B. Riley Financial

Salted is a platform focused on developing and scaling healthier quick-service restaurant brands. The company operates an online cooking tutorial platform that offers subscription-based virtual cooking classes. Subscribers can access a variety of cooking video tutorials via the Internet, allowing aspiring chefs and individuals to learn cooking in an engaging and convenient manner. By providing this digital learning experience, Salted aims to promote better culinary practices without the traditional overhead costs associated with physical restaurant operations.

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

Scotch & Soda is a clothing company that designs, markets, and retails apparel for men, women, and children. Based in Amsterdam, the brand draws inspiration from diverse global influences, creating collections that reflect a blend of eras and styles. The company offers a wide range of products, including dresses, blazers, sweatshirts, skirts, trousers, jackets, footwear, and perfumes, catering to customers of all ages. Scotch & Soda prides itself on using quality fabrics and innovative designs that merge unexpected patterns and textures, resulting in unique and stylish garments. The brand’s approach is characterized by a passion for discovery, as its team seeks out inspiration from art, culture, and vintage elements during their explorations around the world.

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, primarily focused on water resource and agricultural development in eastern San Bernardino County. The company owns approximately 35,000 acres in the Cadiz and Fenner valleys, along with an additional 11,000 acres in the eastern Mojave Desert. Cadiz engages in organic farming, cultivating crops such as lemons, grapes, and various vegetables. A significant aspect of its operations is the Cadiz Water Project, which aims to partner with public water agencies to create a sustainable water supply for around 100,000 families in Southern California. This project is designed to capture and conserve native groundwater lost to evaporation, enhancing groundwater storage capacity and supporting regional water needs.

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 Partners is an investment banking firm based in Los Angeles, California, established in 2002. The firm specializes in providing a range of advisory services, including mergers and acquisitions, capital raising, and financial restructurings. It also offers expertise in distressed situations, leveraged management buy-outs, recapitalization, fairness opinions, valuation, private placements, and due diligence. FocalPoint serves various sectors, such as consumer products, industrial products, healthcare, information technology, business services, and media. In January 2022, FocalPoint Partners was acquired by B. Riley Financial.

Salted is a platform focused on developing and scaling healthier quick-service restaurant brands. The company operates an online cooking tutorial platform that offers subscription-based virtual cooking classes. Subscribers can access a variety of cooking video tutorials via the Internet, allowing aspiring chefs and individuals to learn cooking in an engaging and convenient manner. By providing this digital learning experience, Salted aims to promote better culinary practices without the traditional overhead costs associated with physical 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 international InsurTech company specializing in AI-driven point-of-sale insurance solutions. Its platform offers a wide range of insurance products including device protection, travel, motor, property, life, and digital insurance to consumers worldwide, with a significant presence in Asia. Bolttech's technology enables seamless connections between insurers, distributors, and customers, facilitating efficient buying and selling of insurance products.

Continuous Composites, Inc. is a manufacturer and supplier of advanced fiber 3D printing equipment, specifically focusing on its patented Continuous Fiber 3D printing (CF3D) technology. Established in 2015 and headquartered in Coeur d'Alene, Idaho, the company caters to diverse industries including aerospace, automotive, defense, and construction. CF3D technology combines the advantages of composite materials with additive manufacturing techniques, aiming to mitigate the high costs, lengthy production times, and design limitations associated with traditional manufacturing processes. This innovative approach allows for the creation of complex parts using customizable, snap-curing thermoset materials, thereby enhancing the application of composites 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 is a holding company that operates through two primary segments: brokerage and advisory services, and tax and accounting services. Its brokerage and advisory services include a range of financial offerings such as broker-dealer and investment advisory services, insurance product sales, and licensed mortgage brokerage services. These services are provided by its subsidiaries, which cater to both individual and institutional clients. Additionally, National Holdings offers investment banking, merger and acquisition advisory services, and securities trading, primarily targeting micro, small, and mid-cap companies. The tax and accounting services segment, delivered through its subsidiary Gilman Ciocia, Inc., provides tax preparation and accounting solutions. Through its diverse subsidiaries, National Holdings delivers comprehensive financial services to meet the needs of its clients.

