Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 301

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 301
---
-  
     5,257 
  
    Demand response services 
     -  
     -  
     -  
     -  
     389  
     389 
  
    Total revenue 
     2,769  
     1,650  
     2,203  
     1,404  
     389  
     8,415 

    Cost of cryptocurrency mining, exclusive of
    depreciation 
     1,708  
     -  
     -  
     -  
     -  
     1,708 
  
    Cost of data hosting revenue, exclusive of
    depreciation 
     -  
     669  
     1,558  
     345  
     88  
     2,660 
  
    Cost of cryptocurrency mining revenue- depreciation 
     1,053  
     -  
     -  
     -  
     -  
     1,053 
  
    Cost of data hosting revenue-
    depreciation 
     -  
     261  
     306  
     98  
     -  
     665 
  
    Total
    cost of revenue 
     2,761  
     930  
     1,864  
     443  
     88  
     6,086 
  
    Gross
    profit  
    $8  
    $720  
    $339  
    $961  
    $301  
    $2,329 

The
following table summarizes the balances for the project sites for cryptocurrency mining revenue, data hosting revenue, high-performance
computing service revenue, demand response revenue, cost of cryptocurrency mining revenue, exclusive of depreciation, cost of data hosting
revenue, exclusive of depreciation, cost of high-performance computing services, and cost of depreciation during the three months ended
September 30, 2024:

    Soluna
    Digital  
    Soluna
    Cloud  

    (Dollars in thousands) 
    Project
    Dorothy 1B  
    Project
    Dorothy 1A  
    Project
    Sophie  
    Other  
    Soluna
                                                                                Digital Subtotal  
    Project
                                             Ada  
    Total 

    Cryptocurrency mining revenue 
    $