Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 2300

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 2300
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 Loss on debt extinguishment and revaluation, net 
     7,349  
     3,904 
  
    Loss on contract 
     28,593  
     - 
  
    Amortization on deferred financing costs and discount on notes 
     351  
     753 
  
    Loss on sale of fixed assets 
     31  
     398 
  
    Conversion inducement expense 
     388  
     - 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (505) 
     (2,620)
  
    Prepaid expenses and other current assets 
     (3,296) 
     (306)
  
    Other long-term assets 
     (4,842) 
     (304)
  
    Accounts payable 
     741  
     (862)
  
    Deferred revenue 
     -  
     (453)
  
    Operating lease liabilities 
     (138) 
     (234)
  
    Other liabilities and customer deposits 
     (1,671) 
     3,156 
  
    Accrued liabilities 
     4,767  
     3,889 
  
    Net cash used in operating activities 
     (5,069) 
     (2,987)
  
    Investing Activities 

    Purchases of property, plant, and equipment 
     (9,160) 
     (12,705)
  
    Purchases of intangible assets 
     (101) 
     (58)
  
    Proceeds from disposal on property, plant, and equipment 
     215  
     2,286 
  
    Deposits of equipment, net 
     (4,117) 
     147 
  
    Net cash used in investing activities 
     (13,163) 
     (10,330)
  
    Financing Activities 

    Proceeds from common stock warrant exercises 
     2,332  
     - 
  
    Proceeds from common stock securities purchase agreement offering 
     -  
     817 
  
    Proceeds from notes and debt issuance 
     14,470  
     3,100 
  
    Payments on debt principal 
     (2,675) 
     (1,057)
  
    Payments on debt issuance costs 
     (899)