Orchid Island Capital Inc
For the period ended Sep 30, 2024. Filed Oct 25, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 25, 2024
ORC$4.90-2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Statements of Stockholders’ Equity (unaudited)
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY
For the Nine Months Ended September 30, 2024 and 2023
(in thousands)
| Accumulated | ||||||
|---|---|---|---|---|---|---|
| Other | ||||||
| Additional · Retained · Comprehensive | ||||||
| Common Stock · Paid-in · Earnings · Income | ||||||
| Shares | Par Value | Capital | (Deficit) | (Loss) | Total | |
| Balances, June 30, 2024 | 64,824 | $648 | $920,913 | $(365,636) | $7 | $555,932 |
| Net income | - | - | - | 17,320 | - | 17,320 |
| Unrealized gain on available-for-sale securities | - | - | - | - | 48 | 48 |
| Cash dividends declared ($0.36 per share) | - | - | (26,887) | - | - | (26,887) |
| Stock based awards and amortization | 8 | - | 232 | - | - | 232 |
| Issuance of common stock pursuant to public offerings, net | 13,314 | 134 | 109,757 | - | - | 109,891 |
| Shares repurchased and retired | (63) | (1) | (511) | - | - | (512) |
| Balances, September 30, 2024 | 78,083 | $781 | $1,003,504 | $(348,316) | $55 | $656,024 |
| Balances, June 30, 2023 | 43,897 | 439 | 817,074 | (327,428) | - | 490,085 |
| Net loss | - | - | - | (80,132) | - | (80,132) |
| Unrealized gain on available-for-sale securities | - | - | - | - | 16 | 16 |
| Cash dividends declared ($0.48 per share) | - | - | (23,823) | - | - | (23,823) |
| Stock based awards and amortization | 3 | - | 269 | - | - | 269 |
| Issuance of common stock pursuant to public offerings, net | 8,432 | 84 | 80,342 | - | - | 80,426 |
| Shares repurchased and retired | - | - | - | - | - | - |
| Balances, September 30, 2023 | 52,332 | $523 | $873,862 | $(407,560) | $16 | $466,841 |
| Balances, January 1, 2024 | 51,636 | $516 | $849,845 | $(380,433) | $17 | $469,945 |
| Net income | - | - | - | 32,117 | - | 32,117 |
| Unrealized loss on available-for-sale securities | - | - | - | - | 38 | 38 |
| Cash dividends declared ($1.08 per share) | - | - | (67,301) | - | - | (67,301) |
| Stock based awards and amortization | 49 | - | 817 | - | - | 817 |
| Issuance of common stock pursuant to public offerings, net | 26,794 | 269 | 223,429 | - | - | 223,698 |
| Shares repurchased and retired | (396) | (4) | (3,286) | - | - | (3,290) |
| Balances, September 30, 2024 | 78,083 | $781 | $1,003,504 | $(348,316) | $55 | $656,024 |
| Balances, January 1, 2023 | 36,765 | 368 | 779,602 | (341,207) | - | 438,763 |
| Net loss | - | - | - | (66,353) | - | (66,353) |
| Unrealized gain on available-for-sale securities | - | - | - | - | 16 | 16 |
| Cash dividends declared ($1.44 per share) | - | - | (62,301) | - | - | (62,301) |
| Stock based awards and amortization | 60 | 1 | 1,240 | - | - | 1,241 |
| Issuance of common stock pursuant to public offerings, net | 15,880 | 157 | 159,281 | - | - | 159,438 |
| Shares repurchased and retired | (373) | (3) | (3,960) | - | - | (3,963) |
| Balances, September 30, 2023 | 52,332 | $523 | $873,862 | $(407,560) | $16 | $466,841 |
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