Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 9

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 Fair value and remeasurement adjustments, non-cash (includes $3,011 and $196,743 from related parties for 2025 and 2024, respectively)(6,789)189,507 Non-cash interest and other (includes $(268) and $(5,916) from related parties for 2025 and 2024, respectively)6,584 (3,325)Depreciation of rental merchandise6,698 8,221 Net foreign currency (gains) losses(481)347 Income from equity investments(25,051)(6)Dividends from equity investments122 74 Deferred income taxes9,100 1,445 Impairment of goodwill and tradenames1,500 27,681 Gain on disposal of discontinued operations(66,795)— (Gain) loss on sale or disposal of fixed assets and other(1,147)87 Gain on sale and deconsolidation of businesses(86,213)(314)(Loss) gain on extinguishment of debt20,693 (120)Gain on senior note exchange(54,986)— Income allocated and fair value adjustment for mandatorily redeemable noncontrolling interests— 785 Change in operating assets and liabilities:  Amounts due to/from clearing brokers(14,668)10,423 Securities and other investments owned39,126 478,436 Securities borrowed(29,298)2,127,999 Accounts receivable3,542 (759)Prepaid expenses and other assets (includes $3,373 and $(12,777) from related parties for 2025 and 2024, respectively)6,728 3,789 Accounts payable, accrued expenses and other liabilities(13,665)(16,940)Amounts due to/from related parties and partners(2,290)(2,161)Securities sold not yet purchased6,672 (3,836)Deferred revenue(4,609)(5,982)Securities loaned26,402 (2,125,754)Net cash (used in) provided by operating activities(25,375)246,839 Cash flows from investing activities(1):  Purchases of loans receivable (includes $(50,853) and $(14,359) from related parties for 2025 and 2024, respectively)(66,650)(63,203)

8

Repayments of loans receivable