Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 185

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 2
Chunk 185
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September 30,Industry or Type of LoanSeptember 30, 2024December 31, 20232024202320242023Related Party Loans:Vintage Capital Management, LLCRetail / consumer$2,250 $200,506 $(54,333)$— $(222,718)$— Freedom VCM Receivables, Inc.Consumer receivable portfolio9,310 42,183 534 419 (13,187)419 Conn's, Inc.Retail / consumer63,705 104,760 (18,600)— (27,084)— W.S. Badcock CorporationConsumer receivable portfolio3,141 20,624 852 (5,185)(5,993)(5,185)Other related party loansServices, Oil & Gas and Industrial19,886 10,695 2,779 107 3,470 (1,439)Total related party98,292 378,768 (68,768)(4,659)(265,512)(6,205)Excela Technologies, Inc.Technology36,609 50,296 (221)4,420 47 2,575 Core Scientific, Inc.Technology— 45,509 — (757)8,473 34,785 Other loansVarious16,803 57,846 (2,488)136 (2,268)20,468 Total$151,704 $532,419 $(71,477)$(860)$(259,260)$51,623 

The fair value adjustments on loans receivable for the three months ended September 30, 2024 and 2023 were $(71.5) million and $(0.9) million, respectively. The fair value adjustments on loans receivable for the nine months ended September 30, 2024 and 2023 was $(259.3) million and $51.6 million, respectively. During the three and nine months ended September 30, 2024, fair value adjustments for loans receivable from related parties totaled $(68.8) million and $(265.5) million as compared to $(4.7) million and $(6.2) million during the three and nine months ended September 30, 2023. During the three and nine months ended September 30, 2024, fair value adjustments for other loans receivable totaled $(2.7) million and $