Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 414

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 2
Chunk 414
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 $0.3 million in full that was secured with the land and building in Canada.

Investments

USCF
Investments, from time to time, provides initial investments in the creation of ETF funds that USCF Investments manages. USCF
Investments classifies these investments as current assets as these investments are generally sold within one year from the balance
sheet date. As of June 30, 2025, USCF Investments held investment positions in four of its exchange traded funds registered under
the Investment Company Act of 1940, as amended, USG (ticker changed from GLDX in March 2024), ZSB, USE and ZSC of $0.5 million, $0.2
million, $0.8 million, and $2.1 million, respectively. These investment positions along with other investments, as applicable, are
described further in Note 5 to our Consolidated Financial Statements.

Dividends

Our
strategy on dividends is to declare and pay dividends only from retained earnings and only when our Board of Directors deems it prudent
and in the best interests of the Company to declare and pay dividends. We paid no dividends during fiscal 2025 and 2024.

Off-Balance
Sheet Arrangements

At
June 30, 2025, and through September 19, 2025, the filing date of this Annual Report on Form 10-K, we have not entered into any
transaction, agreement or other contractual arrangement with an entity unconsolidated with us under which we have:

    ●
    An
    obligation under a guarantee contract,

    ●
    A
    retained or contingent interest in assets transferred to the unconsolidated entity or similar arrangement that serves as credit,
    liquidity or market risk support to such entity for such assets,

    ●
    An
    obligation, including a contingent obligation, arising out of a variable interest in an unconsolidated entity that is held by, and
    material to, us where such entity provides financing, liquidity, market risk or credit risk support to, or engages in leasing, hedging,
    or research and development services with us.

ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As
a “smaller reporting company”, we are not required to provide the information required by this Item.

28

ITEM
8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Our
financial statements