Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 3

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 loan participations sold1,968 23,313 2,687 58,696 Total operating expenses214,487 327,465 462,027 641,074 Operating income (loss)10,815 (232,580)(50,662)(248,599)Other income (expense):  Interest income492 797 1,978 1,460 Dividend income122 460 257 3,464 Realized and unrealized gains (losses) on investments10,216 (155,241)(4,284)(190,165)Change in fair value of financial instruments and other11,884 — 12,806 — Gain on sale and deconsolidation of businesses5,372 — 86,213 314 Gain on senior note exchange44,454 — 54,986 — Income from equity investments25,603 10 25,051 6 (Loss) gain on extinguishment of debt(10,266)120 (20,693)120 Interest expense(23,952)(33,534)(53,916)(69,199)Income (loss) from continuing operations before income taxes74,740 (419,968)51,736 (502,599)Provision for income taxes(3,053)(29,183)(11)(7,853)Income (loss) from continuing operations71,687 (449,151)51,725 (510,452)Income from discontinued operations, net of income taxes69,312 15,370 72,707 28,717 Net income (loss)140,999 (433,781)124,432 (481,735)

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Net income (loss) attributable to noncontrolling interests1,528 (177)(5,064)1,034 Net income (loss) attributable to B. Riley Financial, Inc.139,471 (433,604)129,496 (482,769)Preferred stock dividends2,015 2,015 4,030 4,030 Net income (loss) available to common shareholders$137,456 $(435,619)$125,466 $(486,799)Basic net income (loss) per common share:Continuing operations$2.23 $(14.83)$1.73 $(17.02)Discontinued operations2.27 0.48