Company: BCG
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001410578-25-000663
Chunk: 157

Company: Binah Capital Group, Inc.
Filing Date: 2025-04-08
Form: 424B3
Chunk 157
---
 prices in active markets for identical assets or liabilities that the Company can access. |

| ● | Level 2 - Fair value measurements use other inputs that are observable, either directly or indirectly. These inputs include quoted prices for similar assets and liabilities in active markets as well as other inputs such as interest rates and yield curves that are observable at commonly quoted intervals. |

| ● | Level 3 - Inputs that are unobservable inputs, including inputs that are available in situations where there is little, if any, market activity for the related asset or liability. The inputs or methodology used for valuing assets and liabilities are not necessarily an indication of the risk associated with investing in those assets and liabilities. |

Certain financial instruments are carried at cost on the consolidated statements of financial condition, which approximates fair value due to their short-term, highly liquid nature. The carrying value of debt approximates their fair value since the interest rates on these obligations represent current market rates. 8.PROPERTY AND EQUIPMENT, NET Property and equipment consisted of the following as of December 31 (in thousands):

| ​                                               | ​ 
 ​ | ​ |      ​ 
   2024 | ​ | ​ |      ​ 
   2023 |
|:------------------------------------------------|:--|:--|-------:|:--|:--|-------:|
| Computer hardware                               | ​ | $ |  2,652 | ​ | $ |  2,587 |
| Office furniture and equipment                  | ​ |   |    971 | ​ |   |    971 |
| Leasehold improvements                          | ​ |   |     41 | ​ |   |     41 |
| ​                                               | ​ |   |  3,664 | ​ |   |  3,599 |
| ​                                               | ​ | ​ |      ​ | ​ | ​ |      ​ |
| Less: accumulated depreciation and amortization | ​ |   | -3,065 | ​ |   | -2,625 |
| Property and equipment, net                     | ​ | $ |    599 | ​ | $ |    974 |

Depreciation and amortization expense related to property and equipment amounted to approximately $0.4 million and $0.5 million for the years ended December 31, 2024 and 2023. 9.INTANGIBLE ASSETS The components of intangible assets were as follows as of December 31, 2024 (in thousands):

| ​                    
 ​                    
 ​                    
 ​                    |