For the year ending 2025-12-31, HSDT had $6,194K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -40,890 |
| Amortization of debt discount and imputed interest expense | 680 |
| Financing costs | 195,185 |
| Loss on derivative liability | -539,733 |
| Staking rewards | 5,469 |
| Change in fair value of derivative liability | 937,718 |
| Net change in fair value of digital assets and digital assets receivable | -208,855 |
| Net change in fair value of digital assets fund investment | -2,053 |
| Realized gain/loss on sale of digital assets | -12,127 |
| Stock-based compensation expense | 9,250 |
| Other | 550 |
| Inventory | 85 |
| Prepaid expense and other current assets | 452 |
| Accounts payable | 1,017 |
| Accrued and other current liabilities | -169 |
| Other liabilities | -81 |
| Net cash used in operating activities | -16,514 |
| Digital assets purchased | 420,679 |
| Digital assets sold | 47,229 |
| Digital assets receivable purchased | 44,779 |
| Digital assets fund investment | 8,303 |
| Net cash used in investing activities | -426,532 |
| Proceeds from issuance of common stock in atm | 29,903 |
| Proceeds from issuance of warrants and common stock warrants in private placement | 433,388 |
| Proceeds from exercise of warrants | 3,735 |
| Share issuance costs | 17,107 |
| Proceeds from issuance of notes payable | 880 |
| Repayment of notes payable | 1,560 |
| Net cash provided by financing activities | 449,239 |
| Effect of currency exchange rate changes on cash and cash equivalents | 1 |
| Net increase (decrease) in cash and cash equivalents | 6,194 |
| Cash and cash equivalents at beginning of period | 1,088 |
| Cash and cash equivalents at end of period | 7,282 |
Solana Co (HSDT)
Solana Co (HSDT)