For the year ending 2025-12-31, SLNHP had $78,390K increase in cash & cash equivalents over the period. -$37,214K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -56,991 |
| Depreciation expense | 6,852 |
| Amortization expense | 9,493 |
| Stock-based compensation | 10,566 |
| Deferred income taxes | -2,339 |
| Impairment on fixed assets | 12 |
| Provision for credit losses | 0 |
| Amortization of operating lease asset and financing lease | 189 |
| Debt issuance costs | 0 |
| (gain) loss on debt extinguishment and revaluation, net | 10,658 |
| Loss on contract | 0 |
| Amortization on deferred financing costs and discount on notes | 1,114 |
| Fair value adjustments, including sepa | 23,680 |
| Fair value on placement agent warrant financing cost | 146 |
| Loss on sale of fixed assets and credit on equipment deposit | -1,151 |
| Conversion inducement expense | 0 |
| Accounts receivable | 2,829 |
| Prepaid expenses and other current assets | 884 |
| Other long-term assets | -1,704 |
| Accounts payable | 2,012 |
| Contract liability | -667 |
| Deferred revenue | 1,012 |
| Operating lease liabilities | -61 |
| Other liabilities and customer deposits | 3,044 |
| Accrued liabilities and accrued interest payable | 4,305 |
| Net cash used in operating activities | -9,149 |
| Purchases of property, plant, and equipment | 28,065 |
| Purchases of intangible assets | 134 |
| Proceeds from disposal on property, plant, and equipment | 0 |
| Deposits of equipment | 3,654 |
| Net cash used in investing activities | -31,853 |
| Proceeds from common stock warrant exercises | 10,272 |
| Net proceeds from december equity issuance-SEPA | 6,176 |
| Proceeds from notes and debt issuance | 23,885 |
| Proceeds from issuance-At The Market | 34,153 |
| Proceeds from issuance-July Equity Issuance | 4,364 |
| Net proceeds from december equity issuance-December Equity Issuance | 29,748 |
| Payments on notes | 6,676 |
| Payments of debt issuance costs | 2,790 |
| Payments on other financing costs | 0 |
| Payments on warrant redemptions | 452 |
| Payments on financing lease liabilities | 118 |
| Costs on treasury stock | 75 |
| Contributions from non-controlling interest | 29,559 |
| Distributions to non-controlling interest | 8,654 |
| Net cash provided by financing activities | 119,392 |
| Increase in cash & restricted cash | 78,390 |
| Cash & restricted cash beginning of period | 10,453 |
| Cash & restricted cash end of period | 88,843 |
Soluna Holdings, Inc (SLNHP)
Soluna Holdings, Inc (SLNHP)