Balance Sheet

v3.7.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 1,278,362 $ 823,272
Short-term investments - restricted 1,940,522 1,953,969
Accounts receivable, net 6,080,555 2,540,657
Prepaid expenses 1,452,497 746,776
Other current assets 496,275 39,895
Total current assets 11,248,211 6,104,569
Property, plant and equipment, at cost net of accumulated depreciation 30,780,604 16,797,015
Landfill assets, net of accumulated amortization 30,593,023 3,278,817
Assets held for sale 395,000 395,000
Other assets:    
Investment in related party 360,763 360,763
Deposits 151,495 144,793
Contract Receivable 175,180 179,067
Goodwill 18,888,503 7,234,420
Trademarks 780,000
Customer list, net of accumulated amortization 14,185,754 14,553,629
Non-compete, net of accumulated amortization 104,380 114,680
Website, net of accumulated amortization 38,123 38,819
Total other assets 34,684,198 22,626,171
Total assets 107,701,036 49,201,572
Current liabilities:    
Accounts payable 4,084,315 3,327,618
Accrued expenses 2,510,747 1,998,531
Notes payable, related parties 356,891 609,891
Deferred compensation 769,709
Deferred revenue 4,482,393 3,431,869
Derivative liability 3,343,623
Current portion - capital leases payable 534,901
Current portion - long term debt 250,752 1,385,380
Total current liabilities 12,219,999 14,866,621
Long term liabilities:    
Asset retirement obligation 7,965,320 5,299
Deferred tax liability 295,095 193,482
Capital leases, payable 6,511,315
Long term debt, net of current 77,910,474 41,810,733
Total long term liabilities 92,682,204 42,009,514
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
Shareholders' equity (deficit):    
Common stock, par value $.025, 75,000,000 shares authorized, 6,944,244 and 1,712,471 shares issued and 6,932,744 and 1,700,971 shares outstanding, respectively 173,318 42,812
Treasury stock, at cost, 11,500 shares (224,250) (224,250)
Additional paid in capital 51,292,872 35,353,209
Accumulated deficit (48,546,137) (45,491,285)
Total Meridian Waste Solutions, Inc. shareholders' equity (deficit) 2,695,803 (10,319,514)
Noncontrolling Interest 103,030
Total equity 2,798,833 (10,319,514)
Total liabilities and shareholders' equity (deficit) 107,701,036 49,201,572
Preferred Series A stock    
Shareholders' equity (deficit):    
Preferred stock
Preferred Series B stock    
Shareholders' equity (deficit):    
Preferred stock
Total Meridian Waste Solutions, Inc. shareholders' equity (deficit)  

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