Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 176

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 176
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0%, to $3.8 million from $2.4 million in 2023 primarily due to an increase in amortization expense of $1.9 million relating to intangible assets acquired through our acquisition of a controlling interest in SGB, partially offset by a $0.5 million decrease in JMB’s intangible asset amortization expense. 

    in thousands

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Depreciation and amortization expense
     
    $
    (7,736
    )

    (0.732
    %)

    $
    (4,817
    )

    (0.692
    %)

    $
    2,919

    60.6
    %

Depreciation and amortization expense for the six months ended December 31, 2024, increased $2.9 million, or 60.6%, to $7.7 million from $4.8 million in 2023 primarily due to an increase in amortization expense of $3.9 million relating to intangible assets acquired through our acquisition of a controlling interest in SGB, partially offset by a $1.0 million decrease in JMB’s intangible asset amortization expense.

Interest expense — Direct-to-Consumer

    in thousands

    Three Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest expense
     
    $
    (697
    )

    (0.122
    %)

    $
    (793
    )

    (0.214
    %)

    $
    (96
    )

    (12.1
    %)

Interest expense for the three months ended December 31, 2024 decreased $0.1 million to $0.7 million from $0.8 million in 2023. The decrease in interest expense was not significant. 

    in thousands

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest expense
     
    $
    (1,181