Soluna Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	88.84	10.45	10.37	1.82	10.26
Cash & Short-Term Investments	88.84	10.45	10.37	1.82	10.26
Cash Growth	749.93%	0.83%	469.30%	-82.25%	290.04%
Accounts Receivable	5.52	2.69	2.95	0.32	0.53
Other Receivables	-	-	0.45	0.22	-
Total Trade Receivables	5.52	2.69	3.39	0.54	0.53
Other Current Assets	5.68	1.81	1.52	1.4	4.01
Total Current Assets	92.13	13.5	14.28	3.76	24.98
Net Property, Plant & Equipment	77.28	47.6	45	42.44	45
Other Intangible Assets	8.26	17.62	27.01	36.43	45.84
Long-Term Investments	-	-	-	-	0.75
Other Long-Term Assets	2.36	7.87	3.98	2.33	11.31
Total Assets	187.94	88.04	91.28	84.96	117.69
Accounts Payable	4.86	2.84	2.1	3.55	2.96
Accrued Expenses	13.49	9.06	4.91	2.72	2.86
Short-Term Debt	-	-	8.47	12.09	8.12
Current Portion of Long-Term Debt	8.86	14.44	10.86	10.55	-
Current Portion of Leases	0.09	0.06	0.22	0.16	0.18
Unearned Revenue	21.78	21.43	1.59	0.45	0.32
Other Current Liabilities	0.12	0.04	0.02	-	1.25
Total Current Liabilities	49.19	47.87	28.18	29.52	15.68
Long-Term Debt	17.9	7.06	1.25	-	-
Long-Term Leases	2.42	0.25	0.22	0.22	0.24
Other Long-Term Liabilities	3.65	5.49	8.28	9.09	10.79
Total Long-Term Liabilities	23.98	12.81	9.74	9.31	11.02
Total Liabilities	75.7	60.68	37.92	38.69	26.71
Preferred Stock	0.01	0.01	0	0	0
Common Stock	0.1	0.01	0	0	0.02
Treasury Stock	-13.87	-13.8	-13.8	-13.8	-13.76
Additional Paid-in Capital	435.03	315.61	291.28	277.43	227.79
Retained Earnings	-367.72	-314.3	-250.97	-221.77	-123.05
Total Common Shareholders' Equity	53.55	-12.48	26.51	41.87	90.99
Minority Interest	58.7	39.84	26.85	4.41	-
Shareholders' Equity	110.93	27.36	53.36	46.27	90.99
Total Liabilities & Equity	187.94	88.04	91.28	84.96	117.69
Total Debt	29.27	21.82	21.02	23.01	8.54
Net Cash (Debt)	59.58	-11.37	-10.66	-21.19	1.72
Net Cash Growth	-	-	-	-	-21.96%
Net Cash Per Share	2.05	-2.22	-8.11	-35.36	3.62
Book Value	53.55	-12.48	26.51	41.87	90.99
Book Value Per Share	1.84	-2.44	20.18	69.86	192.12
Tangible Book Value	45.29	-30.1	-0.49	5.43	45.15
Tangible Book Value Per Share	1.56	-5.89	-0.38	9.07	95.33

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q