Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 129

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 129
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 Earnings available for distribution for the years ended December 31, 2024, 2023 and 2022.

54

For the Years EndedDecember 31, 2024December 31, 2023December 31, 2022Weighted average diluted shares - GAAP82,157,622 77,539,289 77,979,582 Potentially dilutive shares (1)— — 872,472 Non-participating Warrants— — — Adjusted weighted average diluted shares - Earnings available for distribution82,157,622 77,539,289 78,852,054 

(1) Potentially dilutive shares related to restricted stock units and performance stock units excluded from the computation of weighted average GAAP diluted shares

             because their effect would have been anti-dilutive given the GAAP net loss available to common shareholders for the year ended December 31, 2024. 

 For the Quarters Ended December 31, 2024September 30, 2024June 30, 2024March 31, 2024December 31, 2023 (dollars in thousands, except per share data)GAAP Net income (loss) available to common stockholders$(168,275)$113,672 $33,913 $111,016 $12,104 Adjustments (1): Net unrealized (gains) losses on financial instruments at fair value181,197 (104,012)(11,231)(76,765)(6,815)Net realized (gains) losses on sales of investments1,468 — — 3,750 3,752 (Gains) losses on extinguishment of debt— — — — 2,473 Increase (decrease) in provision for credit losses4,448 358 3,684 1,347 2,330 Net unrealized (gains) losses on derivatives(276)14,457 (11,955)(5,189)15,871 Realized (gains) losses on derivatives(641)4,864 17,317 — — Transaction expenses4,707 2,317 — 67 425 Stock Compensation expense for retirement eligible awards(307)(424)(419)1,024 (391)Amortization of intangibles and depreciation expenses (2)321 —