Company: MGLD
Filing Date: 2025-02-05
Form Type: 10-Q
Source: 0001493152-25-005002
Chunk: 5

Company: Marygold Companies, Inc.
Filing Date: 2025-02-05
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
 (315) 
     (15)
  
    Repurchase of shares to satisfy tax withholdings for restricted stock awards 
     (257) 
     - 
  
    Net cash provided by (used in) financing activities 
     3,118  
     (15)

    Effect of exchange rate change on cash and cash equivalents 
     (99) 
     41 

    NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 
     215 
     (1,938)

    CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING BALANCE 
     5,523  
     8,586 

    CASH, CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE 
    $5,738  
    $6,648 

    Cash and cash equivalents 
    $5,677  
    $6,214 
  
    Restricted cash 
     61  
     434 
  
    Total cash, cash equivalents and restricted cash 
    $5,738  
    $6,648 

    SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: 

    Cash paid during the period for: 

    Interest 
    $2  
    $5 
  
    Income taxes (net of refunds received) 
    $31  
    $100 
  
    NON-CASH INVESTING AND FINANCING ACTIVITIES: 

    Original issue discount and loan fee added to note payable balance 
    $380  
    $- 
  
    Acquisition of operating right-of-use assets through operating lease liabilities 
    $690  
    $795 

The
accompanying notes are an integral part of these condensed consolidated financial statements.

8

THE
MARYGOLD COMPANIES, INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIALS STATEMENTS

(UNAUDITED)

NOTE
1. ORGANIZATION AND DESCRIPTION OF BUSINESS

The
Marygold Companies, Inc., (“Company,” “The Marygold Companies,” “we,” “our,” or
“us”), a Nevada corporation, is a diversified global holding company with a primary focus on the fund management and
financial services industries in the United States (“U.S.”) and the United Kingdom (“U.K.”), including the