Company: GOLD
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016909
Chunk: 334

Company: Gold.com, Inc.
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 1
Chunk 334
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 segment's product financing activity with A-Mark of $0.3 million, partially offset by (iv) a decrease of $0.7 million related to the AMCF Notes (including amortization of debt issuance costs) due to their repayment in December 2023.

    in thousands

    Six Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Interest expense
     
    $
    (15,555
    )

    (0.353
    %)

    $
    (13,723
    )

    (0.355
    %)

    $
    1,832

    13.3
    %

Interest expense for the six months ended December 31, 2024 increased $1.8 million, or 13.3%, to $15.6 million from $13.7 million in 2023. The overall increase was primarily due to: (i) a decrease in inter-segment eliminations related to the DTC segment's product financing activity with A-Mark of $1.0 million, (ii) an increase of $1.0 million in connection with our Trading Credit Facility due to an increase in interest rates and increased borrowings, (iii) an increase of $0.7 million from liabilities on borrowed metals, and (iv) higher interest and fees from product financing arrangements of $0.6 million, partially offset by (v) a decrease of $1.5 million related to the AMCF Notes (including amortization of debt issuance costs) due to their repayment in December 2023.

Earnings (Losses) from Equity Method Investments— Wholesale Sales & Ancillary Services

    in thousands

    Three Months Ended December 31,
     
    2024
     
    2023
     
    Change

    $

    % of revenue

    $

    % of revenue

    $

    %

    Earnings (losses) from equity method investments
     
    $
    (2,459
    )

    (0.113
    %)

    $
    777

    0.045
    %

    $
    (3,236
    )

    (416.5
    %)

Earnings (losses) from equity method investments for the three months ended December 31, 2024 decreased $3.