Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 366

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 8
Chunk 366
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,055 1,034 Net income (loss) attributable to B. Riley Financial, Inc.56,789 72,707 129,496 (509,431)26,662 (482,769)Preferred stock dividends4,030 — 4,030 4,030 — 4,030 Net income (loss) available to common shareholders$52,759 $72,707 $125,466 $(513,461)$26,662 $(486,799)Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Weighted average common shares outstanding:    Basic30,527,835 30,352,054 30,512,757 30,170,819 Effect of dilutive potential common shares:    Restricted stock units and warrants— — — — Diluted30,527,835 30,352,054 30,512,757 30,170,819     Basic net income (loss) per common share:Continuing operations$2.23 $(14.83)$1.73 $(17.02)Discontinued operations2.27 0.48 2.38 0.89 Basic income (loss) per common share$4.50 $(14.35)$4.11 $(16.13)Diluted net income (loss) per common share:Continuing operations$2.23 $(14.83)$1.73 $(17.02)Discontinued operations2.27 0.48 2.38 0.89 Diluted income (loss) per common share$4.50 $(14.35)$4.11 $(16.13)62

NOTE 17 — COMMITMENTS AND CONTINGENCIES

(a) Legal MattersThe Company is subject to certain legal and other claims that arise in the ordinary course of its business. In particular, the Company and its subsidiaries are named in and subject to various proceedings and claims arising primarily from the Company’s securities business activities, including lawsuits, arbitration claims, class actions, and regulatory matters. Some of these claims seek substantial compensatory, punitive, or indeterminate damages. The Company and its subsidiaries are also involved in other reviews, investigations, and proceedings by governmental and self-regulatory organizations regarding the Company’s business, which may result in adverse judgments, settlements, fines, penalties, injunctions,