Net income / (loss) attributable to Cohen & Company Inc.

$

(2,349

)

$

(6,601

)

$

(326

)

$

(9,238

)

Add: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. (1)

(6,028

)

-

(815

)

-

Add / (deduct): Adjustment (2)

18

-

(13

)

-

Net income / (loss) on a fully converted basis

$

(8,359

)

$

(6,601

)

$

(1,154

)

$

(9,238

)

Weighted average common shares outstanding - Basic

1,615,902

1,520,122

1,598,646

1,504,819

Unrestricted LLC Units exchangeable into Cohen & Company Inc. shares (1)

4,066,458

-

4,058,941

-

Restricted units or shares

-

Weighted average common shares outstanding - Diluted (3)

5,682,360

1,520,122

5,657,587

1,504,819

Net income / (loss) per common share - Basic

$

(1.45

)

$

(4.34

)

$

(0.20

)

$

(6.14

)

Net income / (loss) per common share - Diluted

$

(1.47

)

$

(4.34

)

$

(0.20

)

$

(6.14

)