SLNH · XBRL financial data

Soluna Holdings financial statements, every quarter

The same tables from 14 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 (SLNH's year ends in late December)

In thousands of dollars	Q1 FY23Mar 31, 2023	Q2 FY23Jun 30, 2023	Q3 FY23†Oct 11, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q3 FY25Sep 30, 2025	Q1 FY25†Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	3,082	2,068	—	10,118*	12,549	9,675	7,525	8,272*	8,415	—	—	—
Revenue from contracts with customers	—	—	—	—	—	—	—	year only	—	year only	9,394	15,060
Cost of revenue	3,148	2,458	—	5,833*	5,615	5,565	8,889	8,559*	6,086	7,441*	7,479	14,294
Cost of goods and services sold	—	—	—	year only	—	—	—	—	—	—	—	—
Gross profit	—	—	—	year only	5,703	3,345	(2,940)	—	802	—	491	(1,264)
Selling, general and administrative	6,747	6,515	—	6,550*	6,397	7,785	7,652	6,360*	10,109	13,867*	18,541	17,639
General and administrative	4,370	4,136	—	4,171*	3,994	5,382	5,248	3,956*	7,708	11,466*	16,140	15,239
Operating income (loss)	(7,012)	(7,074)	—	(2,422)*	407	(3,675)	(9,016)	(35,240)*	(7,780)	(12,101)*	(16,626)	(16,943)
Interest expense	1,374	439	—	393*	424	449	821	833*	1,212	1,589*	1,481	3,167
Other income (expense)	12	(238)	—	(1,178)*	23	(49)	(6)	(3,325)*	5	(420)*	113	1,480
Income tax expense (benefit)	(547)	(547)	—	(543)*	(548)	(649)	(547)	(744)*	(666)	(619)*	(624)	(547)
Net income (loss)	(7,062)	(8,775)	—	(6,702)*	(5,254)	(10,873)	(7,190)	(40,017)*	(23,956)	(14,517)*	(17,466)	(20,709)
Earnings per share, basic USD per share	(0.35)	(0.34)	—	—	(2.62)	(2.97)	(1.29)	—	(1.14)	—	(0.24)	(0.18)
Earnings per share, diluted USD per share	(10.30)	(0.34)	—	—	(2.62)	(2.97)	(1.29)	—	(1.14)	—	(0.24)	(0.18)
Weighted average shares, basic thousands of shares	21,621	28,151	—	—	2,808	3,747	7,739	—	26,983	—	84,101	130,976
Weighted average shares, diluted thousands of shares	865	28,151	—	—	2,808	4,564	7,739	—	26,983	—	84,101	130,976

† Share count changed about 1/22 in the period ending 2023-10-11, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/5 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Balance sheet

CSV

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

In thousands of dollars	Q1 FY23Mar 31, 2023	Q2 FY23Jun 30, 2023	Q3 FY23†Oct 11, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q3 FY25Sep 30, 2025	Q1 FY25†Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	4,553	4,600	—	6,368	8,438	9,558	8,766	7,843	51,371	76,423	68,572	113,364
Accounts receivable	452	1,537	—	2,948	4,428	3,434	2,045	2,693	4,408	5,522	5,456	6,737
Prepaid and other current assets	1,346	1,417	—	1,416	1,692	12,461	5,662	1,768	3,522	2,664	4,178	4,513
Total current assets	7,819	22,668	—	14,284	16,996	27,480	18,515	13,495	66,405	92,127	90,717	134,619
Property and equipment, net	38,808	37,760	—	44,572	43,264	41,472	43,471	47,283	63,999	74,783	79,516	137,801
Right-of-use asset	577	526	—	431	380	325	180	313	3,675	252	244	4,152
Total assets	84,241	96,647	—	91,276	90,637	98,675	97,349	88,040	152,035	187,944	190,420	293,514
Accounts payable	3,822	3,150	—	2,099	2,528	2,452	3,388	2,840	4,860	4,859	4,218	3,785
Accrued liabilities	2,847	4,099	—	4,906	5,957	6,286	7,666	29,075	12,426	13,182	15,568	7,549
Current portion of long-term debt	—	—	—	—	—	—	—	14,444	—	8,858	10,041	30,103
Total current liabilities	25,037	16,528	—	28,175	32,498	32,526	31,335	47,873	56,190	49,189	51,911	65,442
Total deposits	—	—	—	975	975	975	—	975	—	—	—	—
Long-term debt	—	—	—	—	—	—	—	7,061	—	17,899	15,910	3,016
Lease liability, non-current	379	325	—	216	189	169	155	252	3,583	187	182	4,276
Total liabilities	34,062	38,026	—	37,917	41,786	48,742	45,754	60,678	78,570	75,698	76,064	81,816
Accumulated deficit	(228,831)	(237,606)	—	(250,970)	(256,224)	(267,097)	(274,287)	(314,304)	(353,198)	(367,715)	(385,181)	(405,890)
Total stockholders' equity	37,385	32,766	—	26,514	21,529	24,365	20,875	(12,479)	14,472	53,550	47,246	155,931
Total liabilities and equity	84,241	96,647	—	91,276	90,637	98,675	97,349	88,040	152,035	187,944	190,420	293,514
Common shares outstanding (cover page) thousands of shares	27,019	35,694	1,610	2,841	3,922	5,755	8,373	12,487	68,423	13,754	157,747	244,591

