Company: RILYN
Filing Date: 2025-02-21
Form Type: 10-Q
Source: 0001628280-25-007082
Chunk: 408

Company: B. Riley Financial, Inc.
Filing Date: 2025-02-21
Form: 10-Q
Item: Part I, Item 8
Chunk 408
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ains (Losses)Public Equity Securities:Babcock & Wilcox Enterprises, Inc. - common stock$7,005 $(33,537)$5,930 $(29,672)Babcock & Wilcox Enterprises, Inc. - preferred stock2,495 (148)2,342 2,621 Alta Equipment Group, Inc. - common stock— (17,873)(3,537)2,743 Double Down Interactive Co., Ltd - common stock13,113 (4,220)34,952 38 Synchronoss Technologies, Inc. - common stock6,445 (530)9,940 (530)Other public equities204 (3,244)(2,328)(16,910)Subtotal29,262 (59,552)47,299 (41,710)Private Equity Securities:Freedom VCM Holdings, LLC(49,033)— (221,042)— Other private equities(1,766)(15,581)(40,966)(21,592)Subtotal(50,799)(15,581)(262,008)(21,592)Corporate bonds(245)628 1,141 976 Partnership interest and other(415)(2,782)1,206 (14,694)Total$(22,197)$(77,287)$(212,362)$(77,020)

During the three and nine months ended September 30, 2024, realized and unrealized losses of $(22.2) million and $(212.4) million were recorded to other income as realized and unrealized losses on investments. These realized and unrealized losses are made up of realized and unrealized gains (losses) recorded to public equity securities, private equity securities, corporate bonds, and partnership interest and other investments. The majority of realized and unrealized (losses) gains on investments during the three and nine months ended September 30, 2024 are related to public equity securities (equity securities that trade on major exchanges), and private equity securities.

During the three and nine months ended September 30, 2024, $29.3 million and $47.3 million of realized and unrealized gains were recorded for public equity securities to other income as realized and unrealized gains on investments. Of these amounts, Double Down Interactive Co., Ltd common stock made up the majority of the balances. During the three and nine months ended September