Meridian Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	16.23	18.08	30.13	20.41	13.11	9.53
Short-Term Investments	0.35	0.35	0.33	0.01	0.01	0.03
Cash & Short-Term Investments	16.58	18.43	30.46	20.42	13.12	9.57
Cash Growth	-44.76%	-39.48%	49.18%	55.61%	37.12%	-
Accounts Receivable	5.98	8.42	6.73	3.07	2.66	2.93
Other Receivables	2.4	2.41	2.99	2.98	2.33	1.51
Receivables	8.37	10.83	9.72	6.05	4.99	4.44
Inventory	4.86	5.52	3.94	0.13	0.12	0.07
Prepaid Expenses	0.67	0.65	0.96	0.33	0.15	0.08
Other Current Assets	-	-	-	-	0.34	0.43
Total Current Assets	30.48	35.44	45.07	26.93	18.94	14.94
Property, Plant & Equipment	33.45	35.26	35.07	30.35	28.65	26.13
Long-Term Investments	9.43	7.35	3.83	0.24	0.26	0.25
Goodwill	8.84	8.45	71.25	-	-	-
Other Intangible Assets	26.23	26.46	56.39	15.11	9.66	7.53
Other Long-Term Assets	2.56	5.12	2.11	7.23	6.08	5.58
Total Assets	111.87	118.08	213.72	79.85	63.59	54.42
Accounts Payable	18.37	20.57	12.91	11.3	7.35	5.87
Accrued Expenses	4.58	4.55	2.97	2.58	1.72	1.96
Short-Term Debt	-	-	0.08	0.05	-	-
Current Portion of Long-Term Debt	8.03	10.58	17.29	-	-	-
Current Portion of Leases	2.7	2.66	2.38	2.3	2.04	2.23
Current Income Taxes Payable	1.07	1.37	1.4	1.26	1.06	0.65
Current Unearned Revenue	1.08	1.11	1.1	-	-	-
Other Current Liabilities	17.42	18.73	25.42	0.08	0.35	0.39
Total Current Liabilities	53.26	59.57	63.55	17.57	12.59	11.23
Long-Term Debt	4.85	6.59	14.36	-	-	-
Long-Term Leases	3.31	3.57	5.23	1.8	2.6	2.84
Long-Term Unearned Revenue	-	-	-	-	1.32	2.63
Pension & Post-Retirement Benefits	0.02	0.02	0.01	0.02	0.01	0.02
Long-Term Deferred Tax Liabilities	-	-	6.61	0.21	-	-
Other Long-Term Liabilities	-	-	15	0.27	-	-
Total Liabilities	61.44	69.74	104.77	19.87	16.53	16.71
Common Stock	0	0	0	0	-	-
Additional Paid-In Capital	83.18	82.93	50.31	3.04	3.05	3.05
Retained Earnings	-30.8	-33.07	57.05	59.3	47.39	38.39
Treasury Stock	-0.24	-0.24	-0.12	-	-	-
Comprehensive Income & Other	-3.4	-3.08	-2.17	-3.31	-4.13	-4.3
Total Common Equity	48.73	46.55	105.07	59.03	46.31	37.14
Minority Interest	1.7	1.79	3.88	0.95	0.76	0.58
Shareholders' Equity	50.43	48.34	108.95	59.99	47.06	37.71
Total Liabilities & Equity	111.87	118.08	213.72	79.85	63.59	54.42
Total Debt	18.89	23.39	39.35	4.15	4.64	5.07
Net Cash (Debt)	-2.31	-4.96	-8.89	16.26	8.48	4.5
Net Cash Growth	-	-	-	91.82%	88.41%	-
Net Cash Per Share	-0.19	-0.43	-0.94	2.34	-	-
Filing Date Shares Outstanding	12.65	12.62	11.01	6.96	-	-
Total Common Shares Outstanding	12.62	12.62	10.77	6.96	-	-
Working Capital	-22.78	-24.13	-18.48	9.36	6.35	3.71
Book Value Per Share	3.86	3.69	9.76	8.49	-	-
Tangible Book Value	13.66	11.63	-22.57	43.93	36.65	29.61
Tangible Book Value Per Share	1.08	0.92	-2.10	6.31	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.