Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 48

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 1
Chunk 48
---
1,158 
 Asset management fees receivable   2,596   2,183 
 Accrued interest and dividend receivable   1,190   1,595 
 Revenue share receivable   455   - 
 Agency repo income receivable   484   522 
 Miscellaneous other receivables   1,699   1,068 
 Other receivables  $9,432  $6,526 

   ﻿ 
   New issue and advisory fees receivable represents amounts owed to Cohen Securities from various counterparties for services rendered.  New issue and advisory revenue is recognized when the Company’s performance obligations have been satisfied, and collectability is reasonably assured.  However, in certain cases, collectability becomes doubtful at a later date.  At each reporting period, the Company assesses the collectability of its new issue and advisory receivables. Each receivable is unique and does not share similar characteristics to be pooled so they are evaluated on an individual basis. The Company records an allowance when, in management’s judgement, one is necessary for credit losses. The provision for credit losses is included as a component of professional fees and other operating expenses in the statement of operations. It is the Company's policy to fully write off the receivable and related allowance when it has abandoned collection efforts.  For the three months and six months ended  June 30, 2025,  the Company recorded a provision for credit loss of $203 and $678, respectively. No provision was recorded for the three- and six-month period ending 2024. The Company fully charged off $203 and $203 new issue and advisory fee receivables during the three and six months ended  June 30, 2025, respectively.
    
   Asset management fees receivable is of a routine and short-term nature. These amounts are generally accrued monthly and paid on a monthly or quarterly basis.
    
   Accrued interest and dividends receivable represents interest and dividends accrued on the Company’s investment securities included as a component of investments-trading or other investments, at fair value. Interest payable on securities sold, not yet purchased is included as a component of accounts payable and other liabilities in the table titled accounts payable and other liabilities below.
    
   Revenue share receivable represents the amount due to the Company for the Company’s share of a revenue arrangement generated from an entity in which the Company receives a share of the entity’s