B. Riley Financial

Salted is an online platform focused on developing and scaling better-for-you quick-service restaurant brands. The company offers subscription-based virtual cooking classes that allow users to access cooking video tutorials online. This approach enables aspiring chefs and cooking enthusiasts to learn culinary skills in an enjoyable and convenient manner, all while eliminating the overhead associated with traditional restaurant operations.

Crawford & Winiarski offers damages analysis, litigation support, accounting investigations, financial reporting, and consultation services.

Scotch & Soda is a fashion brand that designs, markets, and retails apparel and accessories for men, women, and children. The company draws inspiration from global cultures, with a creative process rooted in the vibrant city of Amsterdam. Its team of passionate explorers seeks out unique artifacts, vintage pieces, and artistic influences from around the world, which inform their diverse collections. Scotch & Soda offers a wide range of products, including dresses, blazers, sweatshirts, skirts, trousers, jackets, footwear, and perfumes, catering to customers of all ages. The brand is known for its distinctive ability to blend different styles, fabrics, and patterns, resulting in signature looks that reflect a harmonious clash of eras and inspirations.

Cart.com is a leading provider of comprehensive commerce and logistics solutions that enable B2C and B2B companies to operate seamlessly across various channels. The company supports over 6,000 customers, including well-known consumer brands and complex B2B organizations, by offering a unified platform for business planning, merchant financing, order fulfillment, and marketing services. With a workforce of more than 1,000 employees, including AI and data scientists, and a network of 14 warehouses nationwide, Cart.com is well-positioned to assist middle market and enterprise-level companies in scaling their online operations and enhancing revenue.

Core Scientific, Inc. is a technology company specializing in blockchain and artificial intelligence services, including hosting, transaction processing, and application development. Established in 2017 and headquartered in Bellevue, Washington, the company was previously known as MineCo Holdings, Inc. until its rebranding in June 2018. Core Scientific provides extensive blockchain infrastructure and offers digital asset self-mining and premium hosting services for clients. Its operations are divided into two main segments: Equipment Sales and Hosting, which encompass blockchain infrastructure and third-party hosting, and a Mining segment focused on digital asset mining. The company generates revenue through consumption-based contracts and by leveraging its own computer equipment for mining activities. Core Scientific is recognized for its in-house management and monitoring solutions that integrate hosting with data analytics, ensuring efficient operation and oversight.

Lilium GmbH is an aviation company based in Wessling, Germany, focused on providing an on-demand air taxi service to enhance urban and suburban mobility. Founded in 2015, Lilium has developed the Lilium Jet, a fully-electric vertical take-off and landing aircraft designed to facilitate regional travel that is significantly faster than traditional rail or road options while remaining competitively priced. The Lilium Jet, which can accommodate seven passengers, is engineered for high performance with low noise emissions, supporting the company's goal of creating a sustainable and efficient transportation network for people and goods. The company's journey began with the successful first flight of its demonstrator aircraft in 2019, marking a significant milestone in its mission to revolutionize air mobility.

We take care of everything from site plan design, engineering, installation, operation and maintenance. Our end-to-end service plan makes it easy for property owners and operators to offer the value-add amenity of controlled access EV charging to their tenants, colleagues and customers without the burden of upfront capital expenditures. LaaS (Loop-as-a-Service) program participants utilize a portion of the estimated revenue generated from their EV charging stations to pay a fixed month term payment over a pre-determined period. This plan allows site hosts to receive upgrades immediately, be cash positive from day 1, and instantly increase the value of their property without ever going out of pocket.

Tritium offers energy freedom through flexible, scalable technology solutions that enable electric vehicle charging for everyone, everywhere it is needed. It is Veefil electric vehicle charging stations that support the adoption and growth of low-emission e-mobility in over 20 countries around the world.

Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.

Quantum Corp. is a global specialist in backup, recovery, and archive solutions trusted by over 50,000 customers worldwide. Their best-of-breed, open systems platforms, including DXi-Series for fast backup and restore, Scalar for disaster recovery and data retention, and StorNext for high-performance file sharing and archiving, offer significant storage efficiencies and cost savings while minimizing risk. Quantum helps businesses of all sizes address their data protection, retention, and management challenges with scalable and efficient solutions.

