Merlin reported cash from operations of -$27.25M and free cash flow of -$28.91M for the quarter ended Jun 2026, down 124.5% year over year. This cash flow statement covers 6 quarters of results from Mar 2025 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | -12.73M | -16.30M | -2.60M | -0.64M | -90.42M | -58.43M |
| Share-based Compensation | 0.51M | 0.43M | 2.09M | 7.35M | ||
| Gains from Investment Securities | -0.05M | 3.92M | -26.55M | 26.14M | ||
| Cash from Operations | -13.08M | -12.14M | 24.16M | -0.27M | -23.64M | -27.25M |
| Depreciation, Depletion & Amortization | ||||||
| Amortizatization of Intangibles | 0.18M | 0.18M | 0.21M | 0.34M | ||
| Depreciation & Amortization (CF)Depreciation & Amortization | 0.38M | 0.42M | ||||
| Change in Working Capital | ||||||
| Change in Receivables | 0.03M | 1.35M | 0.97M | 0.41M | ||
| Change in Account Payables | -0.34M | 1.37M | 3.70M | -0.97M | ||
| Change in Accured Expenses | -0.00M | 0.01M | 2.04M | 0.28M | 3.25M | 1.20M |
| Other Working Capital Changes | 0.51M | 0.86M | -1.37M | -0.02M | 2.25M | -0.17M |
| Investing Activities | ||||||
| Capital Expenditures | 0.09M | 0.02M | 2.16M | 1.66M | ||
| Sales of Property, Plant and Equipment | 0.01M | |||||
| Cash from Investing Activities | -0.08M | -0.02M | -2.16M | -1.66M | ||
| Financing Activities | ||||||
| Other financing activities | 0.01M | 0.01M | 48.20M | -35.20M | ||
| Debt Issuance and Repayment | ||||||
| Long-Term Debt Repayments | 1.56M | 4.16M | 33.64M | |||
| Change in Capital Stock | ||||||
| Net Shares Issued and Repurchased | 1.68M | |||||
| Misc. | ||||||
| Cash from Financing Activities | -1.55M | -4.15M | 91.81M | 89.69M | ||
| Change in Cash | -14.71M | -16.30M | 29.95M | -0.35M | 66.00M | 60.77M |
| Free Cash Flow | -13.18M | -12.16M | 24.16M | -0.27M | -25.80M | -28.91M |
| Net Cash Flow | -14.71M | -16.30M | 24.16M | -0.27M | 66.00M | 60.77M |