Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 347

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1C
Chunk 347
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IAL STATEMENTS AND SUPPLEMENTARY DATA

Our
financial statements appear as follows:

    Report of Independent Registered Public Accounting Firm. BPM San Francisco, CA. (Firm ID No. 207)
    F-1
  
    Consolidated Balance Sheets
    F-2
  
    Consolidated Statements of Operations
    F-3
  
    Consolidated Statements of Comprehensive Loss
    F-4
  
    Consolidated Statements of Stockholders’ Equity
    F-5
  
    Consolidated Statements of Cash Flows
    F-6
  
    Notes to Consolidated Financial Statements
    F-7

29

REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To
the Board of Directors and Stockholders of The Marygold Companies, Inc. and Subsidiaries

Opinion
on the Consolidated Financial Statements

We
have audited the accompanying consolidated balance sheets of The Marygold Companies, Inc. (the “Company”) as of June 30,
2025 and 2024, and the related consolidated statements of operations, comprehensive loss, stockholders’ equity, and cash
flows for each of the years in the two-year period ended June 30, 2025, and the related notes (collectively referred to as “the
consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects,
the financial position of the Company as of June 30, 2025 and 2024, and the results of its operations and its cash flows for each of
the years in the two-year period ended June 30, 2025, in conformity with accounting principles generally accepted in the United States
of America.

Basis
of opinion

These
consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion
on the Company’s consolidated financial statements based on our audits. We are a public accounting firm registered with the Public
Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance
with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We
conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud.
The Company is not required to have,