Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 244

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 244
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 the three months ended  June 30, 2025 and 2024, the Company recognized $82 and $0, respectively, of amortization expense on this arrangement. During the six months ended  June 30, 2025 and 2024, the Company recognized $286 and $0, respectively, of amortization expense on this lease. The amortization expense on this arrangement is recorded in business development, occupancy, and equipment expense in the consolidated statement of operations.
    
   From time to time, the Company purchases produce from Grand Cru Farm as a benefit to its employees.  Grand Cru Farm is owned by Daniel G. Cohen.  The Company purchased $4 and $0 from Grand Cru Farm during the three months ended  June 30, 2025 and 2024, respectively.  The Company purchased $15 and $0 from Grand Cru Farm during the six months ended  June 30, 2025 and 2024, respectively. 
    
   The Company has entered into employment agreements with Daniel G. Cohen and Joseph W. Pooler, Jr., the Company's chief financial officer.  The Company has entered into its standard indemnification agreement with each of its directors and executive officers. 
    
   The Company maintains a 401(k)-savings plan covering substantially all of its employees.  The Company matches 50% of employee contributions for all participants not to exceed 3% of their eligible compensation. Contributions made on behalf of the Company were $135 and $104 for the three months ended  June 30, 2025 and 2024, respectively. Contributions made on behalf of the Company were $275 and $245 during the six months ended  June 30, 2025 and 2024, respectively.

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   24. DUE FROM / DUE TO RELATED PARTIES 
    
   Amounts due to related parties associated with redeemable financial instruments and outstanding debt are included as components of those balances in the consolidated balance sheets.  In addition, interest or investment return owed on those balances are included as a component of accounts payable and other liabilities in the consolidated balance sheets.  Any investment made in an equity method affiliate for which the Company does not elect the fair value option is included as a component of investments in equity method affiliates in the consolidated balance sheets.  Any investment made in an equity method affiliate