Company: MGLD
Filing Date: 2025-02-05
Form Type: 10-Q
Source: 0001493152-25-005002
Chunk: 93

Company: Marygold Companies, Inc.
Filing Date: 2025-02-05
Form: 10-Q
Item: Part I, Item 8
Chunk 93
---
 the end of the period covered by this Report, our Chief Executive Officer and Chief Accounting Officer conducted evaluations of
our disclosure controls and procedures. We maintain 
disclosure controls and procedures that are designed to provide reasonable assurances that the information required to be disclosed
in the periodic reports we file or submit under Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the
“Securities Exchange Act”), is recorded, processed, summarized and reported within the time period specified in the
SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to
ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Securities Exchange
Act is accumulated and communicated to the issuer’s management, including its principal executive officer and principal
financial officer, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
Management recognizes that there are inherent limitations to the effectiveness of any system of disclosure controls and procedures
and any controls and procedures, no matter how well designed and operated, can only provide reasonable assurance of achieving their
control objectives.

Our
management, including our Chief Executive Officer and Chief Accounting Officer, after evaluating the effectiveness of our disclosure controls and procedures, concluded that our disclosure controls and procedures were effective as of the end of the period covered by this Report.

(b)
Changes in Internal Control Over Financial Reporting

There
were no changes in the Company’s internal control over financial reporting (as defined in Rules 13a-15(f) or 15d-15(f)
under the Exchange Act) during the quarterly period covered by this report that have materially affected or are reasonably likely to
materially affect our internal controls over financial reporting.

30

PART
II - OTHER INFORMATION

Item
1. Legal Proceedings

Refer
to “Note 10. Commitments And Contingencies – Litigation” in our Condensed Consolidated Financial Statements included
in this Report.

Item
1A. Risk Factors

We
are subject to certain risks and uncertainties in our business operations. In addition to the risks described below, you should carefully
consider the factors discussed under “Item 1A -Risk Factors” in our Annual Report on Form 10-K for our fiscal year ended
June 30, 2024 (“2024 Form 10-K”). The risks discussed in our 2024 Form 10-K and the risks discussed below could materially
affect our business, financial condition, results