10-Q quarterly report · filed Oct 30, 2025

Meridian Holdings Inc./NV (MRDN) Q3 2025 10-Q Quarterly Report

Short answer

Meridian Holdings Inc./NV (MRDN) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $47M (up 15.4% year over year) with net income of $566,014.

Q3 2025 key financials · XBRL

Revenue
$47M
+15.4% YoY · +9.4% QoQ
Net income
$566,014
+117.1% YoY · +115.8% QoQ
Operating margin
-0.8%
Gross margin
55.8%
EPS (diluted)
$0.01
+133.3% YoY · +133.3% QoQ

Source: XBRL data from the Meridian Holdings Inc./NV (MRDN) Q3 2025 10-Q on SEC EDGAR. USD.

Meridian Holdings Inc./NV Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New financial risk: potential future funding needs despite no short-term liquidity issues; $22M cash, $25.3M working capital deficit as of Sept 30, 2025
  • Updated financial risk: $15.7M debt owing under UniCredit Bank Facility requiring future repayment planning
  • Carryforward regulatory/compliance risk: costs associated with maintaining public company status impacting near-term expenses
  • Operational risk: dependency on raising additional funds to support operations or acquisition growth beyond 12 months
  • Market risk: uncertain impact of possible unfavorable financing terms on capital raising and business expansion plans

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Meridian Holdings Inc./NV quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.