Soluna Holdings, Inc. Files 10-Q for Period Ending March 31, 2024

TL;DR

<b>Soluna Holdings, Inc. has filed its Q1 2024 10-Q report detailing financial performance and operational updates.</b>

AI Summary

Soluna Holdings, Inc (SLNHP) filed a Quarterly Report (10-Q) with the SEC on May 15, 2024. Soluna Holdings, Inc. filed a 10-Q report for the period ending March 31, 2024. The filing includes financial data for the first quarter of 2024. Key financial statement data points such as revenue, net income, and EPS are expected to be detailed within the report. The company operates in the Finance Services sector, SIC code 6199. The report was filed on May 15, 2024.

Why It Matters

For investors and stakeholders tracking Soluna Holdings, Inc, this filing contains several important signals. This 10-Q filing provides investors with the latest quarterly financial results, enabling them to assess the company's performance and financial health. The detailed financial statements and disclosures within the report are crucial for understanding Soluna Holdings' revenue streams, cost structure, and overall profitability trends.

Risk Assessment

Risk Level: — Soluna Holdings, Inc shows moderate risk based on this filing. The company's financial performance and future prospects are subject to the volatility of cryptocurrency markets and the evolving regulatory landscape for digital assets, as indicated by its business operations.

Analyst Insight

Investors should review the detailed financial statements and management's discussion and analysis in the 10-Q to understand Soluna Holdings' current financial position and future outlook.

Revenue Breakdown

Key Numbers

• 2024-03-31 — Period End Date (Conformed period of report.)
• 2024-05-15 — Filing Date (Date the 10-Q was filed.)
• 6199 — SIC Code (Standard Industrial Classification for Finance Services.)

Key Players & Entities

• Soluna Holdings, Inc. (company) — Filer of the 10-Q report.
• 2024-03-31 (date) — Conformed period of report.
• 2024-05-15 (date) — Filed as of date.
• Albany, NY (location) — Business and mailing address city and state.
• NV (location) — State of incorporation.

FAQ

Industry Context

Soluna Holdings, Inc. operates within the Finance Services sector, with a specific focus indicated by its business activities.

Regulatory Implications

As a publicly traded company, Soluna Holdings, Inc. is subject to the reporting requirements of the Securities and Exchange Commission (SEC), including the filing of quarterly 10-Q reports.

What Investors Should Do

1. Review the detailed financial statements within the 10-Q for Q1 2024.
2. Analyze revenue breakdown by segment (Cryptocurrency Mining, Data Hosting, Demand Response Services).
3. Assess any disclosures regarding debt, cash, and operational margins.

Key Dates

• 2024-03-31: Quarterly Period End — The end date for the financial reporting period covered by the 10-Q.
• 2024-05-15: Filing Date — The date the 10-Q report was officially submitted to the SEC.

Year-Over-Year Comparison

This is a 10-Q filing for the period ending March 31, 2024. Specific comparative data against the previous filing (likely a 10-Q for the period ending December 31, 2023, or a 10-K for the year ended December 31, 2023) is not detailed in the provided header information.

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share SLNH The Nasdaq Stock Mar

Filing Documents

• form10-q.htm (10-Q) — 2170KB
• ex4-20.htm (EX-4.20) — 122KB
• ex4-21.htm (EX-4.21) — 122KB
• ex4-22.htm (EX-4.22) — 106KB
• ex4-23.htm (EX-4.23) — 124KB
• ex4-24.htm (EX-4.24) — 110KB
• ex10-82.htm (EX-10.82) — 51KB
• ex10-83.htm (EX-10.83) — 52KB
• ex10-84.htm (EX-10.84) — 52KB
• ex10-85.htm (EX-10.85) — 51KB
• ex10-86.htm (EX-10.86) — 53KB
• ex10-87.htm (EX-10.87) — 54KB
• ex10-88.htm (EX-10.88) — 46KB
• ex10-89.htm (EX-10.89) — 52KB
• ex10-90.htm (EX-10.90) — 50KB
• ex10-91.htm (EX-10.91) — 50KB
• ex10-92.htm (EX-10.92) — 50KB
• ex10-93.htm (EX-10.93) — 50KB
• ex10-94.htm (EX-10.94) — 68KB
• ex10-95.htm (EX-10.95) — 76KB
• ex10-96.htm (EX-10.96) — 67KB
• ex10-97.htm (EX-10.97) — 71KB
• ex10-98.htm (EX-10.98) — 73KB
• ex10-99.htm (EX-10.99) — 70KB
• ex10-100.htm (EX-10.100) — 70KB
• ex31-1.htm (EX-31.1) — 16KB
• ex31-2.htm (EX-31.2) — 16KB
• ex32-1.htm (EX-32.1) — 8KB
• ex32-2.htm (EX-32.2) — 8KB
• 0001493152-24-020047.txt (&nbsp;) — 12289KB
• slnh-20240331.xsd (EX-101.SCH) — 69KB
• slnh-20240331_cal.xml (EX-101.CAL) — 87KB
• slnh-20240331_def.xml (EX-101.DEF) — 406KB
• slnh-20240331_lab.xml (EX-101.LAB) — 539KB
• slnh-20240331_pre.xml (EX-101.PRE) — 468KB
• form10-q_htm.xml (XML) — 1616KB

OTHER INFORMATION

PART II. OTHER INFORMATION 50 Item 1. Legal Proceedings 51 Item 1A. Risk Factors 51 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 51 Item 3. Defaults Upon Senior Securities 51 Item 4. Mine Safety Disclosures 51 Item 5. Other Information 51 Item 6. Exhibits 51

SIGNATURES

SIGNATURES 52 1 Glossary of Abbreviations and Acronyms for Selected References The following list defines various abbreviations and acronyms used throughout this report, including Management's Discussion and Analysis of Financial Condition and Results of Operations, the Condensed Consolidated Financial Statements, the Condensed Notes to Consolidated

Financial Statements and the Condensed Financial Statement Schedules

Financial Statements and the Condensed Financial Statement Schedules. This glossary covers essential terms related to Bitcoin mining, high-performance computing, Artificial Intelligence ("AI") and related fields, providing valuable context for readers of the Form10-Q. A number of cross-references to additional information included throughout this Quarterly Report on Form 10-Q are also utilized throughout this report, to assist readers seeking additional information related to a particular subject. Additional context can be obtained by reading our Annual Report on Form 10-K. 1. Artificial Intelligence ("AI") : The simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions), and self-correction. AI applications include expert systems, natural language processing, speech recognition, and machine vision. 2. Bitcoin : A decentralized digital currency created in 2009 by an unknown person or group of people using the name Satoshi Nakamoto. It operates on a peer-to-peer network, allowing direct transactions without intermediaries. Transactions are verified by network nodes through cryptography and recorded on a publicly distributed ledger called a blockchain. 3. Bitcoin Halving : An event occurring approximately every four years where the reward for mining new Bitcoin blocks is halved. This reduces the number of new Bitcoins generated by miners, impacting their profitability and potentially affecting Bitcoin's value. It's part of Bitcoin's deflationary monetary policy, designed to control supply. 4. Bitcoin Mining : The process of adding new transactions to the Bitcoin blockchain. It involves solving complex cryptographic puzzles to discover a new block, rewarding miners with transaction fees and newly created Bitcoins. This process secures and verifies transactions on t

View Full Filing

View this 10-Q filing on SEC EDGAR