Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 83

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 83
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5 and 2024, respectively. 

   The Company paid income taxes of  $210 and $60 for the nine months ended  September 30, 2025 and 2024, respectively. The Company received income tax refunds of $0 and $240 for the nine months ended  September 30, 2025 and 2024, respectively.
   For the nine months ended  September 30, 2025, the Company had the following significant non-cash transactions that are not reflected on the statement of cash flows:
    
     ●   The Company net received units of membership interest in the Operating LLC.  The Company recognized a net increase in additional paid-in capital of $512, a net decrease in AOCI of $13, and a decrease in non-controlling interest of $499. See note 16. 
 ●The Company recorded a decrease in equity method affiliates of $1,885 and an increase in other investments, at fair value of $1,885 resulting from an in-kind distribution from equity method affiliates.
 ●The Company recorded a decrease of $505 in other investments, at fair value and a decrease of $505 in other investment sold, not yet purchased due to payment of shares to a former SPAC sponsor entity.  
 ●The Company recorded a decrease of $392 in other investments, at fair value resulting from an in-kind distribution to the non-convertible controlling interest.
 ●The Company recorded a decrease in cash flow from operations for non-cash advisory revenue of $212,688.  Of this amount, $211,896 resulted in an increase in other investments, at fair value and $792 resulted in an increase in equity method investments. 
 ●The Company recorded a decrease in other receivables of $19, a decrease in due from broker of $1,120, a decrease in other investments, at fair value of $1,299, a decrease of other investments sold, not yet purchased, at fair value of $344, and a decrease in non-controlling interest of $1,691 resulting from the sale of the Company's interest in Vellar GP.

   For the nine months ended  September 30, 2024, the Company had the following significant non-cash transactions that are not reflected on the statement of cash flows:
    
     ●   The Company net received units of membership interest in the Operating LLC.