Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 1395

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 1395
---
  
     1,821 
  
    Cash & restricted cash – end of period 
    $10,453  
    $10,367 

    Supplemental Disclosure of Cash Flow Information 

    Cash paid during the period for: 

    Interest paid on NYDIG loans and line of credit 
     115  
     6 
  
    Interest paid on Navitas loan and June and July SPA notes 
     412  
     204 
  
    Interest paid on convertible noteholder default 
     -  
     617 
  
    Non-cash investing and financing activities: 

    Warrant consideration in relation to convertible notes, Cloud notes, and revaluation of warrant liability 
     6,362  
     1,673 
  
    Notes converted to common stock 
     9,001  
     6,013 
  
    Noncash membership distribution accrual 
     1,179  
     517 
  
    SEPA commitment payment 
     275  
     - 
  
    Placement agent release payment 
     1,000  
     - 
  
    Equipment loan converted to equity 
     2,160  
     - 
  
    Noncash disposal of NYDIG collateralized equipment 
     -  
     3,137 
  
    Promissory note and interest conversion to common shares 
     -  
     845 
  
    Interest and penalty settled through repossession of collateralized equipment 
     -  
     1,773 
  
    Noncash non-controlling interest contributions 
     -  
     2,095 
  
    Noncash activity right-of-use assets obtained in exchange for lease obligations 
     146  
     403 
  
    Series B preferred dividend in accrued expense 
     -  
     656 
  
    Noncash note receivable from sale of equipment 
     -  
     240 

The
accompanying notes are an integral part of these consolidated financial statements.

 F-6 

Notes
to Consolidated Financial Statements

1.Nature
                                            of Operations

Description
of Business

Unless
the context requires otherwise in these notes to the Company’s consolidated financial statements (the “Consolidated Financial
Statements”), the terms “SHI,”, “ the “Company,” “we,” “us,” and “our”
refer to Soluna Holdings, Inc