Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 139

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 139
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823 in cash used to purchase furniture, equipment, and leasehold improvements.  

The cash used in financing activities of $ 7,716 was comprised of (a) $2,573 of cash used to repay a portion of the 2024 Note, (b) $344 in cash used to net settle equity awards, (c) $1,695 in cash used to pay dividends, (d) $3,850 in cash used to pay distributions to the convertible non-controlling interest, (e) $954 in cash used to redeem convertible non-controlling units, (f) $969 in non-convertible non-controlling interest distributions, partially offset by (g) $2,669 in cash received as non-convertible non-controlling interest investments.  

Nine Months Ended September 30, 2024

As of September 30, 2024, our cash and cash equivalents were $14,290, representing an increase of $3,640 from December 31, 2023. The increase was attributable to cash provided by operating activities of $5,042, cash provided by investing activities of $10,790, cash used in financing activities of $12,240, and an increase in cash caused by the change in exchange rates of $48.

 The cash provided by operating activities of $5,042 was comprised of (a) net cash outflows of $2,882 related to working capital fluctuations; (b) net cash inflows of $2,246 from trading activities comprised of our investments-trading, trading securities sold, not yet purchased, receivables under resale agreements, securities sold under agreements to repurchase, and receivables and payables from brokers, dealers, and clearing agencies, as well as the changes in unrealized gains and losses on the investments-trading and trading securities sold, not yet purchased; and (c) net cash inflows from other earnings items of $5,678 (which represents net income or loss adjusted for the following non-cash operating items: other income / (expense), non-cash revenue, realized and unrealized gains and losses and accretion of income on other investments, income/(loss) from equity method affiliates, equity based compensation, depreciation and amortization, deferred taxes, and amortization of discount on debt).

 The cash provided by investing activities of $10,790 was comprised of (a) $63,988 of sales and returns of principal from other investments