Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 1992

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 1992
---
 
    $
    2.30
    - 3.78

    $
    3.78
    – 7.99

    Volatility

    80.0
    – 115
    %

    87.50
    – 150
    %
  
    Risk-free
    interest rate

    4.73-
    5.46
    %

    4.64-
    5.50
    %

Changes
in Level 3 Financial Liabilities Carried at Fair Value

 Schedule
of Changes in Level 3 Financial Liabilities Carried at Fair Value

    (Dollars in thousands) 

    Balance, December 31, 2022 
    $12,254 
  
    Conversions of debt (January 2023- May 11 2023) 
     (1,344)
  
    Total revaluation losses 
     30 
  
    Extension fee 

    Balance, May 11, 2023 (date of Second Amendment) 
     10,940 
  
    Conversions of Debt (May 11, 2023-November 19, 2023) 
     (1,550)
  
    Total revaluation losses 
     1,569 
  
    Balance November 20, 2023 (date of Third Amendment) 
     10,959 
  
    Conversions of debt (November 20, 2023- December 31, 2023) 
     (3,069)
  
    Total revaluation losses 
     584 
  
    Balance December 31, 2023 
    $8,474 

    (Dollars in thousands) 

    Balance December 31, 2023 
    $8,474 
  
    Conversions of debt (January 1, 2024- February 28, 2024) 
     (550)
  
    Total revaluation gains 
     (409)
  
    Balance, February 28, 2024 (date of Fourth Amendment) 
     7,515 
  
    Financial liabilities , Beginning balance 
     7,515 

    Conversions of debt (March 1, 2024- December 31, 2024) 
     (8,451)
  
    Conversions of debt 
     (8,451)

    Total revaluation losses, net (March