Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 134

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 1
Chunk 134
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31, 2024. The increase was attributable to cash provided by operating activities of $ 6,978, cash provided by investing activities of $ 5,215, cash used in financing activities of $ 6,442, and an increase in cash caused by the change in exchange rates of $ 655.

The cash provided by operating activities of $ 6,978 was comprised of (a) net cash inflows of $ 25,680 related to working capital fluctuations, (b) net cash outflows of $ 2,580 from trading activities comprised of our investments-trading, trading securities sold, not yet purchased, receivables under resale agreements, securities sold under agreements to repurchase, and receivables and payables from brokers, dealers, and clearing agencies, as well as the changes in unrealized gains and losses on the investments-trading and trading securities sold, not yet purchased, and (c) net cash outflows from other earnings items of $ 16,122 (which represents net income or loss adjusted for the following non-cash operating items: other income / (expense), non-cash revenue, realized and unrealized gains and losses and accretion of income on other investments, income/(loss) from equity method affiliates, equity based compensation, depreciation and amortization, deferred taxes, and amortization of discount on debt).

The cash provided by investing activities of $ 5,215 was comprised of (a) $22,437 of sales and returns of principal from other investments, at fair value, (b) $1,312 of distributions received from equity method affiliates, partially offset by (c) $14,856 in cash used to purchase other investments, at fair value, (d) $433 in reduction in cash from the disposal of our interest in Vellar GP, (e) $2,675 invested in equity method affiliates, and (f)  $570 in cash used to purchase furniture, equipment, and leasehold improvements.  

The cash used in financing activities of $ 6,442 was comprised of (a) $2,573 of cash used to repay a portion of the 2024 Note, (b) $343 in cash used to net settle equity awards, (c) $1,261 in cash used to pay dividends, (d) $3,316