Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 333

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1C
Chunk 333
---
    U.S.
    and U.K. Financial Services:

    ○
    Marygold
& Co., a Delaware corporation and its wholly owned subsidiary, Marygold & Co. Advisory Services, LLC, a Delaware limited liability
company, whose principal business offices are located in Walnut Creek, California;

    ○
    Marygold
    & Co., (UK) Limited, a private limited company incorporated and registered in England and Wales, whose registered office is in
    London, England, and its wholly owned subsidiaries:

    ■
    Marygold
& Co. Limited f/k/a Tiger Financial & Asset Management Limited, a company incorporated and registered in England and Wales, whose
registered office is in Northampton, England; and

    ■
    Step-By-Step
    Financial Planners Limited, a company incorporated and registered in England and Wales, whose registered office is in Staffordshire,
    England.

23

Certain Recent Developments

See “Item 1. Business – Certain Recent Developments”
above.

Critical
Accounting Policies

We
have chosen accounting policies that we believe are appropriate to report accurately and fairly our operating results and financial position,
and we apply those accounting policies in a consistent manner. Our significant policies are summarized in Note 2 to the Consolidated
Financial Statements.

The
preparation of financial statements in conformity with U.S. generally accepted accounting principles (“US GAAP” or “GAAP”)
requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses and related
disclosures of contingent assets and liabilities. We base our estimates on historical experience and other factors we believe to be reasonable
under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities
that are not readily apparent from other sources. Actual results may vary from those estimates.

We
believe the following accounting policies are the most critical in the preparation of our financial statements because they involve the
most difficult, subjective or complex judgments about the effect of matters that are inherently uncertain.

Business
Combinations - Valuation of Intangible Assets

We
are a  holding company whose activities involve the acquisition of operating companies through stock purchase or asset purchase
transactions. We account for business combinations using the acquisition method of accounting. All the assets acquired, liabilities assumed
and amounts attributable to intangible assets, including goodwill, are recorded at their respective fair values at the date of acquisition.
Determination of fair value involves estimates and assumptions