HSDT · XBRL financial data

Solana Company financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (HSDT's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25†Jul 1, 2025	Q3 FY25†Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	143	134*	135	182	51	152*	49	—	697	year only	3,621	2,526
Revenue from contracts with customers	132	123*	124	171	40	141*	38	—	—	year only	—	—
Cost of revenue	—	—	—	—	—	year only	121	—	—	year only	180	77
Cost of goods and services sold	187	90*	123	118	187	154*	121	—	103	—	—	—
Gross profit	(44)	44*	12	64	(136)	(2)*	(72)	—	594	—	3,441	2,449
Research and development	722	650*	788	870	1,077	924*	945	—	858	886*	—	—
Selling, general and administrative	2,196	1,632*	2,633	2,457	2,850	2,178*	2,994	—	4,646	13,038*	—	—
General and administrative	—	—	—	—	—	—	3,939	—	—	—	5,189	11,116
Total operating expenses	3,109	2,290*	3,428	3,334	3,934	3,145*	3,939	—	36,044	206,103*	103,059	35,122
Operating income (loss)	(3,153)	(2,246)*	(3,416)	(3,270)	(4,070)	(3,147)*	(4,011)	—	(35,450)	(201,055)*	(99,618)	(32,673)
Other income (expense)	—	—	—	71	233	—	64	—	(154)	—	(181)	(259)
Income tax expense (benefit)	—	year only	0	0	0	0*	0	—	0	0*	0	0
Net income (loss)	(3,663)	(1,045)*	(2,516)	(1,612)	(3,686)	(3,928)*	(3,838)	—	(352,768)	325,551*	(99,799)	(30,256)
Earnings per share, basic‡ USD per share	(4,097.01)	(1,231.34)*	(2,298.51)	(477.61)	(738.81)	—	(380.60)	—	(32.89)	—	(1.30)	(0.38)
Earnings per share, diluted‡ USD per share	(4,097.01)	(1,231.34)*	(2,298.51)	(477.61)	(738.81)	—	(380.60)	—	(32.89)	—	(1.30)	(0.38)
Weighted average shares, basic‡ thousands of shares	1	1*	1	3	5	—	10	—	10,724	—	76,736	79,757
Weighted average shares, diluted‡ thousands of shares	1	1*	1	3	5	—	10	—	10,724	—	76,736	79,757

‡ Per-share figures and share counts are adjusted for the 1-for-14.925373134328357 stock split (May 2025); filings made before it reported them unadjusted.
‡ Per-share figures and share counts are adjusted for the 1-for-50 stock split (July 2025); filings made before it reported them unadjusted.
† Share count changed about 101x in the period ending 2025-07-01, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 38x in the period ending 2025-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Balance sheet

CSV

Fiscal quarters (HSDT's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25†Jul 1, 2025	Q3 FY25†Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	6,596	5,182	3,638	6,387	3,468	1,088	1,109	—	124,051	7,282	4,395	3,647
Accounts receivable	94	117	49	121	25	70	—	—	—	—	—	—
Inventory	521	457	384	821	774	1,036	1,113	—	1,128	1,121	—	—
Prepaid and other current assets	—	—	—	—	—	1,300	—	—	—	1,752	2,443	1,787
Total current assets	8,576	7,438	5,524	8,641	5,406	3,424	3,385	—	125,663	31,155	27,838	28,746
Property and equipment, net	182	178	174	165	156	107	99	—	—	—	—	—
Right-of-use asset	65	52	42	31	21	11	—	—	—	—	—	—
Total assets	8,854	7,692	5,757	8,846	5,585	3,542	3,484	—	475,920	303,929	200,708	176,054
Accounts payable	497	531	814	1,287	743	873	1,231	—	2,485	1,890	2,003	1,291
Total current liabilities	1,435	1,879	1,576	2,057	1,496	2,163	2,003	—	3,139	3,016	2,811	2,159
Lease liability, non-current	23	12	—	—	—	—	—	—	—	—	—	—
Total liabilities	5,833	5,342	3,771	2,507	1,786	2,483	2,204	—	628,312	3,016	—	6,366
Accumulated deficit	(158,912)	(159,957)	(162,473)	(164,085)	(167,771)	(171,699)	(175,537)	—	(538,140)	(212,589)	(312,388)	(342,644)
Total stockholders' equity	3,021	2,350	1,986	6,339	3,799	1,059	1,280	—	(152,392)	300,913	197,897	165,645
Total liabilities and equity	8,854	7,692	5,757	8,846	5,585	3,542	3,484	—	475,920	303,929	200,708	176,054
Common shares outstanding (cover page)‡ thousands of shares	1	1	3	5	5	8	11	1,077	41,301	55,034	58,387	60,459

