Soluna Holdings, Inc financial data

Symbol
SLNH, SLNHP on Nasdaq
Industry
Finance Services
Location
325 Washington Avenue Extension, Albany, NY
State of incorporation
NV
Fiscal year end
December 31
Former names
MECHANICAL TECHNOLOGY INC (to 10/29/2021)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 53 % -12.8%
Debt-to-equity 363 % +206%
Return On Equity -143 % -165%
Return On Assets -67.6 % -112%
Operating Margin -42 % +89%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.5M shares +339%
Common Stock, Shares, Outstanding 10.6M shares +323%
Entity Public Float 24.4M USD +386%
Common Stock, Value, Issued 11K USD +267%
Weighted Average Number of Shares Outstanding, Basic 7.74M shares +448%
Weighted Average Number of Shares Outstanding, Diluted 6.28M shares +378%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30.5M USD +36.8%
Cost of Revenue 28.6M USD +80.9%
General and Administrative Expense 18.6M USD +20.7%
Operating Income (Loss) -47.5M USD -135%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -60.8M USD -111%
Income Tax Expense (Benefit) -2.49M USD -133%
Net Income (Loss) Attributable to Parent -63.3M USD -117%
Earnings Per Share, Basic -12.2 USD/shares +56.3%
Earnings Per Share, Diluted -12.2 USD/shares +56.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.6M USD
Accounts Receivable, after Allowance for Credit Loss, Current 2.69M USD -8.65%
Assets, Current 13.5M USD -5.52%
Property, Plant and Equipment, Net 47.3M USD +6.08%
Operating Lease, Right-of-Use Asset 313K USD -27.4%
Intangible Assets, Net (Excluding Goodwill) 17.6M USD -34.8%
Assets 88M USD -3.55%
Accounts Payable, Current 2.84M USD +35.3%
Employee-related Liabilities, Current 552K USD +30.5%
Accrued Liabilities, Current 29.1M USD +493%
Contract with Customer, Liability, Current 1.42M USD -10.8%
Liabilities, Current 47.9M USD +69.9%
Contract with Customer, Liability, Noncurrent 1.37M USD
Deferred Income Tax Liabilities, Net 5.26M USD -32.4%
Operating Lease, Liability, Noncurrent 252K USD +16.7%
Liabilities 60.7M USD +60%
Retained Earnings (Accumulated Deficit) -314M USD -25.2%
Stockholders' Equity Attributable to Parent -12.5M USD -147%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 27.4M USD -48.7%
Liabilities and Equity 88M USD -3.55%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.85M USD
Net Cash Provided by (Used in) Financing Activities -2M USD -130%
Net Cash Provided by (Used in) Investing Activities -827K USD -90.1%
Common Stock, Shares Authorized 75M shares 0%
Common Stock, Shares, Issued 10.6M shares +318%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.03M USD -68.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 115K USD +1817%
Deferred Tax Assets, Valuation Allowance 38.5M USD +4.53%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 38.5M USD +4.53%
Operating Lease, Liability 313K USD -28.2%
Depreciation 6.15M USD +58%
Payments to Acquire Property, Plant, and Equipment 524K USD -39.1%
Lessee, Operating Lease, Liability, to be Paid 392K USD -25.9%
Property, Plant and Equipment, Gross 57.1M USD +17%
Operating Lease, Liability, Current 61K USD -72.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 82K USD +3.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 82K USD -66.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -2.52M USD -128%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 79K USD -15.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 82K USD +183%
Deferred Tax Assets, Operating Loss Carryforwards 37.2M USD +28.3%
Current Income Tax Expense (Benefit) 0 USD
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 29K USD 0%
Additional Paid in Capital 316M USD +8.35%
Amortization of Intangible Assets 9.5M USD 0%
Interest Expense 2.53M USD -8.04%