---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032465"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T19:03:47.214236+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Soluna Q3 net loss $55.9M ($3.94/sh) on $28.1M impairment and $12.3M debt loss

## Summary
- Revenue $6.4M, up from $3.1M YoY; cryptocurrency mining revenue $5.4M vs $2.0M.
- Net loss $(55.9)M, or $(3.94) per share, vs $(0.6)M loss YoY; includes $28.1M fixed asset impairment and $12.3M debt extinguishment loss.
- Non-GAAP adjusted EBITDA loss of $(3.6)M; BTC equivalents mined up 12.4% from Q2.
- G&A expenses rose to $5.7M from $2.3M YoY, driven by personnel and complex transactions.
- Project Dorothy energization pending ERCOT approval; expected to double operating footprint.

## SEC filing metadata
- accession: 0001493152-22-032465
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000149315222032465/0001493152-22-032465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000149315222032465/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032465
- JSON: https://secwatch.observer/filing/0001493152-22-032465.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032465.txt

## Key facts
- Earnings Releases
  Soluna Holdings, Inc reported fiscal quarter ended September 30, 2022 results: revenue $6.4 million, net income $(55.9) million, EPS $(3.94) per share.
  - Period: fiscal quarter ended September 30, 2022
  - Revenue: $6.4 million
  - Net income: $(55.9) million
  - EPS: $(3.94) per share
  - Result: reported results
  source text: one of the lowest cost facilities of its kind in North America.” Third Quarter 2022 Financial Results Key Financial Highlights for the third quarter include ● Total revenue of $6.4 million for the three-month period ended September 30, 2022, as compared to $3.1 million for the same year-over-year period. The increase was driven primarily by an additional site
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315222032465/0001493152-22-032465-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.