Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 293

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 293
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 items of $ 16,122 (which represents net income or loss adjusted for the following non-cash operating items: other income / (expense), non-cash revenue, realized and unrealized gains and losses and accretion of income on other investments, income/(loss) from equity method affiliates, equity based compensation, depreciation and amortization, deferred taxes, and amortization of discount on debt).

The cash provided by investing activities of $ 5,215 was comprised of (a) $22,437 of sales and returns of principal from other investments, at fair value, (b) $1,312 of distributions received from equity method affiliates, partially offset by (c) $14,856 in cash used to purchase other investments, at fair value, (d) $433 in reduction in cash from the disposal of our interest in Vellar GP, (e) $2,675 invested in equity method affiliates, and (f)  $570 in cash used to purchase furniture, equipment, and leasehold improvements.  

The cash used in financing activities of $ 6,442 was comprised of (a) $2,573 of cash used to repay a portion of the 2024 Note, (b) $343 in cash used to net settle equity awards, (c) $1,261 in cash used to pay dividends, (d) $3,316 in cash used to pay distributions to the convertible non-controlling interest, (e) $954 in cash used to redeem convertible non-controlling units, (f) $844 in non-convertible non-controlling interest distributions, partially offset by (g) $2,669 in cash received as non-convertible non-controlling interest investments.  

Six Months Ended June 30, 2024

As of June 30, 2024, our cash and cash equivalents were $9,575, representing a decrease of $1,075 from December 31, 2023. The decrease was attributable to cash provided by operating activities of $930, cash provided by investing activities of $6,451, cash used in financing activities of $8,340, and a decrease in cash caused by the change in exchange rates of $116.

The cash provided by operating activities of $930 was comprised of (a) net cash outflows of $7