Company / R&D Expense
Meridian Holdings Inc./NV R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$7.1M
FY2025
5-year range
$23.1K / $7.1M
FY2021-FY2025
Trend
-
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense changed +30635% YoY in FY2025, a notable deviation from the 2-year average annual change of +15275%.
Based on SEC 10-K filings.
$7M in FY2025 with a 3-year CAGR of +574.9%.
Improved from $149,738 to $7M over the past 4 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +574.9%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +574.9%, indicating consistent growth.
Company context
Key Data Points
- Altman Z-Score -1.10 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.1M | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | $23.1K | -84.6% |
| FY2021 | $149.7K | - |
| FY2019 | $0 | - |
| FY2017 | - | - |
| FY2016 | - | - |
| FY2015 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026