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Meridian Holdings Inc. (MRDN)

Nasdaq: MRDN · Services-Prepackaged Software · Las Vegas, NV · filing with the SEC since 2008
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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2023FY 2022FY 2021FY 2021FY 2019FY 2018FY 2017
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Oct 31, 2023Oct 31, 2022Oct 31, 2021Jan 31, 2021Jul 31, 2019Jul 31, 2018Jul 31, 2017
Report filedMar 31, 2026Mar 24, 2025·Jan 17, 2024Jan 30, 2023Jan 13, 2022Apr 30, 2021Oct 23, 2019Oct 29, 2018Nov 7, 2017
Revenue182,863,373151,115,53292,993,52144,174,05236,034,85611,285,7315,223,059r452,7710120,000
For lenders
Net interest income····9,190·1,6118,1200·
Cost of revenue79,406,65362,543,40724,750,29334,305,18126,872,2297,006,0222,000,05221,998r72,00350,000
Gross profit103,456,72088,572,12568,243,2289,868,8719,162,627·3,223,0072,860,215843,80170,000
Research and development7,097,4356,074,013··23,092·47,55800·
Selling, general and administrative199,625,72885,828,42154,483,998·······
General and administrative···8,431,1926,128,998r·566,593·186,040385
Total operating expenses24,026,355··10,395,1188,970,135·2,823,6821,047,8901,834,748320,436
Total costs and expenses·······321,339186,040·
Operating income-96,169,0082,743,70413,759,230-526,247192,492·399,3251,812,325-990,947-250,436
Interest expense4,578,8443,521,28836,16312,4000·11,85245,350r162,041413,655
Interest and investment income240,723218,14597,82057,0049,190·····
Other income (expense), net-1,019,322-1,535,1861,706,372·270,585·-1,245-42,417-327,4262,051,516
Total non-operating income (expense)···36,803270,585·····
Income before income taxes-97,188,3301,208,51815,465,602-489,444463,077·398,080···
Income tax expense-5,206,1942,618,3671,570,716683,306419,049·0···
Income from continuing operations·22,160,401········
Net income including non-controlling interests-91,982,136-1,409,84913,894,8861,172,750-44,028r·398,0801,769,908-1,318,373·
Net income to non-controlling interests-2,084,28670,400192,3480294,066·0···
Net income-91,982,136-1,409,849r13,702,538-1,172,75044,028r·398,0801,769,908-1,318,3731,801,080
Net income to common shareholders-89,897,850-1,480,24913,702,538-1,172,750-250,038·398,0801,769,908-1,318,373·
Earnings per share, basic-7.76-0.16r1.92b-0.36b-0.12b·0.24b1.08rb-2.04rb0.48b
Earnings per share, diluted-7.76-0.16r1.92b-0.36b-0.12b·0.12b0.72rb-2.04rb0.00b
Weighted average shares, basic11,589,0769,459,308r6,956,266b2,951,725b2,336,833b·1,662,818b1,563,667rb644,143rb4,152,158b
Weighted average shares, diluted11,589,0769,459,308r6,956,266b2,951,725b2,336,833b·2,632,380b344,909,264b96,621,494b150,169,122b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-12 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MRDN · research, not advice