Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 341

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 8
Chunk 341
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,390)$13,447 $(138,746)$23,741 Brands TransactionGreat American GroupTotalNine Months EndedSeptember 30,Nine Months EndedSeptember 30,Nine Months EndedSeptember 30,202420232024202320242023Revenues:Services and fees$13,675 $13,654 $66,962 $68,074 $80,637 $81,728 Sale of goods— — 17,477 67,009 17,477 67,009 Total revenues13,675 13,654 84,439 135,083 98,114 148,737 Operating expenses:Direct cost of services— — 18,060 21,815 18,060 21,815 Cost of goods sold— — 14,306 36,506 14,306 36,506 Selling, general and administrative expenses2,832 2,721 37,520 40,515 40,352 43,236 Total operating expenses2,832 2,721 69,886 98,836 72,718 101,557 Operating income10,843 10,933 14,553 36,247 25,396 47,180 Other income (expense):Interest income— — 4 — 4 — Dividend income26,459 26,094 — — 26,459 26,094 Realized and unrealized gains (losses) on investments(108,304)(7,940)— — (108,304)(7,940)Loss on disposal(39,500)— — — (39,500)— Interest expense(2,102)— (25,781)(21,492)(27,883)(21,492)(Loss) income from discontinued operations before income taxes(112,604)29,087 (11,224)14,755 (123,828)43,842 (Provision for) benefit from income taxes— (7,388)1 (3,911)1 (11,299)(Loss) income from discontinued operations, net of income taxes$(112,604)$21,699 $(11,223)$10,844 $(123,827)$32,543 

34

Interest expense for discontinued operations is based upon the amount of debt that was