Company: SLNH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010886
Chunk: 172

Company: Soluna Holdings, Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 172
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 revenue 
     3,052  
     1,769  
     7  
     4,828 
  
    General and administrative expenses 
     14  
     90  
     159  
     263 
  
    Segment operating income (loss) 
    $(67) 
    $543  
    $(138) 
    $338 

    34

For the three months ended
March 31, 2024

    Cryptocurrency Mining  
    Data Center Hosting  
    High-Performance Computing Services  
    Total 
  
    Segment Revenue: Revenue from external customers 
    $6,396  
    $5,278  
    $-  
    $11,674 
  
    Reconciliation of revenue 

    Demand response revenue (a) 

     -  
     875 
  
     Total consolidated revenue 

     12,549 
  
    Less: Segment cost of revenue 

    Utility costs 
     1,377  
     1,357  
     -  
     2,734 
  
    Wages, benefits, and employee related costs 
     191  
     460  
     -  
     651 
  
    Facilities and Equipment costs 
     175  
     299  
     -  
     474 
  
    Cost of revenue- depreciation 
     1,087  
     436  
     -  
     1,523 
  
    Other cost of revenue* 
     178  
     217  
     -  
     395 
  
    Total segment cost of revenue 
     3,008  
     2,769  
     -  
     5,777 
  
    General and administrative expenses 
     29  
     35  
     -  
     64 
  
    Impairment on fixed assets 
     130  
     -  
     -  
     130 
  
    Segment operating income 
    $3,229  
    $2,474  
    $-  
    $5,703 

    (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