Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 537

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 537
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 benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination
by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from
such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution.
The impact of our reassessment of our tax positions for these standards did not have a material impact on its results of operations,
financial condition, or liquidity.

We
are also currently subject to audit in various jurisdictions, and these jurisdictions may assess additional income tax liabilities against
us. Developments in an audit, litigation, or in applicable laws, regulations, administrative practices, principles, and interpretations
could have a material effect on our operating results or cash flows in the period or periods in which such developments occur, as well
as for prior and in subsequent periods.

Tax
laws, regulations, and administrative practices in various jurisdictions may be subject to significant change, with or without notice,
due to economic, political, and other conditions, and significant judgment is required in evaluating and estimating our provision and
accruals for these taxes. There are many transactions that occur during the ordinary course of business for which the ultimate tax determination
is uncertain. Our effective tax rates could be affected by numerous factors, such as intercompany transactions, earnings being lower
than anticipated in jurisdictions where we have lower statutory rates and higher than anticipated in jurisdictions where we have higher
statutory rates, the applicability of special tax regimes, losses incurred in jurisdictions for which we are not able to realize the
related tax benefit, changes in foreign currency exchange rates, entry into new businesses and geographies, changes to our existing businesses
and operations, acquisitions and investments and how they are financed, changes in our stock price, changes in our deferred tax assets
and liabilities and their valuation, and changes in the relevant tax, accounting, and other laws, regulations, administrative practices,
principles, and interpretations.

60

Impairment
of long-lived assets

Management
reviews long-lived assets, including finite lived intangible assets, property, plant and equipment, and other assets for impairment whenever
events or changes in circumstances indicate that the carrying amount of an asset, asset group, or investment may not be recoverable.

Recent
Accounting Pronouncements

A
discussion of recently adopted and new accounting pronouncements is included in Note 2 of the Consolidated Financial Statements included
in this Annual Report