Company: BCG
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001410578-25-000143
Chunk: 234

Company: Binah Capital Group, Inc.
Filing Date: 2025-02-14
Form: S-1
Chunk 234
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 ​ |     ​ 
  2023 | ​ | ​ |    ​ 
 2022 |
|:---------------------|:--|:--|------:|:--|:--|-----:|
| Operating lease cost | ​ | $ | 1,141 | ​ | $ |  908 |
| Variable lease cost  | ​ |   |    48 | ​ |   |   41 |
| Total lease cost     | ​ | $ | 1,189 | ​ | $ |  950 |

Total lease cost is included rent and occupancy on the consolidated statements of operations. Amounts reported in the consolidated statements of financial condition as of December 31, 2023 and 2022 were as follows (in thousands):

| ​                           | ​ 
 ​ | ​ |     ​ 
  2023 | ​ | ​ |     ​ 
  2022 |
|:----------------------------|:--|:--|------:|:--|:--|------:|
| Operating leases ROU assets | ​ | $ | 4,332 | ​ | $ | 4,524 |
| Operating lease liabilities | ​ | $ | 4,381 | ​ | $ | 4,527 |

Other supplemental information related to leases as of December 31, 2023 and 2022 was as follows: Cash paid for amounts included in the measurement of lease liabilities for the years ended December 31, 2023 and 2022 (in thousands):

| ​                | ​ 
 ​ | ​ |    ​ 
 2023 | ​ | ​ |    ​ 
 2022 |
|:-----------------|:--|:--|-----:|:--|:--|-----:|
| Operating leases | ​ | $ |  466 | ​ | $ |  673 |

ROU assets obtained in exchange for lease liabilities for the year ended December 31, 2023 and 2022 (in thousands):

| ​                | ​ 
 ​ | ​ |    ​ 
 2023 | ​ | ​ |    ​ 
 2022 |
|:-----------------|:--|:--|-----:|:--|:--|-----:|
| Operating leases | ​ | $ |  319 | ​ | $ |  998 |

Reductions to ROU assets and lease liabilities as a result of lease termination during the year ended December 31, 2022 (in thousands):

| ​