Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 83

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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444  
     -  
     1,512 
  
    Other
    cost of revenue* 
     183  
     221  
     -  
     404 
  
    Total segment cost of revenue 
     3,126  
     3,093  
     2,859  
     9,078 
  
    General and administrative
    expenses 
     57  
     804  
     83  
     944 
  
    Impairment
    on fixed assets 
     -  
     -  
     -  
     - 
  
    Segment
    operating income (loss) 
    $(372) 
    $374  
    $(2,942) 
    $(2,940)

    (a)
     
    Demand
    response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss.

    *
     
    Other
    cost of revenue includes insurance, outside service costs and margins, and general costs.

    41

The
following table presents the reconciliation of segment operating income (loss) to net income (loss) before taxes:

    2025  
    2024 

    For
    the three months ended September 30, 

    2025  
    2024 
  
    Segment operating
    income (loss) 
    $802  
    $(2,940)

    Reconciling Items: 

    Elimination of intercompany
    costs 
     261  
     189 
  
    Other revenue (a) 
     389  
     443 
  
    General and administrative,
    exclusive of depreciation and amortization (b) 
     (6,831) 
     (4,304)
  
    General and administrative,
    depreciation and amortization 
     (2,401) 
     (2,404)
  
    Interest expense 
     (1,212) 
     (821)
  
    (Loss) gain on debt extinguishment
    and revaluation, net 
     10,107  
     875 
  
    Other financing expense 
     (4,746) 
     - 
  
    Loss on sale of fixed assets
    and credit on equipment deposit 
     (780) 
     - 
  
    Fair