Company: BCG
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001410578-25-000143
Chunk: 75

Company: Binah Capital Group, Inc.
Filing Date: 2025-02-14
Form: S-1
Chunk 75
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 | $         |  8,891 |   | $         | 10,058 |   | $                 | 164 |
| Interest payments                 |   |                        |  8,046 |   |                  |   624 |   |           |  5,695 |   |           |  1,724 |   |                   |   3 |
| Promissory notes - affiliates (2) |   |                        |  5,313 |   |                  |     — |   |           |  5,313 |   |           |      — |   |                   |   — |
| Operating lease obligations (3)   |   |                        |  4,501 |   |                  |   535 |   |           |  1,662 |   |           |  1,764 |   |                   | 540 |
| ​                                 | ​ | $                      | 37,570 | ​ | $                | 1,757 | ​ | $         | 21,561 | ​ | $         | 13,545 | ​ | $                 | 707 |

| (1) | Represents principal obligations related to the Oak Street credit facility that was entered into during the years ended December 31, 2020 and 2021. |

| (2) | Represents the obligations under the amounts due to certain sellers of the PKSH entities. |

| (3) | Represents future minimum lease payments as of September 30, 2024, under non-cancelable office leases. |

Critical Accounting Policies and Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Although these estimates are based on the Company’s knowledge of current events and actions the Company may undertake in the future, actual results could differ from those estimates and assumptions. Revenue Recognition Revenues from contracts with customers are recognized when control of the promised services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Management exercises judgment in determining whether the Company is the principal (i.e., reports revenues on a gross basis) or agent (i.e., reports revenue on a net basis). For additional information see Note 4 in the consolidated financial statements as of and for the three and nine-months periods ended September 30, 2024 and 2023 and Note 4 in the consolidated financial statements