| Balance Sheets | 2025-06-30 | 2025-03-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 267,388 | 138,303 | ||
| Restricted cash | 1,255 | 1,375 | ||
| Due from clearing brokers | 45,380 | 12,895 | ||
| Securities and other investments owned, at fair value | 242,352 | 231,760 | ||
| Securities borrowed | 72,320 | 40,895 | ||
| Accounts receivable, net of allowance for credit losses of 6,022 and 6,100 as of june30, 2025 and december31, 2024, respectively | 61,233 | 61,597 | ||
| Due from related parties | 185 | 438 | ||
| Loans receivable, at fair value | 48,980 | 98,596 | ||
| Prepaid expenses and other assets (includes 75 and 3,449 from related parties as of june30, 2025 and december31, 2024, respectively) | 219,972 | 241,753 | ||
| Operating lease right-of-use assets | 40,178 | 46,807 | ||
| Property and equipment, net | 18,452 | 17,969 | ||
| Goodwill | 392,687 | 392,687 | ||
| Other intangible assets, net | 131,320 | 139,629 | ||
| Deferred income taxes | 1,300 | 1,300 | ||
| Assets held for sale-Disposal Group Heldforsale Not Discontinued Operations | 0 | 20,125 | ||
| Assets of discontinued operations (note 3)-Discontinued Operations Disposed Of By Sale | - | 64,874 | ||
| Assets of discontinued operations-Discontinued Operations Disposed Of By Sale | 2,221 | - | ||
| Total assets | 1,545,223 | 1,511,003 | ||
| Accounts payable | 35,081 | 44,210 | ||
| Accrued expenses and other liabilities | 175,144 | 182,161 | ||
| Deferred revenue | 53,499 | 57,254 | ||
| Deferred income taxes | 2,264 | 2,121 | ||
| Due to related parties and partners | 1,198 | 1,782 | ||
| Securities sold not yet purchased | 12,347 | 2,140 | ||
| Securities loaned | 54,588 | 22,987 | ||
| Operating lease liabilities | 48,714 | 54,143 | ||
| Notes payable | 0 | 0 | ||
| Loan participations sold | 10,475 | 9,986 | ||
| Revolving credit facility | 12,075 | 13,800 | ||
| Term loans, net | 124,584 | 184,088 | ||
| Senior notes payable, net | 1,323,727 | 1,370,769 | ||
| Liabilities held for sale-Disposal Group Heldforsale Not Discontinued Operations | 0 | 419 | ||
| Liabilities of discontinued operations-Discontinued Operations Disposed Of By Sale | 830 | 19,113 | ||
| Total liabilities | 1,854,526 | 1,964,973 | ||
| Common stock, 0.0001 par value 100,000,000 shares authorized 30,597,066 and 30,499,931 issued and outstanding as of june30, 2025 and december31, 2024, respectively | 3 | 3 | ||
| Additional paid-in capital | 595,432 | 591,207 | ||
| Accumulated deficit | -941,243 | -1,080,971 | ||
| Accumulated other comprehensive loss | -5,898 | -7,056 | ||
| Total b. riley financial, inc. stockholders deficit | -351,706 | -496,817 | ||
| Noncontrolling interest | 42,403 | 42,847 | ||
| Total deficit | -309,303 | -453,970 | ||
| Total liabilities and deficit | 1,545,223 | 1,511,003 | ||
B. Riley Financial, Inc. (RILYP)
B. Riley Financial, Inc. (RILYP)