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B. Riley Financial, Inc.

For the period ended Jun 30, 2025. Filed Dec 15, 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.

Jun 30, 2025 · Filed Dec 15, 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 June 30, 2025

Page
PART I. FINANCIAL INFORMATION
Item 1.Unaudited Condensed Consolidated Financial Statements1
Unaudited Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 20241
Unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2025 and 20243
Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and six months ended June 30, 2025 and 20245
Unaudited Condensed Consolidated Statements of Equity (Deficit) for the three and six months ended June 30, 2025 and 20246
Unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 20248
Notes to Unaudited Condensed Consolidated Financial Statements11
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations79
Item 3.Quantitative and Qualitative Disclosures About Market Risk102
Item 4.Controls and Procedures103
PART II. OTHER INFORMATION
Item 1.Legal Proceedings107
Item 1A.Risk Factors108
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds110
Item 3.Defaults Upon Senior Securities110
Item 4.Mine Safety Disclosures110
Item 5.Other Information110
Item 6.Exhibits111
SIGNATURES115
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.