Company: BCG
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001410578-25-000143
Chunk: 235

Company: Binah Capital Group, Inc.
Filing Date: 2025-02-14
Form: S-1
Chunk 235
---
 ​               | ​ | ​    
 2022 |     ​ |
|:----------------|:--|:-----|------:|
| ROU asset       | ​ | $    | 1,670 |
| Lease liability | ​ | $    | 2,189 |

Weighted-average remaining lease term as of December 31, 2023 and 2022:

| ​                | ​ |         ​ | ​ |         ​ |
| ​                |   |      2023 |   |      2022 |
| Operating leases |   | 6.7 years |   | 8.0 years |

Weighted-average discount rate as of December 31, 2023 and 2022:

| ​                | ​ |    ​ | ​ |    ​ | ​ |
| ​                |   | 2023 |   | 2022 |   |
| Operating leases |   |  5.5 | % |  5.6 | % |

F-62

| 12. | LEASES (continued) |

Amounts disclosed for ROU assets obtained in exchange for lease liabilities and reductions to ROU assets resulting from reductions to lease liabilities include amounts added to or reduced from the carrying amount of ROU assets resulting from new leases, lease modifications or reassessments. Maturities of lease liabilities as of December 31, 2023 were as follows (in thousands):

| ​                      | ​ | ​ |     ​ |
|:-----------------------|:--|:--|------:|
| 2024                   |   | $ |   768 |
| 2025                   | ​ |   |   777 |
| 2026                   | ​ |   |   767 |
| 2027                   | ​ |   |   731 |
| 2028                   | ​ |   |   731 |
| Thereafter             | ​ |   | 1,400 |
| ​                      | ​ |   | 5,174 |
| Less: Imputed interest | ​ |   |  -792 |
| Lease liability        | ​ | $ | 4,382 |

Sublease CLS entered into an agreement to sublease its former office space which expired September 2022. Rental income and reimbursement of lease costs for the year ended December 31, 2022 amounted to approximately $0.2 million and is included in other income in the accompanying consolidated statement of operations.

| 13. | TAX