Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 2458

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 2458
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 costs: 

    Cost of cryptocurrency mining revenue, exclusive of depreciation 
     7,499  
     6,365 
  
    Cost of data hosting revenue, exclusive of depreciation 
     9,377  
     5,601 
  
    Cost of high-performance computing services 
     5,724  
     - 
  
    Cost of cryptocurrency mining revenue- depreciation 
     4,292  
     2,696 
  
    Cost of data hosting revenue- depreciation 
     1,735  
     1,167 
  
    Total costs of revenue 
     1,735  
     1,167 

    Total cost of revenue 
     28,627  
     15,829 
  
    Operating expenses: 

    General and administrative expenses, exclusive of depreciation and amortization 
     18,581  
     15,390 
  
    Depreciation and amortization associated with general and administrative expenses 
     9,613  
     9,513 
  
    Total general and administrative expenses 
     28,194  
     24,903 
  
    Loss on contract 
     28,593  
     - 
  
    Impairment on fixed assets 
     130  
     575 
  
    Operating loss 
     (47,523) 
     (20,241)
  
    Interest expense 
     (2,527) 
     (2,748)
  
    Loss on debt extinguishment and revaluation, net 
     (7,349) 
     (3,904)
  
    Loss on sale of fixed assets 
     (31) 
     (398)
  
    Other expense, net 
     (3,357) 
     (1,479)
  
    Loss before income taxes 
     (60,787) 
     (28,770)
  
    Income tax benefit, net 
     2,487  
     1,067 
  
    Net loss 
     (58,300) 
     (27,703)
  
    (Less) Net income attributable to non-controlling interest, net 
     (5,034) 
     (1,498)
  
    Net loss attributable to Soluna Holdings, Inc. 
    $(63,334) 
    $(29,201)

    Basic and Diluted loss