For the quarter ending 2026-03-31, MRDN has $111,867,270 in assets. $61,436,870 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 16,234,441 | 18,078,300 | ||
| Accounts receivable, net | 5,498,687 | 7,954,116 | ||
| Accounts receivable - related parties | 476,710 | 465,691 | ||
| Taxes receivable | 468,208 | 595,434 | ||
| Inventory | 4,863,081 | 5,524,570 | ||
| Prepaid expenses | 665,289 | 652,224 | ||
| Other current assets, net | 2,276,108 | 2,167,818 | ||
| Total current assets | 30,482,524 | 35,438,153 | ||
| Goodwill & intangible assets, net | 35,070,728 | 34,914,920 | ||
| Property, plant & equipment, net | 27,360,672 | 28,963,866 | ||
| Investments | 3,569,647 | 3,650,526 | ||
| Deposits | 6,319,264 | 6,315,584 | ||
| Operating lease right-of-use assets | 6,090,193 | 6,296,336 | ||
| Other non-current assets | 2,974,242 | 2,499,415 | ||
| Total non-current assets | 81,384,746 | 82,640,647 | ||
| Total assets | 111,867,270 | 118,078,800 | ||
| Accounts payable and accrued liabilities | 18,374,031 | 20,572,774 | ||
| Accounts payable - related parties | 438,458 | 295,165 | ||
| Current portion of operating lease liability | 2,698,136 | 2,656,508 | ||
| Current portion of long-term loan - related party | - | 0 | ||
| Current portion of long-term loan | 8,032,261 | 10,581,035 | ||
| Taxes payable | 4,481,640 | 5,011,261 | ||
| Other current liabilities | 1,136,603 | 1,592,958 | ||
| Deferred revenues | 1,076,788 | 1,111,332 | ||
| Contingent liability | 233,988 | 228,667 | ||
| Current portion of consideration payable - related parties | 15,905,672 | 16,199,672 | ||
| Current portion of consideration payable | 881,947 | 1,317,526 | ||
| Total current liabilities | 53,259,524 | 59,566,898 | ||
| Non-current portion of operating lease liability | 3,304,088 | 3,562,859 | ||
| Non-current portion of long-term loan | 4,854,214 | 6,590,907 | ||
| Other non-current liabilities | 19,044 | 19,510 | ||
| Non-current portion of consideration payable - related parties | - | 0 | ||
| Total non-current liabilities | 8,177,346 | 10,173,276 | ||
| Total liabilities | 61,436,870 | 69,740,174 | ||
| Preferred stock, value | - | 0 | ||
| Preferred stock, value-Series BPreferred Stock | - | 0 | ||
| Preferred stock, value-Series CPreferred Stock | - | 0 | ||
| Common stock 0.00001 par value 25,000,000 shares authorized 12,640,919 and 12,641,023 shares issued and outstanding, respectively | 126 | 126 | ||
| Stock payable | 102,006 | 102,006 | ||
| Stock payable - related party | 573,154 | 573,154 | ||
| Additional paid-in capital | 83,180,297 | 82,933,355 | ||
| Treasury stock, at cost (17,062 and 4,983 shares, respectively) | 244,208 | 244,208 | ||
| Accumulated other comprehensive income (loss) | -4,076,810 | -3,753,485 | ||
| Accumulated earnings | -30,804,827 | -33,065,622 | ||
| Total shareholders' equity of mrdn | 48,729,738 | 46,545,326 | ||
| Noncontrolling interests | 1,700,662 | 1,793,300 | ||
| Total equity | 50,430,400 | 48,338,626 | ||
| Total liabilities and equity | 111,867,270 | 118,078,800 | ||
Meridian Holdings Inc. NV (MRDN)
Meridian Holdings Inc. NV (MRDN)