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B. Riley Financial, Inc.

For the period ended Mar 31, 2025. Filed Nov 18, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Nov 18, 2025

RILY$3.66-4.7%Stored close · as of Nov 10, 2026

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Table of Contents

B. Riley Financial, Inc.

Quarterly Report on Form 10-Q

For the Quarterly Period Ended March 31, 2025

Page
PART I. FINANCIAL INFORMATION
Item 1.Unaudited Condensed Consolidated Financial Statements1
Unaudited Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 20241
Unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2025 and 20243
Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) for the three months ended March 31, 2025 and 20245
Unaudited Condensed Consolidated Statements of Equity (Deficit) for the three months ended March 31, 2025 and 20246
Unaudited Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 20247
Notes to Unaudited Condensed Consolidated Financial Statements9
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations68
Item 3.Quantitative and Qualitative Disclosures About Market Risk84
Item 4.Controls and Procedures85
PART II. OTHER INFORMATION
Item 1.Legal Proceedings89
Item 1A.Risk Factors90
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds92
Item 3.Defaults Upon Senior Securities92
Item 4.Mine Safety Disclosures92
Item 5.Other Information92
Item 6.Exhibits93
SIGNATURES95
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.