2023 Q3 Form 10-Q Financial Statement
#000114036123038161 Filed on August 07, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $20.53M | $21.53M |
YoY Change | -55.49% | -297.05% |
Cost Of Revenue | $2.869M | $17.33M |
YoY Change | 5.28% | 562.56% |
Gross Profit | $17.66M | $4.208M |
YoY Change | -59.31% | -131.07% |
Gross Profit Margin | 86.02% | 19.54% |
Selling, General & Admin | $1.630M | $1.995M |
YoY Change | 10.51% | 33.09% |
% of Gross Profit | 9.23% | 47.41% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $3.366M | $1.995M |
YoY Change | 8.58% | -35.91% |
Operating Profit | $14.29M | $2.213M |
YoY Change | -64.53% | -113.29% |
Interest Expense | $13.34M | $13.17M |
YoY Change | 173.19% | 426.3% |
% of Operating Profit | 93.32% | 595.03% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $17.16M | $2.213M |
YoY Change | -60.11% | -115.76% |
Income Tax | $1.276M | $587.0K |
% Of Pretax Income | 7.44% | 26.53% |
Net Earnings | $15.89M | -$876.0K |
YoY Change | -61.89% | -94.34% |
Net Earnings / Revenue | 77.39% | -4.07% |
Basic Earnings Per Share | $0.49 | -$0.03 |
Diluted Earnings Per Share | $0.49 | -$0.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 26.98M | 25.80M |
Diluted Shares Outstanding | 26.98M | 26.03M |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $44.70M | $53.02M |
YoY Change | 4.59% | -13.84% |
Cash & Equivalents | $44.73M | $53.02M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $5.500M | $0.00 |
Other Receivables | $17.60M | $21.26M |
Total Short-Term Assets | $67.80M | $74.28M |
YoY Change | -45.08% | -50.58% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $266.5M | $264.9M |
YoY Change | -4.5% | 0.5% |
Other Assets | $25.70M | $7.889M |
YoY Change | 11.71% | -50.84% |
Total Long-Term Assets | $1.360B | $1.367B |
YoY Change | 9.45% | 30.32% |
TOTAL ASSETS | ||
Total Short-Term Assets | $67.80M | $74.28M |
Total Long-Term Assets | $1.360B | $1.367B |
Total Assets | $1.428B | $1.442B |
YoY Change | 4.52% | 20.18% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.900M | $1.863M |
YoY Change | -93.42% | -96.82% |
Accrued Expenses | $18.40M | $8.546M |
YoY Change | 158.06% | 106.33% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $967.3M | $979.9M |
YoY Change | 11.77% | 43.43% |
Long-Term Debt Due | $64.50M | $66.50M |
YoY Change | ||
Total Short-Term Liabilities | $1.058B | $1.063B |
YoY Change | 16.4% | 41.11% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $107.5M | $108.5M |
YoY Change | -39.38% | -39.17% |
Other Long-Term Liabilities | $4.200M | $7.472M |
YoY Change | -85.21% | -41.16% |
Total Long-Term Liabilities | $111.7M | $115.9M |
YoY Change | -45.71% | -39.3% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.058B | $1.063B |
Total Long-Term Liabilities | $111.7M | $115.9M |
Total Liabilities | $1.170B | $1.179B |
YoY Change | 4.93% | 24.84% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$193.2M | -$202.2M |
YoY Change | 50.77% | 25.77% |
Common Stock | $274.0K | $274.0K |
YoY Change | 28.04% | 36.32% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $254.1M | $259.4M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.428B | $1.442B |
YoY Change | 4.52% | 20.18% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $15.89M | -$876.0K |
YoY Change | -61.89% | -94.34% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | $17.30M | $1.197M |
YoY Change | 13.64% | -92.39% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.000M | -$5.864M |
YoY Change | -99.57% | -115.77% |
Cash From Investing Activities | -$1.000M | -$5.864M |
YoY Change | -99.57% | -115.77% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -6.600M | -3.791M |
YoY Change | -103.22% | -93.07% |
NET CHANGE | ||
Cash From Operating Activities | 17.30M | 1.197M |
Cash From Investing Activities | -1.000M | -5.864M |
Cash From Financing Activities | -6.600M | -3.791M |
Net Change In Cash | 9.700M | -8.458M |
YoY Change | -181.9% | 378.94% |
FREE CASH FLOW | ||
Cash From Operating Activities | $17.30M | $1.197M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Sale Of Residential Mortgage Backed Security Settled
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Gain On Sales Of Real Estate Mortgage Backed Securities
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|
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Gain On Sales Of Real Estate Mortgage Backed Securities
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chmi |
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50000 | ||
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|
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CY2022Q2 | chmi |
Loss On Sales Of Real Estate Mortgage Backed Securities
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|
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chmi |
Loss On Sales Of Real Estate Mortgage Backed Securities
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|
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chmi |
Loss On Sales Of Real Estate Mortgage Backed Securities
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|
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us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
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us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
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Common Stock Shares Authorized
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|
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Common Stock Par Or Stated Value Per Share
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Current Fiscal Year End Date
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Document Fiscal Year Focus
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2023 | ||
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|
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|
