Company: MGLD
Filing Date: 2025-02-05
Form Type: 10-Q
Source: 0001493152-25-005002
Chunk: 27

Company: Marygold Companies, Inc.
Filing Date: 2025-02-05
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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     128  
     423  
     256 
  
    Total revenue 
    $8,004  
    $8,457  
    $15,913  
    $16,692 

    19

SCHEDULE
OF OPERATING (LOSS) INCOME FROM EXTERNAL CUSTOMERS

    2024  
    2023  
    2024  
    2023 

    Three Months Ended December 31,  
    Six Months Ended December 31, 

    2024  
    2023  
    2024  
    2023 
  
    Operating (loss) income: 

    Fund management - related party 
    $832  
    $1,241  
    $1,793  
    $2,975 
  
    Food products 
     58  
     205  
     50  
     215 
  
    Beauty products 
     (61) 
     (117) 
     (234) 
     (436)
  
    Security systems 
     58  
     72  
     191  
     143 
  
    Financial services 
     (1,703) 
     (1,480) 
     (3,286) 
     (3,004)
  
    Corporate headquarters 
     (1,010) 
     (918) 
     (2,510) 
     (1,927)
  
    Total operating loss 
    $(1,826) 
    $(997) 
    $(3,996) 
    $2,034 

NOTE 14. SUBSEQUENT EVENTS

On
January 28, 2025, the Company closed on the sale of an aggregate of 2,050,000 shares
of its common stock, $0.001
par value per share (“Common Stock”), at a price to the public of $1.10 per
share (before deduction of underwriting discounts and commissions), in a firm commitment underwritten public offering pursuant to an
underwriting agreement, dated January 26, 2025 (“Underwriting Agreement”), between the Company and the Maxim Group LLC
(“Maxim”) as sole underwriter and book-running manager for the offering (“Offering”). Pursuant to the
Underwriting Agreement, the Company granted the underwriter a 45