| Balance Sheets | 2024-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 154,877 | |||
| Restricted cash | 100,475 | |||
| Due from clearing brokers | 30,713 | |||
| Securities and other investments owned, at fair value | 282,325 | |||
| Securities borrowed | 43,022 | |||
| Accounts receivable, net of allowance for credit losses of 10,073 and 7,175 as of december31, 2024 and 2023, respectively | 88,384 | |||
| Due from related parties | 162 | |||
| Loans receivable, at fair value (includes 51,902 and 378,768 from related parties as of december31, 2024 and 2023, respectively) | 90,103 | |||
| Prepaid expenses and other assets (includes 3,449 and 11,802 from related parties as of december31, 2024 and 2023, respectively) | 252,344 | |||
| Operating lease right-of-use assets | 53,767 | |||
| Property and equipment, net | 18,954 | |||
| Goodwill | 423,136 | |||
| Other intangible assets, net | 146,885 | |||
| Deferred income taxes | 13,393 | |||
| Disposal Group Including Discontinued Operation Cash And Cash Equivalents | 1,324 | |||
| Wealth Management-Disposal Group Heldforsale Not Discontinued Operations | 0 | |||
| Disposal Group Including Discontinued Operation Cash And Cash Equivalents | 1,324 | |||
| Cash and cash equivalents | 1,324 | |||
| Wealth Management | 0 | |||
| Atlantic Coast Recycling | 3,698 | |||
| Accounts receivable, net | 3,698 | |||
| Prepaid expenses and other assets | 6,131 | |||
| Operating lease right-of-use assets | 21,639 | |||
| Property and equipment, net | 22,870 | |||
| Goodwill | 17,141 | |||
| Other intangible assets, net | 11,920 | |||
| Assets held for sale (note 4)-Disposal Group Heldforsale Not Discontinued Operations | 84,723 | |||
| Assets of discontinued operations (note 4)-Discontinued Operations Disposed Of By Sale | 0 | |||
| Total assets | 1,783,263 | |||
| Accounts payable | 52,564 | |||
| Accrued expenses and other liabilities | 203,196 | |||
| Deferred revenue | 58,153 | |||
| Deferred income taxes | 5,462 | |||
| Due to related parties and partners | 3,404 | |||
| Securities sold not yet purchased | 5,675 | |||
| Securities loaned | 27,942 | |||
| Operating lease liabilities | 61,038 | |||
| Notes payable | 28,021 | |||
| Loan participations sold | 6,000 | |||
| Revolving credit facility | 16,329 | |||
| Term loans, net | 199,429 | |||
| Senior notes payable, net | 1,530,561 | |||
| Liabilities held for sale (note 4) | 41,505 | |||
| Liabilities of discontinued operations (note 4)-Discontinued Operations Disposed Of By Sale | 0 | |||
| Total liabilities | 2,239,279 | |||
| Common stock, 0.0001 par value 100,000,000 shares authorized 30,499,931 and 29,937,067 shares issued and outstanding as of december31, 2024 and 2023, respectively | 3 | |||
| Additional paid-in capital | 589,387 | |||
| Accumulated deficit | -1,070,996 | |||
| Accumulated other comprehensive loss | -6,569 | |||
| Total b. riley financial, inc. stockholders equity (deficit) | -488,175 | |||
| Noncontrolling interests | 32,159 | |||
| Total equity (deficit) | -456,016 | |||
| Total liabilities and equity (deficit) | 1,783,263 | |||
B. Riley Financial, Inc. (RILYZ)
B. Riley Financial, Inc. (RILYZ)