TETAR......Teton Advisors, Inc. and Subsidiaries
Condensed Consolidated Statements of Financial Condition
` (Unaudited)
June 30, December 31,
2022 2021
ASSETS
Cash and cash equivalents $ 21,506,861 13,086,588 $
Investment advisory fees receivable 1,125,947 1, 374,135
Distribution and shareholder service expense reimbursement receivable 43,537 53,086
Receivable from affiliates 2,800 1,900
Investment in securities - 1,476,608
Income tax receivable - 79,731
Contingent deferred sales commissions 8,866 17,827
Deferred tax asset 3, 3,421,366 452,913
Intangible assets, net (Note B) 3, 3,536,960 699,909
Right-of-use assets 328,140 385,352
Other assets (net of accumulated depreciation of $38,541 and $46,326 respectively) 474,717 276,039
Total assets $ 30,768,922 23,584,360 $
LIABILITIES AND STOCKHOLDERS' EQUITY
Due to broker $ 7, - $ 999,316
Compensation payable 656,394 707,926
Payable to affiliates 266,221 395,745
Distribution costs payable 224,809 233,409
Income tax payable 23,225 -
Lease liabilities 376,076 447,469
Accrued expenses and other liabilities 1, 1, 144,862 205,724
Total liabilities 11, 2,668,362 012,814
Stockholders' equity:
Preferred stock, $0.001 par value; 350,000 and 80,000 shares authorized; none issued and outstanding - -
Class A Common stock, $0.001 par value; 5,150,000 and 1,700,000 shares authorized;
1,036,735 and 1,036,706 shares issued, respectively;
989,928 and 991,395 outstanding, respectively 977 974
Class B Common stock, $0.001 par value; 2,000,000 and 800,000 shares authorized;
792,000 shares issued; 329,064 and 329,092 shares outstanding, respectively 339 339
Additional paid-in capital 5, 5,599,481 297,930
Treasury stock, at cost (46,807 class A shares and 443 class B shares
and 45,311 class A shares and 443 class B shares, respectively) (1, (1,206,355) 185,409)
Retained earnings 15, 16,521,556 642,274
Total stockholders' equity 20,915,998 19, 756,108
Total liabilities and stockholders' equity 23,584,360 $ 30,768,.................................................................
