Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 187

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 187
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 Accordingly,  2.0 million warrants were not included in the reservation of common shares balance.

Loss
per Share

The
Company computes basic loss per common share by dividing net loss by the weighted average number of common shares outstanding during
the reporting period. Diluted loss per share reflects the potential dilution, if any, computed by dividing loss by the combination of
dilutive common share equivalents, comprised of shares issuable under outstanding investment rights, warrants and the Company’s
share-based compensation plans, and the weighted average number of common shares outstanding during the reporting period. Dilutive common
share equivalents include the dilutive effect of in-the-money stock options, which are calculated based on the average share price for
each period using the treasury stock method. Under the treasury stock method, the exercise price of a stock option and the amount of
compensation cost, if any, for future service that the Company has not yet recognized are assumed to be used to repurchase shares in
the current period.

The
following table sets forth the reconciliation of the numerators and denominators of the basic and diluted per share computations for
operations for the three and nine months ended September 30:

Schedule of Basic and Diluted Per Share Computations for Continuing Operations

    2025  
    2024  
    2025  
    2024 

    (Dollars in thousands, except
    shares) 
    Three
                                            Months Ended September
                                            30,  
    Nine
                                            Months Ended September
                                            30, 

    2025  
    2024  
    2025  
    2024 

    Numerator: 

    Net loss 
    $(25,787) 
    $(8,093) 
    $(40,921) 
    $(19,782)
  
    (Less) Net income (loss)
    attributable to non-controlling interest 
     (1,831) 
     (903) 
     (2,027) 
     3,535 
  
    Net loss attributable to Soluna Holdings, Inc. 
     (23,956) 
     (7,190) 
     (38,894) 
     (23,317)
  
    Less: Preferred dividends or deemed dividends 
     (3,840) 
     -  
     (3,840) 
     (452)
  
    Less