Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 92

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 92
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 presented below (in thousands):

          Three Months Ended December 31,

          Six Months Ended December 31,

          2024

          2023

          2024

          2023

          Basic weighted-average shares of common stock outstanding

          23,158

          23,080

          23,093

          23,222

          Effect of common stock equivalents

          808

          984

          880

          1,076

          Diluted weighted-average shares outstanding

          23,966

          24,064

          23,973

          24,298

         The anti-dilutive shares excluded from the table above were 10,000 and 41,082 for the three months ended December 31, 2024 and 2023, respectively, and 10,000 and 25,541 for the six months ended December 31, 2024 and 2023, respectively. Actual common shares outstanding totaled 23,019,185 and 22,901,153 as of December 31, 2024 and 2023, respectively. Recent Accounting PronouncementsFrom time to time, the Financial Accounting Standards Board ("FASB") or other standards setting bodies issue new accounting pronouncements. Updates to the FASB ASC are communicated through issuance of an Accounting Standards Update ("ASU").In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which updates the guidance on segment disclosures to require entities to disclose significant segment expenses and other segment items, as well as the title and position of its chief operating decision maker. This update will be applied retrospectively and is effective for the Company's annual reporting period for its fiscal year which began on July 1, 2024. We are currently evaluating the impact of the adoption of this standard on our consolidated financial statements, but we expect the adoption of the standard to impact certain of our segment reporting disclosures.

19

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which updates the guidance on income tax disclosures to require entities to disclose specific categories within the rate reconciliation, provide additional information for reconciling items that meet certain quantitative thresholds, and provide additional information about income taxes paid. This update is effective for the