Soluna Holdings (SLNH) Financial Statements

Price: $0.999
Market Cap: $10.60M
Avg Volume: 553.99K
Country: US
Industry: Hardware, Equipment & Parts
Sector: Technology
Beta: 3.039
52W Range: $0.85-8.8
Website: Soluna Holdings

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Soluna Holdings.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$45.00M$45.00M$36.00M$36.00M$27.00M$27.00M$18.00M$18.00M$9.00M$9.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$60.00M$60.00M$30.00M$30.00M$0.00$0.00-$30.00M-$30.00M-$60.00M-$60.00M-$90.00M-$90.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Revenue $21.07M $28.55M $14.35M $9.60M $6.57M $8.06M $7.06M $7.06M $6.33M $8.78M
Cost of Revenue $6.37M $36.51M $8.07M $3.07M $2.21M $2.33M $2.23M $2.72M $2.48M $3.28M
Gross Profit $14.70M $-7.96M $6.28M $6.53M $4.37M $5.73M $4.83M $4.33M $3.85M $5.50M
Gross Profit Ratio 69.80% -27.88% 43.70% 67.98% 66.44% 71.14% 68.36% 61.42% 60.90% 62.60%
Research and Development Expenses $- $398.00K $1.52M $1.49M $1.38M $1.24M $1.15M $1.24M $1.55M $1.35M
General and Administrative Expenses $15.39M $19.20M $9.17M $- $- $- $- $- $- $-
Selling and Marketing Expenses $300.00K $- $1.58M $- $- $- $- $- $- $-
Selling General and Administrative Expenses $15.69M $19.20M $10.75M $3.58M $2.73M $2.98M $3.09M $3.45M $3.78M $3.59M
Other Expenses $20.02M $9.51M $11.00K $104.00K $36.00K $- $- $- $- $-
Operating Expenses $35.71M $28.71M $10.75M $5.08M $4.11M $4.21M $4.24M $4.70M $5.33M $4.93M
Cost and Expenses $41.31M $65.22M $18.82M $8.15M $6.31M $6.54M $6.47M $7.42M $7.80M $8.22M
Interest Income $- $8.38M $1.88M $- $- $- $- $- $- $-
Interest Expense $2.75M $8.38M $1.88M $- $- $- $- $14.00K $4.00K $-
Depreciation and Amortization $13.62M $28.21M $3.70M $81.00K $87.00K $96.00K $81.00K $85.00K $80.00K $83.00K
EBITDA $-12.41M $-71.77M $-762.00K $-1.46M $346.00K $1.62M $669.00K $-283.00K $-1.39M $513.00K
EBITDA Ratio -58.90% -28.83% -4.13% 16.76% 5.27% 20.08% 9.47% -3.81% -21.93% 5.84%
Operating Income $-20.24M $-84.79M $-4.48M $1.45M $259.00K $1.52M $588.00K $-361.00K $-1.47M $565.00K
Operating Income Ratio -96.08% -297.02% -31.20% 15.11% 3.94% 18.89% 8.33% -5.12% -23.22% 6.43%
Total Other Income Expenses Net $-8.53M $-23.57M $-1.87M $100.00K $36.00K $21.00K $- $-7.00K $-2.00K $135.00K
Income Before Tax $-28.77M $-108.36M $-6.34M $1.55M $295.00K $1.54M $588.00K $-368.00K $-1.47M $700.00K
Income Before Tax Ratio -136.57% -379.59% -44.22% 16.19% 4.49% 19.15% 8.33% -5.22% -23.25% 7.97%
Income Tax Expense $-1.07M $-1.35M $44.00K $-392.00K $-28.00K $-392.00K $6.00K $-9.00K $1.36M $-40.00K
Net Income $-29.20M $-107.02M $-6.39M $1.95M $323.00K $1.94M $582.00K $-359.00K $-2.83M $740.00K
Net Income Ratio -138.62% -374.88% -44.53% 20.27% 4.92% 24.01% 8.24% -5.09% -44.74% 8.43%
EPS $-27.79 $-178.57 $-13.49 $5.08 $0.85 $5.16 $1.50 $-0.13 $-1.01 $0.26
EPS Diluted $-27.79 $-178.57 $-13.49 $5.08 $0.84 $5.12 $1.56 $-0.13 $-1.01 $0.26
Weighted Average Shares Outstanding 1.31M 599.30K 473.61K 383.27K 381.94K 375.28K 373.31K 2.79M 2.79M 2.79M
Weighted Average Shares Outstanding Diluted 1.31M 599.30K 473.61K 383.27K 384.10K 377.99K 388.00K 2.81M 2.81M 2.81M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$120.00M$120.00M$90.00M$90.00M$60.00M$60.00M$30.00M$30.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Equity$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Cash and Cash Equivalents $6.37M $1.14M $10.26M $2.63M $2.51M $5.77M $3.83M $3.38M $462.00K $1.92M
