Meridian Holdings Inc./NV
For the period ended Dec 31, 2024. Filed Mar 24, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 24, 2025
MRDN$8.20-5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
Golden Matrix Group, Inc. and Subsidiaries
Consolidated Balance Sheets
| As of | As of | |
|---|---|---|
| December 31, 2024 | December 31, 2023 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $30,125,944 | $20,405,296 |
| Accounts receivable, net | 6,061,281 | 2,674,967 |
| Accounts receivable – related parties | 666,545 | 399,580 |
| Taxes receivable | 734,630 | 997,778 |
| Inventory | 3,937,854 | 133,905 |
| Prepaid expenses | 955,456 | 328,400 |
| Other current assets, net | 2,584,771 | 1,989,476 |
| Total current assets | 45,066,481 | 26,929,402 |
| Non-current assets: | ||
| Goodwill & intangible assets, net | 127,642,576 | 15,107,422 |
| Property, plant & equipment, net | 27,431,207 | 27,826,594 |
| Investments | 218,147 | 237,828 |
| Deposits | 5,706,319 | 5,586,495 |
| Operating lease right-of-use assets | 7,643,504 | 4,147,375 |
| Other non-current assets | 9,359 | 17,864 |
| Total non-current assets | 168,651,112 | 52,923,578 |
| Total assets | $213,717,593 | $79,852,980 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $12,912,300 | $11,285,740 |
| Accounts payable - related parties | 19,655 | 12,605 |
| Current portion of operating lease liability | 2,378,896 | 2,299,317 |
| Current portion of long-term loan– related party | 501,591 | - |
| Current portion of long-term loan | 16,789,650 | - |
| Taxes payable | 3,774,418 | 3,394,556 |
| Other current liabilities | 1,090,063 | 581,644 |
| Deferred revenues | 1,095,463 | - |
| Contingent liability | 626,450 | - |
| Current portion of consideration payable – related parties | 22,520,460 | - |
| Current portion of consideration payable | 1,841,597 | - |
| Total current liabilities | 63,550,543 | 17,573,862 |
| Non-current liabilities: | ||
| Non-current portion of operating lease liability | 5,193,847 | 1,795,870 |
| Non-current portion of long-term loan | 14,364,246 | - |
| Other non-current liabilities | 6,658,377 | 496,699 |
| Non-current portion of consideration payable – related parties | 15,000,000 | - |
| Total non-current liabilities | 41,216,470 | 2,292,569 |
| Total liabilities | $104,767,013 | $19,866,431 |
| Shareholders’ equity: | ||
| Preferred stock: $0.00001 par value; 20,000,000 shares authorized | - | - |
| Preferred stock, Series B: $0.00001 par value, 1,000 shares designated, 1,000 and 0 shares issued and outstanding, respectively | - | - |
| Preferred stock, Series C: $0.00001 par value, 1,000 shares designated, 1,000 and 1,000 shares issued and outstanding, respectively | - | - |
| Common stock: $0.00001 par value; 300,000,000 shares authorized; 129,242,993 and 83,475,190 shares issued and outstanding, respectively | $1,292 | $835 |
| Stock payable | 5,711,807 | - |
| Stock payable – related party | 211,162 | - |
| Additional paid-in capital | 50,313,125 | 3,044,894 |
| Treasury stock, at cost (December 2024 – 59,796 shares) | (121,430) | - |
| Accumulated other comprehensive income (loss) | (8,089,854) | (3,307,578) |
| Accumulated earnings | 57,046,892 | 59,296,675 |
| Total shareholders’ equity of GMGI | 105,072,994 | 59,034,826 |
| Noncontrolling interests | 3,877,586 | 951,723 |
| Total equity | 108,950,580 | 59,986,549 |
| Total liabilities and equity | $213,717,593 | $79,852,980 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.