Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 101

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 101
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 to raise sufficient capital on economically favorable terms, we may need to reduce the amount of capital invested for the uses described above, which may adversely impact earnings and our ability to pay dividends.

﻿ 

As of March 31, 2025 and December 31, 2024, we maintained cash and cash equivalents of $ 13,985 and $ 19,590, respectively. We generated cash from or used cash for the activities described below.

SUMMARY CASH FLOW INFORMATION

﻿(Dollars in Thousands) 

      Three Months Ended March 31, 

      2025 

      2024 

     Cash flow from operating activities

     $
     (6,372
     )
      
     $
     5,137

     Cash flow from investing activities

     4,189

     (2,856
     )

     Cash flow from financing activities

     (3,631
     )

     (999
     )

     Effect of exchange rate on cash

     209

     (103
     )

      Net cash flow 

     (5,605
     )

     1,179

     Cash and cash equivalents, beginning

     19,590

     10,650

      Cash and cash equivalents, ending 

     $
     13,985

     $
     11,829

﻿ 

See the statement of cash flows in our consolidated financial statements. We believe our available cash and cash equivalents, as well as our investment in our trading portfolio and related borrowing capacity, will provide sufficient liquidity to meet the cash needs of our ongoing operations in the near term.

       68

Three Months Ended March 31, 2025

As of March 31, 2025, our cash and cash equivalents were $ 13,985, representing a decrease of $ 5,605 from December 31, 2024. The decrease was attributable to cash used in operating activities of $ 6,372, cash provided by investing activities of $ 4,189, cash used in financing activities of $ 3,631, and an  increase in cash caused by the change in exchange rates of $ 209.

The cash used in operating activities of $ 6,372 was comprised of (a) net cash outflows of $ 4,794 related to working capital fluctuations; (b) net cash infl