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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue from Contracts with Customers:        
Commissions $ 33,998 $ 33,663 $ 75,137 $ 68,057
Advisory fees 6,627 6,320 13,542 12,004
Total Revenue from Contracts with Customers 40,625 39,983 88,679 80,061
Interest and other income 872 665 1,752 2,034
Total revenues 41,497 40,648 90,431 82,095
Expenses:        
Commissions and fees 32,740 33,352 73,038 67,007
Employee compensation and benefits 4,926 3,594 9,277 7,051
Rent and occupancy 286 290 571 585
Professional fees 713 602 1,249 4,939
Technology fees 690 480 1,443 842
Interest 543 795 1,109 1,857
Depreciation and amortization 183 293 370 594
Other 1,977 1,765 2,480 1,187
Total expenses 42,058 41,171 89,537 84,062
Income (loss) before provision for income taxes (561) (523) 894 (1,967)
Provision for income taxes 93 213 516 352
Net income (loss) (654) (736) 378 (2,319)
Net income attributable to Legacy Wentworth Management Services LLC members       730
Net income (loss) attributable to Binah Capital Group, Inc. $ (654) $ (736) $ 378 $ (3,049)
Net income (loss) per share - Basic (in dollars per share) $ (0.04) $ (0.04) $ 0.02 $ (0.18)
Net income (loss) per share - Diluted (in dollars per share) $ (0.04) $ (0.04) $ 0.02 $ (0.18)
Weighted average shares: basic (in shares) 16,602 16,573 16,602 16,573
Weighted average shares: diluted (in shares) 16,602 16,573 16,602 16,573