Company: MGLD
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001641172-25-009260
Chunk: 49

Company: Marygold Companies, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 49
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NOTES
TO CONDENSED CONSOLIDATED FINANCIALS STATEMENTS

(UNAUDITED)

NOTE
1. ORGANIZATION AND DESCRIPTION OF BUSINESS

The
Marygold Companies, Inc., (“Company,” “The Marygold Companies,” “we,” “our,” or “us”),
a Nevada corporation, is a diversified global holding company with a primary focus on the fund management and financial services industries
in the United States (“U.S.”) and the United Kingdom (“U.K.”), including the emerging Fintech space. The operations
of the Company’s wholly-owned subsidiaries are summarized as follows:

    ●
    U.S.
    Fund Management - USCF Investments, Inc., a Delaware corporation (“USCF Investments”), with corporate headquarters in
    Walnut Creek, California and its wholly-owned subsidiaries which provide fund management services to exchange traded funds:

    ○
    United
    States Commodity Funds, LLC, a Delaware limited liability company (“USCF LLC”), and

    ○
    USCF
    Advisers, LLC, a Delaware limited liability company (“USCF Advisers”). The principal place of business for each of USCF
    LLC and USCF Advisers is in Walnut Creek, California.

    ●
    Food
    Products – Gourmet Foods, Ltd., a registered New Zealand company located in Tauranga, New Zealand and its wholly-owned subsidiary,
    Printstock Products Limited, a registered New Zealand company, with its principal manufacturing facility in Napier, New Zealand.

    ●
    Security
    Systems – Brigadier Security Systems (2000) Ltd., a Canadian registered corporation, with locations in Regina and Saskatoon,
    Saskatchewan, Canada.

    ●
    Beauty
    Products - Kahnalytics, Inc., a California corporation, doing business as “Original Sprout,” located in San Clemente,
    California.

    ●
    U.S.
    and U.K. Financial Services:

    ○
    Marygold
    & Co., a Delaware corporation, based in Walnut Creek, California, and its wholly-owned subsidiary, Marygold & Co. Advisory Services,
    LLC, a Delaware limited liability company, whose principal business office is also in Walnut Creek, California;

    ○
    Marygold
    & Co., (UK) Limited, a private limited company incorporated and registered in England and Wales, whose registered office is in
    London, England, and its wholly-owned subsidiaries:

    ■
    Marygold
    &