---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000410"
form_type: "8-K"
ticker: "HSDT"
cik: "0001610853"
company_name: "Solana Co"
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:48:27.467366+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Helius Medical reports preliminary Q4 revenue $275-285K; FY2022 revenue up ~50% YoY

## Summary
- Q4 2022 revenue projected $275K-$285K, sequential increase of ~40% over Q3 2022.
- FY2022 revenue projected $780K-$790K, ~50% increase over FY2021.
- Unaudited year-end cash balance $14.5M, down from $16.7M at September 30.
- Launched UpScript Telehealth e-commerce site for PoNS therapy; initial shipments in Jan 2023.
- Online PT training module launched July 2022, reducing training time to 3 hours or less.

## SEC filing metadata
- accession: 0001558370-23-000410
- form_type: 8-K
- ticker: HSDT
- cik: 0001610853
- company_name: Solana Co
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1610853/000155837023000410/0001558370-23-000410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1610853/000155837023000410/hsdt-20230123x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000410
- JSON: https://secwatch.observer/filing/0001558370-23-000410.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000410.txt

## Key facts
- Earnings Releases
  Solana Co reported full year ended December 31, 2022 results: revenue $780,000 to $790,000.
  - Period: full year ended December 31, 2022
  - Revenue: $780,000 to $790,000
  - Result: preliminary results
  source text: Full year 2022 revenue projected to range from $780,000 to $790,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1610853/000155837023000410/0001558370-23-000410-index.htm
- Earnings Releases
  Solana Co reported quarter ended December 31, 2022 results: revenue $275,000 to $285,000.
  - Period: quarter ended December 31, 2022
  - Revenue: $275,000 to $285,000
  - Result: preliminary results
  source text: Q4 2022 revenue projected to range from $275,000 to $285,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1610853/000155837023000410/0001558370-23-000410-index.htm

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