Soluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as cryptocurrency mining, AI and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna’s MTI Instruments division manufactures precision tools and testing equipment for electronics, aviation, automotive, power and other industries. Both Soluna and MTI Instruments use technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna’s data centers enable clean electricity asset owners to ‘Sell. Every. Megawatt.’
Company profile
Ticker
SLNH
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MECHANICAL TECHNOLOGY INC
SEC CIK
Corporate docs
Subsidiaries
Soluna Computing, Inc. • Soluna Digital, Inc. • Soluna MC, LLC • Soluna SW, LLC • Soluna Callisto Holdings, Inc. • Soluna DV Devco, LLC • Soluna DV ComputeCo, LLC • Soluna DV Services, LLC • Soluna MC Borrowings, LLC • Soluna SW Borrowings, LLC ...
IRS number
141462255
SLNH stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
19 Apr 24
PRE 14A
Preliminary proxy
19 Apr 24
8-K
Regulation FD Disclosure
19 Apr 24
8-K
Soluna Reports Fourth Quarter and Full Year 2023 Results
4 Apr 24
8-K
Soluna Appoints John Tunison as Chief Financial Officer
3 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Soluna Inks Agreement with Noteholders to Bolster Balance Sheet Ahead of Halving
1 Mar 24
S-8
Registration of securities for employees
14 Feb 24
8-K
Other Events
26 Jan 24
8-K
Departure of Directors or Certain Officers
29 Nov 23
Latest ownership filings
SC 13D/A
Boos Wayne W
26 Apr 24
SC 13D/A
Boos Wayne W
25 Apr 24
4
Matthew E. Lipman
17 Apr 24
4
Mary Jennifer OReilly
17 Apr 24
4
John Tunison
17 Apr 24
4
Jessica L. Thomas
17 Apr 24
4
DAVID C MICHAELS
17 Apr 24
4
William P Phelan
17 Apr 24
4
MICHAEL TOPOREK
17 Apr 24
4
Edward R Hirshfield
17 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 17 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.00 mm | 1.00 mm | 1.00 mm | 1.00 mm | 1.00 mm | 1.00 mm |
Cash burn (monthly) | 2.47 mm | 8.33 k | 1.82 mm | 4.24 mm | 189.33 k | 450.08 k |
Cash used (since last report) | 17.03 mm | 57.53 k | 12.53 mm | 29.26 mm | 1.31 mm | 3.11 mm |
Cash remaining | -16.03 mm | 942.47 k | -11.53 mm | -28.26 mm | -307.02 k | -2.11 mm |
Runway (months of cash) | -6.5 | 113.1 | -6.4 | -6.7 | -1.6 | -4.7 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 22 |
Opened positions | 9 |
Closed positions | 4 |
Increased positions | 1 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 174.75 mm |
Total shares | 8.58 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Brookstone Partners IAC | 3.75 mm | $0.00 |
Alpha Capital Anstalt | 2.22 mm | $721.00 k |
DOMO Capital Management | 1.68 mm | $0.00 |
TrinityPoint Wealth | 346.06 k | $70.53 mm |
We Are One Seven | 204.04 k | $41.58 mm |
Cerity Partners | 69.30 k | $14.12 mm |
Geode Capital Management | 67.91 k | $13.92 mm |
Renaissance Technologies | 51.80 k | $11.00 k |
BLK Blackrock | 51.21 k | $10.44 mm |
Mount Yale Investment Advisors | 36.55 k | $7.45 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | John Belizaire | Common Stock | Grant | Acquire A | No | No | 0 | 141,176 | 0.00 | 143,326 |
15 Apr 24 | John Belizaire | 9.0% Series A Cumulative Perpetual Preferred Stock | Grant | Acquire A | No | No | 0 | 100,000 | 0.00 | 101,042 |
15 Apr 24 | John Bottomley | Common Stock | Grant | Acquire A | No | No | 0 | 35,294 | 0.00 | 37,254 |
15 Apr 24 | John Bottomley | 9.0% Series A Cumulative Perpetual Preferred Stock | Grant | Acquire A | No | No | 0 | 26,489 | 0.00 | 27,489 |
15 Apr 24 | John Bottomley | Stock Options Common Stock | Sale back to company | Dispose D | No | No | 23.75 | 3,125 | 74.22 k | 0 |
15 Apr 24 | William Hazelip | Common Stock | Grant | Acquire A | No | No | 0 | 35,294 | 0.00 | 36,428 |
15 Apr 24 | William Hazelip | 9.0% Series A Cumulative Perpetual Preferred Stock | Grant | Acquire A | No | No | 0 | 26,489 | 0.00 | 27,489 |
15 Apr 24 | William Hazelip | Stock Options Common Stock | Sale back to company | Dispose D | No | No | 23.75 | 2,188 | 51.97 k | 0 |
15 Apr 24 | William Hazelip | Stock Options Common Stock | Sale back to company | Dispose D | No | No | 188 | 1,064 | 200.03 k | 0 |
15 Apr 24 | William Hazelip | Stock Options Common Stock | Sale back to company | Dispose D | No | No | 277.5 | 600 | 166.50 k | 0 |
News
11 Information Technology Stocks Moving In Friday's Intraday Session
12 Apr 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
3 Apr 24
12 Information Technology Stocks Moving In Tuesday's Intraday Session
2 Apr 24
Soluna Holdings Q4 EPS $(7.68) Up From $(42.00) YoY, Sales $10.12M Up From $4.18M YoY
2 Apr 24
12 Information Technology Stocks Moving In Friday's Pre-Market Session
15 Mar 24
Press releases
Soluna Announces Monthly Business Update
8 Apr 24
Soluna Reports Fourth Quarter and Full Year 2023 Results
2 Apr 24
Soluna's Project Dorothy 2 Prepares to Deliver $14M in Potential Operating Profit
14 Mar 24
Soluna Inks Agreement with Noteholders to Bolster Balance Sheet Ahead of Halving
1 Mar 24
Soluna Ventures into AI Hosting with Co-location Agreement
14 Feb 24