SLNH - NASDAQ

Soluna Holdings, Inc.

SLNH·NASDAQ

$1.54

-6.7%

TechnologyHardware, Equipment & Parts

Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$242.93M

EPS-2.3800

P/E Ratio-0.65

Earnings Date08/13/2026

187.94M

Assets

113%

3Y+121.0%

5Y+2074.0%

10Y+3528.0%

75.70M

Total Liabilities

25%

3Y+96.0%

5Y+2672.0%

10Y+7249.0%

112.25M

Total Equity

310%

3Y+143.0%

5Y+1797.0%

10Y+2605.0%

Soluna Holdings, Inc. Funding & Solvency Profile

SLNH · NASDAQ

Current Assets

Cash & Cash Equivalents76.42M

Net Receivables5.52M

Inventory0.00

Other Current Assets10.18M

Total Current Assets92 M

Non-Current Assets

Property, Plant & Equipment77.28M

Goodwill & Intangible Assets8.26M

Long-Term Investments7.92M

Other Non-Current Assets2.35M

Total Non-Current Assets88 M

Total Assets

187.94M

Financial Health Analysis

Current Ratio

1.87x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

0.67x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

43 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

49% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Soluna Holdings, Inc. Balance Sheet

SLNH • NASDAQ

Soluna Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	76.4M	7.8M	6.4M	1.1M	10.3M	2.6M	2.5M	5.8M	3.8M	3.4M	462K	1.9M	1.2M	289K	1.7M	1.1M	785K	1.7M	7.7M	14.5M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.5M	10.1M
Cash & Short-Term Investments	76.4M	7.8M	6.4M	1.1M	10.3M	2.6M	2.5M	5.8M	3.8M	3.4M	462K	1.9M	1.2M	289K	1.7M	1.1M	785K	1.7M	12.1M	24.6M
Net Receivables	5.5M	2.7M	3.4M	539K	531K	59K	745K	871K	1.4M	881K	931K	1.2M	824K	1.7M	1.9M	1.1M	1.1M	540K	1.4M	1.6M
Accounts Receivables	5.5M	2.7M	2.9M	320K	450K	59K	710K	871K	1.4M	881K	931K	1.2M	824K	1.7M	1.9M	1.1M	1.1M	540K	1.4M	1.6M
Other Receivables	0.0	13K	446K	219K	81K	0.0	35K	0.0	0.0	0.0	0.0	20K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	924K	863K	694K	676K	1M	773K	742K	1.1M	957K	844K	789K	1.5M	1.4M	1.2M
Prepaids	0.0	0.0	0.0	1.2M	10.2M	0.0	56K	57K	90K	82K	72K	92K	111K	100K	102K	128K	166K	272K	329K	442K
Other Current Assets	10.2M	2.9M	4.5M	912K	4M	2.1M	0.0	0.0	90K	82K	72K	20K	136K	116K	122K	128K	166K	272K	329K	0.0
Total Current Assets	92.1M	13.5M	14.3M	3.8M	25M	4.8M	4.2M	7.6M	6M	5M	2.5M	4M	2.9M	3.2M	4.6M	3.2M	2.9M	4M	15.2M	27.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	77.3M	47.6M	45M	42.4M	45M	1.1M	1.1M	181K	184K	160K	115K	140K	146K	129K	258K	425K	859K	1.5M	2.2M	2.9M
Intangible Assets	8.3M	17.6M	27M	36.4M	45.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	8.3M	17.6M	27M	36.4M	45.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	7.9M	1.5M	0.0	0.0	750K	750K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	699K	395K	395K	0.0	0.0	0.0	1.3M	1.5M	1.5M	1.5M	0.0	0.0	0.0	1.3M	3M
Other Non-Current Assets	2.4M	7.9M	5M	2.3M	1.1M	1.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Assets	95.8M	74.5M	77M	81.2M	92.7M	3.9M	1.5M	576K	184K	160K	115K	1.5M	1.6M	1.6M	1.8M	425K	859K	1.5M	3.5M	5.9M
Total Assets	187.9M	88M	91.3M	85M	117.7M	8.6M	5.8M	8.1M	6.2M	5.2M	2.6M	5.5M	4.5M	4.8M	6.4M	3.6M	3.7M	5.5M	18.7M	33.8M
LIABILITIES
CURRENT LIABILITIES
Total Payables	5.9M	2.8M	4.2M	4.2M	3.6M	194K	210K	201K	325K	124K	152K	216K	149K	208K	191K	275K	343K	531K	273K	3.7M
Accounts Payable	4.9M	2.8M	2.1M	3.5M	3M	192K	210K	201K	325K	124K	152K	216K	149K	208K	191K	255K	323K	508K	273K	651K
Other Payables	1.1M	0.0	2.1M	606K	613K	2K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	20K	20K	23K	0.0	6.2M
Accrued Expenses	12.5M	7.9M	2.8M	2.1M	2.2M	348K	241K	374K	332K	250K	528K	349K	613K	309K	593K	1.3M	525K	746K	2.1M	781K
Short Term Debt	8.9M	14.5M	19.3M	22.6M	8.1M	134K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.5M	0.0	0.0
Capital Lease Obligations (Current)	0.0	61K	220K	161K	184K	0.0	171K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-8K	0.0	0.0
