Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 192

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 2
Chunk 192
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.3 million to $2.0 million during the three months ended June 30, 2025 from 

89

$23.3 million for the three months ended June 30, 2024. The decrease was due to a decrease in the securities loaned and loan participations sold balances from $733.6 million as of June 30, 2024 to $65.1 million as of June 30, 2025.

Other Income (Expense). Other income included interest income of $0.5 million and $0.8 million during the three months ended June 30, 2025 and 2024, respectively. Dividend income was $0.1 million during the three months ended June 30, 2025 compared to $0.5 million during the three months ended June 30, 2024. Realized and unrealized (losses) gains on investments was a gain of $10.2 million during the three months ended June 30, 2025 compared to a loss of $155.2 million during the three months ended June 30, 2024, which is comprised of the following:

Realized and Unrealized Gains (Losses)Three Months EndedJune 30,20252024Other Income (Expense) - Realized & Unrealized Gains (Losses)Public Equity Securities:Babcock & Wilcox Enterprises, Inc. - common stock$3,440 $3,799 Babcock & Wilcox Enterprises, Inc. - preferred stock289 (429)Double Down Interactive Co., Ltd - common stock(1,847)7,691 Synchronoss Technologies, Inc. - common stock— 974 Applied Digital Corporation - common stock5,383 — Other public equities(803)(4,760)Subtotal6,462 7,275 Private Equity Securities:Freedom VCM Holdings, LLC— (139,355)Kanaci Technologies, LLC— (9,818)BJES Holdings, LLC— (15,911)Other private equities415 2,622 Subtotal415 (162,462)Corporate bonds3,339 939 Partnership interest and other— (993)Total$10,216 $(155,241)

The favorable variance of $165.5 million was primarily due to unfavorable fair value adjustments recorded in the prior year quarter of $139.4 million for Freedom VCM