Soluna Holdings, Inc financial data

Symbol
SLNH, SLNHP on Nasdaq
Industry
Finance Services
Location
325 Washington Avenue Extension, Albany, New York
State of incorporation
Nevada
Fiscal year end
December 31
Former names
MECHANICAL TECHNOLOGY INC (to 10/29/2021)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 65.2 % +103%
Debt-to-equity 143 % +132%
Return On Equity -50.7 % +64.4%
Return On Assets -29.4 % +67.6%
Operating Margin -42 % +89%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.84M shares -88.5%
Common Stock, Shares, Outstanding 2.84M shares -88.8%
Entity Public Float 5.01M USD -87.2%
Common Stock, Value, Issued 3K USD -88.5%
Weighted Average Number of Shares Outstanding, Basic 2.81M shares +225%
Weighted Average Number of Shares Outstanding, Diluted 2.81M shares +225%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30.5M USD +36.8%
Cost of Revenue 5.62M USD +78.4%
General and Administrative Expense 15M USD -19.6%
Operating Income (Loss) -12.8M USD +84.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -23.9M USD +77.6%
Income Tax Expense (Benefit) -1.07M USD +20.7%
Net Income (Loss) Attributable to Parent -27.4M USD +71.7%
Earnings Per Share, Basic -20.1 USD/shares +74.6%
Earnings Per Share, Diluted -20.1 USD/shares +74.6%

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 4.43M USD +880%
Inventory, Net 888K USD -3.79%
Assets, Current 17M USD +117%
Deferred Income Tax Assets, Net 171K USD -77.5%
Property, Plant and Equipment, Net 43.3M USD +11.5%
Operating Lease, Right-of-Use Asset 380K USD -34.1%
Intangible Assets, Net (Excluding Goodwill) 24.7M USD -27.6%
Assets 90.6M USD +7.59%
Accounts Payable, Current 2.53M USD -33.9%
Employee-related Liabilities, Current 423K USD +138%
Accrued Liabilities, Current 5.96M USD +109%
Contract with Customer, Liability, Current 1.28M USD
Liabilities, Current 32.5M USD +29.8%
Contract with Customer, Liability, Noncurrent 1.37M USD
Deferred Income Tax Liabilities, Net 7.23M USD -13.3%
Operating Lease, Liability, Noncurrent 189K USD -50.1%
Liabilities 41.8M USD +22.7%
Retained Earnings (Accumulated Deficit) -256M USD -12%
Stockholders' Equity Attributable to Parent 21.5M USD -42.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 48.9M USD -2.65%
Liabilities and Equity 90.6M USD +7.59%

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 2.88M shares -89.1%
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 36.8M USD +17.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 36.8M USD +20%
Operating Lease, Liability 383K USD -34.4%
Depreciation 4.82M USD -68%
Payments to Acquire Property, Plant, and Equipment 524K USD -39.1%
Lessee, Operating Lease, Liability, to be Paid 468K USD -33.6%
Property, Plant and Equipment, Gross 48.5M USD +19.8%
Operating Lease, Liability, Current 194K USD -5.37%
Lessee, Operating Lease, Liability, to be Paid, Year Two 29K USD -63.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 79K USD -67.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -1.11M USD +20.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 85K USD -29.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 29K USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 29M USD +51.3%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 29K USD 0%
Additional Paid in Capital 292M USD +4.13%
Current State and Local Tax Expense (Benefit) 40K USD -4.76%
Amortization of Intangible Assets 9.5M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 171K USD
Share-based Payment Arrangement, Expense 4.31M USD +11.9%
Interest Expense 1.8M USD -73.8%