Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 85

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 85
---

     7  
     16,526 
  
    General and administrative
    expenses 
     62  
     1,337  
     270  
     1,669 
  
    Impairment
    on fixed assets 
     -  
     12  
     -  
     12 
  
    Segment
    operating income (loss) 
    $(258) 
    $1,753  
    $(249) 
    $1,246 

    42

For
the nine months ended September 30, 2024

    Cryptocurrency Mining  
    Data
                                            Center Hosting  
    High- Performance Computing Services  
    Total 
  
    Segment Revenue: Revenue from external
    customers 
    $13,691  
    $14,446  
    $-  
    $28,137 
  
    Reconciliation of revenue 

    Demand response service
    revenue (a) 
     -  
     -  
     -  
     1,612 
  
    Total consolidated revenue 

     29,749 
  
    Less: Segment cost of revenue 

    Utility costs 
     4,093  
     4,243  
     -  
     8,336 
  
    Wages, benefits, and employee
    related costs 
     594  
     1,443  
     -  
     2,037 
  
    Facilities and Equipment
    costs 
     780  
     1,011  
     2,859  
     4,650 
  
    Cost of revenue- depreciation 
     3,220  
     1,320  
     -  
     4,540 
  
    Other
    cost of revenue* 
     488  
     530  
     -  
     1,018 
  
    Total segment cost of revenue 
     9,175  
     8,547  
     2,859  
     20,581 
  
    General and administrative
    expenses 
     193  
     994  
     141  
     1,328 
  
    Impairment
    on fixed assets 
     130  
     -  
     -  
     130