Exela Technologies is a leader in business process automation (BPA), offering a range of enterprise software and solutions tailored for specific industries as well as general applications. The company serves vital sectors such as banking, healthcare, and insurance, providing solutions that enhance operational efficiency in mission-critical environments. Exela's BPA suite includes workflow automation, cognitive automation, digital mailrooms, print communications, and payment processing, demonstrating its capability to streamline complex processes. The company operates through various segments, notably Information and Transaction Processing Solutions, which is its primary revenue source, along with Healthcare Solutions and Legal and Loss Prevention Services. With a global presence, Exela Technologies leverages its extensive experience to meet the evolving needs of its clients across multiple industries.

Greenidge is a 106MW natural gas power plant and blockchain mining facility. Greenidge Generation has been transformed into a power plant for the twenty-first century. In January 2020, Greenidge launched the first phase of a data center for blockchain mining. Greenidge was established in 1937 and is based in Dresden, New York, United States.

Cadiz Inc. is a natural resources development company based in Los Angeles, California, focusing on water resource and agricultural development in San Bernardino County. The company owns approximately 35,000 acres in the Cadiz and Fenner valleys, along with 11,000 acres in the eastern Mojave Desert. Cadiz is engaged in organic farming, cultivating lemons, grapes, and various vegetables on its properties. A significant aspect of its operations is the Cadiz Water Project, which aims to partner with public water agencies to enhance water supply for around 100,000 families in Southern California and create up to 1 million acre-feet of groundwater storage capacity. Additionally, the company is dedicated to the conservation and recovery of native groundwater, which is crucial for sustainable water management in the region. Cadiz, founded in 1983, continues to pursue initiatives that integrate land and water resource development with agricultural practices.

Avathon is an innovative artificial intelligence technology startup specializing in AI solutions for industrial applications. The company is recognized for its cutting-edge technology, particularly in developing AI-powered cyber-physical software aimed at enhancing the safety, security, and reliability of IT, operational technology (OT), and the Internet of Things (IoT). Avathon's technology harnesses real-time sensor data to continuously learn and improve, which facilitates more effective risk mitigation and disaster prevention strategies. Its flagship product, DeepArmor, employs advanced machine learning and artificial intelligence to accurately detect and prevent malware threats. By leveraging its award-winning technology and expert teams, Avathon assists clients in analyzing complex data, enhancing decision-making processes, and boosting productivity across various sectors, including defense and finance.

FocalPoint is a leading investment bank that provides results-oriented advisory services across industries and deal types.

Salted is an online platform focused on developing and scaling better-for-you quick-service restaurant brands. The company offers subscription-based virtual cooking classes that allow users to access cooking video tutorials online. This approach enables aspiring chefs and cooking enthusiasts to learn culinary skills in an enjoyable and convenient manner, all while eliminating the overhead associated with traditional restaurant operations.

272 Capital is a registered investment advisor which seeks to provide attractive risk-adjusted returns through a long/short equity strategy with low net exposure.

Kitopi is a Kitchen as a Service (KaaS) platform that provides restaurants with the essential infrastructure and software needed to establish delivery-only locations efficiently and cost-effectively. Founded in 2018 by Mohamad Ballout, Saman Darkan, Bader Ataya, and Andy Arenas, the company operates a network of over 60 cloud kitchens across the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain. Kitopi's offerings include kitchen infrastructure, management services, call assistance, delivery management, trained staff, and industry-specific technology, allowing restaurateurs to focus on their culinary creations while minimizing capital expenditure and time. Although Kitopi expanded into the United States in 2019, it exited the market following the onset of the pandemic.

