Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 1270

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 1270
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 recognized on a straight-line basis over the lease 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) 

    2024  
    2023 
  
    Operating lease cost 
    $157  
    $238 
  
    Short-term lease cost 
     —  
     — 
  
    Total net lease cost 
    $157  
    $238 

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.

     F-36 

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) 

    2024  
    2023 
  
    Cash paid for amounts included in the measurement of lease liabilities: 

    Operating cash flows from operating leases 
    $159  
    $234 

    Non-Cash Activity Right-of-use assets obtained in exchange for lease obligations: 

    Operating leases 
    $146  
    $403 

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) 

    2024  
    2023 
  
    Operating leases: 

    Operating lease ROU asset 
    $313  
    $431 

    Current operating lease liabilities 
    $61  
    $220 
  
    Non-current operating lease liabilities 
     252  
     216 
  
    Total operating lease liabilities 
    $313  
    $436 

    Operating leases: 

    ROU assets 
    $470  
    $1,058 
  
    Asset lease expense 
     (157) 
     (627)
  
    ROU assets, net 
    $313  
    $431 

    Weighted Average Remaining Lease Term (in years): 

    Operating leases 
     5.71  
     4.38 

    Weighted Average Discount Rate: 

    Operating leases