Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 876

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 14
Chunk 876
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 $1,487  $2,023 
 Principal transactions and other income             
 CREO JV  $617  $901  $32 
 Insurance SPAC III   -   -   220 
 Other SPAC Entities   5   50   160 
 SPAC Fund   -   28   (43)
 Stoa USA Inc./FlipOS   -   (6,847)  4,196 
 U.S. Insurance JV   17   463   11 
  $639  $(5,405) $4,576 
 Income (loss) from equity method affiliates             
 Dutch Real Estate Entities  $(759) $334  $(71)
 Insurance SPAC III   -   -   (5,896)
 Other SPAC Entities   22,463   15,275   (14,962)
  $21,704  $15,609  $(20,929)
             
 Operating expense (income)             
 Duane Morris  $632  $432  $621 
 Cohen Circle   (104)  (103)  (66)
  $528  $329  $555 
 Interest expense (income)             
 JKD Investor  $1,050  $941  $943 
 DGC Trust   -   -   327 
  $1,050  $941  $1,270 

   The following related party transactions are non-routine and are not included in the table above.
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   H. Directors and Employees 
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   On  October 1, 2024, the Company assumed the final year obligation of a three-year corporate aircraft program arrangement from the Company's executive chairman, Daniel G. Cohen.  The cost of the final year obligation is $1,208.  The arrangement allows for an allotted number of hours of air travel on selected aircraft.  The Company intends to use the air travel for general business purposes. During the year ended  December 31, 2024, the Company recognized $291 of amortization expense on this lease, which is record in business development, occupancy, equipment expense in the consolidated statement of operations.
    
   The Company has entered into employment agreements