v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,013,180 $ 400,223
Accounts receivable, net of allowance 731,085 861,031
Prepaid expenses 505,083 334,603
Other current assets 6,450 6,450
Current assets held for sale 9,513,601 8,714,497
Total current assets 11,769,399 10,316,804
Property and equipment, at cost net of accumulated depreciation 3,029,066 333,499
Other assets:    
Contract deposits 536,076
Other deposits 152,544 162,206
Goodwill 5,279,207 5,279,207
Capitalized software 97,516 108,767
Patents 4,894,470 3,141,796
Customer list, net of accumulated amortization 2,447,250 2,718,300
Website, net of accumulated amortization 25,582 27,117
Total other assets 12,896,569 11,973,469
Total noncurrent assets held for sale 87,042,249 80,932,386
Total assets 114,737,283 103,556,158
Current liabilities:    
Accounts payable 2,004,208 1,777,355
Accrued expenses 3,267,275 820,458
Notes payable, related parties 6,891 6,891
Derivative and other fair value liabilities 11,180,347 2,307,363
Current portion - capital leases payable 21,455 25,999
Current portion - long term debt 4,820,629 8,502,387
Current liabilities held for sale 17,423,578 84,227,518
Total current liabilities 38,724,383 97,667,971
Long-term liabilities:    
Contingent consideration liability 1,929,936 1,957,226
Deferred tax liability 14,337 14,337
Deferred rent 53,055 53,418
Long term debt, net of current 8,364,660 1,977,707
Noncurrent liabilities held for sale 90,704,394 17,307,998
Total long-term liabilities 101,066,382 21,310,686
Total liabilities 139,790,765 118,978,657
Shareholders' deficit:    
Common stock, par value $.025, 75,000,000 shares authorized, 17,184,641 and 14,658,979 shares issued and 17,131,141 and 14,647,749 shares outstanding, respectively 429,299 366,156
Common stock to be issued 39,479 720,147
Treasury stock, at cost, 11,500 shares (224,250) (224,250)
Additional paid in capital 55,539,399 65,532,467
Accumulated deficit (88,247,178) (85,061,593)
Total Meridian Waste Solutions, Inc. shareholders' deficit (31,193,740) (18,135,382)
Noncontrolling Interest 3,463,366 1,459,407
Total equity (27,730,374) (16,675,975)
Total liabilities and shareholders' deficit 114,737,283 103,556,158
Preferred Series A stock    
Shareholders' deficit:    
Preferred stock
Preferred Series B stock    
Shareholders' deficit:    
Preferred stock
Preferred Series C stock    
Shareholders' deficit:    
Preferred stock
Preferred Series D stock    
Shareholders' deficit:    
Preferred stock 1,269,511 531,691
Preferred Series E stock    
Long-term liabilities:    
Preferred Series stock, cumulative 2,676,892 1,253,476
Preferred Series F stock    
Long-term liabilities:    
Preferred Series stock, cumulative

Source