secwatch.observer — SEC 8-K summary
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Issuer:     Solana Co (HSDT)
CIK:        0001610853
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001558370-23-018580
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helius Medical Q3 revenue $143K, net loss $3.7M; cash runway into Q2 2024
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- Q3 revenue $143K vs $196K YoY; decline due to PTAP expiration on June 30.
- Net loss $3.7M vs $1.0M; basic EPS loss $5.49 vs $2.90.
- Cash $6.6M plus $0.4M in warrant proceeds; operating burn $2.5M; runway into Q2 2024.
- Received UPC codes for PoNS system ($25,700) and mouthpiece ($7,900) from Medi-Span.
- Quebec MSSS LOI for up to 30 PoNS systems; UdeM order for 10 systems.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610853/000155837023018580/0001558370-23-018580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610853/000155837023018580/hsdt-20231109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-018580

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