{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-121690","form_type":"8-K","ticker":"RILY","cik":"0001464790","company_name":"BRC Group Holdings, Inc.","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.458835+00:00","generated_at":"2026-05-16T13:12:08.150734+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"B. Riley Q2 net income $137.5M, EPS $4.50; files 10-Q ahead of Nasdaq deadline","bullets":["Net income $137.5M vs net loss $435.6M in Q2 2024; includes $66.8M GlassRatner gain and $44.5M note exchange gains.","Revenue $225.3M vs $94.9M in prior year, driven by absence of fair value adjustments that had depressed 2024 revenue.","Operating adjusted EBITDA from continuing ops $38.5M, up from $31.2M in Q2 2024.","Total debt reduced to $1.46B from $1.77B at Dec 31, 2024; net debt $824.8M.","Filed Q2 2025 Form 10-Q on Dec 15, meeting Nasdaq’s Dec 23 compliance deadline; Q3 filing targeted by Jan 20, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-121690","json":"https://secwatch.observer/filing/0001213900-25-121690.json","markdown":"https://secwatch.observer/filing/0001213900-25-121690.md","text":"https://secwatch.observer/filing/0001213900-25-121690.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464790/000121390025121690/0001213900-25-121690-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464790/000121390025121690/ea0269663-8k_briley.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:12:08.150734+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}