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ACQUISITIONS (Tables)
 6 Months Ended
Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The fair value of acquisition consideration and preliminary purchase price allocation was as follows:
Consideration paid:
Cash$112,686 
Fair value of seller financing54,000 
Fair value of 2,400,000 RILYO shares issued in senior notes at $24.59 per share
59,016 
Fair value of 227,491 B. Riley common shares issued at $42.11 per share
9,580 
Fair value of 215,876 stock options attributable to service period prior to acquisition
5,749 
Fair value of deferred payments6,515 
Total consideration$247,546 
Assets acquired and liabilities assumed:
Cash and cash equivalents$18,810 
Accounts receivable91,039 
Prepaid and other assets90,289 
Right-of-use assets7,665 
Property and equipment8,320 
Other intangible assets89,000 
Accounts payable(54,553)
Accrued expenses and other liabilities(62,579)
Deferred income taxes(9,989)
Contingent consideration(2,212)
Lease liability(7,665)
Net tangible assets acquired and liabilities assumed168,125 
Goodwill79,421 
Total$247,546 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The following is a summary of identifiable intangible assets acquired and the related expected lives for the finite-lived intangible assets:
CategoryUseful lifeFair Value
Customer relationships9 years$50,000 
Internally developed software and other intangibles
1 to 3 years
4,000 
TradenamesN/A35,000 
Total$89,000 
Business Acquisition, Pro Forma Information The following unaudited pro forma financial information is presented to illustrate the estimated effects of the acquisition of Targus as if it had occurred on January 1, 2021.
Pro Forma (unaudited)
Three Months Ended June 30, 2022Six Months Ended June 30, 2022
Revenues$233,834 $575,121 
Net loss$(135,394)$(142,707)
Net loss attributable to B. Riley Financial, Inc.$(138,965)$(147,144)
Net loss attributable to common shareholders$(140,967)$(151,148)