Company: MGLD
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001641172-25-009260
Chunk: 0

Company: Marygold Companies, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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THE
MARYGOLD COMPANIES, INC.

CONDENSED
CONSOLIDATED BALANCE SHEETS

(in
thousands, except per share data)

(unaudited)

    March
    31, 2025  
    June
    30, 2024 
  
    ASSETS 

    CURRENT ASSETS 

    Cash and cash
    equivalents 
    $4,321  
    $5,461 
  
    Accounts receivable, net
    (of which $1,302 and $1,455, respectively, due from related parties) 
     2,319  
     2,678 
  
    Inventories 
     2,145  
     2,191 
  
    Prepaid income tax and tax
    receivable 
     1,131  
     1,338 
  
    Investments, at fair value 
     11,303  
     9,551 
  
    Other
    current assets 
     703  
     3,034 
  
    Total current assets 
     21,922  
     24,253 

    Restricted cash 
     62  
     62 
  
    Property and equipment,
    net 
     997  
     1,166 
  
    Operating lease right-of-use
    assets 
     1,108  
     974 
  
    Goodwill 
     2,481  
     2,481 
  
    Intangible assets, net 
     1,131  
     1,375 
  
    Deferred tax assets, net 
     1,969  
     1,969 
  
    Other
    assets 
     3,799  
     619 
  
    Total
    assets 
    $33,469  
    $32,899 

    LIABILITIES AND STOCKHOLDERS’
    EQUITY 

    CURRENT LIABILITIES 

    Accounts payable and accrued
    expenses 
    $3,667  
    $4,021 
  
    Lease liabilities, current
    portion 
     614  
     620 
  
    Purchase consideration payable,
    current portion 
     242  
     277 
  
    Notes
    payable, current portion 
     3,663  
     315 
  
    Total current liabilities 
     8,186