Company: MGLD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001493152-25-021259
Chunk: 40

Company: Marygold Companies, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 40
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 Company’s common stock.
Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or
exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be
exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to
purchase common stock at the average market price during the period. Since the Company generated a net loss in the quarters
ended September 30, 2025 and 2024, basic and diluted net loss per share were the same. The Company excluded the following shares from the diluted net loss per
share calculation as their effect would be anti-dilutive.

 SCHEDULE
OF ANTI-DILUTIVE SECURITIES 

    2025  
    2024 

    Quarter Ended September 30, 

    2025  
    2024 
  
    Warrants outstanding 
     82,500  
     82,500 
  
    Stock options outstanding 
     343,667  
     640,881 
  
    Restricted Stock Awards outstanding 
     101,803  
     410,491 
  
    Total common stock equivalents excluded 
     527,970  
     1,133,872 

Basic
and diluted net loss per share reflects the effects of shares potentially issuable upon conversion of the convertible Series B Preferred
Stock.

The
components of basic and diluted earnings per share were as follows (in thousands, except per share data):

SCHEDULE OF COMPONENTS OF BASIC AND DILUTED EARNINGS PER SHARE 

    Quarter Ended  
    Quarter Ended 

     September 30, 2025  
     September 30, 2024 

    Net Loss  
    Shares  
    Per Share  
    Net Loss  
    Shares  
    Per Share 
  
    Basic and diluted net loss per share: 

    Net loss attributable to common shareholders 
    $(354) 
      42,693  
    $(0.01) 
    $(1,548) 
     39,861  
    $(0.04)
  
    Net loss attributable to preferred shareholders 
     (2) 
     266  
    $(0.01) 
     (38) 
     987