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $6.37M $1.14M $10.26M $2.63M $2.51M $5.77M $3.83M $3.38M $462.00K $1.92M
Net Receivables $2.67M $320.00K $531.00K $- $745.00K $871.00K $1.41M $881.00K $931.00K $1.22M
Inventory $- $888.00K $- $828.00K $924.00K $863.00K $694.00K $676.00K $1.01M $773.00K
Other Current Assets $5.24M $3.68M $15.17M $2.15M $56.00K $57.00K $180.00K $164.00K $144.00K $112.00K
Total Current Assets $14.28M $4.64M $24.98M $4.78M $4.24M $7.56M $6.02M $5.02M $2.47M $4.02M
Property Plant Equipment Net $45.00M $42.74M $45.00M $2.05M $1.12M $181.00K $184.00K $160.00K $115.00K $140.00K
Goodwill $- $- $- $- $- $- $- $- $- $-
Intangible Assets $27.01M $36.43M $45.84M $- $- $- $- $- $- $-
Goodwill and Intangible Assets $27.01M $36.43M $45.84M $- $- $- $- $- $- $-
Long Term Investments $- $- $750.00K $750.00K $- $- $- $- $- $-
Tax Assets $- $171.00K $354.00K $759.00K $395.00K $395.00K $- $- $- $1.31M
Other Non-Current Assets $4.98M $979.00K $767.00K $309.00K $- $-1 $- $- $- $-
Total Non-Current Assets $76.99M $80.32M $92.71M $3.87M $1.52M $576.00K $184.00K $160.00K $115.00K $1.46M
Other Assets $- $- $- $- $- $1 $- $- $- $-
Total Assets $91.28M $84.96M $117.69M $8.65M $5.75M $8.14M $6.20M $5.18M $2.59M $5.48M
Account Payables $2.10M $3.55M $2.96M $192.00K $210.00K $201.00K $325.00K $124.00K $152.00K $216.00K
Short Term Debt $19.56M $22.95M $8.49M $134.00K $171.00K $- $- $- $- $-
Tax Payables $24.00K $- $250.00K $2.00K $- $- $- $- $- $-
Deferred Revenue $4.11M $453.00K $316.00K $- $- $- $- $- $- $-
Other Current Liabilities $6.49M $2.56M $3.67M $1.31M $761.00K $991.00K $913.00K $906.00K $907.00K $1.04M
Total Current Liabilities $28.18M $29.52M $15.68M $1.64M $1.14M $1.19M $1.24M $1.03M $1.06M $1.26M
Long Term Debt $216.00K $84.00K $237.00K $297.00K $776.00K $- $- $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $7.78M $8.89M $10.28M $- $- $- $- $- $- $-
Other Non-Current Liabilities $1.75M $203.00K $509.00K $797.00K $- $- $- $- $- $-
Total Non-Current Liabilities $9.74M $9.17M $11.02M $1.09M $776.00K $- $325.00K $124.00K $152.00K $216.00K
Other Liabilities $- $- $- $- $- $- $-325.00K $-124.00K $-152.00K $-216.00K
Total Liabilities $37.92M $38.69M $26.71M $2.73M $1.92M $1.19M $1.24M $1.03M $1.06M $1.26M
Preferred Stock $3.00K $3.00K $1.00K $1 $1 $- $1 $- $- $-
Common Stock $3.00K $20.00K $15.00K $108.00K $106.00K $105.00K $104.00K $100.00K $63.00K $63.00K
Retained Earnings $-250.97M $-221.77M $-123.68M $-117.79M $-119.74M $-118.46M $-120.40M $-120.98M $-120.62M $-117.79M
Accumulated Other Comprehensive Income Loss $-0 $0 $0 $0 $0 $0 $0 $0 $-0 $-0
Other Total Stockholders Equity $277.48M $263.61M $214.66M $123.70M $123.47M $125.30M $125.26M $125.03M $122.08M $121.94M
Total Stockholders Equity $26.51M $41.87M $90.99M $5.92M $3.83M $6.95M $4.96M $4.15M $1.53M $4.22M
Total Equity $53.36M $46.27M $90.99M $5.92M $3.83M $6.95M $4.96M $4.15M $1.53M $4.22M
Total Liabilities and Stockholders Equity $91.28M $84.96M $117.69M $8.65M $5.75M $8.14M $6.20M $5.18M $2.59M $5.48M
Minority Interest $26.84M $4.41M $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $91.28M $84.96M $117.69M $8.65M $5.75M $8.14M $6.20M $5.18M $2.59M $5.48M
