Company: SLNH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024045
Chunk: 135

Company: Soluna Holdings, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 135
---

     2,945 
  
    Cost of high-performance computing service revenue 
     -  
     -  
     -  
     -  
     -  
     -  
     7  
     7 
  
    Cost of cryptocurrency mining revenue- depreciation 
     2,147  
     -  
     -  
     -  
     -  
     2,147  
     -  
     2,147 
  
    Cost of data hosting revenue- depreciation 
     -  
     569  
     137  
     207  
     -  
     913  
     -  
     913 
  
    Total cost of revenue 
     5,868  
     2,305  
     553  
     1,000  
     -  
     9,726  
     7  
     9,733 
  
    Gross (loss) profit 
    $(8) 
    $719  
    $(343) 
    $1,304  
    $668  
    $2,340  
    $21  
    $2,361 

50

The
following table summarizes the balances for the project sites for cryptocurrency mining revenue, data hosting revenue, high-performance
computing service revenue, demand response revenue, cost of cryptocurrency mining revenue, exclusive of depreciation, cost of data hosting
revenue, exclusive of depreciation, cost of high-performance computing services, and cost of depreciation during the six months ended
June 30, 2024:

    Soluna Digital  
    Soluna Cloud  

    (Dollars in thousands) 
    Project Dorothy 1B  
    Project Dorothy 1A  
    Project Sophie  
    Other  
    Soluna Digital Subtotal  
    Project  Ada  
    Total 

    Cryptocurrency mining revenue 
    $10,880  
    $-  
    $-  
    $-  
    $10,880  
    $   -  
    $10,880 
  
    Data hosting revenue 
     -  
     7,108  
     3,068  
     -  
     10,176  
     -  
     10,176