Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 799

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 799
---
 31, 2024 and December 31, 2023 
     5  
     3 
  
    Series B Preferred Stock, par value $0.0001 per share, authorized 187,500; 62,500 shares issued and outstanding as of December 31, 2024 and December 31, 2023 
     —  
     — 
  
    Preferred stock, par value 
     —  
     — 

    Common stock, par value $0.001 per share, authorized 75,000,000; 10,647,761 shares issued and 10,607,020 shares outstanding as of December 31, 2024 and 2,546,361 shares issued and 2,505,620 shares outstanding as of December 31, 2023 
     11  
     3 
  
    Additional paid-in capital 
     315,607  
     291,276 
  
    Accumulated deficit 
     (314,304) 
     (250,970)
  
    Common stock in treasury, at cost, 40,741 shares at December 31, 2024 and December 31, 2023 
     (13,798) 
     (13,798)
  
    Total Soluna Holdings, Inc. Stockholders’ (Deficit)
    Equity 
     (12,479) 
     26,514 
  
    Non-Controlling Interest 
     39,841  
     26,845 
  
    Total Stockholders’ Equity 
     27,362  
     53,359 
  
    Total Liabilities and Stockholders’ Equity 
    $88,040  
    $91,276 

The
accompanying notes are an integral part of these consolidated financial statements.

 F-3 

Soluna
Holdings, Inc. and Subsidiaries

Consolidated
Statements of Operations

For
the Years Ended December 31, 2024 and 2023

(Dollars
in thousands, except per share)

    Year Ended 

    December 31, 
  
    (Dollars in thousands, except per share) 
    2024  
    2023 

    Cryptocurrency mining revenue 
    $17,027  
    $10,602 
  
    Data hosting revenue 
     18,838