Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 2270

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 2270
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 have a relationship that would interfere with the exercise of independent judgment in carrying
out the responsibilities of a director.

Under
such rules, the Board has determined that Messrs. Bottomley, Hazelip, Hirshfield, Marusak, and Phelan are “independent directors,”
as defined by the rules and listing standards of Nasdaq. Messrs. Michaels, Belizaire, Lipman and Toporek are not independent directors
under the Nasdaq rules. In making such independence determinations, our board of directors considered the relationships that each non-employee
director has with us and all other facts and circumstances that our board of directors deemed relevant in determining their independence,
including the beneficial ownership of our capital stock by each non-employee director. In considering the independence of the directors
listed above, our board of directors considered the association of our directors with the holders of more than 5% of our common stock.
There are no family relationships among any of our directors and executive officers.

Item
14. Principal Accountant Fees and Services

Principal
Accountant Fees and Services

The
following table summarizes the fees paid for professional services rendered by UHY LLP, our independent registered public accounting
firm, for each of the last fiscal years:

    For the Years End December 31, 

    2024  
    2023 
  
    Audit fees 
    $675,000  
    $510,000 
  
    Audit-related fees 
     -  
     - 
  
    Tax fees 
     -  
     - 
  
    All other fees 
     118,000  
     - 
  
    Total 
    $793,000  
    $510,000 

Audit
Fees

Audit
fees for the fiscal years ended December 31, 2024 and 2023, were for professional services rendered for the annual financial statements
audit and related audit procedures, the audit of internal control over financial reporting, work performed in connection with any registration
statements, including comfort letters, and any applicable Current Reports on Form 8-K and the review of any of our Quarterly Reports
on Form 10-Q.

All
Other Fees

All
other fees for the fiscal year December 31, 2024 were for professional services rendered for standalone financial statements audits and
related audit procedures of two subsidiaries of Soluna Digital, Inc.

Audit
Committee Pre-Approval Policies and Procedures

The
Audit Committee has