Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 205

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 205
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5 and 2024, total cash payments of $879 and $1,206, respectively, were recorded as a reduction in the operating lease obligation.  No cash payments were made to acquire right of use assets.
    
   For the three months ending  June 30, 2025 and 2024, rent expense, net of sublease income of $23 and $23, respectively, was $660 and $648, respectively.  For the six months ended  June 30, 2025 and 2024, rent expense, net of sublease income of $46 and $46, respectively, was $1,314 and $1,282, respectively.

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   13. OTHER RECEIVABLES, OTHER ASSETS, ACCOUNTS PAYABLE AND OTHER LIABILITIES
   ﻿ 
   Other receivables consisted of the following.
    
   OTHER RECEIVABLES
   (Dollars in Thousands)

       June 30, 2025    December 31, 2024  
 New issue fee and advisory fee receivable - gross  $5,733  $3,408 
 Allowance for credit losses   (2,725)  (2,250)
 New issue fee and advisory fee receivable - net   3,008   1,158 
 Asset management fees receivable   2,596   2,183 
 Accrued interest and dividend receivable   1,190   1,595 
 Revenue share receivable   455   - 
 Agency repo income receivable   484   522 
 Miscellaneous other receivables   1,699   1,068 
 Other receivables  $9,432  $6,526 

   ﻿ 
   New issue and advisory fees receivable represents amounts owed to Cohen Securities from various counterparties for services rendered.  New issue and advisory revenue is recognized when the Company’s performance obligations have been satisfied, and collectability is reasonably assured.  However, in certain cases, collectability becomes doubtful at a later date.  At each reporting period, the Company assesses the collectability of its new issue and advisory receivables. Each receivable is unique and does not share similar characteristics to be pooled so they are evaluated on an individual basis. The Company records an allowance when