Company: RILYN
Filing Date: 2025-11-18
Form Type: 10-Q
Source: 0001464790-25-000023
Chunk: 28

Company: B. Riley Financial, Inc.
Filing Date: 2025-11-18
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 $42,405 is included in the "Realized and unrealized losses on investments" line item in the accompanying unaudited condensed consolidated statements of operations for the three months ended March 31, 2024.The following tables contain summarized financial information with respect to Freedom VCM, included below for purposes of the disclosure a quarter in arrears (consolidated balance sheet amounts as of September 30, 2024 correspond to amounts as of December 31, 2024 of the Company; income statement amounts during the three months ended December 31, 2023 correspond to amounts for the three months ended March 31, 2024 of the Company), which is the period in which the most recent financial information was available.September 30, 2024Current assets$871,102 Noncurrent assets$2,889,334 Current liabilities$569,281 Noncurrent liabilities$2,680,178 Equity attributable to investee$510,977 Three Months Ended December 31, 2023Revenues$806,229 Cost of revenues$499,679 Loss from continuing operations$(1,175)Net loss attributable to investees$(169,583)Babcock and Wilcox Enterprises, Inc, Equity InvestmentThe Company owns a 28% 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 December 31, 2024 and September 30, 2024 correspond to amounts as of March 31, 2025 and December 31, 2024, respectively, of the Company; income statement amounts during the three months ended December 31, 2024 and 2023 correspond to amounts during the three months ended March 31, 2025 and 2024, respectively, of the Company), which is the period in which the most recent financial information is available:

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December 31, 2024September 30, 2024Current assets$490,185 $530,223 Noncurrent assets$236,802 $274,410 Current liabilities$388,493 $297,928 Noncurrent liabilities$621,666 $709,823 Deficit attributable to investee$(283,763)$(203,694)Noncontrolling interest$591