Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 299

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1B
Chunk 299
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    Manufacturing equipment  
    $1,935  
    $1,935 
  
    Land and building  
     575  
     575 
  
    Other equipment  
     854  
     827 
  
    Total property and equipment, gross  
     3,364  
     3,337 
  
    Accumulated depreciation  
     (2,326) 
     (2,171)
  
    Total property and equipment, net  
    $1,038  
    $1,166 

    F-14

For
the years ended June 30, 2025 and 2024, depreciation expense for property and equipment totaled $0.2 million and $0.1 million, respectively.

 SCHEDULE OF OTHER ASSETS NON-CURRENT

    June 30,  
    June 30, 
  
    Other assets, non-current 
    2025  
    2024 
  
    Equity investment in a financial institution 
    $1,800  
    $- 
  
    Equity investment in a registered investment advisor 
     502  
     502 
  
    Deposits and other assets 
     37  
     117 
  
    Total other assets, non-current 
    $2,339  
    $619 

The $1.8 million investment represents an equity interest of less than 10% in a domestic financial institution and the $0.5 million investment
represents a 10% equity interest in a registered investment advisor. These equity interests do not have readily determinable fair values
and are measured at cost minus impairment. There have been no impairments, downwards adjustments, nor upward adjustments during the periods
presented nor cumulatively.

 SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES 

    June 30,  
    June 30, 
  
    Accounts payable and accrued expenses 
    2025  
    2024 
  
    Accounts payable 
    $2,083  
    $1,955 
  
    Accrued operating expenses 
     1,151  
     1,185 
  
    Accrued payroll, vacation and bonus payable 
     597  
     736 
  
    Taxes payable 
     -  
     145 
  
    Total 
    $3,831  
    $4,021