{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-012974","form_type":"8-K","ticker":"ORC","cik":"0001518621","company_name":"Orchid Island Capital, Inc.","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.580175+00:00","generated_at":"2026-05-23T06:58:17.262624+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Orchid Island Q1 net income $17.1M; warns of ~8.8% book value decline post-quarter due to tariffs","bullets":["Net income $17.1M ($0.18/share) vs $19.8M in Q1 2024; dividends paid $0.36/share.","Book value per share $7.94 at Mar 31, down $0.15 from Dec 31; post-quarter BV fell ~8.8% by Apr 17.","Raised $121.7M net via ATM equity offering in Feb-Apr 2025; repurchased 1.1M shares post-quarter at avg $6.52.","Adjusted leverage 7.5x; liquidity $446.5M; portfolio reduced ~8% post-quarter due to tariff-driven market stress.","Prepayment rate 7.8% CPR; weighted average portfolio coupon 5.30%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-012974","json":"https://secwatch.observer/filing/0001437749-25-012974.json","markdown":"https://secwatch.observer/filing/0001437749-25-012974.md","text":"https://secwatch.observer/filing/0001437749-25-012974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518621/000143774925012974/0001437749-25-012974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518621/000143774925012974/orc20250108c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T06:58:17.262624+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}