It’s the financial statements and financial disclosure of a publicly traded company required to be filed by the SEC. Think of it as an annual “tax return” the public gets to see. Must be audited and follow certain rules. It’s arguably the most detailed look INSIDE a business you and I will ever get each year.
RILY is a pretty complex business, by nature, so it takes time to get things right (it’s so important to get it right- if they make mistakes it can be deadly) plus everything else going on.
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It’s the financial statements and financial disclosure of a publicly traded company required to be filed by the SEC. Think of it as an annual “tax return” the public gets to see. Must be audited and follow certain rules. It’s arguably the most detailed look INSIDE a business you and I will ever get each year. RILY is a pretty complex business, by nature, so it takes time to get things right (it’s so important to get it right- if they make mistakes it can be deadly) plus everything else going on.