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Balance Sheets Overview

Current Ratio
1331.45%
Cash Ratio
168.92%
Debt to Asset Ratio
3.62%
Unit: Thousand (K) dollars
Assets Breakdown
    • Digital assets
    • Total current assets
    • Digital assets, restricted
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Treasury stock, at cost
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
3,647
4,395
7,282
124,051
Digital assets
21,000
21,000
21,000
-
Inventory
-
-
1,121
1,128
Digital assets collateral receivable
2,312
-
-
-
Prepaid expenses and other current assets
1,787
2,443
1,752
484
Total current assets
28,746
27,838
31,155
125,663
Digital assets
112,329
127,587
196,724
-
Digital assets, restricted
18,474
23,564
39,219
-
Digital assets, at fair value
-
-
-
291,078
Digital assets receivable
13,991
18,347
31,139
-
Digital assets, restricted, at fair value
-
-
-
59,097
Digital assets fund investment
2,513
3,304
5,617
-
Other long-term assets
1
68
75
82
Total assets
176,054
200,708
303,929
475,920
Accounts payable
1,291
2,003
1,890
2,485
Accrued and other current liabilities
868
808
1,126
654
Total current liabilities
2,159
2,811
3,016
3,139
Derivative liability
4,207
-
-
625,173
Total liabilities
6,366
-
3,016
628,312
Class a ordinary common stock subject to possible redemption, 0.001 par value 3,076,922 and 0 shares at 1.31 and 0.00 per share as of june30,2026 and december31,2025, respectively
4,043
-
-
-
Class a ordinary common stock, 0.001 par value 800,000,000 shares authorized 60,354,067 shares issued and 57,416,984 outstanding and 43,744,207 shares issued and outstanding as of june30,2026 and december31,2025 (excluding 3,076,922 and zero ordinary shares subject to possible redemption as of june30,2026 and december31,2025), respectively
60
57
44
40
Additional paid-in capital
513,857
513,796
513,719
385,768
Treasury stock, at cost
5,855
3,524
-
-
Accumulated deficit
-342,644
-312,388
-212,589
-538,140
Accumulated other comprehensive loss
227
-44
-261
-60
Total stockholders' equity
165,645
197,897
300,913
-152,392
Total liabilities, mezzanine and stockholders' equity
176,054
200,708
303,929
475,920
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Digital assets$21,000K Cash and cashequivalents$3,647K (-40.00%↓ Y/Y)Digital assetscollateral receivable$2,312K Prepaid expenses andother current assets$1,787K (264.69%↑ Y/Y)Digital assets$112,329K Total current assets$28,746K (268.40%↑ Y/Y)Digital assets,restricted$18,474K Digital assetsreceivable$13,991K Digital assets fundinvestment$2,513K Other long-termassets$1K Total assets$176,054K (2130.51%↑ Y/Y)Total liabilities,mezzanine and...$176,054K (2130.51%↑ Y/Y)Total stockholders'equity$165,645K (2648.84%↑ Y/Y)Total liabilities$6,366K (240.97%↑ Y/Y)Class a ordinarycommon stock subject to...$4,043K Accumulated deficit-$342,644K (-84.84%↓ Y/Y)Treasury stock, at cost$5,855K Additional paid-in capital$513,857K (168.07%↑ Y/Y)Derivative liability$4,207K Total currentliabilities$2,159K (19.61%↑ Y/Y)Accumulated othercomprehensive loss$227K (176.95%↑ Y/Y)Class a ordinarycommon stock, 0.001 par...$60K (5900.00%↑ Y/Y)Accounts payable$1,291K (-0.08%↓ Y/Y)Accrued and othercurrent liabilities$868K (83.90%↑ Y/Y)

Solana Co (HSDT)

Solana Co (HSDT)