Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 300

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 300
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3) 

     80

     27

     42

     11

     -

     $
     126,011

     $
     12,193

     $
     16,811

     $
     13,241

     $
     83,766

     (1)
      The 2020 Note matures on January 31, 2026.  The 2024 Note matures on August 31, 2026.   

      (2) 
      The interest on the junior subordinated notes related to Alesco Capital Trust I is variable. The interest rate of 8.54% (based on the Term SOFR rate in effect as of June 30, 2025 plus 4.00%) was used to compute the contractual interest payment in each period noted. The interest on the junior subordinated notes related to Sunset Financial Statutory Trust I is variable. The interest rate of 8.71% (based on the Term SOFR rate in effect as of June 30, 2025 plus 4.15%) was used to compute the contractual interest payment in each period noted. 

      (3) 
      Represents material operating contracts for various services.   

 ﻿ 

       88

We believe that we will be able to continue to fund our current operations and meet our contractual obligations through a combination of existing cash resources and other sources of credit. Due to the uncertainties that exist in the economy, we cannot be certain that we will be able to replace existing financing or find sources of additional financing in the future.

Recent Accounting Pronouncements 

The following is a list of recent accounting pronouncements that we believe will have a continuing impact on our financial statements going forward.

In May 2025, the FASB issued ASU 2025-03, Business Combinations (Topic 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity. The ASU revises current guidance for determining the accounting acquirer for a transaction effected primarily by exchanging equity interests in which the legal acquiree is a variable interest entity that meets the definition of a business. The amendments require an entity to consider the same factors that are currently required for determining which entity is the accounting acquirer in other acquisition transactions. The ASU is effective for annual reporting periods beginning after December 15, 2026 and interim reporting within