2023 Q3 Form 10-Q Financial Statement

#000143707123000027 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $75.13M $71.43M
YoY Change 51.09% 60.31%
Cost Of Revenue $70.60M $65.39M
YoY Change 164.43% 407.85%
Gross Profit $6.341M $9.238M
YoY Change -77.26% -74.68%
Gross Profit Margin 8.44% 12.93%
Selling, General & Admin $1.691M $1.963M
YoY Change -16.2% -22.07%
% of Gross Profit 26.67% 21.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $4.781M $5.131M
YoY Change -18.33% -28.12%
Operating Profit $1.560M $4.107M
YoY Change -92.92% -86.0%
Interest Expense $65.70M $59.02M
YoY Change 264.84% 1608.31%
% of Operating Profit 4211.6% 1437.11%
Other Income/Expense, Net -$43.00K -$169.0K
YoY Change
Pretax Income -$68.60M $4.078M
YoY Change -32.37% -103.72%
Income Tax
% Of Pretax Income
Net Earnings -$68.60M $4.078M
YoY Change -32.37% -103.72%
Net Earnings / Revenue -91.3% 5.71%
Basic Earnings Per Share -$1.62 -$0.03
Diluted Earnings Per Share -$1.62 -$0.03
COMMON SHARES
Basic Shares Outstanding 44.58M shares 41.65M shares
Diluted Shares Outstanding 45.75M shares 42.39M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.618B $5.716B
YoY Change 24.27% 38.84%
Cash & Equivalents $173.9M $209.0M
Short-Term Investments $5.444B $5.507B
Other Short-Term Assets $1.557M $752.0K
YoY Change -16.06% -12.96%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $201.1M $233.6M
YoY Change 6.06% 1.89%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $505.0K $503.0K
YoY Change -85.47% -86.11%
Other Assets $185.8M $124.7M
YoY Change 84.39% -3.06%
Total Long-Term Assets $5.630B $5.633B
YoY Change 25.22% 38.22%
TOTAL ASSETS
Total Short-Term Assets $201.1M $233.6M
Total Long-Term Assets $5.630B $5.633B
Total Assets $5.831B $5.866B
YoY Change 24.45% 36.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.540M $5.331M
YoY Change 12.69% -10.82%
Accrued Expenses $26.75M $40.16M
YoY Change 610.33% 2122.41%
Deferred Revenue
YoY Change
Short-Term Debt $4.987B $4.959B
YoY Change 28.29% 52.01%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.039B $5.023B
YoY Change 28.57% 51.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.637M $2.635M
YoY Change 106.68% -92.93%
Total Long-Term Liabilities $7.637M $2.635M
YoY Change 106.68% -92.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.039B $5.023B
Total Long-Term Liabilities $7.637M $2.635M
Total Liabilities $5.046B $5.025B
YoY Change 28.59% 50.24%
SHAREHOLDERS EQUITY
Retained Earnings -$3.521B -$3.428B
YoY Change 3.17% 4.02%
Common Stock $4.011B $3.969B
YoY Change 3.96% 3.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $785.0M $840.9M
YoY Change
Total Liabilities & Shareholders Equity $5.831B $5.866B
YoY Change 24.45% 36.28%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$68.60M $4.078M
YoY Change -32.37% -103.72%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $52.42M $86.58M
YoY Change 13.93% 113.03%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$69.78M -$133.1M
YoY Change -89.03% -105.52%
Cash From Investing Activities -$69.78M -$133.1M
YoY Change -89.03% -105.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 43.43M 151.3M
YoY Change -91.71% -105.78%
NET CHANGE
Cash From Operating Activities 52.42M 86.58M
Cash From Investing Activities -69.78M -133.1M
Cash From Financing Activities 43.43M 151.3M
Net Change In Cash 26.06M 104.8M
YoY Change -139.24% -162.87%
FREE CASH FLOW
Cash From Operating Activities $52.42M $86.58M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2023Q2 us-gaap Marketable Securities
MarketableSecurities
5507460000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
42454000 usd
CY2022Q4 us-gaap Trading Securities
TradingSecurities
4749439000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
4791893000 usd
CY2023Q2 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
6448649000 usd
CY2022Q4 ivr Marketable Securities Principal Amount
MarketableSecuritiesPrincipalAmount
5687505000 usd
CY2023Q2 ivr Marketable Securities Unamortized Premium
MarketableSecuritiesUnamortizedPremium
2674000 usd
CY2022Q4 ivr Marketable Securities Unamortized Premium
MarketableSecuritiesUnamortizedPremium
5195000 usd
CY2023Q2 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
976395000 usd
CY2022Q4 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
957420000 usd
CY2022Q4 ivr Marketable Securities Unamortized Discount
MarketableSecuritiesUnamortizedDiscount
957420000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
169000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023Q2 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
46978000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
66850000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Gain Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
66850000 usd
CY2023Q2 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
14277000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
10237000 usd
CY2022Q4 ivr Marketable Securities Accumulated Gross Unrealized Loss Before Tax
MarketableSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
10237000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
4791893000 usd
CY2023Q2 ivr Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
26717000 usd
CY2022Q4 ivr Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
