Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 33

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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178 Equity attributable to investee$510,977 Three Months Ended March 31, 2024Six Months Ended March 31, 2024Revenues$809,717 $1,615,946 Cost of revenues$511,723 $1,011,402 Loss from continuing operations$— $(1,175)Net loss attributable to investees$(19,256)$(118,839)Babcock and Wilcox Enterprises, Inc. Equity InvestmentThe Company owns a 27% voting interest in B&W whereby the Company has elected to account for this investment under the fair value option. The following tables contain summarized financial information with respect to B&W included below for purposes of the disclosure a quarter in arrears (balance sheet amounts as of March 31, 2025 and September 30, 2024 correspond to amounts as of June 30, 2025 and December 31, 2024, respectively, of the Company; income statement amounts during the three and six months ended March 31, 2025 and 2024 correspond to amounts during the three and six months ended June 30, 2025 and 2024, respectively, of the Company), which is the period in which the most recent financial information is available:

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March 31, 2025September 30, 2024Current assets$482,878 $530,223 Noncurrent assets$236,835 $274,410 Current liabilities$511,214 $297,928 Noncurrent liabilities$511,015 $709,823 Deficit attributable to investee$(303,011)$(203,694)Noncontrolling interest$495 $576 Three Months Ended March 31,Six Months Ended March 31,2025202420252024Revenues$181,194 $207,556 $247,470 $434,723 Cost of revenues$141,133 $159,075 $183,176 $330,627 Loss from continuing operations$(7,763)$(15,799)$(79,081)$(70,065)Net loss$(21,989)$(16,791)$(85,010)$(79,515)Net loss attributable to investees$(22,007)$(16,833)$(85,072)$(83,287)As of June 30, 2025 and December 31, 2024