Bolttech is an InsurTech company that specializes in an AI-driven point-of-sale insurance platform, designed to create a technology-enabled ecosystem for protection and insurance. The platform provides a comprehensive range of offerings, including device protection, travel, motor, property, life insurance, and digital insurance, catering to the needs of consumers. By leveraging digital and data-driven capabilities, bolttech facilitates connections between insurers, distributors, and customers, streamlining the process of buying and selling insurance and protection products. The company is focused on expanding its presence internationally, particularly in Asia, to enhance accessibility and efficiency in the insurance market.

Continuous Composites, Inc. specializes in manufacturing and supplying advanced fiber 3D printing equipment, particularly its patented Continuous Fiber 3D printing (CF3D) technology. Founded in 2015 and based in Coeur d'Alene, Idaho, the company serves a diverse range of industries, including aerospace, automotive, defense, and construction. The CF3D solution harnesses composite materials in an additive manufacturing process, significantly addressing the challenges of high costs, lengthy lead times, and design limitations associated with traditional manufacturing methods. By providing tailorable, snap-curing thermoset materials, Continuous Composites enhances the application of composites in the production of complex parts, thereby facilitating innovation and efficiency across various sectors.

Liteboxer Technologies, Inc. is a consumer electronics company based in Hampton, New Hampshire, that specializes in smart fitness solutions. Founded in 2017, the company designs and manufactures a unique boxing workout system that combines rhythm technology with engaging exercise routines. The Liteboxer platform features a hardware solution that guides users on where and when to punch during their workouts, while also tracking striking power and accuracy. The system synchronizes lights to the beat of music, creating an immersive and interactive experience. Liteboxer products are available for purchase online, catering to individuals seeking an innovative way to enhance their fitness routines at home.

BloomNation operates as an online marketplace for floral arrangements, founded in 2010 and headquartered in Santa Monica, California. It connects consumers with local florists and artisans, allowing them to discover and send flowers or gifts online. Florists can create profiles on BloomNation's platform, upload their designs, manage inventory and customers, utilize email marketing tools, and build a website for their business.

National Holdings Corporation (National) is a holding company. The Company's segments include brokerage and advisory services, tax and accounting services, and corporate. Its brokerage and advisory services segment includes broker-dealer and investment advisory services, sale of insurance products and licensed mortgage brokerage services provided by the Broker-Dealer Subsidiaries, National Asset Management, Inc., National Insurance Corporation, Prime Financial Services and GC Capital Corporation. Its tax and accounting services segment includes tax preparation and accounting services provided by Gilman Ciocia, Inc. The Company, through its subsidiaries, provides various financial services. Through National's broker-dealer and investment advisory subsidiaries, it offers retail brokerage to individual and institutional clients; provide investment banking, merger and acquisition and advisory services to micro, small and mid-cap companies and is engaged in trading securities.

Eos develops innovative, low-cost energy storage solutions for the electric utility, solar, and C&I industries. Its battery solutions ensure renewables are as reliable and competitive as the market expects and sustainable as the world needs.

IQvestment Holdings is a fintech company based in Woburn, Massachusetts, established in 2008. It specializes in providing a business-to-business eCommerce platform that offers discretionary investment management and advisory services. The firm serves independent investment advisors, banks, credit unions, and other institutions, enabling them to utilize its online portal for managing their clients' investments. Additionally, IQvestment offers similar services directly to individual and high-net-worth investors. The management of assets is overseen by the firm's executive team, ensuring a focused approach to investment strategies and client service.

The Arena Group Holdings is a media and technology company that specializes in developing and managing digital publishing platforms. It owns a diverse portfolio of brands across various sectors, including finance, sports, and lifestyle, and collaborates with other publishers to enhance its offerings. The company is dedicated to audience growth and revenue optimization, providing engaging content experiences that resonate with consumers. By leveraging its technology and editorial expertise, The Arena Group creates dynamic digital destinations that deliver impactful journalism and news on topics such as sports, personal finance, and lifestyle. The majority of its revenue is derived from digital channels, and the company focuses on utilizing advanced capabilities in direct sales, programmatic advertising, and data analytics to drive traffic and engagement.

