secwatch.observer — SEC 8-K summary
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Issuer:     Soluna Holdings, Inc (SLNH)
CIK:        0000064463
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001493152-24-013138
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Soluna Q4 revenue $10.1M (+75% QoQ); Adj EBITDA $1.0M positive for 2nd quarter
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- Q4 record gross profit $4.3M; FY revenue $21.1M, down 26% vs FY22 $28.5M.
- FY Adjusted EBITDA improved to -$3.5M from -$4.6M in FY22.
- Project Dorothy 1A and 1B generated $13.7M in H2 2023, 65% of FY revenue.
- Cash and restricted cash $9.4M at Dec 31, 2023; business model diversified into hosting, mining, AI, ancillary services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/64463/000149315224013138/0001493152-24-013138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/64463/000149315224013138/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-013138

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