Company: BCG
Filing Date: 2025-04-03
Form Type: S-1/A
Source: 0001410578-25-000637
Chunk: 169

Company: Binah Capital Group, Inc.
Filing Date: 2025-04-03
Form: S-1/A
Chunk 169
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 maintenance. These variable lease payments are not included in lease payments used to determine lease liability and are recognized as variable costs when incurred.

The components of lease cost for the years ended December 31, 2024 and 2023 are as follows(in thousands):

| ​                    | ​ 
 ​ | ​ |     ​ 
  2024 | ​ | ​ |     ​ 
  2023 |
|:---------------------|:--|:--|------:|:--|:--|------:|
| Operating lease cost | ​ | $ | 1,112 | ​ | $ | 1,141 |
| Variable lease cost  | ​ |   |    38 | ​ |   |    48 |
| Total lease cost     | ​ | $ | 1,150 | ​ | $ | 1,189 |

Total lease cost is included rent and occupancy on the consolidated statements of operations.

F-20

13.LEASES(continued)

Amounts reported in the consolidated statements of financial condition as of December 31, 2024 and 2023 were as follows(in thousands):

| ​                           | ​ 
 ​ | ​ |     ​ 
  2024 | ​ | ​ |     ​ 
  2023 |
|:----------------------------|:--|:--|------:|:--|:--|------:|
| Operating lease ROU assets  | ​ | $ | 3,730 | ​ | $ | 4,332 |
| Operating lease liabilities | ​ | $ | 3,820 | ​ | $ | 4,381 |

Other supplemental information related to leases as of December 31, 2024 and 2023 was as follows:

Cash paid for amounts included in the measurement of lease liabilities for the years ended December 31, 2024 and 2023(in thousands):

| ​                | ​ 
 ​ | ​ |    ​ 
 2024 | ​ | ​ |    ​ 
 2023 |
|:-----------------|:--|:--|-----:|:--|:--|-----:|
| Operating leases | ​ | $ |  464 | ​ | $ |  466 |

ROU assets obtained in exchange for lease liabilities for the year ended December 31, 2024 and 2023(in thousands):

| ​                
 ​                | ​ | ​    
 2024 | ​ | ​ | ​    
 2023 |   ​ |
|:-----------------|