Ventiva, Inc. is a manufacturer based in Santa Clara, California, specializing in thermal management solutions, consumer electronics, and semiconductors. Founded in 2003, the company has developed innovative products such as the Ventiva ICE™ S2 Solution, Ventiva ICE™ S1 Solution, and the Ventiva ICE™ P1 Development Power Supply. Central to its offerings is the Ionic Cooling Engine, an advanced cooling technology that addresses thermal management challenges in various consumer electronic devices, including laptops, ultra-thin TVs, and IoT applications. Ventiva ICE utilizes a unique active, hybrid cooling system that operates without moving parts or noise, making it suitable for next-generation electronics. This technology represents a significant advancement in thermal management, enabling clients to effectively control device temperatures while enhancing design flexibility. Ventiva ICE is currently being sampled to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) worldwide.

SRAX, Inc. is a digital marketing and data technology company based in Los Angeles, California, founded in 2009. The company specializes in providing tools for marketing and advertising communication in the United States, employing machine learning technology to analyze marketing data and identify core consumer characteristics across various channels. SRAX offers a software as a service (SaaS) platform known as SRAX IR, which assists companies in managing their shareholder base by tracking holdings and investor contact information while identifying trends in security transactions. Additionally, SRAX operates the BIGToken platform, a consumer data management system that rewards users for providing and verifying their data. The company also delivers services in data management, audience optimization, and multi-channel marketing. SRAX markets its offerings through an in-house sales team and industry-specific events, having rebranded from Social Reality, Inc. in August 2019.

Boardroom Alpha, founded in 2018 and headquartered in Darien, Connecticut, specializes in developing analytics that assess public company directors, officers, and corporate governance. The company offers a performance rating and analytics technology platform that provides data-driven evaluations of individual performances and governance practices. Its services include insider trading analytics related to equity grants, acquisitions, and dispositions, as well as shareholder voting history and analytics. This comprehensive approach enables investors and companies to gain a transparent view of corporate governance and make informed decisions, ultimately aimed at creating long-term value.

GlassRatner Advisory & Capital Group LLC is a specialty financial advisory firm based in Atlanta, Georgia, established in 2001. It offers a wide range of services including mergers and acquisitions, business refinancing, valuation, due diligence, and advisory for both buy and sell-side transactions. The firm also specializes in bankruptcy consulting, turnaround management, forensic accounting, and fraud investigations. GlassRatner serves various sectors, such as healthcare, financial services, automotive, telecommunications, media, construction, and real estate. The firm aims to provide tailored solutions to complex business challenges, assisting clients in navigating significant corporate issues, including crisis management and litigation. As of mid-2018, GlassRatner operates as a subsidiary of B. Riley Financial, Inc.

bebe Stores is a retail company for contemporary fashion. The fashion retailer markets its merchandise under the bebe and bebe outlet names through more than 200 retail stores, more than 100 international-licensee operated stores, and bebe.com. bebe was founded in 1976 and is based in Brisbane, California.

Sonim Technologies, Inc. specializes in the production of ultra-rugged mobile phones and accessories tailored for task workers in demanding environments. The company offers a range of products, including models like the Sonim XP8, XP5s, and XP3, which operate on the Android platform and can connect to various wireless networks. In addition to mobile devices, Sonim provides industrial-grade accessories such as remote speaker microphones, multi-bay chargers, and hands-free communication solutions. The company also develops cloud-based software and application services, enhancing the functionality of its rugged devices. Sonim primarily serves wireless carriers in the United States and Canada, catering to sectors like transportation, construction, manufacturing, and public services. Founded in 1999 and headquartered in Austin, Texas, Sonim Technologies has established itself as a leader in rugged mobile solutions, focusing on the needs of professionals who operate in harsh conditions.

