For the quarter ending 2026-03-31, SLNH made $9,394,000 in revenue. -$17,466,000 in net income. Net profit margin of -185.93%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenue | 9,394,000 | 9,208,000 | 8,415,000 | 6,158,000 |
| Cost, exclusive of depreciation-Cryptocurrency Mining Revenue | 1,658,000 | 1,852,750* | - | - |
| Cryptocurrency Mining Revenue | - | - | 1,708,000 | 1,767,000 |
| Cost, exclusive of depreciation-Data Hosting Revenue | 3,619,000 | 3,901,250* | - | - |
| Data Hosting Revenue | - | - | 2,660,000 | 1,617,000 |
| Cost, exclusive of depreciation-High Performance Computing Service Revenue | 0 | 1,750* | - | - |
| Crypto Currency Mining Revenue Depreciation | - | - | 1,053,000 | 1,074,000 |
| Depreciation-Cryptocurrency Mining Revenue | 1,011,000 | 1,076,000* | - | - |
| Cost Of Revenue Depreciation | - | - | 665,000 | 512,000 |
| Depreciation-Data Hosting Revenue | 1,191,000 | 608,250* | - | - |
| Total costs of revenue | 7,479,000 | 7,440,000 | 6,086,000 | 4,970,000 |
| General and administrative expenses, exclusive of depreciation and amortization | 16,140,000 | 11,468,000 | 7,708,000 | 5,397,000 |
| Depreciation and amortization associated with general and administrative expenses | 2,401,000 | 2,400,000 | 2,401,000 | 2,403,000 |
| Total general and administrative expenses | 18,541,000 | 13,868,000 | 10,109,000 | 7,800,000 |
| Loss on contract | - | 0* | - | - |
| Impairment on fixed assets | - | 0* | - | 12,000 |
| Operating loss | -16,626,000 | -12,100,000 | -7,780,000 | -6,624,000 |
| Interest expense | 1,481,000 | 1,223,000* | 1,212,000 | 1,196,000 |
| Gain on debt extinguishment and revaluation, net | 0 | 0 | 10,107,000 | 0 |
| Loss on sale of fixed assets | 32,000 | 52,000* | -780,000 | -22,000 |
| Fair value adjustment gain | 0 | -11,893,000* | -22,047,000 | - |
| Other financing expense | 564,000 | -8,321,000* | 4,746,000 | - |
| Other income, net | 113,000 | 156,000 | 5,000 | -546,000 |
| Loss before income taxes | -18,526,000 | -16,687,000 | -26,453,000 | -8,388,000 |
| Us federal statutory tax rate-US | - | -3,155,500* | - | - |
| All other states income tax effect-KY | - | -145,250* | - | - |
| All other states income tax effect-State And Local Tax Jurisdiction Other | - | -3,000* | - | - |
| State rate adjustment | - | -29,250* | - | - |
| State nol adjustment | - | -190,000* | - | - |
| Partnership differential | - | 320,500* | - | - |
| Stock based compensation | - | 28,250* | - | - |
| Fair value adjustment of warrants | - | 1,243,250* | - | - |
| Cancellation of debt income | - | 0* | - | - |
| Loss on extinguishment of debt | - | -648,000* | - | - |
| Other permanent items | - | 1,250* | - | - |
| Expiration of net operating losses | - | -746,250* | - | - |
| Return to provision adjustments | - | -1,250* | - | - |
| Other | - | -500* | - | - |
| Change in valuation allowances | - | 836,250* | - | - |
| Income tax benefit, net | -624,000 | -617,000 | -666,000 | -608,000 |
| Net loss | -17,902,000 | -16,070,000 | -25,787,000 | -7,780,000 |
| (less) net loss (income) attributable to non-controlling interest | -436,000 | - | -1,831,000 | -398,000 |
| Net loss attributable to soluna holdings, inc | -17,466,000 | - | -23,956,000 | -7,382,000 |
| Basic EPS | -0.24 | -0.623 | -1.14 | -0.69 |
| Diluted EPS | -0.24 | -0.623 | -1.14 | -0.69 |
| Basic Average Shares | 84,101,320 | 29,048,848* | 26,983,023 | 14,991,125 |
| Diluted Average Shares | 84,101,320 | 29,048,848* | 26,983,023 | 14,991,125 |
Soluna Holdings, Inc (SLNH)
Soluna Holdings, Inc (SLNH)