MRLN
Merlin, Inc.
NASDAQ · Technology · Software - Application · US
$0.98
−6.67%Income statement
| Metric | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | 3.2M | — | 1.2M | 1.0M |
| Cost of Revenue | 3.7M | — | 8.5M | 735.0K |
| Gross Profit | (534.0K) | — | (7.3M) | 268.0K |
| Operating Expenses | ||||
| R&D Expense | 30.5M | — | 27.1M | 24.7M |
| SG&A Expense | 35.7M | 4.5M | 19.6M | 14.0M |
| General & Admin Expense | 29.7M | — | 17.9M | 12.9M |
| Selling & Marketing Expense | 2.1M | — | 1.7M | 1.2M |
| Other Expenses | (2.2M) | — | — | — |
| Total Operating Expenses | 63.9M | 4.5M | 46.8M | 38.7M |
| Cost and Expenses | 67.7M | 4.5M | 55.3M | 39.4M |
| Operating Income (EBIT) | (64.5M) | (4.5M) | (54.0M) | (38.4M) |
| Non-Operating | ||||
| Interest Income | 7.2M | 10.5M | 2.0M | 3.3M |
| Interest Expense | 9.0K | — | 2.4M | 304.0K |
| Net Interest Income | 7.2M | 10.5M | (415.0K) | 2.9M |
| Other Non-Op Income/Expense | (82.9M) | 10.5M | (877.0K) | 2.7M |
| Non-Operating Income (excl Interest) | 58.1M | (10.5M) | (1.5M) | (3.0M) |
| EBT (Pre-Tax Income) | (147.4M) | 6.0M | (54.9M) | (35.8M) |
| Income Tax Expense | 173.0K | — | 351.0K | 706.0K |
| Bottom Line | ||||
| Net Income | (147.6M) | 6.0M | (55.3M) | (36.5M) |
| Earnings from Cont. Ops | (147.6M) | 6.0M | (55.3M) | (36.5M) |
| Earnings from Discont. Ops | — | — | — | — |
| Bottom Line Net Income | (218.1M) | 6.0M | (55.3M) | (36.5M) |
| Per Share | ||||
| Basic EPS | ($2.63) | $0.18 | ($1.64) | ($1.08) |
| Diluted EPS | ($2.63) | $0.18 | ($1.64) | ($1.08) |
| Revenue Per Share | $0.04 | $0.00 | $0.04 | $0.03 |
| Shares | ||||
| Basic Shares Outstanding | 91.3M | 33.8M | 33.8M | 33.8M |
| Diluted Shares Outstanding | 91.3M | 33.8M | 33.8M | 33.8M |
| Profitability Metrics | ||||
| EBITDA | (119.7M) | 6.0M | (50.4M) | (33.7M) |
| D&A | 2.9M | — | 2.0M | 1.8M |
| EBIT | (122.6M) | 6.0M | (52.5M) | (35.5M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026