26593000 usd
CY2023Q2 ivr Marketable Securities Debt Maturities Year Two Through Five Fair Value
MarketableSecuritiesDebtMaturitiesYearTwoThroughFiveFairValue
10014000 usd
CY2022Q4 ivr Marketable Securities Debt Maturities Year Two Through Five Fair Value
MarketableSecuritiesDebtMaturitiesYearTwoThroughFiveFairValue
10194000 usd
CY2023Q2 ivr Marketable Securities Debt Maturities Greater Than Or Equal To Five Years Fair Value
MarketableSecuritiesDebtMaturitiesGreaterThanOrEqualToFiveYearsFairValue
5470729000 usd
CY2022Q4 ivr Marketable Securities Debt Maturities Greater Than Or Equal To Five Years Fair Value
MarketableSecuritiesDebtMaturitiesGreaterThanOrEqualToFiveYearsFairValue
4755106000 usd
CY2023Q2 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
5507460000 usd
CY2022Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
4791893000 usd
CY2023Q2 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
1928673000 usd
CY2023Q2 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
12082000 usd
CY2023Q2 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Lessthan One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsLessthanOneYear
28 security
CY2023Q2 ivr Marketable Securities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
10373000 usd
CY2023Q2 ivr Marketable Securities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
2195000 usd
CY2023Q2 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
13 security
CY2023Q2 ivr Marketable Securities Continuous Unrealized Loss Position Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionFairValue
1939046000 usd
CY2023Q2 ivr Marketable Securities Continuous Unrealized Loss Position Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
14277000 usd
CY2023Q2 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
41 security
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan Twelve Months Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionLessthanTwelveMonthsFairValue
981650000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Lessthan12 Months Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionLessthan12MonthsAccumulatedLoss
9180000 usd
CY2022Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Lessthan One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsLessthanOneYear
17 security
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Twelve Monthsor Longer Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionTwelveMonthsorLongerFairValue
4345000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position12 Monthsor Longer Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAccumulatedLoss
1057000 usd
CY2022Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions Greaterthanor Equalto One Year
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositionsGreaterthanorEqualtoOneYear
10 security
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Fair Value
MarketableSecuritiesContinuousUnrealizedLossPositionFairValue
985995000 usd
CY2022Q4 ivr Marketable Securities Continuous Unrealized Loss Position Accumulated Loss
MarketableSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
10237000 usd
CY2022Q4 ivr Marketable Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
MarketableSecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
27 security
CY2023Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
169000 usd
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
169000 usd
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
0 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
0 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
169000 usd
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
169000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
169000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
169000 usd
CY2023Q2 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
0 usd
CY2022Q2 ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
5348000 usd
ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
5363000 usd
ivr Marketable Securities Realized Gain Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainExcludingOtherThanTemporaryImpairments
5348000 usd
CY2023Q2 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
10484000 usd
CY2022Q2 ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
540404000 usd
ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
29612000 usd
ivr Marketable Securities Realized Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedLossExcludingOtherThanTemporaryImpairments
859374000 usd
CY2023Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-89195000 usd
CY2022Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
224464000 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-23474000 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
58997000 usd
CY2023Q2 ivr Unrealized Gain Loss On Loan Participation Interest
UnrealizedGainLossOnLoanParticipationInterest
0 usd
CY2022Q2 ivr Unrealized Gain Loss On Loan Participation Interest
UnrealizedGainLossOnLoanParticipationInterest
87000 usd
ivr Unrealized Gain Loss On Loan Participation Interest
UnrealizedGainLossOnLoanParticipationInterest
0 usd
ivr Unrealized Gain Loss On Loan Participation Interest
UnrealizedGainLossOnLoanParticipationInterest
-37000 usd
CY2023Q2 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
