For the quarter ending 2025-09-30, SLNH had $45,308K increase in cash & cash equivalents over the period. -$6,849K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -40,921 | - |
| Depreciation expense | 1,745 | 3,121 |
| Amortization expense | 2,373 | 4,746 |
| Stock-based compensation | 1,882 | 3,789 |
| Deferred income taxes | -665 | -1,051 |
| Impairment on fixed assets | 12 | - |
| Amortization of operating lease asset | 49 | 30 |
| (gain) loss on debt extinguishment and revaluation, net | 10,658 | - |
| Amortization of deferred financing costs and discount on notes | 223 | 338 |
| Fair value adjustments, including sepa | 22,165 | - |
| Fair value on placement warrant financing cost | 146 | - |
| Loss on sale of fixed assets and credit on equipment deposit | -802 | - |
| Accounts receivable | 1,759 | -44 |
| Prepaid expenses and other current assets | 1,286 | 455 |
| Other long-term assets | -1 | -1,607 |
| Accounts payable | 918 | 1,102 |
| Contract liability | 0 | -667 |
| Operating lease liabilities | -45 | -30 |
| Other liabilities and customer deposits | 1,529 | 644 |
| Sepa fair value revaluation | - | 118 |
| Accrued liabilities and interest payable | 5,750 | 1,042 |
| Net cash used in operating activities | -2,206 | -1,273 |
| Proceeds from sale of property, plant and equipment | - | 0 |
| Purchases of property, plant, and equipment | 4,643 | 12,365 |
| Purchases of intangible assets | 9 | 83 |
| Deposits on equipment | 5,127 | -4,099 |
| Net cash used in investing activities | -9,779 | -8,349 |
| Proceeds from common stock warrant exercises | 9,455 | 0 |
| Proceeds from sale of common stock on sepa | 6,176 | - |
| Proceeds from notes | 13,165 | 5,269 |
| Proceeds from sale of common stock on atm | 22,961 | - |
| Proceeds from july equity issuance | 4,509 | - |
| Costs associated with july equity issuance | 145 | - |
| Payments on notes and deferred financing costs | 3,663 | 3,275 |
| Payments on atm | 162 | - |
| Contributions from non-controlling interest | 10,226 | 11,852 |
| Payments on atm | - | 132 |
| Proceeds from sale of common stock on sepa | - | 2,005 |
| Proceeds from sale of common stock on atm | - | 2,178 |
| Distributions to non-controlling interest | 1,178 | 3,575 |
| Net cash provided by financing activities | 57,293 | 14,322 |
| Increase in cash & restricted cash | 45,308 | 4,700 |
| Cash and cash equivalents at beginning of period | 10,453 | - |
| Cash and cash equivalents at end of period | 60,461 | - |
Soluna Holdings, Inc (SLNH)
Soluna Holdings, Inc (SLNH)