Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1957

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 2
Chunk 1957
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 of Cash Flows 
 (Dollars in Thousands) 

       For the Year Ended December 31,  
   2024    2023    2022  
             
 Operating activities             
 Net income / (loss)  $(129) $(5,113) $(13,389)
 Adjustments to reconcile net income / (loss) to net cash provided by / (used) in operating activities:             
 Equity in undistributed earnings / (loss) from Cohen & Company, LLC   (4,553)  (3,708)  4,953 
 Distributions from / (contributions to) Cohen & Company, LLC   6,428   6,223   5,433 
 Amortization of discount of debt   42   692   563 
 (Increase) / decrease in other assets   18   108   (166)
 Increase / (decrease) in accounts payable and other liabilities   (2)  35   199 
 Increase / (decrease) in deferred income taxes   (31)  3,561   5,041 
 Net cash provided by / (used in) operating activities   1,773   1,798   2,634 
 Financing activities             
 Proceeds from issuance of Common Stock   154   -   - 
 Cash used to net share settle equity awards   (54)  (48)  (76)
 Dividends paid to stockholders   (1,873)  (1,750)  (2,558)
 Net cash provided by / (used in) financing activities   (1,773)  (1,798)  (2,634)
 Net increase (decrease) in cash and cash equivalents   -   -   - 
 Cash and cash equivalents, beginning of period   -   -   - 
 Cash and cash equivalents, end of period  $-  $-  $- 

   See accompanying notes to condensed financial statements.

        F-
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   COHEN & COMPANY INC. 
    
   CONDENSED FINANCIAL INFORMATION OF REGISTRANT 
   COHEN & COMPANY INC. (PARENT COMPANY) 
   NOTES TO CONDENSED FINANCIAL STATEMENTS