Sonim Technologies, Inc. specializes in the production of ultra-rugged mobile phones and accessories tailored for task workers in demanding environments. The company offers a range of products, including models like the Sonim XP8, XP5s, and XP3, which operate on the Android platform and can connect to various wireless networks. In addition to mobile devices, Sonim provides industrial-grade accessories such as remote speaker microphones, multi-bay chargers, and hands-free communication solutions. The company also develops cloud-based software and application services, enhancing the functionality of its rugged devices. Sonim primarily serves wireless carriers in the United States and Canada, catering to sectors like transportation, construction, manufacturing, and public services. Founded in 1999 and headquartered in Austin, Texas, Sonim Technologies has established itself as a leader in rugged mobile solutions, focusing on the needs of professionals who operate in harsh conditions.

magicJack VocalTec Ltd. is a cloud communications company based in the United States that specializes in voice-over-Internet-Protocol (VoIP) solutions. The company offers a range of products, including various magicJack devices that enable users to make free telephone calls wherever broadband access is available. Its device lineup includes the magicJack, magicJack PLUS, and magicJack GO, which provide VoIP phone services for home and enterprise users. Additionally, the magicJack APP allows smartphone users to make and receive calls using their magicJack accounts. The company also offers a hosted unified communication service and sells hardware and network equipment to large corporate clients, while providing VoIP services to small and medium-sized businesses. magicJack VocalTec distributes its products through retail outlets and direct sales, catering to various telecommunication providers globally. Founded in 1989 and headquartered in Netanya, Israel, magicJack VocalTec has evolved to focus on next-generation telephony solutions, facilitating the migration of traditional telephony networks to modern, packet-based infrastructures.

Wunderlich Securities, founded in 1996 in Memphis, Tennessee, is a full-service investment firm that caters to individuals, corporations, and institutional clients through its wealth management, investment banking, and capital markets divisions. Initially focused on individual investors in the Memphis area, the firm quickly expanded its reach by attracting advisors and establishing branch locations, including a significant presence in Houston, Texas. Over the years, Wunderlich has grown its offerings to include institutional sales, trading, and research, launching its Fixed Income and Equity Capital Markets divisions. The firm has received strategic investments from private equity firms, which have supported its expansion. Notably, in 2015, Wunderlich acquired Dominick & Dominick, a well-established firm, enhancing its wealth management capabilities. By mid-2015, Wunderlich employed around 500 associates across more than 25 locations in 17 states, managing over $10 billion in client assets. The firm has been recognized as one of the fastest-growing private companies in the United States and remains committed to serving its clients effectively.

FBR & Co is a full-service investment banking and asset management firm that emphasizes a client-focused approach. It offers a range of services, including merger and acquisition advisory, institutional brokerage, trading, and research. The firm targets the middle market and specializes in various industry sectors such as consumer goods, diversified industrials, energy and natural resources, financial institutions, healthcare, insurance, real estate, and technology, media, and telecommunications. Additionally, FBR engages in principal investments, utilizing its own capital for merchant banking opportunities. The firm was acquired by B. Riley FBR in 2017, enhancing its capabilities and market presence.

Eleven James is a luxury timepiece membership brand that offers a modern approach to experiential luxury through a subscription model. Members can select and wear a curated collection of thousands of exquisite timepieces from over 30 prestigious brands for limited periods, allowing them to explore and enjoy luxury without the constraints of ownership. By establishing a unique consignment channel for luxury watches, Eleven James provides a diverse selection that surpasses traditional wholesalers and retailers, redefining the luxury watch experience for its clientele.

United Online, Inc. is a prominent provider of consumer products and services delivered over the Internet, with a substantial online audience exceeding 100 million registered accounts. Headquartered in Woodland Hills, California, the company operates through three segments: Communications, Commerce & Loyalty, and Social Media. The Communications segment offers various Internet access services including dial-up, mobile broadband, and DSL under the NetZero and Juno brands, along with additional services such as email and web hosting. The Commerce & Loyalty segment focuses on loyalty marketing through the MyPoints brand and provides shopping options via online portals and apps. The Social Media segment delivers networking services under the StayFriends and Trombi brands, facilitating connections among users with shared high school affiliations while offering advertising opportunities across its platforms. United Online has a global presence, with operations extending to Germany, Sweden, Austria, Switzerland, and France. The company was founded in 2001 and has since established itself as a key player in the online service industry.