Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 2233

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 4
Chunk 2233
---
 public company investee.  For several of the investments described below, we also had an investment in the same company accounted for at fair value as a component of other investments, at fair value during the periods presented.  See discussion of principal transactions above.

      Year Ended December 31, 

      2023 

      2022 

      Change 

      Heliogen, Inc. (OTC: HLGN) 
      
     $
     -

     $
     (10,625
     )
      
     $
     10,625

      Wejo Group Limited (OTC: WEJWF) 

     -

     (2,214
     )

     2,214

      Alpha Tau Medical Ltd. (NASDAQ: DRTS) 

     (51
     )

     374

     (425
     )

      FOXO Technologies Inc. (NYSE American: FOXO) 

     (3
     )

     1,017

     (1,020
     )

      Syntec Optics Holdings, Inc. (NASDAQ: OPTX) 

     4,304

     -

     4,304

      Zoomcar Holdings, Inc. (NASDAQ: ZCAR) 

     10,013

     (837
     )

     10,850

      African Agriculture Holdings Inc. (OTC: AAGR) 

     2,358

     (7
     )

     2,365

      Other 

     (1,346
     )

     (2,671
     )

     1,325

     $
     15,275

     $
     (14,963
     )
      
     $
     30,238

See note 12 to our consolidated financial statements included in Item 1 of this Quarterly Report on Form 10-K.

      59

Income Tax Expense / (Benefit) 

The income tax expense was $5,545 for the year ended December 31, 2023, as compared to $4,794 for the year ended December 31, 2022.  See note 23 to our consolidated financial statements included in our Annual Report on Form 10-K.

﻿The tax expense recognized in 2023 was comprised of a deferred tax expense of $5,354 and current tax expense of $191.  The current tax expense incurred was the result of foreign, state, and local income tax.