For the quarter ending 2025-09-30, SLNH made $8,415,000 in revenue. -$23,956,000 in net income. Net profit margin of -284.68%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 8,415,000 | 6,158,000 | 5,936,000 | 3,229,750 |
| Cryptocurrency Mining Revenue | 1,708,000 | 1,767,000 | - | - |
| Data Hosting Revenue | 2,660,000 | 1,617,000 | - | - |
| Crypto Currency Mining Revenue Depreciation | 1,053,000 | 1,074,000 | - | - |
| Loss on contract | - | - | - | 7,148,250 |
| Cost Of Revenue Depreciation | 665,000 | 512,000 | - | - |
| Total costs of revenue | 6,086,000 | 4,970,000 | 4,763,000 | 7,086,500 |
| General and administrative expenses, exclusive of depreciation and amortization | 7,708,000 | 5,397,000 | 5,946,000 | 3,975,500 |
| Depreciation and amortization associated with general and administrative expenses | 2,401,000 | 2,403,000 | 2,404,000 | 2,403,000 |
| Impairment on fixed assets | - | 12,000 | - | 32,500 |
| Total general and administrative expenses | 10,109,000 | 7,800,000 | 8,350,000 | 6,378,500 |
| Operating loss | -7,780,000 | -6,624,000 | -7,177,000 | -17,416,000 |
| Interest expense | 1,212,000 | 1,196,000 | 838,000 | 628,500 |
| Gain (loss) on debt extinguishment and revaluation, net | 10,107,000 | 0 | 551,000 | -1,476,000 |
| Loss on sale of fixed assets and credit on equipment deposit | -780,000 | -22,000 | - | -3,333.333 |
| Fair value adjustment (loss) gain | -22,047,000 | - | - | - |
| Other financing expense | 4,746,000 | - | - | - |
| Other income (expense), net | 5,000 | -546,000 | -315,000 | -1,651,000 |
| Loss before income taxes | -26,453,000 | -8,388,000 | -7,779,000 | -21,176,500 |
| Income tax benefit, net | -666,000 | -608,000 | -425,000 | -645,500 |
| Net loss | -25,787,000 | -7,780,000 | -7,354,000 | -20,531,000 |
| (less) net loss (income) attributable to non-controlling interest | -1,831,000 | -398,000 | 202,000 | 2,104,500 |
| Net loss attributable to soluna holdings, inc | -23,956,000 | -7,382,000 | -7,556,000 | -22,635,500 |
| Basic loss per share | -1.14 | -0.69 | -0.88 | -3.945 |
| Diluted loss per share | -1.14 | -0.69 | -0.88 | -3.945 |
| Weighted average shares outstanding, basic | 26,983,023 | 14,991,125 | 11,939,983 | -485,916.333 |
| Weighted average shares outstanding, diluted | 26,983,023 | 14,991,125 | 11,939,983 | -3,010,722.5 |
Soluna Holdings, Inc (SLNH)
Soluna Holdings, Inc (SLNH)