Company: AOMN
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001766478-25-000019
Chunk: 173

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 8
Chunk 173
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 compensation— 1,689 — — 1,689 Unrealized gain on RMBS and CMBS— — 16,152 — 16,152 Net income— — — 33,714 33,714 Stockholders’ equity as of December 31, 2023$249 $477,068 $(4,975)$(216,236)$256,106 Issuance of common stock, net of expenses21,881 — — $1,883 Repurchase of shares of common stock(17)(19,933)— — $(19,950)Dividends paid on common stock (2)— — — (31,037)$(31,037)Dividends accrued on performance shares— — — (326)$(326)Non-cash equity compensation— 2,041 — — $2,041 Unrealized gain on RMBS and CMBS— — 1,500 — $1,500 Net income— — — 28,750 28,750 Stockholders’ equity as of December 31, 2024$234 $461,057 $(3,475)$(218,849)$238,967 

(1)     Dividends paid on common stock for the year ended December 31, 2023 at $0.32 per share of common stock on March 31, 2023, May 31, 2023, August 31, 2023, and November 30, 2023.

(2)     Dividends paid on common stock for the year ended December 31, 2024 at $0.32 per share of common stock on February 29, 2024, May 31, 2024, August 30, 2024, and November 27, 2024.

The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement.91

Angel Oak Mortgage REIT, Inc. Consolidated Statements of Cash Flows(in thousands)

For the Year Ended December 31, 2024For the Year Ended December 31, 2023CASH FLOWS FROM OPERATING ACTIVITIESNet income$28,750 $33,714 Adjustments to reconcile net (loss) income to net cash used in operating activities:Net