Company: RILY
Filing Date: 2025-12-15
Form Type: 10-Q
Source: 0001464790-25-000029
Chunk: 333

Company: B. Riley Financial, Inc.
Filing Date: 2025-12-15
Form: 10-Q
Item: Part I, Item 8
Chunk 333
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25,715 22,803 53,480 Operating expenses:Direct cost of services— 2,872 — 2,872 Cost of goods sold— 6,960 — 6,960 Selling, general and administrative expenses1,028 12,437 17,979 31,444 Total operating expenses1,028 22,269 17,979 41,276 Operating income3,934 3,446 4,824 12,204 Other income (expense):Interest income— 1 6 7 Dividend income8,749 — — 8,749 Realized and unrealized losses on investments(449)— — (449)Loss on extinguishment of debt— — (163)(163)Interest expense(699)(8,454)— (9,153)Income (loss) from discontinued operations before income taxes11,535 (5,007)4,667 11,195 Benefit from (provision for) income taxes4,012 (1,143)1,306 4,175 Income (loss) from discontinued operations, net of  income taxes$15,547 $(6,150)$5,973 $15,370 Six Months Ended June 30, 2024Brands TransactionGreat American GroupGlassRatner & FarberTotalRevenues:Services and fees$9,539 $33,357 $45,442 $88,338 Sale of goods— 10,584 — 10,584 Total revenues9,539 43,941 45,442 98,922 Operating expenses:Direct cost of services— 4,328 — 4,328 Cost of goods sold— 7,748 — 7,748 Selling, general and administrative expenses1,882 24,232 35,938 62,052 Total operating expenses1,882 36,308 35,938 74,128 Operating income7,657 7,633 9,504 24,794 Other income (expense):Interest income— 2 11 13 Dividend income17,560 — — 17,560 Realized and unrealized gains on investments4,930 — — 4,930 Loss on extinguishment of debt— — (163)(163