| SEGMENT REPORTING |
NOTE
15. SEGMENT REPORTING
In
its operation of the business, our chief operating decision maker (“CODM”), who is our Chief Executive Officer, reviews
revenues and profits in assessing segment performance and deciding how to allocate resources. Our CODM does not evaluate operating
expenses by segment. During the periods presented, the Company reported its financial performance based on the following
segments.
| Segment |
|
Entities |
|
Location |
|
Description |
| Fund
Management |
|
USCF
Investments, Inc. |
|
United
States |
|
Manages,
operates and is a commodity pool operator or an investment advisor to exchange traded funds organized as limited partnerships or
investment trusts that issue shares which trade on the NYSE Arca stock exchange. |
| Food
Products |
|
Gourmet
Foods, Ltd. and Printstock Products Limited |
|
New
Zealand |
|
Manufactures
and distributes meat pies on a commercial scale in and prints specialty wrappers for the food industry in New Zealand and Australia.
|
| Security
Systems |
|
Brigadier
Security Systems (2000) Ltd. |
|
Canada |
|
Sells
and installs commercial and residential alarm monitoring systems. |
| Beauty
Products |
|
Kahnalytics,
Inc. doing business as Original Sprout |
|
United
States |
|
Engaged
in the wholesale distribution of hair and skin care products on a global scale. |
| Financial
Services |
|
Marygold
& Co.; Marygold & Co. Advisory Services, LLC; Marygold & Co. (UK) Limited, Marygold & Co. Limited
and Step-By-Step Financial Planners Limited |
|
United
States and United Kingdom |
|
Marygold
& Co. developed a Fintech app that was launched in June 2023 in the US and in March 2025 in the UK; and Marygold UK through its
subsidiaries is an asset manager and registered investment advisor in the UK. |
| Corporate
Headquarters |
|
The
Marygold Companies, Inc. |
|
United
States |
|
Holding
company responsible for organizational accountability, capital raising and allocation, corporate governance, regulatory compliance,
etc. |
The
following table presents a summary of operating information (in thousands):
SCHEDULE
OF REVENUES FROM EXTERNAL CUSTOMERS
| | |
| | |
| |
| | |
Year Ended June 30, | |
| | |
2025 | | |
2024 | |
| Revenue from external customers: | |
| | | |
| | |
| Fund management - related party | |
$ | 17,135 | | |
$ | 18,965 | |
| Food products | |
| 6,720 | | |
| 7,271 | |
| Beauty products | |
| 2,974 | | |
| 3,296 | |
| Security systems | |
| 2,471 | | |
| 2,655 | |
| Financial services | |
| 854 | | |
| 649 | |
| Total revenue | |
$ | 30,154 | | |
$ | 32,836 | |
SCHEDULE
OF OPERATING (LOSS) INCOME FROM EXTERNAL CUSTOMERS
| | |
| | |
| |
| | |
Year Ended June 30, | |
| | |
2025 | | |
2024 | |
| Operating income (loss): | |
| | | |
| | |
| Fund management - related party | |
$ | 3,274 | | |
$ | 4,773 | |
| Food products | |
| 145 | | |
| 321 | |
| Beauty products | |
| (395 | ) | |
| (2,138 | ) |
| Security systems | |
| 250 | | |
| 325 | |
| Financial services | |
| (5,621 | ) | |
| (5,943 | ) |
| Corporate headquarters | |
| (4,343 | ) | |
| (3,594 | ) |
| Total operating loss | |
$ | (6,690 | ) | |
$ | (6,256 | ) |
The
following table presents a summary of identifiable assets by geographical location (in thousands):
SCHEDULE
OF IDENTIFIABLE ASSETS BY GEOGRAPHICAL LOCATION
| | |
| | |
| |
| | |
June 30, | |
| | |
2025 | | |
2024 | |
| Identifiable assets: | |
| | | |
| | |
| United States | |
$ | 22,025 | | |
$ | 22,319 | |
| New Zealand | |
| 3,457 | | |
| 3,898 | |
| United Kingdom | |
| 3,210 | | |
| 3,586 | |
| Canada | |
| 1,728 | | |
| 3,096 | |
| Consolidated total | |
$ | 30,420 | | |
$ | 32,899 | |
|