Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 297

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 297
---
 cash incentive bonus award of ($1.3 million) and $0.2 million during the three months ended December 31, 2024 and 2023, respectively, and ($0.2 million) and $0.4 million during the six months ended December 31, 2024 and 2023, respectively.Certain Anti-Takeover ProvisionsThe Company’s certificate of incorporation and by-laws contain certain anti-takeover provisions that could have the effect of making it more difficult for a third-party to acquire, or of discouraging a third-party from attempting to acquire, control of the Company without negotiating with its board of directors. Such provisions could limit the price that investors might be willing to pay in the future for the Company’s securities. Certain of such provisions allow the Company to issue preferred stock with rights senior to those of the common stock or impose various procedural and other requirements which could make it more difficult for stockholders to effect certain corporate actions.

18. CUSTOMER AND SUPPLIER CONCENTRATIONS Customer ConcentrationsThe following customer provided 10 percent or more of the Company's revenues (in thousands): 

        Three Months Ended December 31,

        Six Months Ended December 31,

        2024

        2023

        2024

        2023

        Amount

        Percent

        Amount

        Percent

        Amount

        Percent

        Amount

        Percent

        Total revenue
         
        $
        2,742,345

        100.0
        %
         
        $
        2,078,815

        100.0
        %
         
        $
        5,457,441

        100.0
        %
         
        $
        4,563,433

        100.0
        %

        Customer concentrations

        HSBC Bank (1)
         
        $
        422,659

        15.4
        %
         
        $
        457,363

        22.0
        %
         
        $
        1,001,442

        18.4
        %
         
        $
        1,056,411

        23.1
        %

       (1) 	Sales with this trading partner include sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product. This sales activity has been reported within the Wholesale Sales &