Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 40

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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619 Liabilities:Contingent consideration4,538 Discounted cash flowDiscount rate5.0% - 7.5%5.1%Total level 3 liabilities measured at fair value$4,538 (1) Unobservable inputs were weighted by the relative fair value of the financial instruments.The changes in Level 3 fair value hierarchy during the three months ended June 30, 2025 and 2024 were as follows:Level 3Balance atBeginning ofPeriodLevel 3 Changes During the PeriodLevel 3Balance atEnd ofPeriodChange in unrealized gains (losses) (2)Fair Value Adjustments (1)Relating to Undistributed EarningsPurchases/ OriginationsSalesSettlements/ RepaymentsTransfer in and/or out of Level 3Three Months Ended June 30, 2025Equity securities$27,530 $197 $— $24,998 $— $(24,999)$— $27,726 $197 Loans receivable at fair value98,596 799 — 624 (3,575)(47,464)— 48,980 799 Other assets— 1,029 — — — — — 1,029 1,029 Contingent consideration4,593 63 — — — (48)— 4,608 (63)Liability-classified warrants5,160 (1,000)— — — — — 4,160 1,000 Embedded derivative14,593 (11,468)— — — (3,125)— — 11,468 Three Months Ended June 30, 2024Equity securities$386,244 $(202,573)$8 $181 $(68,875)$— $(3)$114,982 $(202,679)Loans receivable at fair value452,496 (175,582)1,102 7,129 — (55,946)— 229,199 (177,060)Contingent consideration24,976 288 — — — (48)— 25,216 (288)(1) Fair value adjustments during the three months ended June 30, 2025 includes the following: $197 of realized and unrealized gains (losses) on equity securities is comprised of $(92)