{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-023429","form_type":"8-K","ticker":"ORC","cik":"0001518621","company_name":"Orchid Island Capital, Inc.","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.199762+00:00","generated_at":"2026-05-18T02:13:15.928720+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":"Orchid Island Capital Q2 net loss $33.6M, book value $7.21, total return -4.66%","bullets":["Net loss $33.6M ($0.29/sh) vs net loss $5.0M a year ago; net interest income $23.2M ($0.20/sh).","Book value fell $0.73 to $7.21/sh; total return (4.66)% including $0.36 dividend.","Realized/unrealized losses of $51.7M on RMBS and derivatives; liquidity $492.5M.","Adjusted leverage 7.3x; outstanding repo $6.7B at 4.48% weighted rate.","Management cites tariff volatility hurt Agency RMBS, but returns remain attractive."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-023429","json":"https://secwatch.observer/filing/0001437749-25-023429.json","markdown":"https://secwatch.observer/filing/0001437749-25-023429.md","text":"https://secwatch.observer/filing/0001437749-25-023429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518621/000143774925023429/0001437749-25-023429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518621/000143774925023429/orc20250426_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:13:15.928720+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"}