Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 175

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1A
Chunk 175
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 reporting company under the Securities Exchange Act, we are subject to the rules and regulations established from time to time
by the SEC and the PCAOB. These rules and regulations require, among other things, that we establish and periodically evaluate procedures
with respect to our internal control over financial reporting. In addition, as a public company we are required to document and test
our internal control over financial reporting pursuant to Section 404 of the Sarbanes-Oxley Act of 2002 (“Sarbanes-Oxley Act”)
so that our management can certify as to the effectiveness of our internal control over financial reporting, which requires us to document
and test our internal control over financial reporting.

Our
Chief Executive Officer and Chief Accounting Officer (“certifying officers”) are responsible for establishing and maintaining
our disclosure controls and procedures (as defined in Securities Exchange Act Rule 13a-15(e) and Rule 15d-15(e)).

Our
certifying officers designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed
under their supervision, to ensure that information required to be disclosed by us in the reports we file or submit under the Securities
Exchange Act is recorded, processed, summarized and reported, within the time periods specified by the SEC’s rules and forms, and
is made known to management (including the certifying officers) by others within the company, including our subsidiaries. We regularly
evaluate the effectiveness of our disclosure controls and procedures and report our conclusions about the effectiveness of the disclosure
controls quarterly in our Quarterly Reports on Form 10-Q and annually in our Annual Reports on Form 10-K. In completing such reporting,
we disclose, as appropriate, any significant change in our internal control over financial reporting that occurred during our most recent
fiscal period that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Also,
as a public company, we are subject to rules adopted by the SEC pursuant to Section 404 of the Sarbanes-Oxley Act, which require us to
include in our annual report on Form 10-K our management’s report on, and assessment of the effectiveness of, our internal control
over financial reporting (“management’s report”). If we fail to achieve and maintain the adequacy of our disclosure
control or internal control over financial reporting, there is a risk that we will not comply with all of the requirements imposed by
Section 404. Moreover, effective internal control over financial reporting, particularly that relate to