Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 319

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 319
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 the three months ended December 31, 2024 increased $1.8 million, or 65.0%, to $4.6 million from $2.8 million in 2023 primarily due to an increase in amortization expense of $2.2 million relating to intangible assets acquired through our acquisition of LPM and acquisition of a controlling interest in SGB, partially offset by a decrease in JMB intangible asset amortization of $0.5 million. 

56

    in thousands

    Six Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Depreciation and amortization expense
     
    $
    (9,348
    )

    (0.171
    %)

    $
    (5,603
    )

    (0.123
    %)

    $
    3,745

    66.8
    %

Depreciation and amortization expense for the six months ended December 31, 2024 increased $3.7 million, or 66.8%, to $9.3 million from $5.6 million in 2023 primarily due to an increase in amortization expense of $4.4 million relating to intangible assets acquired through our acquisition of LPM and acquisition of a controlling interest in SGB, partially offset by a decrease in JMB intangible asset amortization of $1.0 million. 

Interest Income 

    in thousands, except performance metric

    Three Months Ended December 31,
     
    2024

    2023

    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest income
     
    $
    6,794

    0.248
    %

    $
    6,311

    0.304
    %

    $
    483

    7.7
    %

    Performance Metric

    Number of secured loans at period-end

    518

    715

    (197
    )

    (27.6
    %)

Interest income for the three months ended December 31, 2024 increased $0.5 million, or 7.7%, to $6.8 million from $6.3 million in 2023. The aggregate increase in interest income was due to an increase in