Company: MGLD
Filing Date: 2025-02-05
Form Type: 10-Q
Source: 0001493152-25-005002
Chunk: 0

Company: Marygold Companies, Inc.
Filing Date: 2025-02-05
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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THE
MARYGOLD COMPANIES, INC.

CONDENSED
CONSOLIDATED BALANCE SHEETS

(in
thousands, except per share data)

(unaudited)

    December 31, 2024  
    June 30, 2024 
  
    ASSETS 

    CURRENT ASSETS 

    Cash and cash equivalents 
    $5,677  
    $5,461 
  
    Accounts receivable, net (of which $1,520 and $1,455, respectively, due from related parties) 
     2,292  
     2,678 
  
    Inventories 
     2,189  
     2,191 
  
    Prepaid income tax and tax receivable 
     2,246  
     1,338 
  
    Investments, at fair value 
     9,232  
     9,551 
  
    Other current assets 
     961  
     3,034 
  
    Total current assets 
     22,597  
     24,253 

    Restricted cash 
     61  
     62 
  
    Property and equipment, net 
     1,021  
     1,166 
  
    Operating lease right-of-use assets 
     1,262  
     974 
  
    Goodwill 
     2,481  
     2,481 
  
    Intangible assets, net 
     1,218  
     1,375 
  
    Deferred tax assets, net 
     1,969  
     1,969 
  
    Other assets 
     2,389  
     619 
  
    Total assets 
    $32,998  
    $32,899 

    LIABILITIES AND STOCKHOLDERS’ EQUITY 

    CURRENT LIABILITIES 

    Accounts payable and accrued expenses 
    $3,782  
    $4,021 
  
    Lease liabilities, current portion 
     627  
     620 
  
    Purchase consideration payable, current portion 
     235  
     277 
  
    Notes payable, current portion 
     3,517  
     315 
  
    Total current liabilities 
     8,161  
     5,233 

    Notes payable, net of current portion 
     376  
     -