Is Meridian Holdings, Inc. (MRDH) a Buy, Sell, or Hold?
OTC : MRDH
Meridian Holdings, Inc. — Financials
$0.018 USD
$0.0 (-5.26%)
- Volume
- 5K
- Average Volume
- 29.77K
- Market Capitalization
- $2.7M
- P/E Ratio
- -0.62
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.05
- Year Low
- $0.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.19
MRDH Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 105.11K | 228.39K | - | - | - | - | - | 1.77M | 2.37M | 2.62M |
| costOfRevenue | - | 228.39K | - | - | - | - | - | 630.37K | 1.29M | 900.2K |
| grossProfit | - | - | - | - | - | - | - | 1.14M | 1.08M | 1.72M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 235.4K | 216K | 232K | 577K | 204.05K | 204K | 204K | 816.84K | 1.55M | 1.52M |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 235.4K | 216K | 232K | 577K | 204.05K | 204K | 204K | 816.84K | 1.55M | 1.52M |
| costAndExpenses | 235.4K | 216K | 232K | 577K | 204.05K | 204K | 204K | 1.45M | 2.84M | 2.42M |
| netInterestIncome | - | - | - | - | -29185 | -40 | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | - | - | 29185 | 40 | 40 | - | - | - |
| depreciationAndAmortization | - | - | 167.9K | 228.48K | 236.56K | 206.3K | 171.86K | 17493 | 18232 | 33030 |
| ebitda | -130.29K | 12386 | -64105 | -308.91K | 32508 | 2297 | -32140 | -1.35M | -454.75K | 241.46K |
| ebit | -130.29K | 12386 | -232K | -537.4K | -204.05K | -204K | -204K | 323.35K | -472.98K | 208.43K |
| nonOperatingIncomeExcludingInterest | - | - | - | -39603 | - | - | - | 2 | - | - |
| operatingIncome | -130.29K | 12386 | -232K | -577K | -204.05K | -204K | -204K | 323.36K | -472.98K | 208.43K |
| totalOtherIncomeExpensesNet | - | - | - | 39603 | - | -40 | -40 | -1.69M | -15675 | -24545 |
| incomeBeforeTax | -130.29K | 12386 | -232K | -537.4K | -204.05K | -204.04K | -204.04K | -1.36M | -488.66K | 183.88K |
| incomeTaxExpense | - | 3097 | - | - | - | 800 | 800 | - | 15675 | - |
| netIncomeFromContinuingOperations | -130.29K | 9289 | -232K | -537.4K | -204.05K | -204.84K | -204.84K | -1.36M | -522.23K | 183.88K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | -45316 |
| netIncome | -130.29K | 9290 | -232K | -537.4K | -204.05K | -204.84K | -204.84K | -1.36M | -522.23K | 138.57K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -130.29K | 9290 | -232K | -537.4K | -204.05K | -204.84K | -204.84K | -1.36M | -522.23K | 138.57K |
| eps | -0.06 | 0.0 | -0.0 | -0.01 | -0.0 | -0.0 | -0.0 | -0.09 | -0.04 | 0.01 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | - | - | -178.01K | - | - | - | - | 22525 | 173.63K | 1218 |
| shortTermInvestments | 178.01K | 178.01K | 178.01K | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 178.01K | 178.01K | 178.01K | - | - | - | - | 22525 | 173.63K | 1218 |
| netReceivables | 333.49K | 228.39K | - | - | 21529 | - | - | 2.25M | 1.65M | 1.5M |
| accountsReceivables | 333.49K | 228.39K | - | - | 21529 | - | - | 2.25M | 1.65M | 1.5M |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | 11525 | 217.28K | 281.01K |
| prepaids | - | - | - | - | - | - | - | -11525 | -217.28K | -281.01K |
| otherCurrentAssets | - | - | - | - | - | - | - | 7803 | 11421 | 9801 |
| totalCurrentAssets | 511.5K | 406.4K | 178.01K | - | 21529 | - | - | 2.29M | 2.05M | 1.79M |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | 16451 | 33944 | 43258 |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | 3.42M | 3.45M |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | 3.42M | 3.45M |
| longTermInvestments | - | - | - | - | - | - | - | 2M | 3.42M | 3.45M |
| taxAssets | - | - | - | - | - | - | - | - | -6.85M | -3.45M |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | 3.42M | - |
| totalNonCurrentAssets | - | - | - | - | - | - | - | 2.02M | 3.46M | 3.49M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 511.5K | 406.4K | 178.01K | - | 21529 | - | - | 4.3M | 5.51M | 5.28M |
| totalPayables | - | - | - | - | - | - | - | 309.16K | 110.92K | 233.3K |
| accountPayables | - | - | - | - | - | - | - | 309.16K | 110.92K | 233.3K |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | 307.02K | 299.5K | - |
