Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 216

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 216
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   Revenue share receivable represents the amount due to the Company for the Company’s share of a revenue arrangement generated from an entity in which the Company receives a share of the entity’s revenue.
    
   Agency repo income receivable represents income receivable on gestation repo trades.  See note 10.
    
   Miscellaneous other receivables represent other receivables that are of a short-term nature.
   ﻿ 
   Other assets consisted of the following.
    
   OTHER ASSETS
   (Dollars in Thousands)

       September 30, 2025    December 31, 2024  
 Deferred costs  $162  $93 
 Prepaid expenses   2,320   2,305 
 Deposits   772   714 
 Furniture, equipment, and leasehold improvements, net   2,271   1,975 
 Intangible assets   166   166 
 Other assets  $5,691  $5,253 

   ﻿ 
   Deferred costs are costs incurred pending reimbursement from a third party upon closing of a transaction. Prepaid expenses represent amounts paid for services that are being amortized over their expected period of use and benefit.  They are all routine and short-term in nature.  Deposits are amounts held by landlords or other parties that will be returned or offset upon satisfaction of a lease or other contractual arrangement.  See note 16 to the Company’s consolidated financial statements included in its Annual Report on Form 10-K for the year ended  December 31, 2024 for further discussion of the Company’s furniture, equipment, and leasehold improvements.  Intangible assets represent the carrying value of the Cohen Securities broker-dealer license. 
   ﻿ 

       34

   Accounts payable and other liabilities consisted of the following.
    
   ACCOUNTS PAYABLE AND OTHER LIABILITIES
   (Dollars in Thousands)

       September 30, 2025    December 31, 2024  
 Accounts payable  $1,104  $812 
 Accrued income tax   754   284 
 Accrued interest payable   558   651 
 Accrued interest on securities sold, not yet purchased   280   225 
 Payroll taxes payable   3,141   2,056 
 Cash collateral held from repo and or reverse repo counterparties