Company: RILYN
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001464790-25-000011
Chunk: 145

Company: B. Riley Financial, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 8
Chunk 145
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 accompanying notes are an integral part of these consolidated financial statements.

146

Table of Contents

B. RILEY FINANCIAL, INC. AND SUBSIDIARIES

Consolidated Statements of Cash Flows

(Dollars in thousands) 

Year Ended December 31,202420232022Cash flows from operating activities:Net loss$(774,939)$(105,631)$(156,594)Adjustments to reconcile net loss to net cash provided by operating activities:   Depreciation and amortization45,405 49,604 39,969 Provision for credit losses5,993 7,147 4,214 Share-based compensation19,054 45,109 61,140 Fair value and remeasurement adjustments, non-cash (includes $328,671, $36,788, and $1,603 from related parties in 2024, 2023 and 2022, respectively)327,630 (10,699)34,871 Non-cash interest and other (includes $(32,256), $(2,926), and $(935) from related parties in 2024, 2023 and 2022, respectively)(23,259)(9,652)(3,204)Depreciation of rental merchandise15,092 4,070 — Effect of foreign currency on operations(247)(310)754 Loss (income) from equity method investments(31)181 (3,570)Dividends from equity investments159 434 4,038 Deferred income taxes25,888 (40,945)(80,431)Impairment of goodwill and other intangible assets105,373 70,333 — Gain on disposal of discontinued operations(217,504)— — (Gain) loss on sale of business, disposal of fixed assets, and other(163)(9,034)4,922 Gain on bargain purchase— (15,903)— Loss (gain) on extinguishment of debt19,158 5,294 (1,102)Gain on equity investment— — (6,790)De-consolidation of BRPM 150— — (8,294)Income allocated to and fair value adjustment for mandatorily redeemable noncontrolling interests1,170 1,835 1,119 Change in operating assets and liabilities:   Amounts due to/from clearing brokers20,