0 usd
CY2022Q2 ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
19827000 usd
ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
0 usd
ivr Realized Gain Loss On Loan Participation Interest
RealizedGainLossOnLoanParticipationInterest
0 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-34198000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
0 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-34198000 usd
CY2023Q2 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-99679000 usd
CY2022Q2 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-324876000 usd
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-47723000 usd
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-829264000 usd
CY2023Q2 ivr Marketable Securities Coupon Interest
MarketableSecuritiesCouponInterest
70119000 usd
CY2023Q2 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1309000 usd
CY2023Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
71428000 usd
CY2022Q2 ivr Marketable Securities Coupon Interest
MarketableSecuritiesCouponInterest
43220000 usd
CY2022Q2 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
774000 usd
CY2022Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
43994000 usd
ivr Marketable Securities Coupon Interest
MarketableSecuritiesCouponInterest
139235000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1480000 usd
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
140715000 usd
ivr Marketable Securities Coupon Interest
MarketableSecuritiesCouponInterest
91449000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-5818000 usd
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
85631000 usd
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
0 usd
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
642000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2022Q4 ivr Derivative Asset Excluding Portion Related To Centrally Cleared Interest Rate Swaps
DerivativeAssetExcludingPortionRelatedToCentrallyClearedInterestRateSwaps
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
642000 usd
CY2023Q2 us-gaap Equity Method Investments
EquityMethodInvestments
503000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
552000 usd
CY2023Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
752000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1179000 usd
CY2023Q2 us-gaap Other Assets
OtherAssets
1255000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
1731000 usd
CY2022Q4 ivr Number Of Joint Ventures
NumberOfJointVentures
2 jointventure
ivr Collateral Ratio
CollateralRatio
1.05
CY2022 ivr Collateral Ratio
CollateralRatio
1.05
CY2022Q4 ivr Derivative Notional Amount Net
DerivativeNotionalAmountNet
8150000000 usd
ivr Notional Amount Of Derivatives Additions
NotionalAmountOfDerivativesAdditions
500000000 usd
ivr Settlement Termination Expirationor Exercise Of Interest Rate Swap Agreement
SettlementTerminationExpirationorExerciseOfInterestRateSwapAgreement
775000000 usd
CY2023Q2 ivr Derivative Notional Amount Net
DerivativeNotionalAmountNet
7875000000 usd
CY2023Q2 us-gaap Derivative Assets
DerivativeAssets
0 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
662000 usd
CY2023Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
2635000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2079000 usd
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
4959388000 usd
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 usd
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
4959388000 usd
CY2023Q2 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
4959388000 usd
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 usd
CY2023Q2 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 usd
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4959388000 usd
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
0 usd
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4959388000 usd
CY2023Q2 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Offset Policy Election Deduction
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction
4959388000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
642000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2022Q4 ivr Derivative Asset Excluding Portion Related To Centrally Cleared Interest Rate Swaps
DerivativeAssetExcludingPortionRelatedToCentrallyClearedInterestRateSwaps
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
642000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2079000 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2022Q4 ivr Derivative Liability Excluding Portion Relatedto Centrally Cleared Interest Rate Swaps
DerivativeLiabilityExcludingPortionRelatedtoCentrallyClearedInterestRateSwaps
2079000 usd
CY2022Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
642000 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
1297000 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
140000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
4234823000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
0 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
4234823000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction
SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction
4234823000 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 usd
