Company: MGLD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001493152-25-021259
Chunk: 43

Company: Marygold Companies, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 43
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Brigadier as of June 30, 2025. Brigadier was sold to a related party on July 1, 2025 (see Note 6. Sale of Brigadier).

    11

NOTE
5. INVESTMENTS

USCF
Investments, from time to time, provides initial seed capital in connection with the organization of exchange traded products (ETPs)
or exchange traded funds (ETFs) that are managed by USCF LLC or USCF Advisers. USCF Investments classifies these investments as current
assets as these investments are generally sold within one year of the balance sheet date. Investments in which no controlling financial
interest or significant influence exist are recorded at fair value with the change included in earnings in the Company’s Condensed
Consolidated Statements of Operations. As of September 30, 2025 and June 30, 2025, the Company held a total of $2.4 million and $3.6
million, respectively, in funds managed by USCF Advisers which are related parties and are included in other equities in the table below.
In addition to the seed capital holdings in these funds, the Company also invests in marketable securities.

All
of the Company’s short-term investments are classified as Level 1 assets and consist of the following (in thousands):

 SCHEDULE OF AVAILABLE-FOR-SALE SECURITIES RECONCILIATION 

    September 30, 2025 

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Estimated Fair Value 
  
    Money market funds 
    $4,863  
    $-  
    $-  
    $4,863 
  
    Other short-term investments 
     313  
     2  
     -  
     315 
  
    Other equities - related parties 
     2,824  
     -  
     (398) 
     2,426 
  
    Total short-term investments 
    $8,000  
    $2  
    $(398) 
    $7,604 

    June 30, 2025 

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Estimated Fair Value 
  
    Money market funds 
    $3,877  
    $-  
    $-  
    $3,877