A-Mark Precious Metals, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

Leases (Tables)

3 Months Ended

Sep. 30, 2025

Components of lease expense were as follows (in thousands):


	Three Months Ended September 30,
	2025		2024
Operating lease costs	$	1,663	$	709
Variable lease costs		487		182
Short term lease costs		73		10
Finance lease costs		28		7
	$	2,251	$	908

Schedule of Future Undiscounted Cash Flows for Each of Next Five Years and Thereafter and Reconciliation to Lease Liabilities for Operating Leases

The future undiscounted cash flows for each of the next five years and thereafter, and reconciliation to the lease liabilities as of September 30, 2025 for our operating leases were as follows (in thousands):


Fiscal Year ending June 30,	Operating Leases
2026 (remainder)	$	4,956
2027		5,669
2028		4,710
2029		3,612
2030		2,891
Thereafter		4,498
Total lease payments		26,336
Imputed interest		(3,959	)
Total operating lease liability	$	22,377		(1)
Operating lease liability - current	$	5,196		(2)
Operating lease liability - long-term		17,181		(3)
	$	22,377		(1)

(1)

Represents the present value of the operating lease liabilities as of September 30, 2025.

(2)

Current operating lease liabilities are presented within accrued liabilities on our condensed consolidated balance sheets.

(3)

Long-term operating lease liabilities are presented within other liabilities on our condensed consolidated balance sheets.