{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014398","form_type":"8-K","ticker":"BMNM","cik":"0001275477","company_name":"BIMINI CAPITAL MANAGEMENT, INC.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.679448+00:00","generated_at":"2026-06-03T00:01:25.907461+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bimini Capital reports Q1 net income $0.2M; book value per share $0.83","bullets":["Net income $0.2M ($0.02 diluted EPS) vs $1.0M ($0.10) in Q1 2023, down 79%.","Advisory services revenue $2.9M, down from $3.4M YoY; management fees included.","Book value per share $0.83, up from $0.81 at Dec 2023; equity $8.3M with 10.0M shares.","Combined MBS portfolio return on invested capital 8.0% for Q1 2024.","Prepayment rate (CPR) rose to 16.5% from 8.0% in Q4 2023 due to higher refis."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014398","json":"https://secwatch.observer/filing/0001437749-24-014398.json","markdown":"https://secwatch.observer/filing/0001437749-24-014398.md","text":"https://secwatch.observer/filing/0001437749-24-014398.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1275477/000143774924014398/0001437749-24-014398-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1275477/000143774924014398/bcmi20240320_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:01:25.907461+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":"4685e98e1c3b072458ba338c9e3e80404182d794","claim":"BIMINI CAPITAL MANAGEMENT, INC. reported the three-month period ended March 31, 2024 results: net income $0.2 million, EPS $0.02 per common share.","evidence_excerpt":"Net income of $0.2 million, or $0.02 per common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1275477/000143774924014398/0001437749-24-014398-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month period ended March 31, 2024"},{"label":"Net income","value":"$0.2 million"},{"label":"EPS","value":"$0.02 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"}