{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-007005","form_type":"8-K","ticker":"BMNM","cik":"0001275477","company_name":"BIMINI CAPITAL MANAGEMENT, INC.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.652370+00:00","generated_at":"2026-06-05T01:13:06.299302+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bimini Capital Q4 net loss $4.9M, EPS -$0.48; book value falls to $0.81","bullets":["Net loss of $4.9M ($0.48/sh) in Q4 2023; full-year loss narrowed to $4.0M from $19.8M in 2022.","Book value per share fell to $0.81 from $1.21 a year earlier, driven by tax valuation allowance.","Advisory revenue down 6% YoY to $3.1M; interest income up 96% to $1.55M, but net interest income flat at $376K.","MBS portfolio grew to $92.7M from $84.9M in Q3; portfolio return on invested capital was 9.4% for Q4.","Recorded a $4.5M income tax provision from increasing deferred tax asset valuation allowance."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-007005","json":"https://secwatch.observer/filing/0001437749-24-007005.json","markdown":"https://secwatch.observer/filing/0001437749-24-007005.md","text":"https://secwatch.observer/filing/0001437749-24-007005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1275477/000143774924007005/0001437749-24-007005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1275477/000143774924007005/bcmi20231115_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:13:06.299302+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":"31b4f3ff06717eeb9637ffa82b3ee2a4c18cb5f3","claim":"BIMINI CAPITAL MANAGEMENT, INC. reported three-month period ended December 31, 2023 results: net income Net loss of $4.9 million, EPS $0.48 per common share.","evidence_excerpt":"Bimini Capital Management, Inc., (the “Company”) issued the press release attached hereto as Exhibit 99.1 announcing the Company’s consolidated results of operations for the period ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1275477/000143774924007005/0001437749-24-007005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-month period ended December 31, 2023"},{"label":"Net income","value":"Net loss of $4.9 million"},{"label":"EPS","value":"$0.48 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"}