Meridian Holdings Inc 2026年季度报告

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) 46-1814729(I.R.S. EmployerIdentification No.) (702) 318-7548(Registrant’s telephone number, including area code) 3651 Lindell Road, Ste D131Las Vegas, NV 89103(Former address) Securities registered pursuant to Section 12(b) of the Act: Common Stock, $0.00001 Par Value PerShare TheNASDAQStock 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 SecuritiesExchange 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 submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant 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 reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” “smaller reportingcompany” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying 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 PageSpecial Note Regarding Forward-Looking Statements3 Item 1.Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations45Item 3.Quantitative and Qualitative Disclosures About Market Risk56Item 4.Controls and Procedures56 Item 1.Legal Proceedings57Item 1A.Risk Factors57Item 2.Unregistered Sales of Equity Securities and Use of Proceeds57Item 3.Defaults Upon Senior Securities58Item 4.Mine Safety Disclosures58Item 5.Other Information58Item 6.Exhibits58 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS Information included in this Quarterly Report on Form 10-Q (this “Report”) contains forward-looking statements within themeaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”) and the Private Securities Litigation Reform Act of 1995.This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results,performance or achievements of Meridian Holdings Inc. (the “Company”), to be materially different from future results, performanceor achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptionsand describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “should,”“expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words orcomparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be noassurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company coulddiffer materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as requiredby applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if newinformation becomes available or other events occur in the future. These forward-looking statements are subject to risks, uncertaintiesand other factors, many of which are outside of the Company’s control which could cause actual results to differ materially from theresults expressed or implied in the forward-looking statements, including, but not limited to: our need for significant additional financing to grow and expand our operations, complete acquisitions and pay post-closingamounts due in connection therewith, including in connection with the MeridianBet Group (as defined below)