Company: SLNH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010886
Chunk: 86

Company: Soluna Holdings, Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 86
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 5,908  
     28  
     5,936 

    Cost of cryptocurrency mining, exclusive of depreciation 
    $1,954  
     -  
     -  
     -  
     1,954  
     -  
     1,954 
  
    Cost of data hosting revenue, exclusive of depreciation 
     -  
     885  
     372  
     70  
     1,327  
     -  
     1,327 
  
    Cost of high-performance computing service revenue 
     -  
     -  
     -  
     -  
     -  
     7  
     7 
  
    Cost of cryptocurrency mining revenue- depreciation 
     1,074  
     -  
     -  
     -  
     1,074  
     -  
     1,074 
  
    Cost of data hosting revenue- depreciation 
     -  
     295  
     106  
     -  
     401  
     -  
     401 
  
    Total cost of revenue 
     3,028  
     1,180  
     478  
     70  
     4,756  
     7  
     4,763 
  
    Gross (loss) profit 
    $(29) 
    $191  
    $553  
    $437  
    $1,152  
    $21  
    $1,173 

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, 2024:

    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 
    $6,396  
    $-  
    $