U.S. Global swings to $2.7M profit, remediates material weakness, AUM rises to $1.4B

Filed May 13, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~1 min read

Key Changes

• high

  Material weakness in internal controls remediated; disclosure controls now deemed effective as of March 31, 2026, reversing prior-year deficiency that persisted from June 2024.

  Controls & Procedures verify on EDGAR →
• high

  Q3 net income of $2.7M vs. $382K loss prior year, driven by $1.3M unrealized gains on securities and higher fee revenue from expanded AUM.

  MD&A: Results of Operations verify on EDGAR →
• high

  Assets under management rose to $1.4B from $1.2B year-over-year, reversing prior-year $548M decline; average management fee rate increased to 81 basis points from 65.

  MD&A: AUM & Fee Rates verify on EDGAR →