| shortTermDebt | 2.81M | 2.56M | 2.36M | 2.18M | 2.03M | 1.42M | 1.22M | 54808 | 54380 | 48912 |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | 307.02K | 299.5K | - |
| otherCurrentLiabilities | - | - | - | - | - | 466K | 466K | 39840 | 396.14K | 227.82K |
| totalCurrentLiabilities | 2.81M | 2.56M | 2.36M | 2.18M | 2.03M | 1.89M | 1.69M | 710.82K | 666.12K | 510.03K |
| longTermDebt | - | - | - | - | - | - | - | 96205 | 280.9K | 189.48K |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | -194.83K | - |
| totalNonCurrentLiabilities | - | - | - | - | - | - | - | 96205 | 280.9K | 189.48K |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 2.81M | 2.56M | 2.36M | 2.18M | 2.03M | 1.89M | 1.69M | 807.03K | 947.02K | 699.51K |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 150.58K | 150.58K | 150.58K | 144.08K | 59579 | 100 | 100 | 18121 | 14370 | 9370 |
| retainedEarnings | -2.98M | -2.85M | -2.86M | -2.67M | -1.89M | -1.89M | -1.69M | -2.34M | -981.04K | -458.81K |
| additionalPaidInCapital | 530.01K | 530.01K | 530.01K | - | - | - | - | 5.82M | 5.53M | 5.03M |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -576.5K | -204.05K | -204.84K | -204.84K | -1.36M | -522.23K | 138.28K | -43803 | -11254 | 102.56K |
| depreciationAndAmortization | - | - | - | - | 17493 | 18232 | 33030 | 47178 | - | 355.67K |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | - | 350.03K | - | - | -241.19K | 259.71K | -702.79K | 576.97K | -365.04K | -607.32K |
| accountsReceivables | - | -21529 | - | - | -600.01K | -146.36K | -343.51K | 329.56K | - | - |
| inventory | - | - | - | - | - | - | 96375 | - | - | - |
| accountsPayables | - | -466K | - | - | 3397 | 72458 | -49425 | 79976 | - | - |
| otherWorkingCapital | - | 837.56K | - | - | 355.42K | 333.6K | -309.85K | 167.43K | - | - |
| otherNonCashItems | 432.5K | -350.03K | - | - | 1.42M | 533.57K | 45316 | -107.52K | -251.58K | 32003 |
| netCashProvidedByOperatingActivities | -144K | -204.05K | -204.84K | -204.84K | -161.68K | 289.28K | -486.16K | 472.82K | -627.88K | -117.09K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | -8918 | -30595 | -20002 | - | -47224 |
| acquisitionsNet | - | - | - | - | - | - | 315K | - | - | -2.7M |
| purchasesOfInvestments | - | - | - | - | - | -10001 | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | 417.33K | - | - | - |
| otherInvestingActivities | - | - | - | - | - | -10001 | - | -350K | 13858 | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | -18919 | 701.74K | -370K | 13858 | -2.75M |
| netDebtIssuance | - | - | - | - | 10573 | -97713 | -141.02K | -87000 | 367.7K | 2.97M |
| longTermNetDebtIssuance | - | - | - | - | 10488 | -99064 | -146.05K | -87000 | 367.7K | 2.97M |
| shortTermNetDebtIssuance | - | - | - | - | 85 | 1351 | 5027 | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | 33 | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | 33 | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | 33 | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 144K | 204.05K | 204.84K | 204.84K | - | -236 | -96375 | - | - | - |
| netCashProvidedByFinancingActivities | 144K | 204.05K | 204.84K | 204.84K | 10573 | -97949 | -237.4K | -87000 | 367.74K | 2.97M |
| date | 2026-03-31 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 35736 | 19102 | 13878 | 147.41K | 47593 | 19502 | - | - | - | - |
| costOfRevenue | - | - | 80973 | 147.41K | - | - | - | - | - | - |
| grossProfit | - | - | -67095 | - | 47593 | 19502 | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 63799 | 54000 | 54000 | 54000 | 54000 | 54000 | 65500 | 52500 | 91500 | 94500 |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 63799 | 54000 | 54000 | 54000 | 54000 | 54000 | 65500 | 52500 | 91500 | 94500 |
| costAndExpenses | 63799 | 54000 | 54000 | 54000 | 54000 | 54000 | 65500 | 52500 | 91500 | 94500 |
| netInterestIncome | - | - | - | - | - | - | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | - | - | -43279 | - | 3 | 43276 | 43812 | - | 122.08K | 41584 |
