Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 231

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1A
Chunk 231
---
 Advisers. USCF Investments classifies these investments as current assets as these investments are generally sold
within one year of the balance sheet date. Investments in which no controlling financial interest or significant influence exists
are recorded at fair value with the change included in earnings on the Consolidated Statements of Operations. As of June 30, 2025
and 2024, the Company has investments totaling $3.6
million and $7.5
million, respectively, of funds managed by USCF Advisers which are related parties and are included in other equities in the below
table. The Company elected the fair value option related to this investment as the shares were purchased and will be sold on the
market and this accounting treatment is deemed to be most informative. In addition to the holdings in these funds, the Company also
invests in marketable securities. The Company recognized unrealized losses of $0.8
million and unrealized gains of $0.1
million for the years ended June 30, 2025 and 2024, respectively.

All
of the Company’s short-term investments are classified as Level 1 assets as of June 30, 2025 and 2024. Investments measured at
estimated fair value consist of the following as of June 30, 2025 and 2024 (in thousands):

 SCHEDULE OF AVAILABLE-FOR-SALE SECURITIES RECONCILIATION  

    June 30, 2025 

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Estimated Fair Value 
  
    Money market funds 
    $3,877  
    $-  
    $-  
    $3,877 
  
    Other short-term investments 
     310  
     2  
     -  
     312 
  
    Other equities - related parties 
     4,374  
     -  
     (734) 
     3,640 
  
    Total short-term investments 
    $8,561  
    $2  
    $(734) 
    $7,829 

    F-15

    June 30, 2024 

    Cost  
    Gross Unrealized Gains  
    Gross Unrealized Losses  
    Estimated Fair Value 
  
    Money market funds 
    $1,788  
    $-  
    $-