Company: SLNH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010886
Chunk: 215

Company: Soluna Holdings, Inc
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 215
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Unless the context requires otherwise in these
condensed consolidated financial statements, the terms “SHI,” “Soluna,” the “Company,” “we,”
“us,” and “our” refer to Soluna Holdings, Inc. together with its consolidated subsidiaries, “SDI”
refers to Soluna Digital, Inc. “SCI” refers to Soluna Computing, Inc., formerly known as EcoChain, Inc., “Soluna Cloud”
or “Cloud” refer to Soluna Cloud, Inc., and “SEI” refers to Soluna Energy, Inc. Other trademarks, trade names,
and service marks used in this Quarterly Report on Form 10-Q are the property of their respective owners.

The following discussion of our financial condition
and results of operations should be read in conjunction with the Condensed Consolidated Financial Statements and the related notes thereto
included in Item 1 of Part I of this Quarterly Report on Form 10-Q and the audited Consolidated Financial Statements and the related notes
thereto and Management’s Discussion and Analysis of Financial Condition and Results of Operations for the year ended December 31,
2024 contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the Securities and Exchange
Commission (the “SEC”) on March 31, 2025.

In addition to historical information, the following
discussion contains forward-looking statements, which involve risk and uncertainties. Our actual results could differ materially from
those anticipated in the forward-looking statements. Important factors that could cause actual results to differ include those set forth
in Part I Item 1A-Risk Factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and elsewhere in this Quarterly
Report on Form 10-Q. Readers should not place undue reliance on our forward-looking statements. These forward-looking statements speak
only as of the date on which the statements were made and are not guarantees of future performance. Except as may be required by applicable
law, we do not undertake or intend to update any forward-looking statements after the date of this Quarterly Report on Form 10-Q. Please
see “Statement Concerning Forward-Looking Statements” below.

Overview and Recent Developments

Our mission is to make renewable energy a global superpower
using computing as a catalyst.

We develop and operate digital infrastructure that
taps into a growing global opportunity: the convergence of renewable energy and High-Performance Computing (HPC). We