B. Riley Financial, Inc.
For the period ended Dec 31, 2024. Filed Sep 19, 2025.
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FY2024 · Filed Sep 19, 2025
RILY$3.66-4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(Dollars in thousands, except par value)
| December 31,2024 | December 31,2023 | |
|---|---|---|
| Assets: | ||
| Assets: | ||
| Cash and cash equivalents | $154,877 | $222,690 |
| Restricted cash | 100,475 | 1,875 |
| Due from clearing brokers | 30,713 | 51,334 |
| Securities and other investments owned, at fair value | 282,325 | 809,049 |
| Securities borrowed | 43,022 | 2,870,939 |
| Accounts receivable, net of allowance for credit losses of $10,073 and $7,175 as of December 31, 2024 and 2023, respectively | 88,384 | 101,036 |
| Due from related parties | 162 | 172 |
| Loans receivable, at fair value (includes $51,902 and $378,768 from related parties as of December 31, 2024 and 2023, respectively) | 90,103 | 532,419 |
| Prepaid expenses and other assets (includes $3,449 and $11,802 from related parties as of December 31, 2024 and 2023, respectively) | 252,344 | 241,862 |
| Operating lease right-of-use assets | 53,767 | 87,167 |
| Property and equipment, net | 18,954 | 25,206 |
| Goodwill | 423,136 | 466,638 |
| Other intangible assets, net | 146,885 | 198,245 |
| Deferred income taxes | 13,393 | 33,631 |
| Assets held for sale (Note 4) | 84,723 | — |
| Assets of discontinued operations (Note 4) | — | 438,341 |
| Total assets | $1,783,263 | $6,080,604 |
| Liabilities and Equity / (Deficit) | ||
| Liabilities: | ||
| Accounts payable | $52,564 | $43,992 |
| Accrued expenses and other liabilities | 203,196 | 252,876 |
| Deferred revenue | 58,153 | 70,575 |
| Deferred income taxes | 5,462 | — |
| Due to related parties and partners | 3,404 | 2,480 |
| Securities sold not yet purchased | 5,675 | 8,601 |
| Securities loaned | 27,942 | 2,859,306 |
| Operating lease liabilities | 61,038 | 98,088 |
| Notes payable | 28,021 | 19,391 |
| Loan participations sold | 6,000 | — |
| Revolving credit facility | 16,329 | 43,801 |
| Term loans, net | 199,429 | 625,151 |
| Senior notes payable, net | 1,530,561 | 1,668,021 |
| Liabilities held for sale (Note 4) | 41,505 | — |
| Liabilities of discontinued operations (Note 4) | — | 28,756 |
| Total liabilities | 2,239,279 | 5,721,038 |
| Commitments and contingencies (Note 19) | ||
| B. Riley Financial, Inc. stockholders’ equity (deficit): | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 4,563 shares issued and outstanding as of December 31, 2024 and 2023; and liquidation preference of $114,082 as of December 31, 2024 and 2023. | — | — |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 30,499,931 and 29,937,067 shares issued and outstanding as of December 31, 2024 and 2023, respectively. | 3 | 3 |
| Additional paid-in capital | 589,387 | 572,170 |
| Accumulated deficit | (1,070,996) | (281,285) |
| Accumulated other comprehensive loss | (6,569) | 229 |
| Total B. Riley Financial, Inc. stockholders’ equity (deficit) | (488,175) | 291,117 |
| Noncontrolling interests | 32,159 | 68,449 |
| Total equity (deficit) | (456,016) | 359,566 |
| Total liabilities and equity (deficit) | $1,783,263 | $6,080,604 |
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