{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-023038","form_type":"8-K","ticker":"BMNM","cik":"0001275477","company_name":"BIMINI CAPITAL MANAGEMENT, INC.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.409164+00:00","generated_at":"2026-06-11T16:41:35.128579+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bimini Capital Q2 2023 net income $0.3M vs loss of $1.2M year ago","bullets":["Net income of $0.3M ($0.03 EPS) vs net loss $1.2M ($0.11 loss) in Q2 2022.","Book value per share $1.34 at June 30, 2023; stockholders' equity $13.4M.","Advisory services revenue $3.5M, up 5.5% YoY, driven by Orchid's equity growth.","MBS portfolio market value rose to $63.8M from $45.6M at March 31, 2023.","Net interest and dividend income fell to $0.3M from $0.7M due to higher repo costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-023038","json":"https://secwatch.observer/filing/0001437749-23-023038.json","markdown":"https://secwatch.observer/filing/0001437749-23-023038.md","text":"https://secwatch.observer/filing/0001437749-23-023038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1275477/000143774923023038/0001437749-23-023038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1275477/000143774923023038/bcmi20230609_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T16:41:35.128579+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e35bdfe0965cfb1fb7273439ea686df73487ad3c","claim":"BIMINI CAPITAL MANAGEMENT, INC. reported three-month period ended June 30, 2023 results: revenue $3.5 million, net income $0.3 million, EPS $0.03 per common share.","evidence_excerpt":"Orchid raised additional equity capital of approximately $47.6 million during the second quarter of 2023. Bimini 's advisory services revenue for the quarter was approximately $3.5 million, a 5.5% increase over the comparable quarter in 2022, reflecting Orchid's increased equity. Orchid is also obligated to reimburse us for direct expenses paid on its behalf and to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1275477/000143774923023038/0001437749-23-023038-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-month period ended June 30, 2023"},{"label":"Revenue","value":"$3.5 million"},{"label":"Net income","value":"$0.3 million"},{"label":"EPS","value":"$0.03 per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}