Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1049

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 16
Chunk 1049
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(15)  664   (664)  - 
 Equity-based compensation   -   1   1,331   -   -   1,332   3,336   4,668 
 Shares withheld for employee taxes   -   -   (54)  -   -   (54)  (135)  (189)
 Dividends/distributions to convertible non-controlling interest   -   -   -   (1,873)  -   (1,873)  (4,819)  (6,692)
 Redemption of convertible non-controlling interest units   -   -   -   -   -   -   (659)  (659)
 Non-convertible non-controlling interest distributions   -   -   -   -   -   -   (6,818)  (6,818)
 Balance at December 31, 2024  $27  $20  $76,704  $(34,016) $(1,007) $41,728  $48,555  $90,283 

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See accompanying notes to consolidated financial statements.

      F-5

COHEN & COMPANY INC. 

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Consolidated Statements of Cash Flows 

(Dollars in thousands) 

      Year Ended December 31,  
   2024    2023    2022  
 Operating activities             
 Net income (loss)  $8,189  $10,399  $(58,670)
 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:             
 Equity-based compensation   4,668   4,391   4,390 
 Loss (gain) on other investments, at fair value   62,560   92,931   30,914 
 Loss (gain) on other investments, sold not yet purchased   (29,658)  (107,816)  (307)
 Noncash advisory fees received   (24,338)  (18,248)  (7,416)
 (Income) / loss from equity method