Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 67

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 67
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     5,601  
     3,776  
     67%
  
    Cost of high-performance computing service revenue 
     5,724  
     -  
     5,724  
     100%
  
    Cost of cryptocurrency mining revenue- depreciation 
     4,292  
     2,696  
     1,596  
     59%
  
    Cost of data hosting revenue- depreciation 
     1,735  
     1,167  
     568  
     49%
  
    General and administrative expenses, exclusive of depreciation and amortization 
     18,581  
     15,390  
     3,191  
     21%
  
    Depreciation and amortization associated with general and administrative expenses 
     9,613  
     9,513  
     99  
     1%
  
    Loss on contract 
     28,593  
     -  
     28,593  
     100%
  
    Impairment on fixed assets 
     130  
     575  
     (445) 
     (77)%
  
    Operating loss 
     (47,523) 
     (20,241) 
     (27,282) 
     135%
  
    Other expense, net 
     (3,357) 
     (1,479) 
     (1,878) 
     127%
  
    Interest expense 
     (2,527) 
     (2,748) 
     221  
     (8)%
  
    Loss on sale of fixed assets 
     (31) 
     (398) 
     367  
     (92)%
  
    Loss on debt extinguishment and revaluation, net 
     (7,349) 
     (3,904) 
     (3,445) 
     88%
  
    Loss before income taxes 
     (60,787) 
     (28,770) 
     (32,017) 
     111%
  
    Income tax benefit, net 
     2,487  
     1,067  
     1,420  
     133%
  
    Net loss 
     (58,300)