Company: RILYN
Filing Date: 2025-11-18
Form Type: 10-Q
Source: 0001464790-25-000023
Chunk: 151

Company: B. Riley Financial, Inc.
Filing Date: 2025-11-18
Form: 10-Q
Item: Part I, Item 2
Chunk 151
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)(6.5)%Restructuring charge— 789 (789)(100.0)%Interest expense - Securities lending and loan participations sold719 35,383 (34,664)(98.0)%Total operating expenses247,540 313,609 (66,069)(21.1)%Operating loss(61,477)(16,019)(45,458)n/mOther income (expense):Interest income1,486 663 823 124.1 %Dividend income135 3,004 (2,869)(95.5)%Realized and unrealized losses on investments(14,500)(34,924)20,424 (58.5)%Change in fair value of financial instruments and other922 — 922 — %Gain on sale and deconsolidation of businesses80,841 314 80,527 n/mGain on senior note exchange10,532 — 10,532 100.0 %Loss from equity investments(552)(4)(548)n/mLoss on extinguishment of debt(10,427)— (10,427)(100.0)%Interest expense(29,964)(35,665)5,701 (16.0)%Loss from continuing operations before income taxes(23,004)(82,631)59,627 (72.2)%Benefit from income taxes3,042 21,330 (18,288)(85.7)%Loss from continuing operations(19,962)(61,301)41,339 (67.4)%Income from discontinued operations, net of income taxes3,395 13,347 (9,952)(74.6)%Net loss(16,567)(47,954)31,387 (65.5)%Net (loss) income attributable to noncontrolling interests(6,592)1,211 (7,803)n/mNet loss attributable to B. Riley Financial, Inc.(9,975)(49,165)39,190 (79.7)%Preferred stock dividends2,015 2,015 — — %Net loss available to common shareholders$(11,990)$(51,180)$39,190 (76.6)%n/m - Not applicable or not meaningful.

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Revenues

The table below and the discussion that follows are based on how we analyze our business.

Three Months Ended March 31,Change202