† Share count changed about 1/22 in the period ending 2023-10-11, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/5 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Cash flows

CSV

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

In thousands of dollars	Q1 FY23Mar 31, 2023	Q2 FY23Jun 30, 2023	Q3 FY23†Oct 11, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q3 FY25Sep 30, 2025	Q1 FY25†Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(7,062)	(8,775)	—	(6,702)*	(5,254)	(10,873)	(7,190)	(40,017)*	(23,956)	(14,517)*	(17,466)	(20,709)
Stock-based compensation	847	2,213*	—	516*	661	1,368*	1,257*	2,025*	1,882*	4,895*	10,222	9,480*
Net cash from operating activities	(3,053)	(783)*	—	1,417*	3,850	(7,323)*	61*	(1,657)*	(2,206)*	(5,670)*	(6,372)	(5,183)*
Purchases of property and equipment	860	2,035*	—	171*	524	(246)*	3,542*	5,340*	9,218*	11,057*	2,565	6,918*
Net cash from investing activities	(435)	(9,134)*	—	(213)*	(827)	(1,396)*	(5,468)*	(5,472)*	(9,779)*	(13,725)*	(6,224)	(58,840)*
Proceeds from issuing common stock	41	2*	—	0*	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	year only	162*	(87)*	56	75*
Net cash from financing activities	6,713	15,115*	—	(890)*	(1,996)	9,834*	5,105*	5,375*	57,293*	47,777*	9,738	109,327*
Net change in cash	3,225	5,198*	—	314*	1,027	1,115*	(302)*	(1,754)*	45,308*	28,382*	(2,858)	45,304*

† Share count changed about 1/22 in the period ending 2023-10-11, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/5 in the period ending 2025-12-31, 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-K, the year less the first three quarters; 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
Soluna Holdings	113,364	15,060	(5,183)*	244.6M	21.9 quarters	Q2 FY26 10-QJun 30, 2026
Axe Compute	21,906	not reported	not reported	11.6M	—	Q2 FY26 10-QJun 30, 2026
OpenWorld	5,092	1,908	(291)*	13.2M	17.5 quarters	Q2 FY26 10-QJun 30, 2026
Beneficient	5,582	12,165	(4,105)	not reported	1.4 quarters	Q1 FY27 10-QJun 30, 2026
Marygold Companies	2,880	6,925*	129*	42.7M	—	Q4 FY26 10-KJun 30, 2026
Sono Group	166	not reported	not reported	1.4M	—	Q2 FY26 10-QJun 30, 2026
House of Doge	662	38	(1,581)	84.9M	0.4 quarters	Q1 FY26 10-QJun 30, 2026
TON Strategy	28,805	15,019	not reported	55.1M	—	Q2 FY26 10-QJun 30, 2026
HeartSciences	30	2.1	(1,319)	4.8M	0.0 quarters	Q1 FY27 10-QJul 31, 2026

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