Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 365

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 8
Chunk 365
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 2026. These changes include provisions allowing accelerated tax deductions for qualified property and research expenditures. The Company is in the process of evaluating the impact of the Act to our financial statements.

NOTE 16 — EARNINGS PER SHARE 

Basic earnings per share is calculated by dividing (loss) income from continuing operations, (loss) income from discontinued operations, or net income (loss) by the weighted-average number of shares outstanding during the period. Diluted earnings per share is calculated by dividing (loss) income from continuing operations, (loss) income from discontinued operations, or net income (loss) by the weighted-average number of common shares outstanding, after giving effect to all dilutive potential common shares outstanding during the period. Securities that could potentially dilute basic net income per share in the future that were not included in the computation of diluted net income per share as the effect would be anti-dilutive were 3,229,165 during the three and six months ended June 30, 2025 and 2,781,112 during the three and six months ended June 30, 2024, respectively.

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 Basic and diluted earnings per share were calculated as follows:Three Months Ended June 30,20252024Continuing OperationsDiscontinued OperationsTotalContinuing OperationsDiscontinued OperationsTotalNet income (loss)$71,687 $69,312 $140,999 $(449,151)$15,370 $(433,781)Net income (loss) attributable to noncontrolling interests1,528 — 1,528 (1,018)841 (177)Net income (loss) attributable to B. Riley Financial, Inc.70,159 69,312 139,471 (448,133)14,529 (433,604)Preferred stock dividends2,015 — 2,015 2,015 — 2,015 Net income (loss) available to common shareholders$68,144 $69,312 $137,456 $(450,148)$14,529 $(435,619)Six Months Ended June 30,20252024Continuing OperationsDiscontinued OperationsTotalContinuing OperationsDiscontinued OperationsTotalNet income (loss)$51,725 $72,707 $124,432 $(510,452)$28,717 $(481,735)Net (loss) income attributable to noncontrolling interests(5,064)— (5,064)(1,021)2