Impac Mortgage Holdings (IMH)

[dpsimswm]

Key Stats from the latest 10Q

(in thousands)

Earnings from continuing operations: $2,459 (6 months)
Earnings (loss) per common share - diluted: $0.24 per share

Total Stockholder's Equity at 6/30: $33,599
Liquidation Preference of Preferred Stock: $51,767
Stated Book value per Common Share: ($18,168) for 8,764 shares or -$2.07 per share

NOL Carry-forwards: $489.4 million with full valuation allowance

Possible DTA recognition in future periods: $489.5 at 35% or $171.3 Million

Unbooked and unstated book value per common share: $17.40

($171.3 million plus $33.599 million less $51.767 million)/8,764 shares