CY2022Q4 us-gaap Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 usd
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
4236902000 usd
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
0 usd
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
4236902000 usd
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Offset Policy Election Deduction
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction
4235465000 usd
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
1297000 usd
CY2022Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
140000 usd
CY2023Q2 ivr Securities Sold Under Agreements To Repurchase Fair Valueof Collateral Excluding Cash Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueofCollateralExcludingCashCollateral
5200000000 usd
CY2022Q4 ivr Securities Sold Under Agreements To Repurchase Fair Valueof Collateral Excluding Cash Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueofCollateralExcludingCashCollateral
4400000000 usd
CY2023Q2 ivr Cash Collateral Pledged On Derivatives
CashCollateralPledgedOnDerivatives
124700000 usd
CY2022Q4 ivr Cash Collateral Pledged On Derivatives
CashCollateralPledgedOnDerivatives
104800000 usd
CY2023Q2 ivr Cash Collateral Pledged On Interest Rate Swaps
CashCollateralPledgedOnInterestRateSwaps
124700000 usd
CY2022Q4 ivr Cash Collateral Pledged On Interest Rate Swaps
CashCollateralPledgedOnInterestRateSwaps
103200000 usd
CY2022Q4 ivr Number Of Unconsolidated Ventures Managed By Affiliate
NumberOfUnconsolidatedVenturesManagedByAffiliate
2 venture
CY2023Q1 ivr Number Of Unconsolidated Ventures Dissolved
NumberOfUnconsolidatedVenturesDissolved
1 venture
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-131000 usd
CY2023Q2 ivr Other Comprehensive Income Loss Reclassification Of Unrealized Loss On Available For Sale Securities To Increase Decrease In Provision For Credit Losses Net Of Tax
OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax
-169000 usd
CY2023Q2 ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax
-3201000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3163000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3163000 usd
CY2022Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1825000 usd
CY2022Q2 ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax
-4802000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-93000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6720000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6720000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-607000 usd
ivr Other Comprehensive Income Loss Reclassification Of Unrealized Loss On Available For Sale Securities To Increase Decrease In Provision For Credit Losses Net Of Tax
OtherComprehensiveIncomeLossReclassificationOfUnrealizedLossOnAvailableForSaleSecuritiesToIncreaseDecreaseInProvisionForCreditLossesNetOfTax
-169000 usd
ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax
-7695000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10000 usd
ivr Other Comprehensive Income Loss Reclassification Currency Translation Gain Loss From Aoci On Deferred Swap Gain Loss From Unconsolidated Venture Other Investment Income Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationCurrencyTranslationGainLossFromAOCIOnDeferredSwapGainLossFromUnconsolidatedVentureOtherInvestmentIncomeLossNetOfTax
123000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8020000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-8020000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-4246000 usd
ivr Other Comprehensive Income Loss Reclassification Adjustmentfrom Aoc Ion Deferred Swap Gain Loss From Dedesignation Netof Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentfromAOCIonDeferredSwapGainLossFromDedesignationNetofTax
-9998000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-293000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14537000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-14537000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
17833000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2023Q1 us-gaap Dividends Common Stock
DividendsCommonStock
16658000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
29721000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
29693000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1398000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-116144000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14203000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-352960000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42391000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32990000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41007000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32988000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42391000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32990000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41008000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32988000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-10.70
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-10.70
CY2023Q2 us-gaap Other Commitment
OtherCommitment
2900000 usd
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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