← Meridian Holdings Inc./NV

Annual Trend FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — — ($1.2m) ($1.4m) ($92.0m)
Net Income (Loss) Attributable to Parent ($2.6m) ($10.0m) $1.8m ($1.3m) $1.8m $398k ($250k) ($1.2m) ($1.5m) ($92.0m)
Net Income (Loss) Available to Common Stockholders, Basic ($2.6m) ($10.0m) $1.8m ($1.3m) $1.8m $398k ($250k) ($1.2m) ($1.5m) ($89.9m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($2.6m) — — — $1.8m — $44k $1.2m ($1.4m) ($92.0m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — $22.2m —
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — $294k $0 $70k ($2.1m)
Depreciation and amortization $0 $4.7m — $129k $207k — — $440k $6.4m $15.2m
Amortization — — $328k — — $0 — — — —
Amortization of Debt Issuance Costs — — — — $207k — — — — —
Amortization of Intangible Assets — — — — — $0 $385k $440k $6.4m $9.2m
Depreciation $0 — — — — — $23k $41k $4.4m $6.0m
Depreciation expenses — — — — — $0 $23k $41k $4.4m $6.0m
Amortization Cash Flow — — — — — — — $440k $6.4m $9.2m
Amortization Of Intangibles — — — — — — — $440k $6.4m $9.2m
Depreciation Amortization Depletion — — — — — — — $481k $10.8m $15.2m
Deferred Income Tax Expense (Benefit) — — — — — — — — ($727k) ($7.3m)
Deferred Other Tax Expense (Benefit) — — — — — — — — $2.6m —
Share-based Payment Arrangement, Noncash Expense — — — — — $1.6m $2.7m $2.2m $4.6m $4.1m
Gain (Loss) on Sale of Assets and Asset Impairment Charges — — — — — — — — — $63.6m
Loss on valuation / impairment — — — — — — — ($25k) $0 $91.8m
Asset Impairment Charge — — — — — — $0 — $1.4m $92.5m
Gain (Loss) on Extinguishment of Debt — ($2.7m) $854k $129 — $0 — — — —
Income Tax Expense (Benefit) $0 — — — — — $419k $683k $2.6m ($5.2m)
Other Nonoperating Income (Expense) — ($4.8m) $2.1m ($327k) — ($1k) $271k — ($1.5m) ($1.0m)
Interest Expense — ($2.7m) — ($129) $106 $44k $0 $12k $1.4m $1.8m
Income Tax Expense — — — $1.2m $91k $0 $550k $532k $3.9m $4.0m
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — ($10k) ($52k) ($10k) ($423k) ($249k) ($916k) $3.1m ($748k) $2.6m
Increase (Decrease) in Inventories — — — — — $0 ($418k) $515k ($958k) $1.3m
Accounts Receivable, Credit Loss Expense (Reversal) — — — — — — — — $1.4m $725k
Proceeds from Stock Options Exercised — — — — — $8k $32k $0 $35k $0
Purchases of property and equipment, accrued but unpaid — — — — — — — $12k $7.2m $6.2m
Foreign Currency Transaction Gain (Loss), before Tax $0 — — — — $9k — — — $760k
Foreign Currency Transaction Gain (Loss), Realized — — — — — — $261k ($8k) ($495k) $760k
Foreign Currency Transaction Gain (Loss), Unrealized — — — — — — $110k ($34k) — —
General and Administrative Expense $1.9m $335k $385 $186k — — $5.4m $8.4m — —
Goodwill — — — — — — $10.5m $10.4m $537k $8.5m
Nonoperating Income (Expense) — — — — — — — $37k — —
Operating Expenses — $5.2m $320k $1.8m $1.0m $2.8m $9.0m $10.4m — $24.0m
Restructuring Costs — — — — — — — — $2.2m —
Revenue from Contract with Customer, Including Assessed Tax — — — — — — — $43.5m — —
Unrealized Gain (Loss) on Derivatives — — — — $5k $0 — — — —
Fair value of stock-based compensation — — — $107k $207k $1.6m $2.7m $2.2m $4.7m $4.1m
Provision for Doubtful Accounts (CF) — — — — — — — $304k $1.4m $725k
(Increase) decrease in accounts receivable - related party — — — ($300k) ($647k) ($513k) $816k $82k $59k $177k
