Company: RILYN
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0001628280-25-001398
Chunk: 116

Company: B. Riley Financial, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 1
Chunk 116
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4202320242023Other income (Expense) - Realized & Unrealized Gains (Losses)Public Equity Securities:Babcock & Wilcox Enterprises, Inc. - common stock$3,799 $(560)$(1,075)$3,864 Babcock & Wilcox Enterprises, Inc. - preferred stock(429)(336)(153)2,769 Alta Equipment Group, Inc. - common stock— 7,370 (3,537)20,616 Double Down Interactive Co., Ltd - common stock7,691 6,044 21,839 4,258 Synchronoss Technologies, Inc. - common stock974 — 3,495 — The Arena Group, Inc. - common stock— 1,866 — (20,729)Other public equities(2,832)4,599 (2,532)7,064 Subtotal9,203 18,983 18,037 17,842 Private Equity Securities:Freedom VCM Holdings, LLC(139,355)— (172,009)— Consumer Brand Investments(449)(506)4,930 (9,866)Other private equities(24,661)(690)(39,202)(6,010)Subtotal(164,465)(1,196)(206,281)(15,876)Other Securities:Corporate bonds920 739 1,387 348 Partnership interest and other(1,348)317 1,622 (11,913)Total$(155,690)$18,843 $(185,235)$(9,599)

During the three and six months ended June 30, 2024, realized and unrealized losses of $(155.7) million and $(185.2) million were recorded to other income as realized and unrealized losses on investments. These realized and unrealized losses are made up of realized and unrealized gains (losses) recorded to public equity securities, private equity securities, corporate bonds, and partnership interest and other investments. The majority of realized and unrealized (losses) gains on investments during the three and six months ended June 30, 2024 are related to public equity securities (equity securities that trade on major exchanges), and private equity securities.

During the three and six months ended June 30, 2024, $9.2 million and $18.0 million of realized and unrealized