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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic earnings per share is calculated by dividing (loss) income from continuing operations, (loss) income from discontinued operations, or net income (loss) by the weighted-average number of shares outstanding during the period. Diluted earnings per share is calculated by dividing (loss) income from continuing operations, (loss) income from discontinued operations, or net income (loss) by the weighted-average number of common shares outstanding, after giving effect to all dilutive potential common shares outstanding during the period. Securities that could potentially dilute basic net income per share in the future that were not included in the computation of diluted net income (loss) per share as the effect would be anti-dilutive were 2,483,159 and 3,282,390 during the three months ended March 31, 2025 and 2024, respectively, because to do so would have been anti-dilutive. Basic and diluted earnings per share were calculated as follows:
| Three Months Ended March 31,
| 2025 |  | 2024
| Continuing Operations |  | Discontinued Operations |  | Total |  | Continuing Operations |  | Discontinued Operations |  | Total
Net (loss) income | $ | (19,962) |  |  | $ | 3,395 |  |  | $ | (16,567) |  |  | $ | (61,301) |  |  | $ | 13,347 |  |  | $ | (47,954) |
Net (loss) income attributable to noncontrolling interests | (6,592) |  |  | — |  |  | (6,592) |  |  | (3) |  |  | 1,214 |  |  | 1,211 |
Net (loss) income attributable to B. Riley Financial, Inc. | (13,370) |  |  | 3,395 |  |  | (9,975) |  |  | (61,298) |  |  | 12,133 |  |  | (49,165) |
Preferred stock dividends | 2,015 |  |  | — |  |  | 2,015 |  |  | 2,015 |  |  | — |  |  | 2,015 |
Net (loss) income available to common shareholders | $ | (15,385) |  |  | $ | 3,395 |  |  | $ | (11,990) |  |  | $ | (63,313) |  |  | $ | 12,133 |  |  | $ | (51,180) |
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Weighted average common shares outstanding: |  |  |  |  |  |  |
Basic |  |  |  |  | 30,497,512 |  |  | 29,989,584 |
Effect of dilutive potential common shares: |  |  |  |  |  |  |
Restricted stock units and warrants |  |  |  |  | — |  |  | — |
Diluted |  |  |  |  | 30,497,512 |  |  | 29,989,584 |
Basic net (loss) income per common share: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | $ | (0.50) |  |  | $ | (2.11) |
Discontinued operations |  |  |  |  | 0.11 |  |  | 0.40 |
Basic loss per common share |  |  |  |  | $ | (0.39) |  |  | $ | (1.71) |
Diluted net (loss) income per common share: |  |  |  |  |  |  |
Continuing operations |  |  |  |  | $ | (0.50) |  |  | $ | (2.11) |
Discontinued operations |  |  |  |  | 0.11 |  |  | 0.40 |
Diluted loss per common share |  |  |  |  | $ | (0.39) |  |  | $ | (1.71) |

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