(Increase) decrease in taxes receivable — — — — — — — ($17k) $263k $139k
(Increase) decrease in prepaid expenses $0 — — ($1k) $1k ($350k) $19k ($17k) ($349k) $322k
(Increase) decrease in other current assets — — — — — — — ($587k) ($592k) $462k
(Increase) decrease in deposits — — — — — — — ($654k) ($120k) ($628k)
(Increase) decrease in other non-current assets — — — — — — — $32k $96k ($449k)
Change in Accounts Payable $13k $78k $307k $111k $150k ($42k) $392k $4k ($3k) $274k
Increase (decrease) in taxes payable — — — — — $0 ($131k) $137k ($766k) $1.3m
Change in Deferred Revenue — — — — — $0 ($60k) ($71k) $2k ($60k)
Increase (decrease) in customer deposit — — — — — $150k $46k $249k $2k $568k
Increase (decrease) in other current liabilities — — — — — — — $77k $264k ($496k)
Change in Other Working Capital — — — — — $0 ($94k) ($556k) ($824k) ($4.0m)
Cash paid for intangible assets — — — — — $0 ($84k) ($53k) ($14.8m) ($7.5m)
Cash paid for investments — — — — — — — $24k $20k ($5.4m)
Cash paid for purchase of subsidiaries — — — — — — — $0 ($9.0m) ($1.1m)
Cash distribution to former owners of MeridianBet Group in connection with the Purchase — — — — — — — $0 ($23.9m) ($1.8m)
Proceeds from Stock Issuance — — — $0 $0 $8k $32k $0 $35k $0
Proceeds from sale of stock — — — — — — — — $0 $3.0m
Repayment of lease — — — — — — — ($2.4m) ($2.5m) ($2.8m)
Share repurchase — — — — — — — $0 ($123k) ($123k)
Debt conversion — — — — — — — — $4.4m $20.0m
Shares issued for settlement of true-up liability — — — — — — — — $0 $519k
Acquisition of minority interest — — — — — — — $0 $7.2m $393k
Beginning Cash Position — — — — — — — $14.9m $20.4m $30.1m
Cash Flow From Continuing Financing Activities — — — — — — — ($32k) $27.7m ($19.4m)
Cash Flow From Continuing Investing Activities — — — — — — — ($96k) ($37.4m) ($22.0m)
Change In Account Payable — — — — — — — $3.7m $4.3m $8.0m
Change In Income Tax Payable — — — — — — — $137k ($766k) $1.3m
Change In Inventory — — — — — — — ($515k) ($958k) ($1.3m)
Change In Other Current Assets — — — — — — — $97k ($496k) $13k
Change In Other Current Liabilities — — — — — — — ($99k) $5.1m ($3.2m)
Change In Payable — — — — — — — $3.8m $3.6m $9.3m
Change In Payables And Accrued Expense — — — — — — — $3.8m $3.6m $9.3m
Change In Prepaid Assets — — — — — — — ($17k) ($469k) ($306k)
Change In Receivables — — — — — — — ($3.0m) ($426k) ($2.3m)
Change In Tax Payable — — — — — — — $137k ($766k) $1.3m
Change In Working Capital — — — — — — — $413k $6.3m $2.8m
Changes In Account Receivables — — — — — — — ($3.0m) ($689k) ($2.4m)
Changes In Cash — — — — — — — $2.1m $14.2m ($16.0m)
End Cash Position — — — — — — — $17.1m $30.1m $18.1m
Financing Cash Flow — — — — — — — ($32k) $27.7m ($19.4m)
Free Cash Flow — — — — — — — $2.1m $1.9m $11.7m
Investing Cash Flow — — — — — — — ($96k) ($37.4m) ($22.0m)
Issuance Of Capital Stock — — — — — — $0 — $0 $3.0m
Net Business Purchase And Sale — — — — — — — ($31k) ($15.5m) ($2.9m)
Net Foreign Currency Exchange Gain Loss — — — — — — ($110k) $34k — —
Net Intangibles Purchase And Sale — — — — — — — ($53k) ($14.8m) ($7.5m)
Net PPE Purchase And Sale — — — — — — — ($12k) ($7.2m) ($6.2m)
Operating Gains Losses — — — — — — ($110k) $34k — —