| ebitda | -28064 | -34898 | -40120 | 93413 | -6404 | -34500 | 6500 | -52500 | 30585 | -52916 |
| ebit | -28064 | -34898 | -40122 | 93413 | -6407 | -34498 | -65500 | -52500 | -91500 | -94500 |
| nonOperatingIncomeExcludingInterest | - | - | 5 | - | -3 | - | - | - | - | - |
| operatingIncome | -28064 | -34898 | -40117 | 93413 | -6410 | -34500 | -65500 | -52500 | -91500 | -94500 |
| totalOtherIncomeExpensesNet | - | - | -5 | - | 3 | - | - | - | - | - |
| incomeBeforeTax | -28064 | -34898 | -40122 | 93413 | -6407 | -34498 | -65500 | -52500 | -91500 | -94500 |
| incomeTaxExpense | - | - | -10030 | 23563 | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -28064 | -34898 | -30093 | 69850 | -6407 | -34498 | -65500 | -52500 | -91500 | -94500 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | -209 | 210 | - | - | - | - | - | - |
| netIncome | -28064 | -34898 | -19865 | 70060 | -6407 | -34498 | -65500 | -52500 | -91500 | -94500 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -28064 | -34898 | -19865 | 70060 | -6407 | -34498 | -65500 | -52500 | -91500 | -94500 |
| eps | -0.01 | -0.02 | -0.01 | 0.03 | -0.0 | -0.02 | -0.0 | -0.0 | -0.0 | -0.0 |
| date | 2026-03-31 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | - | - | - | - | -178.01K | -178.01K | -178.01K | - | - | - |
| shortTermInvestments | 178.01K | 178.01K | 178.01K | 178.01K | 178.01K | 178.01K | 178.01K | - | - | - |
| cashAndShortTermInvestments | 178.01K | 178.01K | 178.01K | 178.01K | 178.01K | 178.01K | 178.01K | - | - | - |
| netReceivables | 369.23K | 247.49K | 228.39K | 214.51K | 67095 | 19502 | - | - | - | - |
| accountsReceivables | 369.23K | 247.49K | 228.39K | 214.51K | 67095 | 19502 | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | - | - | - | -20 | - | - | - | - | - | - |
| totalCurrentAssets | 547.24K | 425.5K | 406.4K | 392.5K | 245.11K | 197.51K | 178.01K | - | - | - |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 547.24K | 425.5K | 406.4K | 392.5K | 245.11K | 197.51K | 178.01K | - | - | - |
| totalPayables | - | - | - | - | - | - | - | - | - | - |
| accountPayables | - | - | - | - | - | - | - | - | - | - |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 2.88M | 2.63M | 2.56M | 2.52M | 2.47M | 2.42M | 2.36M | 2.35M | 2.36M | 2.27M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | - | - | - | - | - | - | 4500 | 7500.0 |
| totalCurrentLiabilities | 2.88M | 2.63M | 2.56M | 2.52M | 2.47M | 2.42M | 2.36M | 2.35M | 2.36M | 2.27M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | - | - | - | - | - | - | - | - | - | - |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 2.88M | 2.63M | 2.56M | 2.52M | 2.47M | 2.42M | 2.36M | 2.35M | 2.36M | 2.27M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 150.58K | 150.58K | 150.58K | 150.58K | 150.58K | 150.58K | 150.58K | 144.08K | 144.08K | 144.08K |
| retainedEarnings | -3.01M | -2.89M | -2.85M | -2.81M | -2.9M | -2.9M | -2.86M | -2.84M | -2.86M | -2.77M |
| additionalPaidInCapital | 530.01K | 530.01K | 530.01K | 530.01K | 530.01K | 530.01K | 530.01K | - | - | - |
| date | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -52500 | -91500 | -94500 | -407.56K | -93148 | -53500 | -58296 | -31021 | -49450 | -51345 |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -280.5K | 186K | 94500 | - | 57148 | 53500 | 58296 | 194.34K | - | - |
| accountsReceivables | - | - | - | - | - | - | - | -19979 | - | - |
| inventory | - | - | - | - | - | - | - | 837.56K | - | - |
| accountsPayables | -12000 | 4500 | 7500 | - | - | - | - | -515.24K | - | - |
| otherWorkingCapital | -268.5K | 181.5K | 87000 | - | 57148 | 53500 | 58296 | -108K | - | - |
| otherNonCashItems | 72000 | - | -7500 | 263.56K | 36000 | - | - | 535.21K | 155.68K | - |
| netCashProvidedByOperatingActivities | -261K | 94500 | -7500 | -144K | -36000 | - | - | 163.32K | 106.24K | -51345 |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 166.5K | - | - | 144K | - | - | - | -163.32K | -106.24K | 51345 |
| netCashProvidedByFinancingActivities | 166.5K | - | - | 144K | - | - | - | -163.32K | -106.24K | 51345 |