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 solution tailored for independent investment advisors, banks, credit unions, and other financial institutions. The company offers discretionary investment management as well as advisory and sub-advisory services through its online web-based portal, which allows these institutions to support their clients effectively. In addition to its B2B services, IQvestment also caters directly to individual and high-net-worth investors, ensuring that its offerings meet a broad range of investment needs. The firm’s assets are managed by its executive team, which emphasizes a client-focused approach in its financial solutions.

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 specializing in thermal management solutions for consumer electronics and semiconductors. Founded in 2003 and based in Santa Clara, California, the company is known for its innovative Ventiva ICE™ technology, which offers an active, hybrid cooling solution devoid of moving parts or noise. This solid-state technology effectively addresses thermal management challenges in a variety of devices, including ultra-thin televisions, wireless chargers, automotive applications, IoT devices, laptops, and tablets. Ventiva's products, such as the Ventiva ICE™ S1 and S2 Solutions and the Ventiva ICE™ P1 Development Power Supply, are designed to enhance the performance and longevity of electronic devices by maintaining optimal operating temperatures. Ventiva is pioneering advancements in thermal management, marking a significant evolution in the electronics industry.

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 is a technology company founded in 2018 and based in Darien, Connecticut, that specializes in developing analytics for the evaluation of public company directors, officers, and corporate governance. The company offers a performance rating and analytics platform that provides data-driven assessments of individual contributions and governance practices. This platform includes features such as insider trading analytics, evaluations of equity grants, acquisitions, and dispositions, as well as shareholder voting history. By delivering transparent insights into the performance and governance of public companies, Boardroom Alpha aims to assist investors and organizations in 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 Studio, formerly known as bebe stores, inc., was involved in the design and production of contemporary women's apparel and accessories. The company marketed its products under the bebe and BEBE SPORT brand names through a network of over 200 retail stores, more than 100 international licensee-operated stores, and its online platform, bebe.com. Founded in 1976 and headquartered in Brisbane, California, Bebe Studio offered a distinctive line of women's fashion, although it currently does not have significant operations in this sector. In addition to its apparel business, the company also operated rent-to-own Buddy's Home Furnishings franchise stores in the southeastern U.S., providing furniture, appliances, and electronics through rent-to-own agreements.

Sonim Technologies specializes in manufacturing ultra-rugged mobile devices designed for task workers operating in harsh environments. The company offers a range of ruggedized smartphones, such as the XP8 and XP5s, along with industrial-grade accessories like remote speaker microphones and multi-bay charging systems. Additionally, Sonim provides cloud-based software services and portable communication solutions. Primarily serving wireless carriers in the United States and Canada, Sonim's customer base includes sectors such as transportation, construction, manufacturing, energy, utilities, and public services. The company is headquartered in Austin, Texas, and was founded in 1999.

Sonim Technologies specializes in manufacturing ultra-rugged mobile devices designed for task workers operating in harsh environments. The company offers a range of ruggedized smartphones, such as the XP8 and XP5s, along with industrial-grade accessories like remote speaker microphones and multi-bay charging systems. Additionally, Sonim provides cloud-based software services and portable communication solutions. Primarily serving wireless carriers in the United States and Canada, Sonim's customer base includes sectors such as transportation, construction, manufacturing, energy, utilities, and public services. The company is headquartered in Austin, Texas, and was founded in 1999.

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 & Company, established in 1989, is a full-service investment banking and asset management firm. It offers a range of services, including merger and acquisition advisory, institutional sales, trading, research, and principal investments. The company caters to middle-market clients, focusing on sectors such as consumer, industrials, energy, financial institutions, healthcare, real estate, and technology. FBR & Company was acquired by B. Riley FBR in 2017.

Eleven James operates as a subscription-based luxury watch service, offering members access to an extensive collection of high-end timepieces from renowned brands. Through its unique consignment model, the company allows members to temporarily wear and enjoy these watches, providing an alternative to traditional ownership while fostering a diverse and deep selection unavailable through conventional channels.

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.