Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 63

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 63
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 principal transactions gains and losses were included in the Principal Investing segment.  The Company restated all prior periods presented to be consistent.  The CODM evaluates the performance of the Capital Markets segment including the gains and losses on the financial instruments received through CCM's activities.    
    
   Interest expense in the table below includes non-operating interest expense.  Interest income and expense relating to operations is included in net trading revenue. See note 5. Indirect expenses (such as general and administrative expenses including executive and indirect overhead costs) not directly associated with specific business segments are not allocated to the business segments’ statements of operations.  See (1) below.
    
   Beginning in 2024 annual reporting, the Company adopted ASU 2023-07 retrospectively. The following table sets forth our segment information of revenue, expenses, and income (loss) from operations.﻿ 

   SEGMENT INFORMATION
   Statement of Operations Information
   Three Months Ended  March 31, 2025

       Capital    Asset    Principal    Segment    Unallocated      
   Markets    Management    Investing    Total    (1)    Total  
 Net trading  $9,211  $-  $-  $9,211  $-  $9,211 
 Asset management   -   2,020   -   2,020   -   2,020 
 New issue and advisory   33,239   -   -   33,239   -   33,239 
 Principal transactions   (13,075)  -   (2,330)  (15,405)  -   (15,405)
 Other income   -   438   (763)  (325)  -   (325)
 Total revenues   29,375   2,458   (3,093)  28,740   -   28,740 
 Compensation   18,009   1,372   158   19,539   969   20,508 
 Stock based compensation   134   27   -   161   997   1,158 
 Business development   376   58   1   435   394   829 
 Occupancy and