Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 200

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 200
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, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (ASU 2023-09), which
requires disclosure of incremental income tax information within the rate reconciliation and expanded disclosures of income taxes paid,
among other disclosure requirements. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted.
The amendment is required to be disclosed on an annual basis, in which the Company will include on its annual report for the year ended
December 31, 2025.

Stock
Compensation

In
March 2024, the FASB issued ASU 2024-01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest
and Similar Awards (“ASU 2024-01”), to clarify the scope application of profits interest and similar awards by adding
illustrative guidance in ASC 718, Compensation—Stock Compensation (“ASC 718”). ASU 2024-01 clarifies how to
determine whether profits interest and similar awards should be accounted for as a share-based payment arrangement (ASC 718) or as a
cash bonus or profit-sharing arrangement (ASC 710, Compensation—General, or other guidance) and applies to all reporting
entities that account for profits interest awards as compensation to employees or non-employees. In addition to adding the illustrative
guidance, ASU 2024-01 modified the language in paragraph 718-10-15-3 to improve its clarity and operability without changing the guidance.
ASU 2024-01 is effective for fiscal years beginning after December 15, 2024, and interim periods within those annual periods. Early adoption
is permitted. The amendments should be applied either retrospectively to all prior periods presented in the financial statements, or
prospectively to profits interests and similar awards granted or modified on or after the adoption date. The Company notes that this
ASU did not have an impact on the condensed consolidated financial statements for the three and nine months ended September 30, 2025.
If any new awards are issued in the future, the Company will evaluate the scope application of this ASU.

Accounting
Updates Not Yet Effective

Improvements
to Comprehensive Income- Expense Disaggregation

In
December 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures
(Subtopic 220-40) (“