Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 116

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 116
---
 8,449
         
         (4)

        $
        716

        $
        10,490

        $
        729

        $
        21,435

       (1)Balance includes trade receivables, secured loans receivables, and other receivables, net(2)Balance includes trade receivables and other receivables, net(3)Balance includes trade payables and other payables, net(4)Balance includes note payables, trade payables, and other payables, netSecured Loans ReceivableOn March 1, 2018, CFC entered into a loan agreement with Stack's Bowers Galleries providing a secured line of credit on the wholesale value (i.e., the excess over the spot value of the metal), of numismatic products bearing interest at a competitive rate per annum, with a maximum borrowing line (subject to temporary increases) of $10.0 million. In addition to the annual rate of interest, the Company is entitled to receive a participation interest (or "royalty income") equal to 10% of the net profits realized by Stack's Bowers Galleries on the ultimate sale of the products. The initial term of the loan was 180 days; thereafter, the line of credit has been extended by additional consecutive 30-day periods by mutual agreement. As of December 31, 2024 and June 30, 2024, the outstanding principal balance of this loan was $0.0 million and $0.0 million, respectively.On March 4, 2022, CFC entered into a loan agreement with Stack's Bowers Galleries providing a secured line of credit based on the collateral value of Stack's Bowers Galleries' secured customers' notes. The loan bears interest at a competitive rate per annum, with a maximum borrowing line of $3.0 million. The initial term of the loan was 180 days; thereafter, the line of credit has been extended by additional consecutive 180-day periods by mutual agreement. As of December 31, 2024 and June 30, 2024, the outstanding principal balance of this loan was $0.0 million and $0.0 million, respectively.Operating Lease Right of Use AssetsAs of December 31, 2024 and June 30, 2024, our related party right of use assets were $1.8 million and $2.0 million, respectively. Property, Plant, and EquipmentAMGL