Company: RILYN
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001464790-25-000011
Chunk: 373

Company: B. Riley Financial, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 8
Chunk 373
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 stock, $0.0001 par value; 100,000,000 shares authorized; 30,499,931 and 29,937,067 shares issued and outstanding as of December 31, 2024 and 2023, respectively.3 3 Additional paid-in capital589,387 572,170 Accumulated deficit(1,070,996)(281,285)Accumulated other comprehensive loss(6,569)229 Total B. Riley Financial, Inc. stockholders’ equity (deficit)(488,175)291,117 Noncontrolling interests32,159 68,449 Total equity (deficit)(456,016)359,566 Total liabilities and equity (deficit)$1,783,263 $6,080,604 

The accompanying notes are an integral part of these consolidated financial statements.

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Table of Contents

B. RILEY FINANCIAL, INC. AND SUBSIDIARIES

Consolidated Statements of Operations

(Dollars in thousands, except share data)

Year Ended December 31, 202420232022Revenues:Services and fees (includes $18,575, $6,143 and $12,432 for the years ended December 31, 2024, 2023 and 2022 from related parties, respectively) $875,480 $898,750 $815,951 Trading (loss) income(57,007)21,603 (148,294)Fair value adjustments on loans (includes $(328,671), $(36,788) and $(1,603) for the years ended December 31, 2024, 2023 and 2022 from related parties, respectively) (325,498)20,225 (54,334)Interest income - loans (includes $33,186, $26,563 and $7,559 for the years ended December 31, 2024, 2023 and 2022 from related parties, respectively) 54,141 123,244 157,669 Interest income - securities lending70,862 161,652 83,144 Sale of goods220,619 240,303 85,347 Total revenues838,597 1,465,777 939,483 Operating expenses:Direct cost of services213,901 214,065 118,535 Cost of goods sold167,634 172,836