Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 256

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 256
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$(7.53)There were no anti-dilutive shares as of year ended December 31, 2024 and 2023. For the year ended December 31, 2022, potentially dilutive shares of 2.6 million were excluded from the computation of fully diluted EPS because their effectwould have been anti-dilutive.

12. Accumulated Other Comprehensive Income

The following table presents the changes in the components of Accumulated Other Comprehensive Income, or the AOCI, for the years ended December 31, 2024 and 2023:December 31, 2024 (dollars in thousands) Unrealized gains (losses) on available-for-sale securities, netTotal Accumulated OCI BalanceBalance as of December 31, 2023$185,668 $185,668 OCI before reclassifications(26,219)(26,219)Amounts reclassified from AOCI— — Net current period OCI(26,219)(26,219)Balance as of December 31, 2024$159,449 $159,449  December 31, 2023 (dollars in thousands) Unrealized gains (losses) on available-for-sale securities, netTotal Accumulated OCI BalanceBalance as of December 31, 2022$229,345 $229,345 OCI before reclassifications(44,990)(44,990)Amounts reclassified from AOCI1,313 1,313 Net current period OCI(43,677)(43,677)Balance as of December 31, 2023$185,668 $185,668  

There were no amounts reclassified from AOCI during the year ended December 31, 2024. The amounts reclassified from AOCI balance comprised of $1 million net unrealized losses on available-for-sale securities sold during the year ended December 31, 2023. 

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13. Equity Compensation, Employment Agreements and other Benefit Plans

On June 14, 2023, the Board of Directors recommended and shareholders approved, the Chimera Investment Corporation 2023 Equity Incentive Plan (the “Plan”). It authorized the issuance of up to 7 million shares of our common stock for the grant of awards under the Plan (adjusted on a retroactive basis to reflect the Company's 1-for-3-reverse stock split effected on May 21, 2024).