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10-K

Annual Report

Merlin, Inc. MRLN

0001213900-26-027011

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Filed
Mar 12, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Operating Cash Flow FY 2025 · Dec 31, 2025 −$1.33M
Operating Cash Flow FY 2025 · Dec 31, 2024 −$466.47K
Stockholders Equity FY 2025 · Dec 31, 2025 −$11.17M
Stockholders Equity FY 2025 · Dec 31, 2024 −$7.37M
Current Liabilities FY 2025 · Dec 31, 2025 $3.33M
Current Liabilities FY 2025 · Dec 31, 2024 $1.08M
Total Liabilities FY 2025 · Dec 31, 2025 $12.08M
Total Liabilities FY 2025 · Dec 31, 2024 $9.83M
Current Assets FY 2025 · Dec 31, 2025 $913.61K
Current Assets FY 2025 · Dec 31, 2024 $2.31M
Total Assets FY 2025 · Dec 31, 2025 $263.15M
Total Assets FY 2025 · Dec 31, 2024 $254.22M
Sga Expense FY 2025 · Dec 31, 2025 $3.86M
Sga Expense restated FY 2025 · Dec 31, 2024 $251.14K
Net Income FY 2025 · Dec 31, 2025 $6.01M
Net Income FY 2025 · Dec 31, 2024 $1.52M
Operating Income FY 2025 · Dec 31, 2025 −$3.86M
Operating Income FY 2025 · Dec 31, 2024 −$251.14K