Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 54

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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                                            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: Cumulative Preferred
    Dividends in arrears 
     (2,950) 
     (2,786) 
     (8,858) 
     (7,117)
  
    Balance 
    $(30,746) 
    $(9,976) 
    $(51,592) 
    $(30,886)
  
    Denominator: 

    Basic and Diluted EPS: 

    Common shares outstanding, beginning of period,
    including penny warrants and excluding restricted stock awards not vested 
     8,106,814  
     2,592,454  
     8,106,814  
     2,592,454 
  
    Weighted average common
    shares issued during the period including penny warrants issued and outstanding and excluding restricted stock awards not vested
    as of quarter-end 
     18,876,209  
     3,795,880  
     7,576,258  
     1,728,091 
  
    Denominator for basic
    and diluted earnings per common shares — weighted average common shares 
     26,983,023  
     6,388,335  
     15,683,072  
     4,320,546 
  
    Basic and diluted loss
    per share 
    $(1.14) 
    $(1.56) 
    $(3.29) 
    $(7.15)

The