|
Total Revenue
|
|
$0
|
$20k
|
$120k
|
$916k
|
$453k
|
$3.0m
|
$36.0m
|
$44.2m
|
$151.1m
|
$182.9m
|
|
Revenue from Contract with Customer, Including Assessed Tax
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$43.5m
|
—
|
—
|
|
Cost of Revenue
|
|
$0
|
$12k
|
$50k
|
$72k
|
($22k)
|
$2.0m
|
$26.9m
|
$34.3m
|
$62.5m
|
$79.4m
|
|
Cost of goods sold
|
|
—
|
—
|
($50k)
|
($72k)
|
($22k)
|
($2.0m)
|
($26.9m)
|
($34.3m)
|
($62.5m)
|
($79.4m)
|
|
Reconciled Cost Of Revenue
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$34.3m
|
$58.1m
|
$73.4m
|
|
Gross Profit
|
|
$0
|
$20k
|
$70k
|
$844k
|
$2.9m
|
$3.2m
|
$9.2m
|
$9.9m
|
$88.6m
|
$103.5m
|
|
Operating Expenses
|
|
—
|
$5.2m
|
$320k
|
$1.8m
|
$1.0m
|
$2.8m
|
$9.0m
|
$10.4m
|
—
|
$24.0m
|
|
Operating Income (Loss)
|
|
($2.0m)
|
($5.2m)
|
($250k)
|
($991k)
|
$1.8m
|
$399k
|
$192k
|
($526k)
|
$2.7m
|
($96.2m)
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization of Intangible Assets
|
|
$0
|
$4.7m
|
—
|
$107k
|
—
|
—
|
$385k
|
$440k
|
$6.4m
|
$9.2m
|
|
Foreign Currency Transaction Gain (Loss), before Tax
|
|
$0
|
—
|
—
|
—
|
—
|
$9k
|
—
|
—
|
—
|
$760k
|
|
Foreign Currency Transaction Gain (Loss), Realized
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$261k
|
($8k)
|
($495k)
|
$760k
|
|
Income (Loss) Attributable to Parent, before Tax
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
—
|
—
|
|
Interest Income, Other
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$57k
|
$218k
|
$241k
|
|
Other Income
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.6m
|
$2.3m
|
$2.6m
|
|
Income (loss) from operations
|
|
($2.0m)
|
($5.2m)
|
($250k)
|
($991k)
|
$1.8m
|
$399k
|
$192k
|
($526k)
|
$2.7m
|
($96.2m)
|
|
Interest Income
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$9k
|
$57k
|
$218k
|
$241k
|
|
Foreign currency translation adjustments
|
|
$0
|
—
|
—
|
—
|
—
|
$0
|
($204k)
|
$133k
|
($4.8m)
|
$4.3m
|
|
Comprehensive income (loss)
|
|
($2.6m)
|
—
|
—
|
—
|
—
|
$398k
|
($454k)
|
($1.0m)
|
($6.2m)
|
($87.6m)
|
|
Comprehensive income (loss) attributable to MRDN
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$12.9m
|
($6.3m)
|
($85.6m)
|
|
Amortization
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.4m
|
$9.2m
|
|
Amortization Of Intangibles Income Statement
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.4m
|
$9.2m
|
|
Depreciation Amortization Depletion Income Statement
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.4m
|
$9.2m
|
|
Depreciation And Amortization In Income Statement
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.4m
|
$9.2m
|
|
Diluted EPS
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($0.36)
|
($0.16)
|
($7.76)
|
|
Diluted NI Availto Com Stockholders
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
($1.5m)
|
($89.9m)
|
|
Gain On Sale Of Security
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($8k)
|
($495k)
|
$760k
|
|
Interest Income Non Operating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$57k
|
$218k
|
$241k
|
|
Minority Interests
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
($70k)
|
$2.1m
|
|
Net Income From Continuing And Discontinued Operation
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
($1.5m)
|
($89.9m)
|
|
Net Income From Continuing Operation Net Minority Interest
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
($1.5m)
|
($89.9m)
|
|
Net Interest Income
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$45k
|
($3.3m)
|
($4.3m)
|
|
Normalized EBITDA
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$12k
|
$17.4m
|
$14.3m
|
|
Normalized Income
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
($16k)
|
($3.1m)
|
|
Other Gand A
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$9.3m
|
$26.5m
|
$31.7m
|
|
Reconciled Depreciation
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$481k
|
$10.8m
|
$15.2m
|
|
Rent And Landing Fees
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.8m
|
$8.0m
|
|
Salaries And Wages
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$1.1m
|
$25.9m
|
$31.7m
|
|
Selling General And Administration
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$10.4m
|
$78.1m
|
$97.9m
|
|
Special Income Charges
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
—
|
($1.4m)
|
($92.5m)
|
|
Tax Effect Of Unusual Items
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($2k)
|
($389k)
|
($5.0m)
|
|
Tax Provision
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$683k
|
$2.6m
|
($5.2m)
|
|
Tax Rate For Calcs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$0
|
|
Write Off
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
