Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 337

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 8
Chunk 337
---
,233 $68,653 Additions and changes to the allowance for credit losses consist of the following:Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Balance, beginning of period$5,343 $3,462 $6,100 $4,373 Changes to reserve831 (94)1,614 (422)Other adjustments and write-offs(152)(192)(1,675)(775)Recoveries— — (17)— Balance, end of period$6,022 $3,176 $6,022 $3,176 

NOTE 8 — PREPAID EXPENSES AND OTHER ASSETS

Prepaid expenses and other assets consist of the following:June 30,2025December 31,2024Inventory, net$51,845 $63,004 Rental merchandise, net12,564 15,084 Equity method investments86,042 85,487 Prepaid expenses18,420 32,413 Unbilled receivables3,144 3,387 Other receivables, net31,991 27,591 Other assets15,966 15,950 Prepaid expenses and other assets$219,972 $242,916 

44

Unbilled receivables represent the amount of mobile handsets in the Communications segment. Other receivables primarily consist of interest receivables on loans and advances to financial advisors, net and income tax receivables. Other assets primarily consist of deposits, contract costs and finance lease assets. 

NOTE 9 — GOODWILL AND OTHER INTANGIBLE ASSETS

The carrying amount of goodwill at June 30, 2025 and December 31, 2024 was $392,687. Goodwill is comprised of $161,486 for the Capital Markets Segment, $37,334 for the Wealth Management Segment and $193,867 for the Communications Segment. Goodwill is net of accumulated impairment losses of $137,445, of which $79,781 and $57,664 were recorded in the Consumer Products and E-Commerce segments, respectively, prior to December 31, 2024.Intangible assets consisted of the following:As of June 30, 2025As of December 31, 2024Estimated Useful Life in YearsGross Carrying ValueAccumulated AmortizationIntangibles NetGross