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Profit Loss
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|
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|
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|
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Interest Expense
InterestExpense
|
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Interest Revenue Expense Net
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|
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Servicing Fee Income
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Cost Of Goods And Services Sold
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Sale Of Stock Transaction Date
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|
2013-10-09 | ||
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|
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|
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Sale Of Stock Price Per Share
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|
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|
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us-gaap |
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Preferred Stock Dividends And Other Adjustments
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Preferred Stock Dividends And Other Adjustments
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Preferred Stock Dividends And Other Adjustments
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Preferred Stock Dividends And Other Adjustments
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25363547 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
18653206 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.93 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.88 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.92 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.88 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.43 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
chmi |
Percentage Of Gross Equity Paid To Manager As Annual Management Fee
PercentageOfGrossEquityPaidToManagerAsAnnualManagementFee
|
0.015 | ||
chmi |
Management Agreement Renewal Period
ManagementAgreementRenewalPeriod
|
P1Y | ||
CY2023Q2 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
28147000 | |
chmi |
Management Agreement Subject To Termination Notice Period For Termination To Manager
ManagementAgreementSubjectToTerminationNoticePeriodForTerminationToManager
|
P30D | ||
chmi |
Management Agreement Subject To Termination Period Of Notice By Manager In The Event Of Default
ManagementAgreementSubjectToTerminationPeriodOfNoticeByManagerInTheEventOfDefault
|
P60D | ||
chmi |
Management Agreement Subject To Termination Period Of Termination Fee Payment In The Event Of Default
ManagementAgreementSubjectToTerminationPeriodOfTerminationFeePaymentInTheEventOfDefault
|
P30D | ||
CY2023Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1554000 | |
CY2022Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1499000 | |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
3094000 | ||
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
3177000 | ||
CY2023Q2 | chmi |
Compensation Reimbursement
CompensationReimbursement
|
140000 | |
CY2022Q2 | chmi |
Compensation Reimbursement
CompensationReimbursement
|
115000 | |
chmi |
Compensation Reimbursement
CompensationReimbursement
|
280000 | ||
chmi |
Compensation Reimbursement
CompensationReimbursement
|
230000 | ||
CY2023Q2 | chmi |
Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
|
1694000 | |
CY2022Q2 | chmi |
Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
|
1614000 | |
chmi |
Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
|
3374000 | ||
chmi |
Management Fee And Expense Reimbursement To Affiliate
ManagementFeeAndExpenseReimbursementToAffiliate
|
3407000 | ||
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
27271000 | |
CY2023Q2 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
767000 | |
CY2023Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
26504000 | |
CY2023Q2 | chmi |
Derivative Collateral Obligation To Receive Return Cash
DerivativeCollateralObligationToReceiveReturnCash
|
-1643000 | |
CY2023Q2 | us-gaap |
Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
|
0 | |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
988416000 | |
CY2023Q2 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
767000 | |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
987379000 | |
CY2023Q2 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
980105000 | |
CY2023Q2 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
7274000 | |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
0 | |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
50104000 | |
CY2022Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
4571000 | |
CY2022Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
45533000 | |
CY2022Q4 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
41669000 | |
CY2022Q4 | chmi |
Derivative Collateral Obligation To Receive Return Cash
DerivativeCollateralObligationToReceiveReturnCash
|
3864000 | |
CY2022Q4 | us-gaap |
Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
|
0 | |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
855251000 | |
CY2022Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
4571000 | |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
850680000 | |
CY2022Q4 | us-gaap |
Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
|
857507000 | |
CY2022Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
-6827000 | |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
0 | |
chmi |
Percentage Of Gross Equity Paid To Manager As Annual Management Fee
PercentageOfGrossEquityPaidToManagerAsAnnualManagementFee
|
0.015 | ||
CY2023Q2 | us-gaap |
Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
|
979900000 | |
