Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 1626

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1626
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 represents total debt outstanding by agreement as of December 31, 2024:

 Schedule of Total Debt Outstanding

    (Dollars in thousands): 
    Convertible notes payable  
    Current portion of debt  
    Long term debt  
    Total 
  
    Convertible Notes 
    $-  
    $-  
    $-  
    $- 
  
    NYDIG financing 
     -  
     9,183  
     -  
     9,183 
  
    Navitas term loan 
     -  
     137  
     -  
     137 
  
    June 2024 secured note 
     -  
     3,922  
     7,061  
     10,983 
  
    July 2024 additional secured note 
     -  
     1,202  
     -  
     1,202 
  
    Total Debt 
    $-  
    $14,444  
    $7,061  
    $21,505 

The
following table represents total debt outstanding by agreement as of December 31, 2023:

    (Dollars in thousands): 
    Convertible notes payable  
    Current portion of debt  
    Long term debt  
    Total 
  
    Convertible Notes 
    $8,474  
    $-  
    $-  
    $8,474 
  
    NYDIG financing 
     -  
     9,183  
     -  
     9,183 
  
    Navitas term loan 
     -  
     1,681  
     -  
     1,681 
  
    Total Debt 
    $8,474  
    $10,864  
    $-  
    $19,338 

Convertible
Notes

Debt
consists of the following

 Schedule of Debt

    (Dollars in thousands): 
    Maturity Date 
    Interest Rate  
    December 31, 2024  
    December 31, 2023 
  
    Convertible Note 
    January 24, 2025** 
     *18% 
    $-  
    $8,474 

    *
    Default
    interest was waived on March 10, 2023,