{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-013198","form_type":"8-K","ticker":"ORC","cik":"0001518621","company_name":"Orchid Island Capital, Inc.","filed_at":"2026-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.406304+00:00","generated_at":"2026-05-15T04:31:14.765488+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Orchid Island Capital reports Q1 net loss of $20.0M; book value down $0.46 per share","bullets":["Net loss of $20.0M ($0.11 diluted EPS); net interest income of $57.1M ($0.30/share).","Net realized/unrealized losses of $69.6M on RMBS and derivatives, driven by Middle East war onset.","Book value per share fell to $7.08 from $7.54; dividend declared $0.36/share for Q1.","Issued 14.6M shares in Q1 under ATM for $109.5M gross; additional 4M shares post-quarter for $28.2M.","Liquidity of $759M; adjusted leverage ratio 7.8x; management cites war impact but sees attractive returns ahead."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-013198","json":"https://secwatch.observer/filing/0001437749-26-013198.json","markdown":"https://secwatch.observer/filing/0001437749-26-013198.md","text":"https://secwatch.observer/filing/0001437749-26-013198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518621/000143774926013198/0001437749-26-013198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518621/000143774926013198/orc20260401_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:31:14.765488+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":"714ad9b001361866a3afe513687bbfa95251d352","claim":"Orchid Island Capital, Inc. reported three month period ended March 31, 2026 results: revenue $57.1 million, net income $(20.0) million, EPS $(0.11) per common share.","evidence_excerpt":"the three month period ended March 31, 2026 . First Quarter 2026 Results ● Net loss of $(20.0) million , or $0.11 per common share, which consists of: ● Net interest income of $57.1 million , or $0.30 per common share ● Total expenses of $7.4 million , or $0.04 per common share ● Net realized and unrealized losses of $69.6 million , or $0.37 per common share, on","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1518621/000143774926013198/0001437749-26-013198-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three month period ended March 31, 2026"},{"label":"Revenue","value":"$57.1 million"},{"label":"Net income","value":"$(20.0) million"},{"label":"EPS","value":"$(0.11) 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"}