Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 275

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 275
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     (711
     )

     982

      Syntec Optics Holdings, Inc. (NASDAQ: OPTX) 

     -

     (806
     )

     806

      Zaap Electric Vehicles Group Ltd. (OTC: ZAPPF) 

     -

     (510
     )

     510

      CREO JV 

     (360
     )

     389

     (749
     )

      U.S. Insurance JV 

     175

     (41
     )

     216

      SFAs 

     1,404

     2,319

     (915
     )

      Other 

     (129
     )

     238

     (367
     )

      Principal Investing principal transactions 

     (774
     )

     (9,347
     )

     8,573

      Total principal transactions 

     (166,529
     )

     (30,109
     )

     (136,420
     )

      IIFC revenue share 

     1,688

     2,515

     (827
     )

      Sale of Vellar GP 

     (836
     )

     -

     (836
     )

      All other income 

     179

     900

     (721
     )

      Other income 

     1,031

     3,415

     (2,384
     )

      Principal transactions and other income (loss) 
      
     $
     (165,498
     )
      
     $
     (26,694
     )
      
     $
     (138,804
     )

       67

Principal Transactions 

In the table above, our principal transactions are broken out into two groups:

1.  Capital Markets Principal Transactions: In some cases, CCM acquires financial instruments or receives financial instruments in lieu of cash for its advisory transactions. We carry these instruments at fair value with changes in fair value included as a component of principal transactions and other income in our consolidated income statement.  Gains and losses on these instruments are included in our Capital Markets segment as these instruments were acquired as part of CCM's activities.  See note 21 to our consolidated financial statements included in this Quarterly Report on Form 10-Q.

2.  Principal Investing Principal Transactions: In other cases, we will acquire a financial instrument for the purposes of earning an investment return.  We also carry these instruments at fair value with