Company: MGLD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001493152-25-021259
Chunk: 2

Company: Marygold Companies, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    Revenue 
     6,963  
     7,910 

    Cost of revenue 
     1,599  
     2,128 

    Gross profit 
     5,364  
     5,782 

    Operating expense 

    Salaries and compensation 
     2,469  
     3,147 
  
    General and administrative expense 
     2,055  
     2,565 
  
    Fund operations 
     1,525  
     1,412 
  
    Marketing and advertising 
     485  
     669 
  
    Depreciation and amortization 
     94  
     159 
  
    Total operating expenses 
     6,628  
     7,952 

    Loss from operations 
     (1,264) 
     (2,170)

    Other income (expense): 

    Interest and dividend income 
     85  
     151 
  
    Interest expense 
     (69) 
     (31)
  
    Gain on sale of Brigadier (see Note 6.) 
     521  
     - 
  
    Other income (expense), net 
     218  
     (19)
  
    Total other income, net 
     755  
     101 

    Loss before income taxes 
     (509) 
     (2,069)

    Benefit from income taxes 
     153 
     483 

    Net loss 
    $(356) 
    $(1,586)

    Weighted average shares of common stock 

    Basic 
     42,959  
     40,848 
  
    Diluted 
     42,959  
     40,848 

    Net loss per common share 

    Basic 
    $(0.01) 
    $(0.04)
  
    Diluted 
    $(0.01) 
    $(0.04)

The
accompanying notes are an integral part of these condensed consolidated financial statements.

5

THE
MARYGOLD COMPANIES, INC.

CONDENSED
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in
thousands)

(unaudited)

    Quarters Ended September 30, 

    2025  
    2024 

    Net loss 
    $(356)