Company: BCG
Filing Date: 2025-04-03
Form Type: S-1/A
Source: 0001410578-25-000637
Chunk: 60

Company: Binah Capital Group, Inc.
Filing Date: 2025-04-03
Form: S-1/A
Chunk 60
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 |      ​ | ​ | ​                 
 More than 5 Years | ​ |
|:---------------------------------|:--|:-----------------------|-------:|:--|:-----------------|------:|:--|:------------|-------:|:--|:------------|-------:|:--|:------------------|:--|
| Long-term debt obligations(1)    |   | $                      | 20,300 | ​ | $                | 2,030 |   | $           |  8,120 |   | $           | 10,150 |   | $                 | — |
| Promissory notes – affiliates(2) | ​ |                        |  5,442 |   |                  |   129 | ​ |             |  5,313 | ​ |             |      — | ​ | ​                 | — |
| Operating lease obligations(3)   | ​ |                        |  4,405 |   |                  |   777 | ​ |             |  2,228 | ​ |             |  1,400 | ​ | ​                 | — |
| ​                                |   | $                      | 30,147 |   | $                | 2,936 |   | $           | 15,661 |   | $           | 11,550 |   | $                 | — |

| (1) | Represents principal obligations related to the Byline Credit Agreement that was entered into during the years ended December 31, 2024. |

| (2) | Represents the obligations under the amounts due to certain sellers of the PKSH entities. The amount includes accrued interest as of December 31, 2024 and the notes mature in March 2027. |

| (3) | Represents future minimum lease payments as of December 31, 2024, under non-cancelable office leases. |

Critical Accounting Policies and Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Although these estimates are based on the Company’s knowledge of current events and actions the Company may undertake in the future, actual results could differ from those estimates and assumptions. Revenue Recognition Revenues from contracts with customers are recognized when control of the promised services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Management exercises judgment in determining