Company: MGLD
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001641172-25-009260
Chunk: 4

Company: Marygold Companies, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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ASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING BALANCE 
     5,523  
     8,586 

    CASH,
    CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE 
    $4,383  
    $4,504 

    Cash and cash equivalents 
    $4,321  
    $4,490 
  
    Restricted cash 
     62  
     14 
  
    Total
    cash, cash equivalents and restricted cash 
    $4,383  
    $4,504 

    SUPPLEMENTAL DISCLOSURES
    OF CASH FLOW INFORMATION: 

    Cash paid during the period for: 

    Interest 
    $222  
    $13 
  
    Income taxes (net of
    refunds received) 
    $38  
    $116 
  
    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 emerging Fintech space. The operations
of the Company’s wholly-owned subsidiaries are summarized as follows:

    ●
    U.S.
    Fund Management - USCF Investments, Inc., a Delaware corporation (“USCF Investments”), with corporate headquarters in
    Walnut Creek, California and its wholly-owned subsidiaries which provide fund management services to exchange traded funds:

    ○
    United
    States Commodity Funds, LLC, a Delaware limited liability company (“USCF LLC”), and

    ○
    USCF
    Advisers, LLC, a