CY2022Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
|
826000000 | |
chmi |
Repurchase Agreements Maturity Period
RepurchaseAgreementsMaturityPeriod
|
P19D | ||
CY2022 | chmi |
Repurchase Agreements Maturity Period
RepurchaseAgreementsMaturityPeriod
|
P18D | |
us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">The repurchase agreements had the following remaining maturities and weighted average rates as of the dates indicated (dollars in thousands):</div> <div><br/> </div> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Repurchase Agreements Characteristics</div> <div><br/> </div> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">As of June 30, 2023</div> <div><br/> </div> <table cellpadding="0" cellspacing="0" class="cfttable" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; width: 100%;"> <tr> <td style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom"> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"> </div> </td> <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px; white-space: nowrap;" valign="bottom"> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Repurchase</div> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Agreements</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px; white-space: nowrap;" valign="bottom"> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Weighted Average</div> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Rate</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> </tr> <tr> <td style="vertical-align: middle; width: 76%; background-color: #CCEEFF;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt;">Less than one month</div> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">$</div> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">870,830</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">5.25</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">%</div> </td> </tr> <tr> <td style="vertical-align: middle; width: 76%; padding-bottom: 2px;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt;">One to three months</div> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">109,077</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">5.33</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">%</div> </td> </tr> <tr> <td style="vertical-align: middle; width: 76%; background-color: #CCEEFF;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total/Weighted Average</div> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</div> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">979,907</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5.26</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</div> </td> </tr> </table> <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;"> </div> <div style="text-align: center;"> <span style="background-color: rgb(255, 255, 255); font-weight: bold; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none;">As of December 31, 2022</span></div> <div><br/> </div> <table cellpadding="0" cellspacing="0" class="cfttable" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000; width: 100%;"> <tr> <td style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt;"> </div> </td> <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px; white-space: nowrap;" valign="bottom"> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Repurchase<span style="font-size: 10pt; font-family: 'Times New Roman';"><br/> </span>Agreements</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="2" style="vertical-align: bottom; border-bottom: #000000 solid 2px; white-space: nowrap;" valign="bottom"> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Weighted Average</div> <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Rate</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> </tr> <tr> <td style="vertical-align: middle; width: 76%; background-color: #CCEEFF;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt;">Less than one month</div> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">$</div> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">715,899</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">4.39</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">%</div> </td> </tr> <tr> <td style="vertical-align: middle; width: 76%; padding-bottom: 2px;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt;">One to three months</div> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">110,063</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; padding-bottom: 2px;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; border-bottom: #000000 solid 2px;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; border-bottom: #000000 solid 2px;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">4.53</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; padding-bottom: 2px; white-space: nowrap;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt;">%</div> </td> </tr> <tr> <td style="vertical-align: middle; width: 76%; background-color: #CCEEFF;" valign="bottom"> <div style="text-align: left; text-indent: -9pt; margin-left: 9pt; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Total/Weighted Average</div> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">$</div> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">825,962</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF;" valign="bottom"> </td> <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: #CCEEFF;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">4.41</div> </td> <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: #CCEEFF; white-space: nowrap;" valign="bottom"> <div style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">%</div> </td> </tr> </table> | ||
CY2023Q2 | chmi |
Repurchase Agreement Obligation Less Than One Month Maturities
RepurchaseAgreementObligationLessThanOneMonthMaturities
|
870830000 | |
CY2023Q2 | chmi |
Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