‡ Per-share figures and share counts are adjusted for the 1-for-14.925373134328357 stock split (May 2025); filings made before it reported them unadjusted.
‡ Per-share figures and share counts are adjusted for the 1-for-50 stock split (July 2025); filings made before it reported them unadjusted.
† Share count changed about 101x in the period ending 2025-07-01, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 38x in the period ending 2025-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Cash flows

CSV

Fiscal quarters (HSDT's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25†Jul 1, 2025	Q3 FY25†Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(3,663)	(1,045)*	(2,516)	(1,612)	(3,686)	(3,928)*	(3,838)	—	(352,768)	325,551*	(99,799)	(30,256)
Stock-based compensation	403*	401*	401	366*	1,327*	428*	622	—	473*	7,746*	90	63*
Net cash from operating activities	(2,452)*	(2,034)*	(3,001)	(2,891)*	(2,771)*	(2,378)*	(3,536)	—	(4,044)*	(6,177)*	(4,831)	(11,892)*
Purchases of property and equipment	6*	3*	5	0*	0*	0*	—	—	—	—	—	—
Net cash from investing activities	(6)*	(3)*	(5)	0*	0*	0*	—	—	(267,383)*	(159,149)*	5,468	5,474*
Proceeds from issuing common stock	—	216*	1,374	1,587*	0*	0*	77	—	—	year only	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	3,524	2,331*
Net cash from financing activities	—	622*	1,463	5,640*	(149)*	0*	3,557	—	389,399*	48,557*	(3,524)	5,670*
Net change in cash	(2,003)*	(1,414)*	(1,544)	2,749*	(2,919)*	(2,380)*	21	—	117,973*	(116,769)*	(2,887)	(748)*

† Share count changed about 101x in the period ending 2025-07-01, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 38x in the period ending 2025-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Compare with peers

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Solana	3,647	2,526	(11,892)*	60.5M	0.3 quarters	Q2 FY26 10-QJun 30, 2026
T-REX Acquisition	0.4	0.7	(57)*	30.1M	0.0 quarters	Q3 FY26 10-QMar 31, 2026
Canton Strategic Holdings	37,242	1,496	(2,238)*	79.7M	16.6 quarters	Q2 FY26 10-QJun 30, 2026
Big Digital Energy	16,290	6,153	(3,323)*	5.7M	4.9 quarters	Q2 FY26 10-QJun 30, 2026
Crisp Momentum	101	0.2	(498)*	2.0B	0.2 quarters	Q3 FY26 10-QApr 30, 2026
TON Strategy	28,805	15,019	not reported	55.1M	—	Q2 FY26 10-QJun 30, 2026
FF EAI Robotics Ecosystem	577	not reported	(3,445)*	20.2M	0.2 quarters	Q2 FY26 10-QJun 30, 2026
SkyAI	12,071	0*	(2,995)*	43.0M	4.0 quarters	Q2 FY26 10-QJun 30, 2026
Pineapple Financial	5,090	623	(859)*	25.3M	5.9 quarters	Q3 FY26 10-QMay 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.