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-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 62.1 % +25.9%
Debt-to-equity 187 % +75.9%
Return On Equity -58.9 % +37.8%
Return On Assets -31.8 % +42.7%
Operating Margin -42 % +89%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.37M shares +420%
Common Stock, Shares, Outstanding 7.65M shares +427%
Entity Public Float 5.01M USD -87.2%
Common Stock, Value, Issued 8K USD +700%
Weighted Average Number of Shares Outstanding, Basic 7.74M shares +448%
Weighted Average Number of Shares Outstanding, Diluted 7.74M shares +448%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30.5M USD +36.8%
Cost of Revenue 8.89M USD +102%
General and Administrative Expense 18.8M USD +25.5%
Operating Income (Loss) -14.7M USD +67.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -27.1M USD +46.8%
Income Tax Expense (Benefit) -2.29M USD -335%
Net Income (Loss) Attributable to Parent -30M USD +39.8%
Earnings Per Share, Basic -8.87 USD/shares -113%
Earnings Per Share, Diluted -8.87 USD/shares +78.4%

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 2.05M USD +1.04%
Inventory, Net 888K USD -3.79%
Assets, Current 18.5M USD +29.1%
Deferred Income Tax Assets, Net 171K USD -77.5%
Property, Plant and Equipment, Net 43.5M USD -5.37%
Operating Lease, Right-of-Use Asset 180K USD -62.7%
Intangible Assets, Net (Excluding Goodwill) 20M USD -32%
Assets 97.3M USD +3.47%
Accounts Payable, Current 3.39M USD +12.7%
Employee-related Liabilities, Current 423K USD +138%
Accrued Liabilities, Current 7.67M USD +72.4%
Contract with Customer, Liability, Current 2.29M USD
Liabilities, Current 31.3M USD +13.9%
Contract with Customer, Liability, Noncurrent 1.37M USD
Deferred Income Tax Liabilities, Net 5.97M USD -28.6%
Operating Lease, Liability, Noncurrent 155K USD -43.2%
Liabilities 45.8M USD +18.2%
Retained Earnings (Accumulated Deficit) -274M USD -12.3%
Stockholders' Equity Attributable to Parent 20.9M USD -27.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 51.6M USD -6.85%
Liabilities and Equity 97.3M USD +3.47%

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
Common Stock, Shares, Issued 7.69M shares +415%
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 36.7M USD +3.09%
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 181K USD -62.9%
Depreciation 6.07M USD +14.9%
Payments to Acquire Property, Plant, and Equipment 524K USD -39.1%
Lessee, Operating Lease, Liability, to be Paid 250K USD -57.6%
Property, Plant and Equipment, Gross 51.9M USD +6.27%
Operating Lease, Liability, Current 26K USD -87.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 29K USD -63.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 29K USD -88.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -1.26M USD +26.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 69K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 29K USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 29M USD +51.3%
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 309M USD +7.72%
Amortization of Intangible Assets 9.5M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 171K USD
Interest Expense 2.09M USD -27.4%