Soluna (SLNH)

Soluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as cryptocurrency mining, AI and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna’s MTI Instruments division manufactures precision tools and testing equipment for electronics, aviation, automotive, power and other industries. Both Soluna and MTI Instruments use technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna’s data centers enable clean electricity asset owners to ‘Sell. Every. Megawatt.’

Company profile

Ticker

SLNH, SLNHP

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Electromedical and Electrotherapeutic Apparatus Manufacturing

Industry (SIC)

Services - Computer Processing & Data Preparation

Automatic Data Processing • DXC Technology • Liberty TripAdvisor Holdings Inc - Series A • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Bilibili • Playtika Holding ...

Former names

MECHANICAL TECHNOLOGY INC

SEC CIK

0000064463

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Soluna Computing, Inc. • MTI Instruments, Inc. • Soluna MC, LLC • Soluna SW, LLC • Soluna Callisto Holdings, Inc. • Soluna DV ComputeCo, LLC • Soluna DV Services, LLC • Soluna DVSL ComputeCo, LLC • Soluna MC Borrowings, LLC ...

IRS number

141462255

SLNH stock data

1M 1Y 5Y

News

From Benzinga Pro

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27 Jul 22

Wednesday saw 83 companies set new 52-week lows.

11 Information Technology Stocks Moving In Wednesday's Pre-Market Session

20 Jul 22

12 Information Technology Stocks Moving In Tuesday's Intraday Session

19 Jul 22

12 Information Technology Stocks Moving In Monday's Pre-Market Session

11 Jul 22

This Low-Float Stock Jumps Around 148%; Here's 64 Biggest Movers From Yesterday

8 Jul 22

Press releases

From Benzinga Pro

Soluna Holdings, Inc. Announces Monthly Dividend for Series A Preferred Stock

8 Aug 22

ALBANY, NY, Aug. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc.

Soluna Holdings, Inc. Announces Series B Convertible Preferred Financing and Amendment to Convertible Note

20 Jul 22

ALBANY, NY, July 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers

Soluna Holdings Announces June Site Level Financials

20 Jul 22

Despite Continued BTC Price Decreases in June, Soluna Continues to Grow Hashrate and Intends to Invest through the Cycle ALBANY, NY, July 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc.

Soluna Holdings, Inc. Announces Monthly Dividend for Series A Preferred Stock

6 Jul 22

Soluna Computing Engages Truist Securities as Pipeline Growth Accelerates

5 Jul 22

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

16 May 22

11 Aug 22

31 Dec 22

Financial summary

Financial statements Chart SLNH financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 17	Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Soluna earnings reports.

Recent insider trades

SLNH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
25 Mar 22	Alykhan Madhavji	Common Stock	Option exercise	Acquire M	No	No	0	2,500	0	23,000
25 Mar 22	Alykhan Madhavji	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,500	0	5,000
25 Mar 22	William Hazelip	Common Stock	Option exercise	Acquire M	No	No	0	2,500	0	23,000
25 Mar 22	William Hazelip	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,500	0	5,000
25 Mar 22	Michael Toporek	Common Stock, $0.01 par value	Sale back to company	Dispose D	No	No	11.3	3,048	34.44K	4,452
25 Mar 22	Michael Toporek	Common Stock, $0.01 par value	Sale back to company	Dispose D	No	No	11.3	3,366	38.04K	4,134
25 Mar 22	Michael Toporek	Common Stock, $0.01 par value	Sale back to company	Dispose D	No	No	11.3	3,023	34.16K	4,477

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

SLNH institutional ownership history Ownership history

3.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	24	20	+20.0%
Opened positions	6	8	-25.0%
Closed positions	2	5	-60.0%
Increased positions	7	7	–
Reduced positions	5	3	+66.7%

13F shares	Current	Prev Q	Change
Total value	51.03M	49.29M	+3.5%
Total shares	4.72M	4.58M	+3.0%
Total puts	94.4K	0	NEW
Total calls	127.3K	62K	+105.3%
Total put/call ratio	0.7	–	–

Largest owners	Shares	Value	Change
Brookstone Partners IAC	3.75M	$40.35M	0.0%
Vanguard	369.21K	$4.07M	+5.6%
STT State Street	178.12K	$1.96M	+5.2%
BLK Blackrock	72.23K	$795K	+0.6%
Cerity Partners	69.3K	$763K	NEW
Geode Capital Management	68.29K	$751K	+2.7%
Savant Capital	38.95K	$429K	0.0%
Marshall Wace	31.46K	$346K	-25.7%
BMO Bank of Montreal	26.28K	$307K	NEW
IVZ Invesco	23.49K	$259K	-24.1%

