BIMINI CAPITAL MANAGEMENT, INC.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
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Consolidated Balance Sheets
BIMINI CAPITAL MANAGEMENT, INC.
CONSOLIDATED BALANCE SHEETS
December 31, 2025 and 2024
| 2025 | 2024 | |
|---|---|---|
| ASSETS: | ||
| Mortgage-backed securities, at fair value | ||
| Pledged to counterparties | $88,807,576 | $122,093,172 |
| Unpledged | 120,949 | 254,998 |
| Total mortgage-backed securities | 88,928,525 | 122,348,170 |
| Cash and cash equivalents | 12,696,660 | 5,671,347 |
| Restricted cash | 1,621,399 | 1,751,399 |
| Investment in Orchid Island Capital, Inc. common stock, at fair value | 4,097,311 | 4,427,372 |
| Accrued interest receivable | 415,092 | 601,640 |
| Property and equipment, net | 1,768,864 | 1,845,014 |
| Deferred tax assets, net of allowances | 17,239,648 | 15,930,953 |
| Due from affiliates | 1,660,666 | 1,167,396 |
| Other assets | 1,265,807 | 1,110,366 |
| Total Assets | $129,693,972 | $154,853,657 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| LIABILITIES: | ||
| Repurchase agreements | $85,326,000 | $117,180,999 |
| Long-term debt | 27,346,546 | 27,368,158 |
| Accrued interest payable | 300,208 | 474,678 |
| Other liabilities | 4,098,421 | 3,008,415 |
| Total Liabilities | 117,071,175 | 148,032,250 |
| Commitments and Contingencies (Note 11) | ||
| STOCKHOLDERS' EQUITY: | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; 100,000 shares designated Series A Junior Preferred Stock, 9,900,000 shares undesignated; no shares issued and outstanding | - | - |
| Class A Common stock, $0.001 par value; 98,000,000 shares designated: 10,005,457 shares issued and outstanding | 10,005 | 10,005 |
| Class B Common stock, $0.001 par value; 1,000,000 shares designated, 31,938 shares issued and outstanding | 32 | 32 |
| Class C Common stock, $0.001 par value; 1,000,000 shares designated, 31,938 shares issued and outstanding | 32 | 32 |
| Additional paid-in capital | 329,815,150 | 329,815,150 |
| Accumulated deficit | (317,202,422) | (323,003,812) |
| Stockholders' Equity | 12,622,797 | 6,821,407 |
| Total Liabilities and Equity | $129,693,972 | $154,853,657 |
See Notes to Consolidated Financial Statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.