Company: SLNH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024045
Chunk: 126

Company: Soluna Holdings, Inc
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 126
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 associated with general and administrative expenses 
     2,403  
     2,403  
     -  
     -%
  
    Impairment on fixed assets 
     12  
     -  
     12  
     100%
  
    Operating loss 
     (6,624) 
     (3,675) 
     (2,949) 
     80%
  
    Other expense, net 
     (546) 
     (49) 
     (497) 
     1,014%
  
    Interest expense 
     (1,196) 
     (449) 
     (747) 
     166%
  
    Loss on sale of fixed assets 
     (22) 
     (21) 
     (1) 
     5%
  
    Loss on debt extinguishment and revaluation, net 
     -  
     (5,600) 
     5,600  
     (100)%
  
    Loss before income taxes 
     (8,388) 
     (9,794) 
     1,406  
     (14)%
  
    Income tax benefit, net 
     608  
     649  
     (41) 
     (6)%
  
    Net loss 
     (7,780) 
     (9,145) 
     1,365  
     (15)%
  
    Net (loss) income attributable to non-controlling interest, net 
     (398) 
     1,728  
     (2,126) 
     (123)%
  
    Net loss attributable to Soluna Holdings, Inc. 
    $(7,382) 
    $(10,873) 
    $3,491  
     (32)%

46

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
June 30, 2025:

    Soluna Digital 
  
    (Dollars in thousands) 
    Project
 Dorothy
 1B  
    Project