Company: SLNH
Filing Date: 2025-02-05
Form Type: 424B3
Source: 0001493152-25-005030
Chunk: 193

Company: Soluna Holdings, Inc
Filing Date: 2025-02-05
Form: 424B3
Chunk 193
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 the rate reconciliation and expanded disclosures of income taxes paid, among other disclosure requirements. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is currently evaluating the impact that ASU 2023-09 will have on its consolidated financial statements and disclosures.

3. Accounts Receivable

Accounts Receivable, net

Accounts receivables consist of the following at:

Schedule of Accounts Receivable

|                                        | (Dollars in thousands) |   | December 
      31, 
     2023 |     |   | December 
      31, 
     2022 |
|:---------------------------------------|:-----------------------|:--|---------:|:----|:--|---------:|
| Data hosting                           |                        | $ |    2,456 |     |   |       53 |
| Related party receivable               |                        |   |        8 |     |   |      247 |
| Demand response service receivable     |                        |   |      268 |     |   |        - |
| Proprietary mining Coinbase receivable |                        |   |      216 |     |   |       20 |
| Total                                  |                        | $ |    2,948 |     | $ |      320 |

4. Property, Plant and Equipment

Property, plant and equipment consist of the following at:

Schedule of Plant And Equipment

|                                      | (Dollars in thousands) |   | December 
      31, 
     2023 |   |     |   | December 
      31, 
     2022 |   |
|:-------------------------------------|:-----------------------|:--|---------:|:--|:----|:--|---------:|:--|
| Land and land improvements           |                        | $ |    1,538 |   |     | $ |      540 |   |
| Buildings and leasehold improvements |                        |   |   25,369 |   |     |   |    6,410 |   |
| Computers and related software       |                        |   |   11,764 |   |     |   |    7,248 |   |
| Machinery and equipment              |                        |   |    9,054 |   |     |   |    3,310 |   |
| Office furniture and fixtures        |                        |   |       28