secwatch.observer — SEC 8-K summary
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Issuer:     Marygold Companies, Inc. (MGLD)
CIK:        0001005101
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001437749-23-003399
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marygold Q2 revenue $8.8M; net income $182K; fintech app in beta
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- Net revenue $8.8M in Q2, down from $9.4M YoY; net income $181,794 vs $1.0M.
- H1 net income $678,962 improved from loss of $857,658 (incl. $2.5M legal settlement).
- Cash and cash equivalents $14.6M, no debt; stockholders' equity $29.8M.
- USCF AUM averaged $3.8B in Q2, down from $4.2B prior year.
- Fintech app enters beta testing; soft launch expected later calendar 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005101/000143774923003399/0001437749-23-003399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005101/000143774923003399/mgld20230213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-003399

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer