secwatch.observer — SEC 8-K summary
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Issuer:     Soluna Holdings, Inc (SLNH)
CIK:        0000064463
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001493152-25-023755
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Soluna Q3 revenue up 37% sequentially, cash hits record $60.5M; net loss widens
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- Revenue increased 37% sequentially to $2.3M; gross profit improved to 28% from 19% in Q2.
- Cash rose to a record $60.5M, up $45M, from equity and project-level financing.
- Net loss widened to ($17.7M) due to $22M fair value adjustment from warrant exercises.
- Adjusted EBITDA was ($6.4M); excluding special charges, it was positive $0.1M.
- Closed $100M credit facility from Generate Capital; surpassed 1 GW of clean computing projects.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/64463/000149315225023755/0001493152-25-023755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/64463/000149315225023755/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-023755

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