Company: BCG
Filing Date: 2025-04-03
Form Type: S-1/A
Source: 0001410578-25-000637
Chunk: 163

Company: Binah Capital Group, Inc.
Filing Date: 2025-04-03
Form: S-1/A
Chunk 163
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3,500 | ​ |              | 2,479 | ​ |              | 1,021 |
| Total                | ​ | ​           | ​ | $        | 5,100 | ​ | $            | 4,079 | ​ | $            | 1,021 |

F-17

9.INTANGIBLE ASSETS(continued)

The components of intangible assets were as follows as of December 31, 2023(in thousands):

| ​                               
 ​                               
 ​                               
 ​                               | ​ 
 ​ 
 ​ | ​           
 ​           
 Estimated   
 Useful Life | ​        
 ​        | ​ 
 ​ 
 ​ | ​        
 Gross    
 Carrying 
 Amount   |     ​ | ​ 
 ​ 
 ​ | ​            
 ​            
 Accumulated  
 Amortization |     ​ 
     ​ | ​ 
 ​ 
 ​ | ​            
 ​            
 Net Carrying 
 Amount       |     ​ 
     ​ |
|:--------------------------------|:--|:------------|:---------|:--|:---------|------:|:--|:-------------|------:|:--|:-------------|------:|
| Policies and procedures library |   | ​           | 5 years  | ​ | $        | 2,200 | ​ | $            | 2,200 | ​ | $            |     — |
| Developed technology            |   | ​           | 7 years  | ​ |          | 1,600 | ​ |              | 1,391 | ​ |              |   209 |
| Trade name                      |   | ​           | 10 years | ​ |          | 3,500 | ​ |              | 2,129 | ​ |              | 1,371 |
| Total                           | ​ | ​           | ​        | ​ | $        | 7,300 | ​ | $            | 5,720 | ​ | $            | 1,580 |

Amortizationexpense related to intangible assets amounted to approximately$ 0.6million for the years ended December 31, 2024 and 2023, respectively.

As of December 31, 2024, the estimated future amortization expense for intangible assets is as follows(in thousands):

| ​    | ​ | ​ |     ​ |
|:-----|:--|:--|------:|
| 2025 |   | $ |   350 |
| 2026 | ​ |   |   350 |
|