A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Tables)

Related Party Transactions (Tables)

6 Months Ended

Dec. 31, 2022

As of December 31, 2022 and June 30, 2022, the Company had related party receivables and payables balances as set forth below:


in thousands
	December 31, 2022						June 30, 2022
	Receivables			Payables			Receivables			Payables
Stack's Bowers Galleries	$	185	(1)	$	—		$	—		$	1,802	(3)
Equity method investees		1,235	(1)		2,615	(2)		3,060	(1)		173	(3)
	$	1,420		$	2,615		$	3,060		$	1,975

(1)

Balance includes trade receivables and other receivables, net

(2)

Balance includes a note payable, trade payables, and other payables, net

(3)

Balance primarily represents trade payables and other payables, net

Schedule of Sales and Purchases of Related Parties

During the three and six months ended December 31, 2022 and 2021, the Company made sales and purchases to various companies, which have been deemed to be related parties, as follows:


in thousands
	Three Months Ended								Six Months Ended
	December 31, 2022				December 31, 2021				December 31, 2022				December 31, 2021
	Sales		Purchases		Sales		Purchases		Sales		Purchases		Sales		Purchases
Stack's Bowers Galleries	$	30,332	$	9,255	$	7,303	$	13,931	$	64,255	$	16,104	$	13,651	$	29,310
Equity method investees		198,608		5,883		169,317		13,015		420,715		15,108		286,983		22,268
	$	228,940	$	15,138	$	176,620	$	26,946	$	484,970	$	31,212	$	300,634	$	51,578

Schedule of Interest Income

During the three and six months ended December 31, 2022 and 2021, the Company earned interest income related to loans made to Stack's Bower Galleries and from financing arrangements (including repurchase agreements) with affiliated companies, as set forth below:


in thousands
	Three Months Ended				Six Months Ended
	December 31, 2022		December 31, 2021		December 31, 2022		December 31, 2021
Interest income from secured loans receivables	$	—	$	41	$	—	$	99
Interest income from finance products and repurchase arrangements		1,628		1,850		3,433		3,961
	$	1,628	$	1,891	$	3,433	$	4,060

Selling, general, and administrative

During the three months ended December 31, 2022 and 2021, the Company incurred selling general, and administrative expense related to its subleasing agreement with Stack's Bower Galleries that totaled $10,000 and $0, respectively.

During the six months ended December 31, 2022 and 2021, the Company incurred selling, general, and administrative expense related to its subleasing agreement with Stack's Bower Galleries that that totaled $10,000 and $0, respectively.

Interest Expense

During the three months ended December 31, 2022 and 2021,