Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 71

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 71
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 is welcome nationwide as well as for use with online shopping. The Marygold US app has the ability to
split payments/bills without fees or limits between users. Marygold’s debit Mastercard® connected to a widely
accepted ATM network system but ATM transactions have fees associated with the use and withdrawal of cash like most bank ATM out of
network machines.

In addition to Marygold US’ P2P features,
its investment advisory firm Marygold Advisors, provided educational information on personal investing and money management tips
through the app. Users were able to invest their money utilizing timeline target oriented money pools (“Money Pools”) as
part of its bespoke budgeting app product. The Money Pool feature allowed users a resource for saving money through use of Money
Pool target goals. When a user wanted to budget, invest and grow their savings towards a goal such as purchasing a car, app users
could use the Money Pool savings and investing feature to set a timeline goal for which they would need to grow their money in order
to save enough through investing in Money Pools. The use of Money Pools could increase their initial investment toward their
timeline goals and/or target purchase. After users inputted their target savings goal into the Money Pool app feature, the app
provided a choice of ten Money Pools for a user to choose from. The investment risk decreased or increased depending on the initial
investment and goal-oriented time frame chosen. Marygold Advisors further enhanced a user’s experience by creating an
investment calculator tool within the app that provided users the ability to view their hypothetical target goal investment
potential.

The Company devoted considerable resources to
the development, marketing and support of Marygold US’ proprietary Fintech app and while Marygold US decided to pause
operations and further development of the Fintech app in the U.S. market, the Company continues to seek funding options or partners
to facilitate a re-entry into the U.S. Fintech market and/or licensing arrangements for the app in the future. We continue to offer
a version of the app in the United Kingdom and expect to evaluate the acceptance and success of the Fintech app and seek to obtain
market information that may be useful in the event of a relaunch in the U.S.

12

Intellectual Property

Marygold US has a registered flower design mark
and other registered trademarks. The underlying code compiled in its mobile banking app and other custom programs are proprietary
and trade secrets of Marygold US. The duration of the trademark registration is open ended