Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 213

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1A
Chunk 213
---
(in
thousands, except per share data)

    2025  
    2024 

    Year Ended June 30, 

    2025  
    2024 

    Revenue 

    Fund management - related party 
    $17,135  
    $18,965 
  
    Food products 
     6,720  
     7,271 
  
    Beauty products 
     2,974  
     3,296 
  
    Security systems 
     2,471  
     2,655 
  
    Financial services 
     854  
     649 
  
    Revenue 
     30,154  
     32,836 

    Cost of revenue 
     8,282  
     8,720 

    Gross profit 
     21,872  
     24,116 

    Operating expense 

    Salaries and compensation 
     11,366  
     11,150 
  
    General and administrative expense 
     8,891  
     8,942 
  
    Fund operations 
     5,222  
     5,154 
  
    Marketing and advertising 
     2,493  
     3,152 
  
    Impairment loss 
     -  
     1,389 
  
    Depreciation and amortization 
     590  
     585 
  
    Total operating expenses 
     28,562  
     30,372 

    Loss from operations 
     (6,690) 
     (6,256)

    Other (expense) income: 

    Interest and dividend income 
     1,399  
     756 
  
    Interest expense 
     (1,172) 
     (16)
  
    Other (expense) income, net 
     (919) 
     68 
  
    Total other (expense) income, net 
     (692) 
     808 

    Loss before income taxes 
     (7,382) 
     (5,448)

    Benefit from income taxes 
     1,562  
     1,379 

    Net loss 
    $(5,820) 
    $(4,069)

    Weighted average shares of common stock 

    Basic 
     41,701