Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 293

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 293
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,
the results of which form the basis for making judgments about the carrying values of assets, liabilities, equity, revenue, and expenses
that are not readily apparent from other sources. Our results of operations may be adversely affected if our assumptions change or if
actual circumstances differ from those in our assumptions, which could cause our results of operations to fall below the expectations
of investors, resulting in a decline in the market price of our common stock. 

Public health crises,
such as pandemics, epidemics, or widespread outbreaks of infectious disease, have had, and could in the future have, an adverse effect
on our business, financial condition, and results of operations.

The occurrence of pandemics,
epidemics, or widespread outbreaks of infectious diseases, as well as the imposition of related public health measures and travel and
business restrictions or other actions that may be taken by governmental authorities in an effort to contain such pandemics, epidemics,
or outbreaks, have had, and could in the future have, a material adverse effect on our business. Future pandemics and similar events could
materially increase our costs, severely negatively impact business development, net income, and other results of operations, and impact
our liquidity position. The duration of any such impacts cannot be predicted, and such impacts may also have the effect of heightening
many of the other material risks we face.

38

Changes in accounting
rules and regulations, or interpretations thereof, could result in unfavorable accounting charges or require us to change our compensation
policies.

Accounting methods and policies
for companies such as ours, including policies governing revenue recognition, leases, research and development and related expenses, and
accounting for stock-based compensation, are subject to review, interpretation and guidance from our auditors and relevant accounting
authorities, including the SEC. Changes to accounting methods or policies, or interpretations thereof, may require us to reclassify, restate
or otherwise change or revise our historical financial statements, including those contained in this Annual Report.

Risks Related to Our Securities

The market price of our securities are likely
to be volatile, which may cause investment losses for our shareholders.

The market price of our securities has been and is
likely to continue to be volatile, and investors in our securities may experience a decrease, which could be substantial, in the value
of their securities or the loss of their entire investment in the Company for a number of reasons, including reasons unrelated to our
operating performance or prospects. The market price of our securities could