Tax Payables	123K	37K	1.8M	0.0	250K	2K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	20K	20K	23K	11K	90K
Deferred Revenue	1.9M	21.4M	1.6M	453K	316K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	591K	58K	21K	16K	8K	117K	866K
Other Current Liabilities	19.9M	1.1M	0.0	0.0	1.2M	961K	520K	617K	581K	656K	379K	696K	380K	739K	645K	73K	765K	946K	1.4M	2.6M
Total Current Liabilities	49.2M	47.9M	28.2M	29.5M	15.7M	1.6M	1.1M	1.2M	1.2M	1M	1.1M	1.3M	1.1M	1.8M	1.5M	1.6M	1.6M	3.7M	3.9M	7.1M
NON-CURRENT LIABILITIES
Long Term Debt	17.9M	7.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue (Non-Current)	2.5M	0.0	1.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	2.9M	5.3M	7.8M	8.9M	10.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.3M	3M
Other Non-Current Liabilities	743K	235K	499K	203K	509K	797K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	70K	254K	904K	670K
Total Non-Current Liabilities	26.5M	12.8M	9.7M	9.2M	11M	1.1M	776K	0.0	325K	124K	152K	216K	149K	799K	249K	276K	70K	254K	904K	3.7M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-325K	-124K	-152K	-216K	-149K	-799K	-249K	-276K	0.0	0.0	0.0	0.0
Capital Lease Obligations	2.4M	313K	436K	245K	421K	297K	947K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	75.7M	60.7M	37.9M	38.7M	26.7M	2.7M	1.9M	1.2M	1.2M	1M	1.1M	1.3M	1.1M	1.8M	1.5M	1.6M	1.7M	4M	4.8M	10.7M
SHAREHOLDERS' EQUITY
Treasury Stock	-13.9M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M	-13.8M
Preferred Stock	5K	5K	3K	3K	1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	103K	5K	3K	1K	15K	11K	106K	105K	104K	100K	63K	63K	63K	63K	63K	58K	58K	58K	462K	461K
Additional Paid-In Capital	435M	315.6M	291.3M	277.4M	227.8M	137.5M	137.2M	139.1M	139M	138.8M	135.8M	135.7M	135.6M	135.6M	135.4M	134.7M	133.3M	132.8M	131.7M	130.6M
Retained Earnings	-367.7M	-314.3M	-251M	-221.8M	-123.1M	-117.8M	-119.7M	-118.5M	-120.4M	-121M	-120.6M	-117.8M	-118.5M	-122.2M	-120.1M	-122.5M	-120.7M	-117.6M	-105.1M	-95.4M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	500K	984K
Other Total Stockholders' Equity	1.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	54.9M	-12.5M	26.5M	41.9M	91M	5.9M	3.8M	6.9M	5M	4.2M	1.5M	4.2M	3.4M	-313K	1.6M	-1.4M	-1.1M	1.5M	13.8M	22.9M
Total Equity	112.2M	27.4M	53.4M	46.3M	91M	5.9M	3.8M	6.9M	5M	4.2M	1.5M	4.2M	3.4M	3M	4.9M	2M	2M	1.5M	13.9M	23.1M
Minority Interest	57.4M	39.8M	26.8M	4.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.3M	3.3M	3.4M	3.2M	11K	143K	205K
SUMMARY
Total Liabilities & Equity	187.9M	88M	91.3M	85M	117.7M	8.6M	5.8M	8.1M	6.2M	5.2M	2.6M	5.5M	4.5M	4.8M	6.4M	3.6M	3.7M	5.5M	18.7M	33.8M
Total Investments	7.9M	1.5M	0.0	0.0	750K	750K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.5M	10.1M
Total Debt	29.3M	21.8M	19.8M	22.9M	8.5M	431K	947K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.5M	0.0	0.0
Net Debt	-47.2M	14M	13.4M	21.7M	-1.7M	-2.2M	-1.6M	-5.8M	-3.8M	-3.4M	-462K	-1.9M	-1.2M	-289K	-1.7M	-1.1M	-785K	-162K	-7.7M	-14.5M
Shares Outstanding	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853	30,115,853

SEC Filings

SLNH - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 20, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 18, 2026	May 18, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 15, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	April 30, 2026	2026	View Filing
S-3 S-3 N/A	April 29, 2026	April 29, 2026		View Filing
8-K 8-K 2026 N/A	April 28, 2026	April 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 21, 2026	April 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 17, 2026	April 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 16, 2026	April 16, 2026	2026	View Filing

Showing 1 to 10 of 561 filings

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