10-Q quarterly report · filed Apr 28, 2026

Meridian Holdings Inc./NV (MRDN) Q1 2026 10-Q Quarterly Report

Short answer

Meridian Holdings Inc./NV (MRDN) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $50M (up 17.3% year over year) with net income of $2M.

Q1 2026 key financials · XBRL

Revenue
$50M
+17.3% YoY
Net income
$2M
+1036.1% YoY
Operating margin
6.3%
Gross margin
56.2%
EPS (diluted)
$0.18

Source: XBRL data from the Meridian Holdings Inc./NV (MRDN) Q1 2026 10-Q on SEC EDGAR. USD.

Meridian Holdings Inc./NV Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Cash $16.2M as of March 31, 2026, with $22.8M working-capital deficit
  • Management expects cash sufficient for current needs for at least twelve months
  • Up to $16.9M available through at-the-market equity offerings
  • Debt balances: Unicredit $10.7M, Hipotekarna $0.1M, Salindrija $1.0M, Makerplay $1.1M
  • No quarterly revenue, YoY change, margin, segment-performance, or operating-cash-flow figures provided

Risk Factors

  • No material risk-factor changes identified; filing directs investors to the Form 10-K risk factors
  • Capital-allocation risk: $2.877 million remaining under the $3.0 million repurchase authorization through December 15, 2026
  • Compliance risk: future repurchases subject to Rule 10b-18, Rule 10b5-1, and other applicable securities laws
  • Liquidity risk: repurchases remain discretionary and compete with alternative uses of capital

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

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