Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 434

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 2
Chunk 434
---
 are entitled to the same liquidation and dividend rights. Diluted net loss per share is based on the assumption that
all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method.
Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later),
and as if funds obtained thereby were used to purchase common stock at the average market price during the period. For the year ended
June 30, 2025, the Company excluded 343,667 shares related to outstanding stock options, 193,857 shares related to outstanding restricted stock awards
and 82,500 shares related to outstanding warrants, and for the year ended June 30, 2024, the Company excluded 540,881 shares related to
outstanding stock options, 681,315 shares related to outstanding restricted stock awards and 82,500 shares related to outstanding warrants,
respectively, from the diluted net loss per share calculation as their effect would be anti-dilutive. Since the Company generated a net
loss in both fiscal 2025 and 2024, basic and diluted net loss per share were the same.

The
components of basic and diluted net loss per share were as follows (in thousands, except per share data):

 SCHEDULE OF COMPONENTS OF BASIC AND DILUTED EARNINGS PER SHARE 

    Year Ended June 30, 2025  
    Year Ended June 30, 2024 

    Net Loss  
    Shares  
    Per Share  
    Net Loss  
    Shares  
    Per Share 
  
    Basic and diluted net loss per share: 

    Net loss available to common shareholders 
    $(5,719) 
     40,977  
    $(0.14) 
    $(3,970) 
     39,409  
    $(0.10)
  
    Net loss available to preferred shareholders 
     (101) 
     724  
    $(0.14) 
     (99) 
     987  
    $(0.10)
  
    Basic and diluted net loss per share 
    $(5,820) 
     41,701  
    $(0.14) 
    $(4,069) 
     40,396  
    $(0.10)

    F-13

NOTE
4. CERTAIN BAL