Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 47

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 1
Chunk 47
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 of the leases to which the Company was a party were operating leases.  The weighted average remaining term of the leases was 9.1 years.  The weighted average discount rate for the leases was 5.99%. 
   ﻿ 
   Maturities of operating lease liability payments consisted of the following.
    
   FUTURE MATURITY OF LEASE LIABILITIES
   (Dollars in Thousands)

        June 30, 2025 

        2025 - remaining 
        
       $
       1,200

        2026 

       2,471

        2027 

       2,491

        2028 

       2,504

        2029 

       2,417

        Thereafter 

       10,287

        Total 

       21,370

        Less imputed interest 

       (5,048
       )

        Lease obligation 
        
       $
       16,322

   ﻿During the six months ended  June 30, 2025 and 2024, total cash payments of $879 and $1,206, respectively, were recorded as a reduction in the operating lease obligation.  No cash payments were made to acquire right of use assets.
    
   For the three months ending  June 30, 2025 and 2024, rent expense, net of sublease income of $23 and $23, respectively, was $660 and $648, respectively.  For the six months ended  June 30, 2025 and 2024, rent expense, net of sublease income of $46 and $46, respectively, was $1,314 and $1,282, respectively.

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   13. OTHER RECEIVABLES, OTHER ASSETS, ACCOUNTS PAYABLE AND OTHER LIABILITIES
   ﻿ 
   Other receivables consisted of the following.
    
   OTHER RECEIVABLES
   (Dollars in Thousands)

       June 30, 2025    December 31, 2024  
 New issue fee and advisory fee receivable - gross  $5,733  $3,408 
 Allowance for credit losses   (2,725)  (2,250)
 New issue fee and advisory fee receivable - net   3,008