Company: SLNH
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023503
Chunk: 240

Company: Soluna Holdings, Inc
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 240
---
,271  
     986  
     23%
  
    Demand response service revenue 
     389  
     443  
     (54) 
     (12)%
  
    Operating costs and expenses: 

    Cost of cryptocurrency mining revenue, exclusive
    of depreciation 
     1,708  
     1,963  
     (255) 
     (13)%
  
    Cost of data hosting revenue, exclusive of
    depreciation 
     2,660  
     2,555  
     105  
     4%
  
    Cost of high-performance computing services 
     -  
     2,859  
     (2,859) 
     (100)%
  
    Cost of cryptocurrency mining revenue- depreciation 
     1,053  
     1,068  
     (15) 
     (1)%
  
    Cost of data hosting revenue- depreciation 
     665  
     444  
     221  
     50%
  
    General and administrative expenses, exclusive
    of depreciation and amortization 
     7,708  
     5,248  
     2,460  
     47%
  
    Depreciation and amortization associated with
    general and administrative expenses 
     2,401  
     2,404  
     (3) 
     -%
  
    Operating loss 
     (7,780) 
     (9,016) 
     1,236  
     (14)%
  
    Other income (expense), net 
     5  
     (6) 
     11  
     (183)%
  
    Interest expense 
     (1,212) 
     (821) 
     (391) 
     48%
  
    Other financing expense 
     (4,746) 
     -  
     (4,746) 
     (100)%
  
    Loss on fixed assets and credit on equipment
    deposit 
     (780) 
     -  
     (780) 
     (100)%
  
    Fair value adjustment (loss) gain 
     (22,047) 
     328  
     (22,375) 
     (6,822)%