Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 2780

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9B
Chunk 2780
---
(2,987)
  
    Investing Activities 

    Purchases of property, plant, and equipment 
     (9,160) 
     (12,705)
  
    Purchases of intangible assets 
     (101) 
     (58)
  
    Proceeds from disposal on property, plant, and equipment 
     215  
     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