Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 512

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 512
---
 Cost
    of cryptocurrency mining revenue- depreciation 
     4,292  
     -  
     -  
     -  
     4,292  
     -  
     4,292 
  
    Cost
    of data hosting revenue- depreciation 
     -  
     1,162  
     573  
     -  
     1,735  
     -  
     1,735 
  
    Total
    cost of revenue 
     11,791  
     8,414  
     2,632  
     66  
     22,903  
     5,724  
     28,627 
  
    Gross
    profit (loss) 
    $5,236  
    $5,328  
    $2,464  
    $2,074  
    $15,102  
    $(5,708) 
    $9,394 

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 year ended December
31, 2023:

    Soluna
    Digital  

    (Dollars
    in thousands) 
    Project
    Dorothy 1B  
    Project
    Dorothy 1A  
    Project
    Sophie  
    Project
    Marie  
    Other  
    Total 

    Cryptocurrency
    mining revenue 
    $6,849  
    $-  
    $2,984  
    $769  
    $-  
    $10,602 
  
    Data
    hosting revenue 
     -  
     6,876  
     3,021  
     276  
     23  
     10,196 
  
    Demand
    response services 
     -  
     -  
     -  
     -  
     268  
     268 
  
    Total
    revenue 
     6,849  
     6,876  
     6,005  
     1,045