Balance Sheet

v3.7.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 2,296,411 $ 824,928
Short-term investments - Restricted 1,953,969
Accounts receivable, net 6,593,302 2,540,657
Prepaid expenses 1,232,130 746,776
Other current assets 530,902 39,895
Total current assets 10,652,745 6,106,225
Property, plant and equipment, at cost net of accumulated depreciation 35,765,862 16,797,015
Landfill assets, net of accumulated amortization 34,042,804 3,278,817
Assets held for sale 395,000 395,000
Other assets:    
Deposits 229,779 144,793
Contract receivable 167,586 179,067
Goodwill 13,248,633 7,234,420
Capitalized software, net of accumulated amortization 131,271 356,167
Trademarks, net of accumulated amortization 194,250
Customer list, net of accumulated amortization 15,132,131 14,553,629
Non-compete, net of accumulated amortization 94,080 114,680
Website, net of accumulated amortization 36,403 38,819
Total other assets 29,234,133 22,621,575
Total assets 110,090,544 49,198,632
Current liabilities:    
Accounts payable 4,242,056 3,327,618
Accrued expenses 3,045,795 2,005,357
Notes payable, related parties 356,891 609,891
Deferred compensation 769,709
Deferred revenue 5,744,144 3,431,869
Derivative liability 3,343,623
Current portion - capital leases payable 543,775
Current portion - long term debt 1,366,676 1,385,380
Total current liabilities 15,299,337 14,873,447
Long-term liabilities:    
Asset retirement obligation 8,078,125 5,299
Deferred tax liability 418,000 193,482
Deferred rent 54,149
Capital leases, payable 6,372,297
Long-term debt, net of current 81,640,398 41,810,733
Total long term liabilities 96,562,969 42,009,514
Total liabilities 111,862,306 56,882,961
Preferred Series C stock redeemable, cumulative, stated value $100 per share, par value $.001, 67,361 shares authorized, 0 and 35,750 shares issued and outstanding, respectively 2,644,951
Equity:    
Common stock, par value $.025, 75,000,000 shares authorized, 9,368,196 and 1,712,471 shares issued and 9,356,696 and 1,700,971 shares outstanding, respectively 233,884 42,812
Common stock to be issued 16,979
Treasury stock, at cost, 11,500 shares (224,250) (224,250)
Additional paid in capital 54,517,377 35,752,738
Accumulated deficit (56,530,500) (45,900,580)
Total Meridian Waste Solutions, Inc. shareholders' deficit (1,986,510) (10,329,280)
Noncontrolling interest 214,748
Total equity (1,771,762) (10,329,280)
Total liabilities and equity 110,090,544 49,198,632
Preferred Series A stock    
Equity:    
Preferred stock
Preferred Series B stock    
Equity:    
Preferred stock

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