Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Jun. 30, 2024
Current assets:
Cash	$ 77,741	$ 48,636
Receivables, net	137,723	36,596
Derivative assets	134,515	114,720
Secured loans receivable	94,037	113,067
Precious metals held under financing arrangements	0	22,066
Inventories:
Inventories	794,812	579,400
Restricted inventories	484,733	517,744
Restricted and non-restricted inventory, net	1,279,545	1,097,144
Income tax receivable	4,575	1,562
Prepaid expenses and other assets	15,359	8,412
Total current assets	1,743,495	1,442,203
Operating lease right of use assets	22,843	9,543
Property, plant, and equipment, net	45,509	20,263
Goodwill	228,650	199,937
Intangibles, net	137,314	101,663
Long-term investments	33,015	50,458
Other long-term assets	4,605	3,753
Total assets	2,215,431	1,827,820
Current liabilities:
Liabilities on borrowed metals	46,051	31,993
Product financing arrangements	484,733	517,744
Accounts payable and other payables	22,248	18,831
Deferred revenue and other advances	426,904	263,286
Derivative liabilities	96,177	26,751
Accrued liabilities	34,021	16,798
Notes payable	3,994	8,367
Total current liabilities	1,114,128	883,770
Lines of credit	345,000	245,000
Notes payable	3,349	3,994
Deferred tax liabilities	18,335	22,187
Other liabilities	31,948	11,013
Total liabilities	1,512,760	1,165,964
Commitments and contingencies (Note 16)
Stockholders' equity:
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of June 30, 2025 or June 30, 2024
Common stock, par value $0.01; 40,000,000 shares authorized; 24,639,386 and 23,965,427 shares issued and 24,639,386 and 22,953,391 shares outstanding as of June 30, 2025 and June 30, 2024, respectively	247	240
Treasury stock, 0 and 1,012,036 shares at cost as of June 30, 2025 and June 30, 2024, respectively	0	(28,277)
Additional paid-in capital	184,998	168,771
Accumulated other comprehensive income	212	61
Retained earnings	464,059	466,838
Total A-Mark Precious Metals, Inc. stockholders' equity	649,516	607,633
Noncontrolling interests	53,155	54,223
Total stockholders’ equity	702,671	661,856
Total liabilities and stockholders' equity	$ 2,215,431	$ 1,827,820

A-Mark Precious Metals, Inc. 10-K