Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 205

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1C
Chunk 205
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 Unvested at December 31, 2024   -  $- 

   ﻿   
   During the years ended  December 31, 2024, 2023, and 2022, the total fair value of all equity awards vested in each year based on the fair market value of the membership units on the vesting date was $0, $0, and $0, respectively.

        F-
       62

   23. INCOME TAXES 
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   Cohen & Company Inc. is treated as a C corporation for United States federal income tax purposes. The components of income tax expense (benefit) included in the consolidated statements of operations for each year presented herein are shown in the table below.
    
    INCOME TAX EXPENSE 
 (Dollars in Thousands) 

       For the Year Ended December 31,  
   2024    2023    2022  
 Current income tax expense (benefit)             
 Federal income tax expense (benefit)  $-  $-  $- 
 Foreign income tax expense (benefit)   118   120   198 
 State and local income tax expense (benefit)   230   71   17 
   348   191   215 
 Deferred income tax expense (benefit)             
 Federal income tax expense (benefit)   (1)  3,205   4,634 
 Foreign income tax expense (benefit)   -   -   - 
 State and local income tax expense (benefit)   (676)  2,149   (55)
   (677)  5,354   4,579 
             
 Total  $(329) $5,545  $4,794 

   The components of income (loss) before income taxes are shown below.
    
   ﻿ 
    INCOME (LOSS) BEFORE INCOME TAXES 
 (Dollars in Thousands) 

       For the Year Ended December 31,  
   2024    2023    2022  
 Domestic  $7,220  $15,705  $(54,749)
 Foreign   640   239   873 
 Total  $7,860  $15