Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 178

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 178
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losses) from equity method investments

    76

    1.346
    %

    (6
    )

    (0.110
    %)

    $
    82

    1,366.7
    %

    Other income, net

    726

    12.859
    %

    546

    10.052
    %

    $
    180

    33.0
    %

    Net income before provision for income taxes
     
    $
    2,250

    39.851
    %

    $
    656

    12.077
    %

    $
    1,594

    243.0
    %

    Performance Metric:

    Number of secured loans at period end(1)

    518

    715

    (197
    )

    (27.6
    %)

(1)Number of outstanding secured loans to customers at the end of the period.

Interest Income — Secured Lending

    in thousands, except performance metric

    Three Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of interestincome

    $

    % of interestincome

    $

    %

    Interest income
     
    $
    2,626

    100.000
    %

    $
    2,738

    100.000
    %

    $
    (112
    )

    (4.1
    %)

    Performance Metric

    Number of secured loans at period-end

    518

    715

    (197
    )

    (27.6
    %)

Interest income for the three months ended December 31, 2024 decreased $0.1 million, or 4.1%, to $2.6 million from $2.7 million in 2023. The decrease in interest income earned from the segment’s secured loan portfolio was primarily due to lower average monthly loan balances as well as fewer loans outstanding. The number of secured loans outstanding decreased by 197, or 27.6%, to 518 from 715 as of December 31, 2023.

70

    in thousands, except performance metric

    Six Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of interestincome

    $

    % of interestincome