|
0.0525 | |
CY2023Q2 | chmi |
Repurchase Agreement Obligation One To Three Months Maturities
RepurchaseAgreementObligationOneToThreeMonthsMaturities
|
109077000 | |
CY2023Q2 | chmi |
Repurchase Agreement One To Three Months Weighted Average Rate
RepurchaseAgreementOneToThreeMonthsWeightedAverageRate
|
0.0533 | |
CY2023Q2 | us-gaap |
Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
|
979907000 | |
CY2023Q2 | chmi |
Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
|
0.0526 | |
CY2022Q4 | chmi |
Repurchase Agreement Obligation Less Than One Month Maturities
RepurchaseAgreementObligationLessThanOneMonthMaturities
|
715899000 | |
CY2022Q4 | chmi |
Repurchase Agreement Less Than One Month Weighted Average Rate
RepurchaseAgreementLessThanOneMonthWeightedAverageRate
|
0.0439 | |
CY2022Q4 | chmi |
Repurchase Agreement Obligation One To Three Months Maturities
RepurchaseAgreementObligationOneToThreeMonthsMaturities
|
110063000 | |
CY2022Q4 | chmi |
Repurchase Agreement One To Three Months Weighted Average Rate
RepurchaseAgreementOneToThreeMonthsWeightedAverageRate
|
0.0453 | |
CY2022Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
|
825962000 | |
CY2022Q4 | chmi |
Repurchase Agreement Weighted Average Rate
RepurchaseAgreementWeightedAverageRate
|
0.0441 | |
chmi |
Number Of Overnight And Demand Securities
NumberOfOvernightAndDemandSecurities
|
0 | ||
CY2022 | chmi |
Number Of Overnight And Demand Securities
NumberOfOvernightAndDemandSecurities
|
0 | |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
1195000 | |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
74016000 | |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
8140000 | |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
92149000 | |
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
175500000 | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
69127000 | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
7868000 | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
8538000 | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
98967000 | |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
184500000 | |
chmi |
Percentage Of Taxable Income That Must Be Distributed To Qualify As Areit
PercentageOfTaxableIncomeThatMustBeDistributedToQualifyAsAREIT
|
0.90 | ||
CY2023Q2 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
509000 | |
CY2022Q2 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
1209000 | |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-28000 | ||
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
4504000 | ||
CY2023Q2 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
78000 | |
CY2022Q2 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
214000 | |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-4000 | ||
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
794000 | ||
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
587000 | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1423000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-32000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5298000 | ||
CY2023Q2 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
468000 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-2949000 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-3721000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
3898000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
CY2023Q2 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
61000 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.028 | |
CY2022Q2 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
168000 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.012 | |
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-3000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0 | ||
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
627000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.034 | ||
CY2023Q2 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
-58000 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.026 | |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
-4204000 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.299 | |
us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
-3692000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.208 | ||
us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
-773000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.042 | ||
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
587000 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.264 | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1423000 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.101 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-32000 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.002 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5298000 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.286 | ||
CY2023Q2 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
128000 | |
CY2022Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
128000 | |
CY2023Q2 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
128000 | |
CY2022Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
128000 | |
CY2023Q2 | chmi |
Deferred Tax Asset Mortgage Servicing Rights
DeferredTaxAssetMortgageServicingRights
|
-441000 | |
CY2022Q4 | chmi |
Deferred Tax Asset Mortgage Servicing Rights
DeferredTaxAssetMortgageServicingRights
|
1082000 | |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
15602000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
13844000 | |
CY2023Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
416000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
619000 | |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
15577000 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
15545000 | |
CY2023Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
66500000 |