earnings
confidence high
sentiment neutral
materiality 0.80
Solana (HSDT) Q3 net loss $352.8M; $500M+ SOL treasury partnership closed
Solana Co
2025-Q3 EPS reported
-$90.14
revenue$789,000
- Q3 net loss $352.8M ($32.89 loss per share) vs $3.7M loss a year ago; operating loss $35.5M vs $4.1M.
- Revenue $697k includes $342k first-time staking rewards; unrealized loss on digital assets $30.5M.
- Closed $500M+ PIPE with Pantera Capital and Summer Capital for SOL treasury strategy; issued $750M cash-exercise warrants.
- Announced $100M stock repurchase program; positive PoNS clinical data; FDA submission for label expansion in stroke.
- Cash & digital assets $474.2M ($124M cash, $350.2M digital assets); 75.9M shares and pre-funded warrants outstanding.