Company: SLNH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010886
Chunk: 85

Company: Soluna Holdings, Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 85
---
 )

    152
    %
  
    Income tax benefit, net

    425

    548

    (123)

    (22)
    %
  
    Net loss

    (7,354
    )

    (2,544
    )

    (4,810
    )

    189
    %
  
    Net income attributable to non-controlling interest, net

    (202
    )

    (2,710
    )

    2,508

    (93)
    %
  
    Net loss attributable to Soluna Holdings, Inc.
     
    $
    (7,556
    )
     
     $
    (5,254
    )
     
     $
    (2,302
    )

    44
    %

43

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 three months ended March 31, 2025:

    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 
    $2,999  
    $-  
    $-  
    $-  
    $2,999  
    $-  
    $2,999 
  
    Data hosting revenue 
     -  
     1,371  
     1,031  
     -  
     2,402  
     -  
     2,402 
  
    Demand response services 
     -  
     -  
     -  
     507  
     507  
     -  
     507 
  
    High-performance computing services 
     -  
     -  
     -  
     -  
     -  
     28  
     28 
  
    Total revenue 
     2,999  
     1,371  
     1,031  
     507