Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 109

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 109
---

     251

     16

     -

     $
     129,687

     $
     15,746

     $
     16,225

     $
     13,085

     $
     84,631

     (1)
      The 2020 Notes mature on January 31, 2026.  The 2024 Notes mature on August 31, 2026.   

      (2) 
      The interest on the junior subordinated notes related to Alesco Capital Trust I is variable. The interest rate of 8.55% (based on the Term SOFR rate in effect as of March 31, 2025 plus 4.00%) was used to compute the contractual interest payment in each period noted. The interest on the junior subordinated notes related to Sunset Financial Statutory Trust I is variable. The interest rate of 8.71% (based on the Term SOFR rate in effect as of March 31, 2025 plus 4.15%) was used to compute the contractual interest payment in each period noted. 

      (3) 
      Represents material operating contracts for various services.   

 ﻿ 

       72

We believe that we will be able to continue to fund our current operations and meet our contractual obligations through a combination of existing cash resources and other sources of credit. Due to the uncertainties that exist in the economy, we cannot be certain that we will be able to replace existing financing or find sources of additional financing in the future.

Recent Accounting Pronouncements 

The following is a list of recent accounting pronouncements that we believe will have a continuing impact on our financial statements going forward.

﻿ 

In November 2024, the FASB issued ASU 2024-03, Income Statement — Reporting Comprehensive Income Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. The ASU requires additional disclosure of the nature of expenses included in the income statement as well as disclosures about specific types of expenses included in the expense captions presented in the income statements.  The ASU is effective for all entities for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027, which was clarified in ASU 2025-01. We are currently evaluating the new guidance to determine the impact it may have on our consolidated financial statements.