Marygold Companies, Inc. Earnings Per Share Disclosure
Basic net loss per share is based upon the weighted average number of common shares outstanding. This calculation includes the weighted average number of Series B Convertible Preferred shares outstanding also as they are deemed to be substantially similar to the common shares and shareholders are entitled to the same liquidation and dividend rights. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. For the year ended June 30, 2025, the Company excluded shares related to outstanding stock options, shares related to outstanding restricted stock awards and 82,500 shares related to outstanding warrants, and for the year ended June 30, 2024, the Company excluded shares related to outstanding stock options, shares related to outstanding restricted stock awards and shares related to outstanding warrants, respectively, from the diluted net loss per share calculation as their effect would be anti-dilutive. Since the Company generated a net loss in both fiscal 2025 and 2024, basic and diluted net loss per share were the same.
Year Ended June 30, 2025 | Year Ended June 30, 2024 | |||||||||||||||||||||||
| Net Loss | Shares | Per Share | Net Loss | Shares | Per Share | |||||||||||||||||||
| Basic and diluted net loss per share: | ||||||||||||||||||||||||
| Net loss available to common shareholders | $ | (5,719 | ) | $ | ) | $ | (3,970 | ) | $ | ) | ||||||||||||||
| Net loss available to preferred shareholders | (101 | ) | $ | ) | (99 | ) | $ | ) | ||||||||||||||||
| Basic and diluted net loss per share | $ | (5,820 | ) | $ | ) | $ | (4,069 | ) | $ | ) | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 19, 2025 | Showing above |
| 2024 | Sep 18, 2024 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.