$MGLD

CONCIERGE TECHNOLOGIES INC

CIK:0001005101|SEC Filings

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Revenue
Revenue	$ 25,313	$ 23,434
Cost of revenue	1,864	3,163
Gross profit	23,449	20,271
Operating expense
Salaries and compensation	9,202	10,781
Fund operations	7,773	5,222
General and administrative expense	6,347	8,175
Impairment loss	3,605
Marketing and advertising	2,296	2,460
Depreciation and amortization	238	468
Total operating expenses	29,461	27,106
Loss from continuing operations	(6,012)	(6,835)
Other income (expense):
Interest and dividend income	365	1,384
Interest expense	(67)	(1,166)
Other income (expense), net	909	(939)
Total other income (expense), net	1,207	(721)
Loss from continuing operations before income taxes	(4,805)	(7,556)
Benefit from income taxes	277	1,562
Net loss from continuing operations	(4,528)	(5,994)
Net income from discontinued operations (see Note 3)	157	174
Net loss	$ (4,371)	$ (5,820)
Weighted average shares of common stock
Basic	42,956	41,701
Diluted	42,956	41,701
Net loss per common share
Basic	$ (0.10)	$ (0.14)
Diluted	$ (0.10)	$ (0.14)
Fund Management Related Party [Member]
Revenue
Revenue	$ 21,126	$ 17,135
Beauty Products [Member]
Revenue
Revenue	3,367	2,974
Security Systems [Member]
Revenue
Revenue		2,471
Financial Services [Member]
Revenue
Revenue	$ 820	$ 854

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (4,371)	$ (5,820)
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment loss	3,605
Depreciation and amortization	308	590
Gain on sale of Brigadier (see Note 7)	(603)
Stock-based compensation	128	825
(Gain) loss on investments	(317)	906
Non-cash interest expense	37	642
Non-cash lease expense	760	682
Deferred income taxes	(298)	(1,610)
Changes in operating assets and liabilities:
Accounts receivable	(1,401)	317
Prepaid income taxes and tax receivable	(213)	555
Inventories	(125)	190
Other assets	553	247
Accounts payable and accrued expenses	469	(190)
Lease liabilities	(851)	(653)
Net cash used in operating activities	(2,319)	(3,319)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of investments	3,487	7,857
Purchase of investments	(3,195)	(7,043)
Proceeds from the sale of Brigadier, net of cash disposed	1,066	720
Purchase of property and equipment	(29)	(54)
Payment of purchase consideration payable	(257)	(277)
Net cash provided by investing activities	1,072	1,203
CASH FLOWS FROM FINANCING ACTIVITIES:
Net proceeds from note payable		3,690
Principal repayment on note payable	(1,316)	(3,064)
Principal repayment of mortgage loan payable		(315)
Sale of common stock less offering costs		1,808
Repurchase of shares to satisfy tax withholding for restricted stock	(25)	(289)
Net cash (used in) provided by financing activities	(1,341)	1,830
Effect of exchange rate change on cash and cash equivalents	413	(182)
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(2,175)	(468)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING BALANCE	5,055	5,523
Total cash, cash equivalents and restricted cash shown in statement of cash flows	2,880	5,055
Cash and cash equivalents	2,880	5,004
Restricted cash		51
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	95	464
Income taxes (net of refunds received)	33	48
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Reclassification of advance from buyer included in gain on sale of Brigadier	720
Acquisition of operating right-of-use assets through operating lease liability	$ 440	$ 690

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Jun. 30, 2025
CURRENT ASSETS
Cash and cash equivalents	$ 2,880	$ 5,004
Accounts receivable, net (of which $2,684 and $1,281, respectively, due from related parties)	2,892	1,778
Inventories	1,051	928
Prepaid income tax and tax receivable	814	833
Investments, at fair value	7,848	7,829
Other current assets	513	1,046
Total current assets	15,998	17,418
Restricted cash		51
Property and equipment, net	22	609
Operating lease right-of-use asset	429	599
Goodwill		2,206
Intangible assets, net		937
Deferred tax assets, net	3,599	3,440
Assets held for sale	2,517	2,821
Other assets	1,414	2,339
Total assets	23,979	30,420
CURRENT LIABILITIES
Accounts payable and accrued expenses	3,364	3,224
Operating lease liabilities, current portion	314	307
Advance from buyer of Brigadier Security Systems (Note 7)		720
Purchase consideration payable, current portion		257
Note payable, current portion		1,268
Total current liabilities	3,678	5,776
Operating lease liabilities, net of current portion	154	341
Deferred tax liabilities, net		221
Liabilities associated with assets held for sale	921	1,095
Total long-term liabilities	1,075	1,657
Total liabilities	4,753	7,433
STOCKHOLDERS’ EQUITY
Preferred stock, $0.001 par value; 50,000 shares authorized; Series B: 13 shares issued and outstanding at both June 30, 2026 and 2025, respectively
Common stock, $0.001 par value; 900,000 shares authorized; 42,712 and 42,818 shares issued and outstanding at June 30, 2026 and 2025, respectively	42	42
Additional paid-in capital	15,270	15,167
Accumulated other comprehensive income (loss)	87	(420)
Retained earnings	3,827	8,198
Total stockholders’ equity	19,226	22,987
Total liabilities and stockholders’ equity	$ 23,979	$ 30,420