Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 405

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 405
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 2,286 
  
    Deposits of equipment, net 
     (4,117) 
     147 
  
    Net cash used in investing activities 
     (13,163) 
     (10,330)
  
    Financing Activities 

    Proceeds from common stock warrant exercises 
     2,332  
     - 
  
    Proceeds from common stock securities purchase agreement offering 
     -  
     817 
  
    Proceeds from notes and debt issuance 
     14,470  
     3,100 
  
    Payments on debt principal 
     (2,675) 
     (1,057)
  
    Payments on debt issuance costs 
     (899) 
     - 

    Payments on other financing costs 
     (1,375) 
     - 

    Costs of common stock securities purchase agreement offering 
     -  
     (10)
  
    Payments on NYDIG loans and line of credit 
     -  
     (350)
  
    Contributions from non-controlling interest 
     14,735  
     20,365 
  
    Distributions to non-controlling interest 
     (8,270) 
     (1,002)
  
    Net cash provided by financing activities 
     18,318  
     21,863 

    Increase in cash & restricted cash 
     86  
     8,546 
  
    Cash & restricted cash – beginning of period 
     10,367  
     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