Company: CIMO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001409493-25-000028
Chunk: 204

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 204
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 2025December 31, 2024September 30, 2024 (dollars in thousands, except per share data)GAAP net income (loss) available to common stockholders$(21,997)$14,024 $145,940 $(168,275)$113,672 Adjustments (1): Net unrealized (gains) losses on financial instruments at fair value36,995 (6,971)(128,895)181,197 (104,012)Net realized (gains) losses on sales of investments(1,991)1,915 — 1,468 — (Gains) losses on extinguishment of debt— — (2,122)— — Increase (decrease) in provision for credit losses2,587 4,409 3,387 4,448 358 Net unrealized (gains) losses on derivatives7,907 2,554 6,469 (276)14,457 Realized (gains) losses on derivatives(2,015)17,954 (82)(641)4,864 Transaction expenses9,931 390 5,688 4,707 2,317 Stock Compensation expense for retirement eligible awards(506)(501)1,432 (307)(424)Amortization of intangibles and depreciation expenses (2)948 949 951 321 — Non-cash imputed compensation related to business acquisition341 341 341 10,296 — Other investment (gains) losses(1,945)(2,953)417 (2,490)(1,366)Earnings available for distribution$30,255 $32,111 $33,526 $30,448 $29,866 GAAP net income (loss) per diluted common share$(0.27)$0.17 $1.77 $(2.07)$1.39 Earnings available for distribution per adjusted diluted common share$0.37 $0.39 $0.41 $0.37 $0.36 

 (1) As a result of the Palisades Acquisition, we updated the determination of earnings available for distribution to exclude non-recurring acquisition-related transaction expenses, non-cash amortization of intangibles and depreciation expenses, and non-cash imputed compensation expenses. These expenses are excluded as they