Largest transactions	Shares	Bought/sold	Change
Cerity Partners	69.3K	+69.3K	NEW
BMO Bank of Montreal	26.28K	+26.28K	NEW
Vanguard	369.21K	+19.48K	+5.6%
Citadel Advisors	17.79K	+17.79K	NEW
Susquehanna International	15.12K	+15.12K	NEW
Marshall Wace	31.46K	-10.86K	-25.7%
Ci Investments	0	-9K	EXIT
STT State Street	178.12K	+8.88K	+5.2%
IVZ Invesco	23.49K	-7.46K	-24.1%
Tower Research Capital	3.99K	+3.99K	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

KLA • Schmitt Industries

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. senior Avg

New words: absence, ACA, accretion, Acquiror, analytical, announced, antidilution, APIC, artificial, batchable, battery, bear, Bilateral, Binyamin, bona, bore, borrow, borrowed, Borrower, Borrowing, BTM, built, buyer, calendar, Calisto, call, Callisto, Calvert, carbon, cease, ceased, center, chain, classification, classified, clean, CODM, concurrent, Concurrently, confirm, confirmation, constitute, constituted, correction, criteria, cryptographic, custodian, death, Debtor, decide, deployed, designee, detachable, disability, discontinued, discontinuing, disruption, drawdown, driver, earn, earned, East, EBITDA, economic, economically, enabling, enterprise, EPS, error, exited, exposed, extended, face, fail, fide, fit, flexible, fringe, function, geographic, goal, good, green, grown, halve, halving, Holdco, incentivized, indexed, inflation, input, institution, institutional, intangible, intelligence, intensive, intent, intentional, intercreditor, introduction, invasion, inversely, isolation, issuer, iv, Joinder, jurisdiction, Kentucky, Lane, larger, launch, learning, lien, LOI, low, machine, Maker, Master, MC, MEFA, membership, metric, missing, modular, monetary, monitoring, Moshe, Murray, MW, MWs, NKX, noncash, nonvested, Notwithstanding, NYDIG, opposed, outlined, payroll, precedent, preceding, predominantly, private, problem, programmed, Promptly, prop, Qualified, qualify, ranging, ratably, reclassified, redomicile, repaid, requisite, return, Russia, satisfaction, Seed, seller, settle, shift, significantly, Similarly, situation, SLC, solve, solving, specific, split, Spring, subordination, subscribed, subscription, substitute, succeeding, superior, SW, team, temporary, tender, tool, tranche, transmission, treated, treatment, unconfirmed, underlying, unissued, unknown, unprecedented, unpredictable, unrelated, verifying, vi, waive, waived, waiver, Wallet, wasted, workforce, worldwide, worth, written

Removed: advertising, Air, allocating, assure, Attorney, auction, auditing, backlog, budget, buying, cancel, characterization, civil, column, committed, comparability, complaint, comply, conduct, conducted, consistently, continuation, conventional, core, creation, cyclical, daily, decreasing, degree, delay, Department, dependence, description, diligence, District, diversity, DOJ, ECB, effort, employee, engineering, equally, establishment, Ethereum, Europe, exceed, expiration, expire, expressed, favorable, flat, Florida, Force, forfeiture, fraud, funded, Hedging, hire, hold, implied, inability, infringement, international, internationally, interruption, inventory, Joint, judge, Justice, labor, lack, Laundering, litecoin, longer, lower, maintain, maintenance, meantime, metrology, monetize, multiple, negotiate, North, obtained, occasional, operate, originally, outlay, Oversight, partially, paying, PBS, PCAOB, personnel, placement, platform, popularity, portion, practice, promoted, prototype, provision, purportedly, receiving, reconciliation, Recovery, reducing, region, regulation, rely, renewal, renewed, renewing, repair, replacement, repurposed, resumption, retention, scaling, Secretary, seized, semiconductor, serving, settlement, shown, Simplifying, small, solar, solicitation, solicitor, Southern, spend, stemming, subcontracted, successful, supplier, Tennessee, terminate, Threshold, timeframe, traceable, trailing, train, travel, Treasurer, turnover, TVA, Ukrainian, unit, unusual, Valley, warranty

From filing 10-Q 2022 Q1

Financial reports

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