Company: SLNH
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001493152-25-004555
Chunk: 240

Company: Soluna Holdings, Inc
Filing Date: 2025-02-03
Form: S-1/A
Chunk 240
---
 term. For the twelve months ended December 31, total lease costs are comprised of the following:

Summary of Lease Expense Recognized on Straight-line Basis Over Lease Term

| (Dollars in thousands) |     |   | 2023 |     |   | 2022 |
|:-----------------------|:----|:--|-----:|:----|:--|-----:|
| Operating lease cost   |     | $ |  238 |     | $ |  202 |
| Short-term lease cost  |     |   |    — |     |   |    — |
| Total net lease cost   |     | $ |  238 |     | $ |  202 |

Short-term leases are leases having a term of twelve months or less. The Company recognizes short-term leases on a straight-line basis and does not record a related lease asset or liability for such leases.

Supplemental cash flows information related to leases for the twelve months ended December 31 was as follows:

Summary of Cash Flow Information Related to Leases

| (Dollars in thousands)                                                            
 Cash paid for amounts included in the measurement of lease liabilities:           |     | 2023 |     |     | 2022 |     |
|:----------------------------------------------------------------------------------|:----|:-----|----:|:----|:-----|----:|
| Operating cash flows from operating leases                                        |     | $    | 234 |     | $    | 197 |
| Non-Cash Activity Right-of-use assets obtained in exchange for lease obligations: |     |      |     |     |      |     |
| Operating leases                                                                  |     | $    | 403 |     | $    |  20 |

Supplemental balance sheet information for the twelve months ended December 31 was as follows:

Summary of Balance Sheets Information

| (Dollars in thousands, except lease term and discount rate) 
 Operating leases:                                           |     | 2023 |       |   |     | 2022 |      |   |
|:------------------------------------------------------------|:----|:-----|------:|:--|:----|:-----|-----:|:--|
| Operating lease ROU asset                                   |     | $    |   431 |   |     | $    |  233 |   |
| Current operating lease liabilities                         |     | $    |   220 |   |     | $    |  161 |   |
| Non