524000051/0001273685-24-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368524000051/nymt-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-24-000051
- JSON: https://secwatch.observer/filing/0001273685-24-000051.json
- Plain text: https://secwatch.observer/filing/0001273685-24-000051.txt

## Key facts
- Earnings Releases
  ADAMAS TRUST, INC. reported three months ended March 31, 2024 results: net income Net loss attributable to Company's common stockholders $ (68,340), EPS Net loss attributable to Company's common stockholders per share (basic) $ (0.75).
  - Period: three months ended March 31, 2024
  - Net income: Net loss attributable to Company's common stockholders $ (68,340)
  - EPS: Net loss attributable to Company's common stockholders per share (basic) $ (0.75)
  - Result: reported results
  source text: On May 1, 2024, New York Mortgage Trust, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368524000051/0001273685-24-000051-index.htm

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