Great Elm Group, Inc.

For the period ended Jun 30, 2025. Filed Sep 2, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Sep 2, 2025

GEG$2.15-1.4%Stored close · as of Nov 9, 2026

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Contents

Cover page

PART I

Item 1. Business Item 1A. Risk Factors Item 1B. Unresolved Staff Comments Item 1C. Cybersecurity Item 2. Properties Item 3. Legal Proceedings

Item 4. Mine Safety Disclosures (no text here)

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Item 6. [Reserved] (no text here)

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Item 7A. Quantitative and Qualitative Disclosures About Market Risk (no text here)

Item 8. Financial Statements and Supplementary Data

Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure (no text here)

Item 9A. Controls and Procedures Item 9B. Other Information

Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections (no text here)

PART III

Item 10. Directors, Executive Officers and Corporate Governance

Item 11. Executive Compensation (no text here)

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters (no text here)

Item 13. Certain Relationships and Related Transactions, and Director Independence (no text here)

Item 14. Principal Accountant Fees and Services (no text here)

PART IV

Item 15. Exhibits, Financial Statement Schedules Exhibit Index Item 16. Form 10-K Summary Signatures Index to Financial Statements Report of Independent Registered Public Accounting Firm (PCAOB ID: 34)Consolidated Balance Sheets at June 30, 2025 and 2024 Consolidated Statements of Operations for the years ended June 30, 2025 and 2024 Consolidated Statements of Stockholders’ Equity for the years ended June 30, 2025 and 2024 Consolidated Statements of Cash Flows for the years ended June 30, 2025 and 2024 Notes to the Consolidated Financial Statements

Signatures

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized as of September 2, 2025.

GREAT ELM GROUP, INC.
By:	/s/ Jason W. Reese
Name:	Jason W. Reese
Title:	Chief Executive Officer & Chairman

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated as of September 2, 2025.

Matthew A. Drapkin
Signature	Title
/s/ Jason W. Reese	Chief Executive Officer & Chairman
Jason W. Reese	(Principal Executive Officer)
/s/ Keri A. Davis	Chief Financial Officer & Chief Accounting Officer
Keri A. Davis	(Principal Financial and Accounting Officer)
/s/ Matthew A. Drapkin	Director
/s/ James H. Hugar	Director
James H. Hugar
/s/ Lloyd Nathan	Director
Lloyd Nathan
/s/ David Matter	Director
David Matter
/s/ James P. Parmelee	Director
James P. Parmelee
/s/ Eric J. Scheyer	Director
Eric J. Scheyer
/s/ Booker Smith	Director
Booker Smith

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.