B Riley Financial Inc
For the period ended Dec 31, 2023. Filed Apr 24, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 24, 2024
RILY$3.84+5.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
| Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · Accumulated OtherComprehensive Loss · Noncontrolling Interests · Total Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Balance, January 1, 2020 | 3,971 | $— | 25,777,796 | $3 | $310,326 | $203,080 | $(823) | $26,374 | $538,960 |
| Common stock issued, net of offering costs | — | — | 1,413,045 | — | 64,713 | — | — | — | 64,713 |
| Preferred stock issued | 541 | — | — | — | 14,712 | — | — | — | 14,712 |
| ESPP shares issued and vesting of restricted stock, net of shares withheld for employer taxes | — | — | 433,182 | — | (9,620) | — | — | — | (9,620) |
| Common stock repurchased and retired | — | — | (44,650) | — | (2,656) | — | — | — | (2,656) |
| Warrants exercised | — | — | 11,655 | — | — | — | — | — | — |
| Share based payments | — | — | — | — | 36,011 | — | — | — | 36,011 |
| Dividends on common stock ($12.50 per share) | — | — | — | — | — | (373,633) | — | — | (373,633) |
| Dividends on preferred stock | — | — | — | — | — | (7,457) | — | — | (7,457) |
| Net income | — | — | — | — | — | 445,054 | — | 5,748 | 450,802 |
| Remeasurement of B. Riley Principal 150 and 250 Merger Corporations subsidiary temporary equity | — | — | — | — | — | (18,182) | — | — | (18,182) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (15,497) | (15,497) |
| Contributions from noncontrolling interests | — | — | — | — | — | — | — | 13,680 | 13,680 |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | — | 13,625 | 13,625 |
| Other comprehensive loss | — | — | — | — | — | — | (257) | — | (257) |
| Balance, December 31, 2021 | 4,512 | $— | 27,591,028 | $3 | $413,486 | $248,862 | $(1,080) | $43,930 | $705,201 |
| Preferred stock issued | 33 | — | — | — | 874 | — | — | — | 874 |
| ESPP shares issued and vesting of restricted stock, net of shares withheld for employer taxes | — | — | 583,624 | — | (10,271) | — | — | — | (10,271) |
| Common stock repurchased and retired | — | — | (183,257) | — | (6,516) | — | — | — | (6,516) |
| Shares issued for acquisitions | — | — | 532,369 | — | 35,648 | — | — | — | 35,648 |
| Share based payments | — | — | — | — | 60,890 | — | — | — | 60,890 |
| Share based payments in equity of subsidiary | — | — | — | — | 125 | — | — | — | 125 |
| Vesting of shares in equity of subsidiary | — | — | — | — | (35) | — | — | 35 | — |
| Dividends on common stock ($4.00 per share) | — | — | — | — | — | (124,891) | — | — | (124,891) |
| Dividends on preferred stock | — | — | — | — | — | (8,008) | — | — | (8,008) |
| Net (loss) income | — | — | — | — | — | (159,829) | — | 5,803 | (154,026) |
| Remeasurement of B. Riley Principal 150 and 250 Merger Corporations subsidiary temporary equity | — | — | — | — | — | (1,354) | — | — | (1,354) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (11,731) | (11,731) |
| Contributions from noncontrolling interests | — | — | — | — | — | — | — | 21,160 | 21,160 |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | — | 182 | 182 |
| Other comprehensive loss | — | — | — | — | — | — | (1,390) | — | (1,390) |
| Balance, December 31, 2022 | 4,545 | $— | 28,523,764 | $3 | $494,201 | $(45,220) | $(2,470) | $59,379 | $505,893 |
| Common stock issued, net of offering costs | — | — | 2,090,909 | — | 114,507 | — | — | — | 114,507 |
| Preferred stock issued | 18 | — | — | — | 467 | — | — | — | 467 |
| ESPP shares issued and vesting of restricted stock and other, net of shares withheld for employer taxes | — | — | 1,445,050 | — | (7,591) | — | — | — | (7,591) |
| Common stock repurchased and retired | — | — | (2,174,608) | — | (69,479) | — | — | — | (69,479) |
| Shares issued for acquisition of a business | — | — | 51,952 | — | 2,111 | — | — | — | 2,111 |
| Remeasurement of Lingo redeemable minority interest | — | — | — | — | (6,283) | — | — | — | (6,283) |
| Share based payments | — | — | — | — | 44,278 | — | — | — | 44,278 |
| Share based payments in equity of subsidiary | — | — | — | — | 216 | — | — | — | 216 |
| Vesting of shares in equity of subsidiary | — | — | — | — | (257) | — | — | 257 | — |
| Dividends on common stock ($4.00 per share) | — | — | — | — | — | (126,104) | — | — | (126,104) |
|---|---|---|---|---|---|---|---|---|---|
| Dividends on preferred stock | — | — | — | — | — | (8,057) | — | — | (8,057) |
| Net loss | — | — | — | — | — | (99,910) | — | (5,575) | (105,485) |
| Remeasurement of B. Riley Principal 250 Merger Corporations subsidiary temporary equity | — | — | — | — | — | (1,994) | — | — | (1,994) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (8,497) | (8,497) |
| Contributions from noncontrolling interests | — | — | — | — | — | — | — | 5,592 | 5,592 |
| Acquisition of noncontrolling interests | — | — | — | — | — | — | — | 16,433 | 16,433 |
| Other | — | — | — | — | — | — | — | 860 | 860 |
| Other comprehensive income | — | — | — | — | — | — | 2,699 | — | 2,699 |
| Balance, December 31, 2023 | 4,563 | $— | 29,937,067 | $3 | $572,170 | $(281,285) | $229 | $68,449 | $359,566 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.