secwatch.observer — SEC 8-K summary
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Issuer:     BIMINI CAPITAL MANAGEMENT, INC. (BMNM)
CIK:        0001275477
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0001437749-25-006539
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bimini Capital Q4 2024 net loss $1.5M, book value $0.68 per share
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- Net loss of $1.5M ($0.15/share) in Q4 2024; full-year net loss $1.3M ($0.13/share).
- Book value per share fell to $0.68 at Dec 31, 2024 from $0.81 a year earlier.
- Advisory service revenue $3.4M in Q4; MBS portfolio grew to $122.3M.
- Tax provision of $2.1M due to increased valuation allowance drove Q4 net loss.
- Company plans conference call on March 7, 2025 at 10:00 AM ET.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275477/000143774925006539/0001437749-25-006539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275477/000143774925006539/bcmi20240725_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-006539

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