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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Members' Equity Attributed to Legacy BMS Management Services LLC
Redeemable Convertible Preferred Stock
Class A Redeemable Convertible Preferred Stock
Redeemable Convertible Preferred Stock
Class B Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Class A Redeemable Convertible Preferred Stock
Additional Paid-in Capital
Class B Convertible Preferred Stock
Additional Paid-in Capital
Accumulated Deficit
Class A Redeemable Convertible Preferred Stock
Class B Convertible Preferred Stock
Total
Beginning balance at Dec. 31, 2022 $ 4,897                   $ 4,897
Redemption of Class B Preferred Units (165)                   (165)
Distributions (200)                   (200)
Net loss attributable to Binah Capital Group, Inc. post transaction 571                   571
Preferred stock, ending balance at Dec. 31, 2023                 $ 0    
Ending balance at Dec. 31, 2023 5,103                   5,103
Distributions (85)                   (85)
Net income prior to transaction 730                   730
Reverse merger and recapitalization of legacy BMS Management Services LLC $ (5,748)           $ 23,693 $ (17,961)     (16)
Reverse merger and recapitalization of legacy BMS Management Services LLC (in shares)       16,566,000              
Mezzanine Equity - Shares Issued in connection with PIPE financing   $ 14,400                 14,400
Mezzanine Equity - Shares Issued in connection with PIPE financing (in shares)   1,500,000                  
Issuance of Class A redeemable convertible preferred stock   $ 547                 547
Issuance of Class A redeemable convertible preferred stock (in shares)   55,000                  
Issuance of Class B convertible preferred stock     $ 1,500               1,500
Issuance of Class B convertible preferred stock (in shares)     150,000                
Dividends - Preferred stock         $ (1,094) $ (31)     (1,094) $ (31)  
Issuance of common stock in connection with exercise of warrants             416       416
Issuance of common stock in connection with exercise of warrants (in shares)       37,000              
Net loss attributable to Binah Capital Group, Inc. post transaction               (5,292)     (5,292)
Preferred stock, ending balance at Dec. 31, 2024   $ 14,947 $ 1,500           $ 14,947    
Preferred stock ending balance (in shares) at Dec. 31, 2024   1,555,000 150,000           1,555,000    
Ending balance at Dec. 31, 2024             $ 22,984 $ (23,253)     $ 16,178
Ending balance (in shares) at Dec. 31, 2024       16,603,000