Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 339

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 8
Chunk 339
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200,000 and a maturity date of April 20, 2027, which provided for cash advances and the issuance of letters of credit on retail liquidation engagements under the credit facility was terminated. There were no outstanding balances on this credit facility as of September 30, 2024 and December 31, 2023 or at the time of termination.

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The major classes of assets and liabilities included in discontinued operations were as follows (in thousands):Brands TransactionGreat American GroupTotalSeptember 30,2024ASSETS(Unaudited)Cash and cash equivalents$585 $8,650 $9,235 Securities and other investments owned, at fair value174,753 — 174,753 Accounts receivable, net2,924 12,038 14,962 Prepaid expenses and other assets2 2,645 2,647 Operating lease right-of-use assets— 235 235 Property and equipment, net— 5 5 Goodwill— 5,688 5,688 Other intangible assets, net84,176 — 84,176 Total assets$262,440 $29,261 $291,701 LIABILITIESAccounts payable$— $1,471 $1,471 Accrued expenses and other liabilities1,308 15,556 16,864 Deferred revenue546 72 618 Operating lease liabilities— 257 257 Total liabilities$1,854 $17,356 $19,210 Brands TransactionGreat American GroupTotalDecember 31,2023ASSETS(Unaudited)Cash and cash equivalents$845 $8,429 $9,274 Securities and other investments owned, at fair value283,057 — 283,057 Accounts receivable, net3,232 11,228 14,460 Prepaid expenses and other assets— 1,655 1,655 Operating lease right-of-use assets— 438 438 Goodwill— 5,688 5,688 Other intangible assets, net123,769 — 123,769 Total assets$410,903 $27,438 $438,341 LIABILITIESAccounts payable$— $558 $558 Accrued expenses and other liabilities1,193 25,350 26,543 Due to related parties and partners— 251 251