Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2026	Dec. 31, 2025
ASSETS:
Total mortgage-backed securities	$ 16,065,567	$ 88,928,525
Cash and cash equivalents	16,377,955	12,696,660
Restricted cash	216,499	1,621,399
Orchid Island Capital, Inc. common stock, at fair value	4,000,569	4,097,311
Accrued interest receivable	72,989	415,092
Property and equipment, net	1,751,865	1,768,864
Deferred tax assets, net	17,022,785	17,239,648
Other assets	1,155,305	1,265,807
Total Assets	58,451,578	129,693,972
LIABILITIES:
Repurchase agreements	15,184,000	85,326,000
Long-term debt	27,340,751	27,346,546
Accrued interest payable	87,878	300,208
Other liabilities	2,415,098	4,098,421
Total Liabilities	45,027,727	117,071,175
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 100,000 shares designated Series A Junior Preferred Stock, 9,900,000 shares undesignated; no shares issued and outstanding as of March 31, 2026 and December 31, 2025	0	0
Additional paid-in capital	329,815,150	329,815,150
Accumulated deficit	(316,401,368)	(317,202,422)
Total Stockholders’ Equity	13,423,851	12,622,797
Total Liabilities and Stockholders' Equity	58,451,578	129,693,972
Common Class A [Member]
STOCKHOLDERS' EQUITY:
Common stock	10,005	10,005
Common Class B [Member]
STOCKHOLDERS' EQUITY:
Common stock	32	32
Common Class C [Member]
STOCKHOLDERS' EQUITY:
Common stock	32	32
Related Party [Member]
ASSETS:
Due from affiliates	1,788,044	1,660,666
Asset Pledged as Collateral [Member]
ASSETS:
Total mortgage-backed securities	15,953,501	88,807,576
Accrued interest receivable	71,000	413,000
Total Assets	16,241,000	90,842,000
Asset Not Pledged as Collateral [Member]
ASSETS:
Total mortgage-backed securities	$ 112,066	$ 120,949