Total Investments $1.00M $- $750.00K $750.00K $- $- $- $- $- $-
Total Debt $19.77M $22.88M $8.54M $1.21M $947.00K $- $- $- $- $-
Net Debt $13.41M $21.74M $-1.72M $-1.42M $-1.56M $-5.77M $-3.83M $-3.38M $-462.00K $-1.92M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$20.00M$20.00M$0.00$0.00-$20.00M-$20.00M-$40.00M-$40.00M-$60.00M-$60.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00-$20.00M-$20.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Net Income $-29.20M $-107.02M $-6.39M $1.95M $323.00K $1.94M $582.00K $-359.00K $-2.83M $740.00K
Depreciation and Amortization $14.37M $28.42M $3.87M $159.00K $87.00K $96.00K $81.00K $85.00K $80.00K $83.00K
Deferred Income Tax $- $-1.39M $41.00K $-364.00K $- $-395.00K $- $-99.00K $1.33M $165.00K
Stock Based Compensation $4.31M $3.67M $1.94M $40.00K $31.00K $6.00K $41.00K $449.00K $141.00K $85.00K
Change in Working Capital $3.58M $139.00K $3.19M $-173.00K $-189.00K $435.00K $-314.00K $-3.00K $-289.00K $-281.00K
Accounts Receivables $- $211.00K $-471.00K $-230.00K $125.00K $535.00K $-527.00K $71.00K $209.00K $-372.00K
Inventory $- $- $579.00K $99.00K $-94.00K $-87.00K $13.00K $-35.00K $-316.00K $-47.00K
Accounts Payables $-862.00K $553.00K $2.77M $90.00K $9.00K $-124.00K $201.00K $-28.00K $-64.00K $67.00K
Other Working Capital $4.44M $-625.00K $316.00K $-132.00K $-229.00K $111.00K $-1.00K $-11.00K $-118.00K $71.00K
Other Non Cash Items $3.95M $70.43M $2.90M $3.17M $37.00K $-208.00K $-27.00K $449.00K $139.00K $-106.00K
Net Cash Provided by Operating Activities $-2.99M $-5.75M $5.55M $1.62M $289.00K $2.00M $363.00K $522.00K $-1.43M $686.00K
Investments in Property Plant and Equipment $-12.71M $-63.76M $-57.27M $-835.00K $-83.00K $-93.00K $-107.00K $-136.00K $-55.00K $-77.00K
Acquisitions Net $- $13.83M $- $- $- $- $- $- $- $-
Purchases of Investments $- $- $- $-750.00K $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $2.38M $4.30M $-37.00K $-30.00K $- $- $-107.00K $-136.00K $20.00K $102.00K
Net Cash Used for Investing Activities $-10.33M $-45.63M $-57.30M $-1.58M $-83.00K $-93.00K $-107.00K $-136.00K $-35.00K $25.00K
Debt Repayment $- $26.05M $- $- $- $- $- $- $- $-
Common Stock Issued $807.00K $2.86M $17.25M $83.00K $74.00K $40.00K $- $2.74M $- $-
Common Stock Repurchased $- $- $- $- $- $- $-25.00K $-10.00K $- $-
Dividends Paid $- $-3.85M $-630.00K $- $-3.54M $- $- $- $- $-
Other Financing Activities $21.86M $17.88M $87.98M $83.00K $74.00K $40.00K $216.00K $-194.00K $- $1.00K
Net Cash Used Provided by Financing Activities $21.86M $38.16M $59.38M $83.00K $-3.47M $40.00K $191.00K $2.53M $- $1.00K
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $8.55M $-8.44M $7.63M $120.00K $-3.26M $1.94M $447.00K $2.92M $-1.46M $712.00K
Cash at End of Period $10.37M $1.82M $10.26M $2.63M $2.51M $5.77M $3.83M $3.38M $462.00K $1.92M
Cash at Beginning of Period $1.82M $10.26M $2.63M $2.51M $5.77M $3.83M $3.38M $462.00K $1.92M $1.21M
Operating Cash Flow $-2.99M $-5.75M $5.55M $1.62M $289.00K $2.00M $363.00K $522.00K $-1.43M $686.00K
Capital Expenditure $-12.71M $-63.76M $-57.27M $-835.00K $-83.00K $-93.00K $-107.00K $-136.00K $-55.00K $-77.00K
Free Cash Flow $-15.69M $-69.51M $-51.72M $787.00K $206.00K $1.90M $256.00K $386.00K $-1.48M $609.00K