Company: MGLD
Filing Date: 2025-02-05
Form Type: 10-Q
Source: 0001493152-25-005002
Chunk: 60

Company: Marygold Companies, Inc.
Filing Date: 2025-02-05
Form: 10-Q
Item: Part I, Item 8
Chunk 60
---

USCF LLC or USCF 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 exist are recorded at fair value with the change included in earnings in the Company’s Condensed Consolidated Statements of
Operations. As of December 31, 2024 and June 30, 2024, the Company invested a total of $6.1 million and $7.5
million, respectively, in funds managed by USCF Advisers which are related parties and are included in other equities in the below
table. In addition to the seed capital holdings in these funds, the Company also invests in marketable securities.

All
of the Company’s short-term investments are classified as Level 1 assets and consist of the following (in thousands):

 SCHEDULE OF AVAILABLE-FOR-SALE SECURITIES RECONCILIATION  

    December 31, 2024 

    Cost  
    Gross Unrealized Gains   
    Gross Unrealized Losses   
    Estimated Fair Value  
  
    Money market funds 
    $2,779   
    $-   
    $ -  
    $2,779 
  
    Other short-term investments 
     303  
     -  
     (1) 
     302 
  
    Other equities - related parties 
     7,074  
     -  
     (923) 
     6,151 
  
    Total short-term investments 
    $10,156  
    $-  
    $(924) 
    $9,232 

    June 30, 2024 

    Cost  
    Gross Unrealized Gains   
    Gross Unrealized Losses   
    Estimated Fair Value  
  
    Money market funds 
    $1,788  
    $-  
    $-  
    $1,788 
  
    Other short-term investments 
     295  
     1  
     -  
     296 
  
    Other equities - related parties 
     7,394  
     73  
     -  
     7,467 
  
    Total short-term investments 
    $9,477  
    $74  
    $-  
    $9,551 

During
the