Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 121

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 1
Chunk 121
---
 the investment in Freedom VCM Holdings, LLC was also impacted due to the filing of Freedom VCM’s voluntary petitions for relief under Chapter 11 of the Bankruptcy Code on November 3, 2024.

73

Realized and Unrealized Gains (Losses)Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2024202320242023Other income (Expense) - Realized & Unrealized Gains (Losses)Public Equity Securities:Babcock & Wilcox Enterprises, Inc. - common stock$7,005 $(33,537)$5,930 $(29,672)Babcock & Wilcox Enterprises, Inc. - preferred stock2,495 (148)2,342 2,621 Alta Equipment Group, Inc. - common stock— (17,873)(3,537)2,743 Double Down Interactive Co., Ltd - common stock13,113 (4,220)34,952 38 Synchronoss Technologies, Inc. - common stock6,445 (530)9,940 (530)Other public equities204 (3,244)(2,328)(16,910)Subtotal29,262 (59,552)47,299 (41,710)Private Equity Securities:Freedom VCM Holdings, LLC(49,033)— (221,042)— Other private equities(1,766)(15,581)(40,966)(21,592)Subtotal(50,799)(15,581)(262,008)(21,592)Corporate bonds(245)628 1,141 976 Partnership interest and other(415)(2,782)1,206 (14,694)Total$(22,197)$(77,287)$(212,362)$(77,020)

During the three and nine months ended September 30, 2024, realized and unrealized losses of $(22.2) million and $(212.4) million were recorded to other income as realized and unrealized losses on investments. These realized and unrealized losses are made up of realized and unrealized gains (losses) recorded to public equity securities, private equity securities, corporate bonds, and partnership interest and other investments. The majority of realized and unrealized (losses) gains on investments during the three and nine months ended September 30, 2024 are related to public equity securities (equity securities that