Company: BCG
Filing Date: 2025-04-03
Form Type: S-1/A
Source: 0001410578-25-000637
Chunk: 162

Company: Binah Capital Group, Inc.
Filing Date: 2025-04-03
Form: S-1/A
Chunk 162
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 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 |

Depreciationand amortization expense related to property and equipment amounted to approximately$ 0.4million and$ 0.5million 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):

| ​                    
 ​                    
 ​                    
 ​                    | ​ 
 ​ 
 ​ | ​           
 ​           
 Estimated   
 Useful Life | ​ 
 ​ 
 ​ | ​        
 Gross    
 Carrying 
 Amount   |     ​ | ​ 
 ​ 
 ​ | ​            
 ​            
 Accumulated  
 Amortization |     ​ 
     ​ | ​ 
 ​ 
 ​ | ​            
 ​            
 Net Carrying 
 Amount       |     ​ 
     ​ |
|:---------------------|:--|:------------|:--|:---------|------:|:--|:-------------|------:|:--|:-------------|------:|
| Developed technology |   | 7 years     | ​ | $        | 1,600 | ​ | $            | 1,600 | ​ | $            |     — |
| Trade name           |   | 10 years    | ​ |          |