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  "documentTitle": "B. Riley Financial, Inc. (RILY)",
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  "authorName": "Wolfpack Research",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "The tone is highly critical, using terms like 'dumpster fire'.",
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      "text": "We are not surprised that things have degenerated completely at RILY. No one can predict the future, but we think the most likely outcomes for RILY are the following:",
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      "text": "They receive a qualified audit opinion from Marcum on their 2023 10-K, at best.\nMarcum resigns and RILY’s 2023 10-K is never actually filed.\nFire sales of all possible assets to remain solvent – although this likely wouldn’t be enough to satisfy RILY’s creditors.\nChapter 7 bankruptcy.",
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      "kind": "paragraph",
      "text": "Only time will tell. We’ll continue to sit back and watch the show.",
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      "text": "As you can see, we have been watching this dumpster fire for quite some time. We have published three reports, two on RILY and another on APLD which you can review on our website, or on the Bloomberg Terminal under our research provider ID “WLF.”",
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