Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 35

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 of March 31, 2025 and September 30, 2024 correspond to amounts as of June 30, 2025 and December 31, 2024, respectively, of the Company; income statement amounts during the three and six months ended March 31, 2025 and 2024 correspond to amounts during the three and six months ended 

22

June 30, 2025 and 2024, respectively, of the Company), which is the period in which the most recent financial information is available:March 31, 2025September 30, 2024Current assets$20,514 $215,927 Noncurrent assets$129,902 $572,628 Current liabilities$18,797 $86,672 Noncurrent liabilities$70,553 $105,711 Equity attributable to investee$61,066 $596,172 For the Three Months Ended March 31,For the Six Months Ended March 31,2025202420252024Revenues$18,500 $109,929 $30,223 $255,903 Cost of revenues$2,003 $79,033 $4,797 $206,381 Net income (loss) attributable to investees$6,323 $(5,469)$4,009 $(15,974)

(l) Fair Value MeasurementsThe Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) for identical instruments that are highly liquid, observable, and actively traded in over-the-counter markets. Fair values determined by Level 2 inputs utilize inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations whose inputs are observable and can be corroborated by market data. Level 3