v3.25.2
Stockholders’ Equity (Tables)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Reserved Shares of Common Stock for Future Issuance

The Company had reserved common shares for future issuance as follows as of June 30, 2025:

 

      
Stock options outstanding   2,645 
Restricted stock units outstanding   209,885 
Warrants outstanding   2,347,135 
Common stock available for future equity awards or issuance of options   1,720,565 
Number of common shares reserved   4,280,230 
Schedule of Basic and Diluted Per Share Computations for Continuing Operations

The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted per share computations for operations for the three and six months ended June 30:

  

              
(Dollars in thousands, except shares) 

Three Months Ended

June 30,

  

Six Months Ended

June 30,

 
   2025    2024   2025   2024 
                  
Numerator:                     
Net loss  $(7,780)   $(9,145)  $(15,134)  $(11,689)
(Less) Net income (loss) attributable to non-controlling interest   398     (1,728)   196    (4,438)
Net loss attributable to Soluna Holdings, Inc.   (7,382)    (10,873)   (14,938)   (16,127)
Less: Preferred dividends or deemed dividends   -     (66)   -    (452)
Less: Cumulative Preferred Dividends in arrears   (2,956)    (2,609)   (5,908)   (4,331)
Balance  $(10,338)   $ (13,548)  $(20,846)  $(20,910)
Denominator:                     
Basic and Diluted EPS:                     
Common shares outstanding, beginning of period, including penny warrants   11,327,446     2,958,851    11,327,446    2,592,454 
Weighted average common shares issued during the period including penny warrants issued and outstanding as of quarter-end   3,663,679     1,594,845    2,146,536    1,091,104 
Denominator for basic and diluted earnings per common shares — weighted average common shares   14,991,125     4,563,696    13,473,983    3,683,558 
Basic and diluted loss per share  $(0.69)   $(2.97)  $(1.55)  $(5.68)