For the quarter ending 2025-09-30, SLNH has $152,035K in assets. $78,570K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 51,371 | 9,878 | ||
| Restricted cash | 3,630 | 2,215 | ||
| Accounts receivables, gross | 4,652 | - | ||
| Less allowance for expected credit losses | 244 | - | ||
| Accounts receivable, net (allowance for expected credit losses of 244 at september 30, 2025 and december 31, 2024) | 4,408 | 2,649 | ||
| Prepaid expenses and other current assets | 3,522 | 2,236 | ||
| Loan commitment assets | 3,474 | - | ||
| Total current assets | 66,405 | 16,978 | ||
| Restricted cash, noncurrent | 5,460 | 3,060 | ||
| Other assets | 1,090 | 1,107 | ||
| Deposits and credits on equipment | 813 | 1,046 | ||
| Property, plant and equipment, gross | 78,668 | - | ||
| Less accumulated depreciation | 14,669 | - | ||
| Property, plant and equipment, net | 63,999 | 56,521 | ||
| Intangible assets, net | 10,593 | 12,957 | ||
| Operating lease right-of-use assets | 3,675 | 283 | ||
| Total assets | 152,035 | 91,952 | ||
| Accounts payable | 4,860 | 3,942 | ||
| Accrued liabilities | 12,426 | 5,934 | ||
| Accrued interest payable | 342 | 3,286 | ||
| Contract liability | 19,348 | 19,348 | ||
| Current portion of debt | 9,999 | 13,255 | ||
| Income tax payable | 71 | 62 | ||
| Warrant liability | 7,225 | - | ||
| Customer deposits | 1,823 | 1,962 | ||
| Operating lease liability | 96 | 63 | ||
| Total current liabilities | 56,190 | 47,852 | ||
| Other liabilities | 2,001 | 333 | ||
| Long-term debt | 13,254 | 10,021 | ||
| Operating lease liability | 3,583 | 220 | ||
| Deferred tax liability, net | 3,542 | 4,207 | ||
| Preferred stock, value-Series BPreferred Stock | - | 0 | ||
| Total liabilities | 78,570 | 62,633 | ||
| Preferred stock, value-Series APreferred Stock | 5 | 5 | ||
| Common stock, par value 0.001 per share, authorized 75,000,000 64,092,531 shares issued and 64,051,790 shares outstanding as of september 30, 2025 and 10,647,761 shares issued and 10,607,020 shares outstanding as of december 31, 2024 | 64 | 19 | ||
| Additional paid-in capital | 381,399 | 323,557 | ||
| Accumulated deficit | -353,198 | -329,242 | ||
| Common stock in treasury, at cost, 40,741 shares at september 30, 2025 and december 31, 2024 | 13,798 | 13,798 | ||
| Total soluna holdings, inc. stockholders equity (deficit) | 14,472 | -19,459 | ||
| Non-controlling interest | 58,993 | 48,778 | ||
| Total stockholders equity | 73,465 | 29,319 | ||
| Total liabilities and stockholders equity | 152,035 | 91,952 | ||
Soluna Holdings, Inc (SLNH)
Soluna Holdings, Inc (SLNH)