—
|
$1.4m
|
$24.8m
|
|
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
—
|
$398k
|
$463k
|
($489k)
|
$1.2m
|
($97.2m)
|
|
Gain (Loss) on Derivative Instruments, Net, Pretax
|
|
$222k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$22.2m
|
—
|
|
Total Unusual Items
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($8k)
|
($1.9m)
|
($91.8m)
|
|
Total Unusual Items Excluding Goodwill
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($8k)
|
($1.9m)
|
($91.8m)
|
|
Pre-Tax Income
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($489k)
|
$1.2m
|
($97.2m)
|
|
Net income (loss) before tax
|
|
—
|
—
|
—
|
—
|
—
|
$398k
|
$463k
|
($489k)
|
$1.2m
|
($97.2m)
|
|
Net Income Continuous 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) Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$294k
|
$0
|
$70k
|
($2.1m)
|
|
Net Income Attributable to Noncontrolling Interest
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$294k
|
$0
|
$70k
|
($2.1m)
|
|
Less: Net income (loss) attributable to noncontrolling interest
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$294k
|
$0
|
$70k
|
($2.1m)
|
|
Net Income Including Noncontrolling Interests
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
($1.2m)
|
($1.4m)
|
($92.0m)
|
|
Earnings Per Share, Basic
|
|
($0.00)
|
($45.08)
|
$0.04
|
$0.00
|
$0.00
|
$0.02
|
($0.01)
|
($0.03)
|
($0.01)
|
($7.76)
|
|
Earnings Per Share, Diluted
|
|
($0.00)
|
($0.30)
|
$0.00
|
$0.00
|
$0.00
|
$0.01
|
($0.01)
|
($0.03)
|
($0.01)
|
($7.76)
|
|
Weighted Average Number of Shares Outstanding, Basic
|
|
—
|
222k
|
49.8m
|
1.2b
|
2.8b
|
20.0m
|
28.0m
|
35.4m
|
113.5m
|
11.6m
|
|
Weighted Average Shares Outstanding
|
|
—
|
222k
|
49.8m
|
1.2b
|
2.8b
|
20.0m
|
28.0m
|
35.4m
|
113.5m
|
11.6m
|
|
Weighted Average Shares Outstanding, Diluted
|
|
3.2b
|
33.3m
|
1.8b
|
1.2b
|
4.1b
|
31.6m
|
28.0m
|
35.4m
|
113.5m
|
11.6m
|
|
Basic Average Shares
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.0m
|
$9.5m
|
$11.6m
|
|
Diluted Average Shares
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.0m
|
$9.5m
|
$11.6m
|
|
Weighted Average Number of Shares Outstanding, Diluted
|
|
3.2b
|
33.3m
|
1.8b
|
1.2b
|
4.1b
|
31.6m
|
28.0m
|
35.4m
|
113.5m
|
11.6m
|
|
Other income (expense):
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and Development Expense
|
|
—
|
—
|
—
|
—
|
—
|
$48k
|
$23k
|
—
|
—
|
$7.1m
|
|
General and Administrative Expense
|
|
$1.9m
|
$335k
|
$385
|
$186k
|
—
|
—
|
$5.4m
|
$8.4m
|
$59.2m
|
$71.4m
|
|
Selling, General and Administrative Expense
|
|
$1.9m
|
$335k
|
$385
|
$186k
|
$321k
|
$567k
|
$2.8m
|
$2.0m
|
$85.8m
|
$199.6m
|
|
Other Nonoperating Income (Expense)
|
|
($581k)
|
($4.8m)
|
$2.1m
|
($327k)
|
($42k)
|
($1k)
|
$271k
|
$37k
|
($1.5m)
|
($1.0m)
|
|
Costs and Expenses
|
|
—
|
—
|
—
|
—
|
$321k
|
—
|
—
|
—
|
—
|
—
|
|
Management Fee Expense
|
|
$150k
|
$110k
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Other Expenses
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
—
|
—
|
—
|
—
|
|
Other General Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
—
|
—
|
—
|
|
Restructuring Costs
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.2m
|
—
|
|
Interest Expense
|
|
($803k)
|
$4.6m
|
$414k
|
$162k
|
($45k)
|
$12k
|
$0
|
$12k
|
$3.5m
|
$4.6m
|
|
Current Income Tax Expense (Benefit)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.3m
|
$2.1m
|
|
Income Tax Expense
|
|
$0
|
—
|
—
|
—
|
—
|
$0
|
$419k
|
$683k
|
$2.6m
|
($5.2m)
|
|
Interest Expense Non Operating
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$12k
|
$3.5m
|
$4.6m
|
|
Net Non Operating Interest Income Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$45k
|
($3.3m)
|
($4.3m)
|
|
Operating Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$10.4m
|
$84.5m
|
$107.1m
|
|
Other Non Operating Income Expenses
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$2.3m
|
$2.6m
|
|
Rent Expense Supplemental
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$6.8m
|
$8.0m
|
|
Selling And Marketing Expense
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$18.9m
|
$26.6m
|
|
Nonoperating Income (Expense)
|
|
$222k
|
$16k
|
—
|
($327k)
|
($42k)
|
$0
|
$261k
|
$37k
|
($495k)
|
$760k
|
|
Interest Income (Expense), Net
|
|
—
|
—
|
—
|
—
|
$8k
|
$2k
|
$9k
|
—
|
—
|
—
|
|
Total other income (expense)
|
|
($581k)
|
($4.8m)
|
$2.1m
|
($327k)
|
($42k)
|
($1k)
|
$271k
|
$37k
|
($1.5m)
|
($1.0m)
|
|
Income Tax Expense (Benefit)
|
|
$0
|
—
|
—
|
—
|
—
|
$0
|
$419k
|
$683k
|
$2.6m
|
($5.2m)
|
|
Total Expenses
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$44.7m
|
$147.0m
|
$186.5m
|