Other Non Cash Items — — — — — — $6k $266k $2.2m $2.8m
Proceeds From Stock Option Exercised — — — — — — — $0 $35k $0
Purchase Of Business — — — — — — — ($31k) ($32.8m) ($2.9m)
Purchase Of Intangibles — — — — — — — ($53k) ($14.8m) ($7.5m)
Purchase Of PPE ($2k) — — — — — — ($12k) ($7.2m) ($6.2m)
Repurchase Of Capital Stock — — — — — — — ($32k) ($123k) ($123k)
Sale Of Business — — — — — — $0 — $17.4m $0
Stock Based Compensation — — — — — — — $2.2m $4.7m $4.1m
Derivative, Gain (Loss) on Derivative, Net — — — — ($5k) $0 — — — —
Gain (Loss) on Derivative Instruments, Net, Pretax $222k — — — — — — — — —
Total Costs and Expenses — — — — — — — $0 $2.2m $2.8m
Net Cash Provided by (Used in) Operating Activities ($2.0m) $1k ($15k) $303k $1.5m $1.9m $2.8m $2.2m $23.9m $25.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — — — — $12k $7.2m $6.2m
Cash paid for property, plant and equipment — — — — — — ($37k) ($12k) ($7.2m) ($6.2m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — $0 — —
Net Investment Purchase And Sale — — — — — — — — $20k ($5.4m)
Net Cash from Investing Activities $0 — — — — — — — $17.4m $0
Net Cash Provided by (Used in) Investing Activities $0 — — $0 $0 $192 ($4.4m) ($96k) ($37.4m) ($22.0m)
Cash flows from financing activities:
Proceeds from Debt Issuance $2.0m $1k $38k $38k $0 $0 — $0 $26.0m $2.2m
Issuance Of Debt — — — — — — — — $26.0m $2.2m
Long Term Debt Issuance — — — — — — — — $26.0m $2.2m
Net Issuance Payments Of Debt — — — — — — $0 — $19.8m ($22.1m)
Net Long Term Debt Issuance — — — — — — $0 — $19.8m ($22.1m)
Repayment on debt — — — — — — — $0 ($3.7m) ($21.5m)
Long Term Debt Payments — — — — — — $0 — ($6.1m) ($24.3m)
Repayment Of Debt — — — — — — $0 — ($6.1m) ($24.3m)
Proceeds from Issuance of Common Stock $0 — — — — $8.5m $0 — — —
Common stock issued for vested RSUs — — — — — — — — $9 $19
Common Stock Issuance — — — — — — $0 — $0 $3.0m
Net Common Stock Issuance — — — — — — — ($32k) ($123k) $2.8m
Payments for Repurchase of Common Stock — — — — — — — $32k — $3.0m
Common Stock Payments — — — — — — — ($32k) ($123k) ($123k)
Dividends paid — — — — — — — — $1 $0
Dividends Payable, Current — — — — — — — — $39k $0
Payments of dividends — — — — — — — ($2) ($1) ($0)
Cash Dividends Paid — — — — — — — — ($770k) ($145k)
Common Stock Dividend Paid — — — — — — — — ($770k) ($145k)
Net Cash Provided by (Used in) Financing Activities $2.0m $1k $38k $119k ($167k) $8.0m $32k ($32k) $27.7m ($19.4m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — — $73k ($4.5m) $4.0m
Effect of Exchange Rate on Cash $0 — — $0 $0 ($1) ($246k) $73k ($4.5m) $4.0m
Effect Of Exchange Rate Changes — — — — — — — $73k ($4.5m) $4.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — — — ($1.8m) $2.2m $9.7m ($12.0m)
Net increase (decrease) in cash and cash equivalents — — — $421k $1.3m $9.8m ($1.8m) $2.2m $9.7m ($12.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $14.9m $17.1m $30.1m $18.1m
Cash and cash equivalents at beginning of the year — — — — — $11.7m $14.9m $17.1m $30.1m $18.1m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — — $2.2m $9.7m ($12.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — — — — $12k $1.4m $1.8m
Income Taxes Paid, Net — — — — — $0 $550k $532k $3.9m $4.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.