Company: BCG
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001410578-25-000143
Chunk: 74

Company: Binah Capital Group, Inc.
Filing Date: 2025-02-14
Form: S-1
Chunk 74
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 | $ |  5,362 |
| Net cash used in investing activities     | ​              |   |    -80 | ​ |   |   -327 |
| Net cash used in financial activities     | ​              |   | -2,701 | ​ |   | -4,510 |
| Net change in cash flows                  | ​              | $ |   -228 | ​ | $ |    526 |

Cash Flows from Operating Activities. Net provided by operating activities was $2.5 million for the year ended December 31, 2023 compared to $5.3 million for the year ended December 31 2022, representing a decrease of $2.8 million or 52%. The decrease was primarily attributable to the decrease in commissions receivable offset by decreases in commissions payable. Cash Flows from Investing Activities. Net cash used in investing activities was $0.08 million for the year ended December 31, 2023 compared to $0.33 million for the year ended December 31, 2022. The decrease was primarily related to the decrease in the purchases of property and equipment. Cash Flows from Financing Activities. Net cash used in financing activities was $2.7 million for the year ended December 31, 2023 compared to cash used in financing activities of $4.5 million for the year ended December 31, 2022. The decrease is primarily related to the decrease in the distribution of capital during the year ended December 31, 2023. Contractual Obligations and Commitments The following table summarizes our contractual obligations and other commitments as of September 30, 2024:

| ​                                 
 ​                                 
 ​                                 
 Contractual obligations           | ​ 
 ​ | ​                      
 Payments Due by period 
 Total                  
 (in thousands)         |      ​ | ​ | ​                
 Less than 1 Year |     ​ | ​ | ​         
 1-3 Years |      ​ | ​ | ​         
 3-5 Years |      ​ | ​ | ​                 
 More than 5 Years |   ​ |
|:----------------------------------|:--|:-----------------------|-------:|:--|:-----------------|------:|:--|:----------|-------:|:--|:----------|-------:|:--|:------------------|----:|
| Long-term debt obligations (1)    |   | $                      | 19,710 |   | $                |   598 |