For the quarter ending 2026-03-31, SLNHP has $190,420K in assets. $76,064K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 68,572 | 76,423 | 51,371 | 9,878 |
| Restricted cash | 9,493 | 4,500 | 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 0 at march31, 2026 and 244 at december31, 2025) | 5,456 | 5,522 | 4,408 | 2,649 |
| Prepaid expenses and other current assets | 4,178 | 2,664 | 3,522 | 2,236 |
| Equipment held for sale | - | 0 | - | - |
| Loan commitment assets | 3,018 | 3,018 | 3,474 | - |
| Total current assets | 90,717 | 92,127 | 66,405 | 16,978 |
| Restricted cash, noncurrent | 7,920 | 7,920 | 5,460 | 3,060 |
| Other assets | 963 | 978 | 1,090 | 1,107 |
| Deposits and credits on equipment | 3,333 | 1,377 | 813 | 1,046 |
| Property, plant and equipment, gross | - | - | 78,668 | - |
| Less accumulated depreciation | - | - | 14,669 | - |
| Property, plant and equipment, net | 79,516 | 74,783 | 63,999 | 56,521 |
| Intangible assets, net | 5,932 | 8,261 | 10,593 | 12,957 |
| Operating lease right-of-use assets | 244 | 252 | 3,675 | 283 |
| Financing lease right-of-use assets | 1,795 | 2,246 | - | - |
| Total assets | 190,420 | 187,944 | 152,035 | 91,952 |
| Accounts payable, related party | 4,218 | 4,859 | 4,860 | 3,942 |
| Accrued liabilities | 15,568 | 13,182 | 12,426 | 5,934 |
| Accrued interest payable | 346 | 303 | 342 | 3,286 |
| Contract termination liability | 19,348 | 19,348 | 19,348 | 19,348 |
| Current portion of debt | 10,041 | 8,858 | 9,999 | 13,255 |
| Income tax payable | 129 | 123 | 71 | 62 |
| Warrant liability | - | - | 7,225 | - |
| Deferred revenue | 537 | 518 | - | - |
| Customer deposits- current | 1,640 | 1,913 | 1,823 | 1,962 |
| Operating lease liability | 62 | 65 | 96 | 63 |
| Financing lease liability | 22 | 20 | - | - |
| Total current liabilities | 51,911 | 49,189 | 56,190 | 47,852 |
| Other liabilities | 946 | 743 | 2,001 | 333 |
| Customer deposits- long-term | 3,061 | 2,533 | - | - |
| Long-term debt | 15,910 | 17,899 | 13,254 | 10,021 |
| Operating lease liability | 182 | 187 | 3,583 | 220 |
| Financing lease liability | 1,775 | 2,236 | - | - |
| Deferred tax liability, net | 2,279 | 2,911 | 3,542 | 4,207 |
| Total liabilities | 76,064 | 75,698 | 78,570 | 62,633 |
| Placement agent warrants | 1,313 | 1,313 | - | - |
| Preferred stock value-Series APreferred Stock | 5 | 5 | 5 | 5 |
| Preferred stock value-Series BPreferred Stock | 0 | 0 | - | 0 |
| Common stock, par value 0.001 per share, authorized 375,000,000 111,803,635 shares issued and 111,717,040 shares outstanding as of march31, 2026 and 102,617,684 shares issued and 102,531,089 shares outstanding as of december31, 2025 | 112 | 103 | 64 | 19 |
| Additional paid-in capital | 446,183 | 435,030 | 381,399 | 323,557 |
| Accumulated deficit | -385,181 | -367,715 | -353,198 | -329,242 |
| Common stock in treasury, at cost, 86,595 shares at march 31, 2026 and december 31, 2025 | 13,873 | 13,873 | 13,798 | 13,798 |
| Total soluna holdings, inc. stockholders equity (deficit) | 47,246 | 53,550 | 14,472 | -19,459 |
| Non-controlling interest | 65,797 | 57,383 | 58,993 | 48,778 |
| Total equity | 113,043 | 110,933 | 73,465 | 29,319 |
| Total liabilities, mezzanine equity, and equity | 190,420 | 187,944 | 152,035 | 91,952 |
Soluna Holdings, Inc (SLNHP)
Soluna Holdings, Inc (SLNHP)