Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Below Is A Table With Further Detail On The Company’s Securities

Below is a table with further detail on the Company’s securities.

Type of Security	Classification	Consolidated Statements of Financial Condition	Recording of Realized and Unrealized Gain or Loss
Certificates of deposit, Corporate bonds, municipal securities, options	Trading	Securities owned, at fair value	Principal transactions and proprietary trading
Equities	Trading	Securities owned, at fair value; Securities sold, not yet purchased at fair value	Market making, Principal transactions and proprietary trading
U.S. government securities	Trading	Securities owned, at fair value	Principal transactions and proprietary trading
U.S. government securities	Trading	Cash and securities segregated for regulatory purposes	Principal transactions and proprietary trading

Schedule of Estimated Useful Lives

Estimated useful lives are as follows:

Type		Useful Life
Property		40 years
Property improvements		10 years
Leasehold improvements		Lesser of useful life or lease term
Office facilities and equipment		4 to 5 years

Schedule of Company’s Recognition of Revenue From Contracts With Customers As Well As Revenues From Financial Instruments

The table below presents detailed information on the Company’s recognition of revenue from contracts with customers as well as revenues from financial instruments, which are outside the scope of Topic 606, by major types of services for the periods indicated.

	Year Ended December 31,
	2024			2023
Revenues from Contracts with Customers
Principal transactions and proprietary trading
Riskless principal transactions with customers	$	14,130,000		$	9,096,000

Commissions and fees
Brokerage commissions		7,629,000			5,927,000
Distribution fees		1,365,000			1,167,000
Insurance commissions		621,000			447,000

Stock borrow / stock loan
Retail fees (rebates)		(5,000	)		(78,000	)
Stock locate services		16,892,000			12,901,000

Other income
Administrative fees		1,888,000			519,000
Payment for order flow		1,454,000			1,114,000
Other commissions		48,000			265,000

Advisory fees		2,369,000			1,928,000

Total revenues from contracts with customers	$	46,391,000		$	33,286,000

Revenue outside the scope of Topic 606
Principal transactions and proprietary trading
Proprietary trading		486,000			3,997,000

Interest, marketing and distribution fees
Margin interest		15,440,000			16,236,000
Interest income		14,933,000			11,618,000
Marketing and distribution fees		2,034,000			1,724,000

Stock borrow / stock loan
Stock rebate revenue		2,362,000			3,349,000

Market making		2,255,000			1,304,000

Total revenue outside the scope of Topic 606		37,510,000			38,228,000

Total revenue	$	83,901,000		$	71,514,000

SIEBERT FINANCIAL CORP 10-K/A