Company: MGLD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001493152-25-021259
Chunk: 72

Company: Marygold Companies, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 72
---
 1, 2025.

Total
other income, net increased by $0.7 million or 684% for the quarter ended September 30, 2025 compared to the prior year quarter driven
by the $0.5 million gain on sale of Brigadier in the quarter ended September 30, 2025.

Net loss decreased by $1.2 million or 78% and was driven by the net effect
of the changes discussed above.

20

Reportable
Segments

Quarter
Ended September 30, 2025 Compared with Quarter Ended September 30, 2024

SEGMENT
RESULTS OF OPERATIONS

    Quarters Ended September 30,  
    Percentage 
  
    (in thousands, except percentages) 
    2025  
    2024  
    Change 
  
    Revenue 

    Fund management - related party 
    $4,329  
    $4,591  
     -6%
  
    Food products 
     1,755  
     1,822  
     -4%
  
    Beauty products 
     671  
     597  
     12%
  
    Security systems 
     -  
     690  
     -100%
  
    Financial services 
     208  
     210  
     -1%
  
    Total revenue 
    $6,963  
    $7,910  
     -12%

    Operating Income (Loss) 

    Fund management - related party 
    $379  
    $960  
     -61%
  
    Food products 
     102  
     (8) 
     -1,375%
  
    Beauty products 
     123  
     (173) 
     -171%
  
    Security systems 
     -  
     133  
     -100%
  
    Financial services 
     (373) 
     (1,582) 
     -76%
  
    Corporate headquarters 
     (1,495) 
     (1,500) 
     0%
  
    Total operating loss 
    $(1,264) 
    $(2,170) 
     -42%

U.S.
Fund Management – Related Party - USCF Investments

USCF
Investments earns monthly management and advisory fees based on an investment management or advisory agreement with each ETF or