Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 876

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 8
Chunk 876
---
  
     (31,678) 
    $1.39 
  
    Expired 
     (6,250) 
    $1.64  
     -  
    $- 
  
    Forfeited 
     (38,750) 
    $1.64  
     (23,585) 
    $1.06 
  
    Outstanding at June 30, 2024 
     540,881  
    $1.34  
     681,013  
    $1.15 
  
    Granted 
     100,000  
    $1.45  
     264,890  
    $1.45 
  
    Released 
     -  
    $-  
     (667,414) 
    $1.22 
  
    Expired 
     (123,993) 
    $1.43  
     -  
    $- 
  
    Forfeited 
     (173,221) 
    $1.37  
     (84,632) 
    $1.14 
  
    Outstanding at June 30, 2025 
     343,667  
    $1.32  
     193,857  
    $1.33 
  
    Exercisable at June 30, 2025 
     120,422  
    $1.30  

The
total fair value of the stock option grants, calculated using the Black-Scholes option-pricing model using the assumptions noted above,
was determined to be $0.1 million and $0.3 million for fiscal 2025 and 2024, respectively. The weighted average remaining contractual
term of the stock options outstanding as of June 30, 2025 was 8.3 years. The aggregate intrinsic value of stock options outstanding as
of June 30, 2025 was zero.

Stock-based
compensation relating to RSAs totaled $0.7 million and $0.3 million for the years ended June 30, 2025 and 2024, respectively,
and are included in salaries and compensation in the Consolidated Statements of Operations. Holders of RSAs generally have the rights
and privileges of a stockholder with respect to the shares of common stock granted to the holder, including the right to vote such shares
and the right to receive dividends with respect