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

Company: Marygold Companies, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 25
---
2024 
  
    Operating (loss) income: 

    Fund management - related party 
    $828  
    $827  
    $2,620  
    $3,802 
  
    Food products 
     68  
     (6) 
     118  
     209 
  
    Beauty products 
     (127) 
     (191) 
     (361) 
     (626)
  
    Security systems 
     90  
     117  
     281  
     260 
  
    Financial services 
     (1,539) 
     (1,419) 
     (4,824) 
     (4,423)
  
    Corporate headquarters 
     (824) 
     (799) 
     (3,334) 
     (2,726)
  
    Total operating loss 
    $(1,504) 
    $(1,471) 
    $(5,500) 
    $(3,504)

19

Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

This
Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) should be read in
conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2024, and the unaudited consolidated financial
statements and the accompanying notes thereto included in this Report for the relevant period and is qualified in its entirety by the
foregoing and by more detailed financial information appearing elsewhere in this Report. See “Item 1 - Financial Statements (Unaudited).”

Forward-Looking
Statements

In
addition to historical financial information, the following MD&A contains forward-looking statements that involve certain risks,
uncertainties and assumptions. See “Special Note Regarding Forward-Looking Statements.” Our results of operations and the
timing of selected events may differ materially from those anticipated in these forward-looking statements as a result of many factors,
including those discussed under “Item 1A. Risk Factors” in Part II of this Report and “Item 1A. Risk Factors”
in our Form 10-K for the year ended June 30, 2024, and in our Quarterly Report on Form 10-Q for the quarter ended December
31, 2024.

Overview

The
Marygold Companies, Inc., a Nevada corporation (together with its subsidiaries,