Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 80

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 80
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 critical services. Our policies and procedures to identify, monitor and
manage risks may not be fully effective in mitigating our risk exposure.

These
risks are difficult to detect in advance and deter, and could harm our business, results of operations or financial condition. If our
policies and procedures do not adequately protect us from exposure and our exposure is not adequately covered by insurance or other risk-shifting
tools, we may incur losses that would adversely affect our financial condition and could cause a reduction in our revenues as investors
in our products shift their investments to the products of our competitors.

15

We
rely on trademarks, trade secrets, and other forms of intellectual property protections, which may not be adequate to protect us from
misappropriation or infringement of our intellectual property.

We
rely on a combination of trademark, trade secret and other intellectual property laws in the U.S. and foreign jurisdictions in which
we operate our businesses. We have applied for registration of a limited number of trademarks in the U.S. and in certain other countries,
some of which have been registered or issued. We cannot guarantee that our applications will be approved by the applicable governmental
authorities, or that third parties will not seek to oppose or otherwise challenge our registrations or applications. We also rely on
unregistered proprietary rights, including common law trademark protection. Third parties may use trademarks identical or confusingly
similar to ours, or independently develop trade secrets or know-how similar or equivalent to ours. If our proprietary information is
divulged to third parties, including our competitors, or our intellectual property rights are otherwise misappropriated or infringed,
our business could be harmed or adversely affected.

Our
financial condition and results of operations could suffer if there is an impairment of goodwill or intangible assets.

We
are required to test intangible assets with indefinite lives, including goodwill, annually or, in certain instances, more frequently,
and may be required to record impairment charges, which would reduce any earnings or increase any loss for the period in which the impairment
was determined to have occurred. Our goodwill impairment analysis is sensitive to changes in key assumptions used in our analysis. If
the assumptions used in our analysis are not realized, it is possible that an impairment charge may need to be recorded in the future.
We cannot accurately predict the amount and timing of any impairment of goodwill or other intangible assets. However, any such impairment
would have an adverse effect on our results of operations.

As
of June 30, 2025,