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
Daily short-sale volume published by FINRA from its trade-reporting facilities. It measures how many shares were sold short each day as a share of total volume — a daily flow, not the total outstanding short position.
Short Volume
| Date | Short Volume | Short Exempt | Total Volume | Short % |
|---|---|---|---|---|
| 2026-08-14 | 593,381 | 74,893 | 1,094,357 | 54.2% |
| 2026-08-13 | 513,216 | 805 | 740,541 | 69.3% |
| 2026-08-12 | 330,002 | 10,954 | 642,482 | 51.4% |
| 2026-08-11 | 240,114 | 685 | 494,462 | 48.6% |
| 2026-08-10 | 342,963 | 228 | 463,100 | 74.1% |
| 2026-08-07 | 334,441 | 2,325 | 598,784 | 55.9% |
| 2026-08-06 | 306,999 | 4,323 | 580,584 | 52.9% |
| 2026-08-05 | 177,647 | 120 | 305,638 | 58.1% |
| 2026-08-04 | 455,941 | 5,118 | 959,866 | 47.5% |
| 2026-08-03 | 194,794 | 100 | 349,305 | 55.8% |
| 2026-07-31 | 303,224 | 0 | 424,329 | 71.5% |
| 2026-07-30 | 228,436 | 279 | 350,737 | 65.1% |
| 2026-07-29 | 237,943 | 21,651 | 407,085 | 58.5% |
| 2026-07-28 | 350,654 | 31,800 | 678,835 | 51.7% |
| 2026-07-27 | 222,727 | 100 | 400,461 | 55.6% |
| 2026-07-24 | 243,197 | 1,411 | 516,640 | 47.1% |
| 2026-07-23 | 894,031 | 185,984 | 1,466,237 | 61.0% |
| 2026-07-22 | 805,100 | 44,660 | 1,397,477 | 57.6% |
| 2026-07-21 | 762,798 | 1,546 | 1,226,023 | 62.2% |
| 2026-07-20 | 340,565 | 571 | 584,094 | 58.3% |
| 2026-07-17 | 411,658 | 222 | 649,638 | 63.4% |
| 2026-07-16 | 598,421 | 1,190 | 1,201,070 | 49.8% |
| 2026-07-15 | 552,973 | 1,266 | 927,223 | 59.6% |
| 2026-07-14 | 239,934 | 0 | 429,841 | 55.8% |
| 2026-07-13 | 243,648 | 0 | 476,094 | 51.2% |
| 2026-07-10 | 296,424 | 600 | 484,573 | 61.2% |
| 2026-07-09 | 554,034 | 100 | 862,997 | 64.2% |
| 2026-07-08 | 362,025 | 44,168 | 683,926 | 52.9% |
| 2026-07-07 | 538,361 | 69,256 | 953,974 | 56.4% |
| 2026-07-06 | 731,176 | 64,939 | 1,333,066 | 54.8% |
| 2026-07-02 | 450,888 | 1,576 | 827,063 | 54.5% |
| 2026-07-01 | 448,666 | 349 | 809,482 | 55.4% |
| 2026-06-30 | 753,755 | 8,162 | 1,297,374 | 58.1% |
| 2026-06-29 | 504,045 | 6,291 | 1,185,086 | 42.5% |
| 2026-06-26 | 550,609 | 4,753 | 1,399,257 | 39.4% |
| 2026-06-25 | 371,628 | 2,879 | 1,040,148 | 35.7% |
| 2026-06-24 | 487,660 | 4,164 | 1,233,860 | 39.5% |
| 2026-06-23 | 372,563 | 4,345 | 967,654 | 38.5% |
| 2026-06-22 | 614,917 | 1,180 | 1,263,565 | 48.7% |
| 2026-06-18 | 486,269 | 560 | 1,163,415 | 41.8% |
| 2026-06-17 | 515,924 | 79,026 | 1,166,764 | 44.2% |
| 2026-06-16 | 1,088,448 | 55,154 | 2,027,749 | 53.7% |
| 2026-06-15 | 485,517 | 1,350 | 935,883 | 51.9% |
| 2026-06-12 | 598,330 | 100 | 1,231,854 | 48.6% |
| 2026-06-11 | 666,677 | 21,023 | 1,226,324 | 54.4% |
| 2026-06-10 | 796,952 | 51,041 | 1,453,788 | 54.8% |
| 2026-06-09 | 971,988 | 92,575 | 2,278,460 | 42.7% |
| 2026-06-08 | 1,663,752 | 106,270 | 3,392,202 | 49.0% |
| 2026-06-05 | 6,877,260 | 25,386 | 11,999,423 | 57.3% |
| 2026-06-04 | 376,352 | 29,525 | 654,207 | 57.5% |
Showing 1–50 of 62 days
Key facts
CIK
2028707
CUSIP
590106100
13F (30d)
65 filings
65 filers
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