Company: RILYN
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0001628280-25-001398
Chunk: 3

Company: B. Riley Financial, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 Provision for income taxes(25,008)(21,504)(7,918)(29,423)Net (loss) income(433,781)43,781 (481,735)60,341 Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests(177)(2,600)1,034 (3,195)Net (loss) income attributable to B. Riley Financial, Inc.(433,604)46,381 (482,769)63,536 Preferred stock dividends2,015 2,015 4,030 4,027 Net (loss) income available to common shareholders$(435,619)$44,366 $(486,799)$59,509 Basic (loss) income per common share$(14.35)$1.57 $(16.13)$2.09 Diluted (loss) income per common share$(14.35)$1.55 $(16.13)$2.05 

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Table of Contents

Weighted average basic common shares outstanding30,352,054 28,239,116 30,170,819 28,411,270 Weighted average diluted common shares outstanding30,352,054 28,654,246 30,170,819 29,082,885 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

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B. RILEY FINANCIAL, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive (Loss) Income

(Unaudited)

(Dollars in thousands)

Three Months EndedJune 30,Six Months EndedJune 30,2024202320242023Net (loss) income $(433,781)$43,781 $(481,735)$60,341 Other comprehensive (loss) income:    Change in cumulative translation adjustment(1,244)1,007 (5,116)1,873 Other comprehensive (loss) income, net of tax(1,244)1,007 (5,116)1,873 Total comprehensive (loss) income(435,025)44,788 (486,851)62,214 Comprehensive income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests(177)(2,600)1,034 (3,049)Comprehensive (loss) income attributable to B.