Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 123

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 123
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Europe, Middle East, and Africa12,743 13,140 24,970 26,952 Asia5,327 6,780 10,277 13,134 Latin America1,842 2,931 3,780 4,694 Total Revenues$225,302 $94,885 $411,365 $392,475 The following table presents long-lived assets, which consists of property and equipment, net, by geographical area:June 30, 2025December 31, 2024Long-lived Assets - Property and Equipment, net:North America$18,196 $18,327 Europe148 217 Asia Pacific58 81 Australia50 54 Total$18,452 $18,679 

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Segment assets are not reported to, or used by, the Company’s Chief Operating Decision Maker to allocate resources to, or assess performance of the segments and therefore, total segment assets have not been disclosed.

NOTE 23 — SUBSEQUENT EVENTS

Exchange of Senior NotesAs discussed in more detail in Note 12 - Senior Notes Payable with respect to prior private exchange transactions, on July 11, 2025, the Company completed private exchange transactions with institutional investors pursuant to which aggregate principal amounts of Exchanged Notes of approximately $2,061 of the 6.50% Senior Notes Payable due September 30, 2026, $19,682 of the 5.00% Senior Notes due December 2026, $4,706 of the 6.00% Senior Notes due January 2028, and $16,389 of the 5.25% Senior Notes due August 2028 owned by the investors were exchanged for approximately $24,611 aggregate principal amount of newly-issued New Notes, whereupon the Exchanged Notes were cancelled.Name ChangeOn November 11, 2025, the Company announced that our corporate name will be changed from B. Riley Financial, Inc. to BRC Group Holdings, Inc. (the “Name Change”), effective on January 1, 2026. Our trading symbol (“RILY”) and our CUSIP (05580M 108) will not change.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

This report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such