MRLN · Merlin, Inc.
$3.76
-0.67 (-15.05%)
At close · Aug 14
View the 10-Q filed May 15, 2026
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These measures may significantly alter our future business plans and could cause significant delays in the development of our products and ultimately our financial condition and ability to operate as a going concern in future periods.”View the 10-Q filed Aug 14, 2026
Customer concentration
— key customers 90% of revenue
Key customers — 90% of revenue (the three months ended March 31, 2026)
“During the three months ended March 31, 2026 and 2025, the Company generated $1,002 and $868 in revenue, with a significant amount (> 90%) of this revenue coming from the U.S. government (refer to Note 4. Revenue Recognition from Contracts with Customers for further information).”
Market Cap
$379.51M
Shares
101.07M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
No Compensation Data
No Summary Compensation Table has been imported from this company's proxy statements yet.
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Nazim Cetin | Board and the Audit Committee of the Board | Resigned | 2025-07-11 |
| Pierre Weinstein | Board and the Audit Committee of the Board | Resigned | 2025-07-11 |
| Michael Blitzer | Board of Directors | Appointed | 2025-07-11 |
| Kevin Shannon | Chief Operating Officer | Appointed | 2025-07-11 |
| Robert Folino | Chief Financial Officer | Appointed | 2025-07-11 |
| Michael Blitzer | President and Chief Executive Officer | Appointed | 2025-07-11 |
| Andrew Gundlach | Executive Chairman of the Board of Directors | Appointed | 2025-07-11 |
| Marcello Padula | Chief Financial Officer | Resigned | 2025-07-11 |
| Andrew Gundlach | President and Chief Executive Officer | Resigned | 2025-07-11 |
| Nazim Cetin | Chair of the Audit Committee | Resigned | 2025-04-10 |
| Kathy Savitt | Chair of the Audit Committee | Appointed | 2025-04-10 |
| Marcello Padula | Chief Financial Officer | Appointed | 2025-04-10 |
| Robert Folino | Chief Financial Officer | Resigned | 2025-04-10 |
| Antoine Theysset | director | Appointed | 2024-11-05 |
| Pierre Weinstein | director | Appointed | 2024-11-05 |
| Kathy Savitt | director | Appointed | 2024-11-05 |
| Joseph Samuels | director | Appointed | 2024-11-05 |
| Nazim Cetin | director | Appointed | 2024-11-05 |
Key facts
CIK
2028707
CUSIP
590106100
13F (30d)
65 filings
65 filers
Visit website
Investor relations