Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 399

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 8
Chunk 399
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 completion of the secured financing of the Brand Interests as discussed in Note 4 - Discontinued Operations and Assets Held for Sale to the accompanying unaudited condensed consolidated financial statements.

Securities and Other Investments Owned Portfolio – We have a portfolio of securities and other investments owned that consists of public equity securities, private equity securities, corporate bonds, other fixed income securities, and partnership interests and other investments as follows at June 30, 2025 and December 31, 2024:

June 30,2025December 31,2024Public Equity Securities:Babcock & Wilcox Enterprises, Inc. - common stock$26,406 $45,012 Babcock & Wilcox Enterprises, Inc. - preferred stock1,355 1,528 Double Down Interactive Co., Ltd - common stock34,515 43,706 Synchronoss Technologies, Inc. - common stock1,970 7,200 Other public equities24,683 27,446 Total public equity securities88,929 124,892 Private Equity Securities:Other private equities97,943 107,616 Total private equity securities97,943 107,616 Total equity securities186,872 232,508 Corporate bonds33,252 29,027 Other fixed income securities159 4,923 Partnership interest and other22,069 15,867 Total securities and other investments owned$242,352 $282,325 

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Securities and other investments owned was $242.4 million and $282.3 million as of June 30, 2025 and December 31, 2024, respectively. Of this amount, the carrying value of equity securities totaled $186.9 million and $232.5 million as of June 30, 2025 and December 31, 2024, respectively. Of these amounts, public equity securities totaled $88.9 million and $124.9 million as of June 30, 2025 and December 31, 2024, and private equity securities totaled $97.9 million and $107.6 million as of June 30, 2025 and December 31, 2024, respectively.

The carrying value of Babcock & Wilcox Enterprises, Inc’s (“B&W”). - common stock held as of June 30, 2025 and December 31, 2024 was $26.4 million and $45.0 million,