Meridian Holdings Inc./NV
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 28, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
| ☒ | QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the quarterly period ended March 31, 2026
| ☐ | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF 1934 |
|---|
For the transition period from ______ to _______
Commission File Number:001-41326
Meridian Holdings Inc.
(Exact name of registrant as specified in its charter)
| Nevada | 46-1814729 |
|---|---|
| (State or other jurisdictionof incorporation or organization) | (I.R.S. EmployerIdentification No.) |
| 3651 Lindell Road, Ste 555Las Vegas, NV | 89103 |
|---|---|
| (Address of principal executive offices) | (Zip Code) |
(702)318-7548
(Registrant’s telephone number, including area code)
3651 Lindell Road, Ste D131
Las Vegas, NV 89103
(Former address)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.00001 Par Value Per Share | MRDN | The NASDAQ Stock Market LLC(The NASDAQ Capital Market) |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised accounting standard provided pursuant to Section 13(a) of the Exchange Act ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒
As of April 28, 2026, there were 12,669,479 shares of the registrant’s $0.00001 par value common stock issued and outstanding.
MERIDIAN HOLDINGS INC.
TABLE OF CONTENTS
| Page | |||
|---|---|---|---|
| Special Note Regarding Forward-Looking Statements | 3 | ||
| PART I. FINANCIAL INFORMATION | |||
| Item 1. | Financial Statements | 5 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 45 | |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 56 | |
| Item 4. | Controls and Procedures | 56 | |
| PART II. OTHER INFORMATION | |||
| Item 1. | Legal Proceedings | 57 | |
| Item 1A. | Risk Factors | 57 | |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 57 | |
| Item 3. | Defaults Upon Senior Securities | 58 | |
| Item 4. | Mine Safety Disclosures | 58 | |
| Item 5. | Other Information | 58 | |
| Item 6. | Exhibits | 58 | |
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