v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 664,064 $ 824,928
Short-term investments - Restricted 1,953,969
Accounts receivable, net of allowance 6,593,137 2,540,657
Prepaid expenses 1,106,762 746,776
Other current assets 666,501 39,895
Total current assets 9,030,464 6,106,225
Property, plant and equipment, at cost net of accumulated depreciation 35,476,707 16,797,015
Landfill assets, net of accumulated amortization 32,400,256 3,278,817
Assets held for sale 395,000 395,000
Other assets:    
Deposits 218,666 144,793
Contract receivable 167,586 179,067
Goodwill 13,248,633 7,234,420
Capitalized software, net of accumulated amortization 120,019 356,167
Trademarks, net of accumulated amortization 183,750
Customer list, net of accumulated amortization 14,080,675 14,553,629
Non-compete, net of accumulated amortization 83,780 114,680
Website, net of accumulated amortization 34,684 38,819
Total other assets 28,137,793 22,621,575
Total assets 105,440,220 49,198,632
Current liabilities:    
Accounts payable 4,185,908 3,327,618
Accrued expenses 2,920,009 2,005,357
Notes payable, related parties 6,891 609,891
Deferred compensation 769,709
Deferred revenue 5,568,334 3,431,869
Derivative liability 3,343,623
Current portion - capital leases payable 536,937
Current portion - long-term debt 1,358,484 1,385,380
Total current liabilities 14,576,563 14,873,447
Long-term liabilities:    
Asset retirement obligation 8,212,012 5,299
Deferred Tax Liability 418,000 193,482
Deferred Rent 53,783
Capital leases, payable 6,246,887
Long-term debt, net of current 82,335,785 41,810,733
Total long-term liabilities 97,266,467 42,009,514
Total liabilities 111,843,030 56,882,961
Commitments and Contingencies (Note 11)
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' deficit:    
Common stock, par value $.025, 75,000,000 shares authorized,10,291,774 and 1,712,471 shares issued and 10,280,274 and 1,700,971 shares outstanding, respectively 256,976 42,812
Common stock to be issued 16,979
Treasury stock, at cost, 11,500 shares (224,250) (224,250)
Additional paid in capital 55,942,076 35,752,738
Accumulated deficit (63,187,084) (45,900,580)
Total Meridian Waste Solutions, Inc. shareholders' deficit (6,663,612) (10,329,280)
Noncontrolling Interest 260,802
Total equity (deficit) (6,402,810) (10,329,280)
Total liabilities and equity (deficit) 105,440,220 49,198,632
Preferred Series A stock    
Shareholders' deficit:    
Preferred stock
Preferred Series B stock    
Shareholders' deficit:    
Preferred stock
Series D Preferred Stock    
Shareholders' deficit:    
Preferred stock $ 531,691

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