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U S GLOBAL INVESTORS INC

For the period ended Jun 30, 2025. Filed Sep 8, 2025.

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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 8, 2025

GROW$2.58+3.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Table of Contents

Item 1. Business1
Item 1A. Risk Factors5
Item 1B. Unresolved Staff Comments10
Item 1C. Cybersecurity
Item 2. Properties10
Item 3. Legal Proceedings10
Item 4. Mine Safety Disclosures10
Item 5. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities11
Item 6. [Reserved]12
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations12
Item 7A. Quantitative and Qualitative Disclosures About Market Risk18
Item 8. Financial Statements and Supplementary Data19
Report of Independent Registered Public Accounting Firm (Grant Thornton LLP; Dallas, Texas; PCAOB ID# 248)19
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure46
Item 9A. Controls and Procedures46
Item 9B. Other Information46
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections46
Item 10. Directors, Executive Officers and Corporate Governance47
Item 11. Executive Compensation49
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters53
Item 13. Certain Relationships and Related Transactions, and Director Independence54
Item 14. Principal Accounting Fees and Services54
Item 15. Exhibits, Financial Statement Schedules55
Signatures57
Exhibit 21 — Subsidiaries of the Company, Jurisdiction of Incorporation, and Percentage of Ownership
Exhibit 23.1 — Consent of Grant Thornton LLP
Exhibit 31.1 — Rule 13a – 14(a) Certifications (under Section 302 of the Sarbanes-Oxley Act of 2002)
Exhibit 32.1 — Section 1350 Certifications (under Section 906 of the Sarbanes-Oxley Act of 2002)
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.