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Gold.com Inc 2026年季度报告

2026-02-06 美股财报 EMJENNNY
报告封面

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 For the transition period from ________ to ________Commission File Number: 001-36347 (IRS Employer I.D. No.) 1550 Scenic Ave. Suite 150, Costa Mesa, California, 92626(Address of principal executive offices) (Zip code)(844) 455-4653(Registrant’s telephone number, including area code) 2121 Rosecrans Ave., Suite 6300, El Segundo, CA 90245(Former address, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past90 days. Yes.☑No.☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of RegulationS-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes.☑No.☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act. Large accelerated filer☐Accelerated filer☑Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes.☐No.☑ As of January 30, 2026, the registrant had 25,296,992 shares of common stock, par value $0.01 per share outstanding. GOLD.COM, INC. AND SUBSIDIARIES QUARTERLY REPORT ON FORM 10-QFor the Quarterly Period Ended December 31, 2025 TABLE OF CONTENTS PagePART IFINANCIAL INFORMATION3Item 1.Financial Statements3Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations46Item 3.Quantitative and Qualitative Disclosures About Market Risk80Item 4.Controls and Procedures81PART IIOTHER INFORMATION81Item 1.Legal Proceedings81Item 1A.Risk Factors82Item 2.Unregistered Sales of Equity Securities and Use of Proceeds82Item 3.Defaults Upon Senior Securities82Item 4.Mine Safety Disclosures82Item 5.Other Information82Item 6.Exhibits and Financial Statement Schedules83Signatures84 PART I - FINANCIAL INFORMATION GOLD.COM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF INCOME(in thousands, except for share and per share data; unaudited) GOLD.COM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(in thousands, except for share data; unaudited) GOLD.COM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands; unaudited) GOLD.COM, INC. AND SUBSIDIARIESNOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1. DESCRIPTION OF BUSINESS Basis of Presentation The consolidated financial statements comprise those of Gold.com, Inc. (also referred to as "we", "us", and the "Company"),its consolidated subsidiaries, and its joint venture in which the Company has a controlling interest. Prior to December 2025,Gold.com, Inc. was operating as A-Mark Precious Metals, Inc. Business Segments The Company conducts its operations in three reportable segments: (i) Wholesale Sales & Ancillary Services, (ii) Direct-to-Consumer, and (iii) Secured Lending. See Note 19 for further information regarding our reportable segments. Wholesale Sales & Ancillary Services The Company operates its Wholesale Sales & Ancillary Services segment directly under the "A-Mark" brand and through itsconsolidated subsidiaries, A-Mark Trading AG (“AMTAG”), Transcontinental Depository Services, LLC ("TDS"), A-M GlobalLogistics, LLC (“AMGL” or "Logistics"), AM&ST Associates, LLC ("AMST" or the "Silver Towne Mint"), AM/LPM Ventures,LLC, which owns a majority interest in LPM Group Limited ("LPM"), Spectrum Group International, LLC, which was formed inFebruary 2025 to acquire all of the stock of Spectrum Group International, Inc. ("SGI"), Pinehurst Coin Exchange, Inc.("Pinehurst"), which was acquired in February 2025, and AM Precious Metals Singapore PTE Ltd. The Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. We offer gold, silver,platinum, and palladium in the form of bars, plates, powder, wafers, grain, ingots, and coins. We sell more than 2,000 coin and barproducts in a variety of weights, shapes, and sizes f