2023 Q1 Form 10-K Financial Statement
#000149315223010333 Filed on March 31, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $3.082M | $4.183M | $28.55M |
YoY Change | -66.92% | 15.04% | 99.0% |
Cost Of Revenue | $3.138M | $6.350M | $36.51M |
YoY Change | -64.58% | 16.43% | 352.37% |
Gross Profit | -$56.00K | -$2.167M | -$7.959M |
YoY Change | -112.25% | 19.2% | -226.84% |
Gross Profit Margin | -1.82% | -51.8% | -27.88% |
Selling, General & Admin | $6.747M | $3.762M | $28.71M |
YoY Change | -7.0% | 25.82% | 167.04% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $632.0K | $5.215M | $18.70M |
YoY Change | -90.56% | 59.53% | 790.48% |
% of Gross Profit | |||
Operating Expenses | $6.747M | $6.141M | $28.71M |
YoY Change | -7.0% | 3350.0% | 167.04% |
Operating Profit | -$7.012M | -$8.308M | -$84.79M |
YoY Change | 3.15% | 316.23% | 1794.33% |
Interest Expense | $1.374M | -$519.0K | $8.375M |
YoY Change | -147.69% | -72.38% | -545.72% |
% of Operating Profit | |||
Other Income/Expense, Net | $12.00K | $20.00K | $9.500M |
YoY Change | -200.0% | 86263.64% | |
Pretax Income | -$7.979M | -$27.64M | -$108.4M |
YoY Change | -17.56% | 609.6% | 1608.1% |
Income Tax | -$547.0K | -$2.000K | -$1.346M |
% Of Pretax Income | |||
Net Earnings | -$7.062M | -$27.47M | -$98.72M |
YoY Change | -20.71% | 877.16% | 1776.35% |
Net Earnings / Revenue | -229.14% | -656.66% | -345.8% |
Basic Earnings Per Share | -$0.35 | -$6.89 | |
Diluted Earnings Per Share | -$0.33 | -$1.67 | -$6.58 |
COMMON SHARES | |||
Basic Shares Outstanding | 24.68M shares | 17.54M shares | 14.98M shares |
Diluted Shares Outstanding | 864.9K shares | 14.98M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.553M | $1.136M | $1.136M |
YoY Change | 61.05% | -88.93% | -88.93% |
Cash & Equivalents | $5.046M | $1.821M | |
Short-Term Investments | |||
Other Short-Term Assets | $2.814M | $3.186M | $3.186M |
YoY Change | -85.38% | -77.55% | -77.55% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $452.0K | $320.0K | $320.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $7.819M | $4.642M | $4.642M |
YoY Change | -65.1% | -81.42% | -81.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $38.81M | $42.50M | $42.74M |
YoY Change | -43.44% | -4.69% | -5.03% |
Goodwill | |||
YoY Change | |||
Intangibles | $34.09M | $36.43M | |
YoY Change | -20.52% | ||
Long-Term Investments | $0.00 | ||
YoY Change | -100.0% | ||
Other Assets | $2.950M | $1.150M | $1.150M |
YoY Change | 177.78% | 2.59% | 2.59% |
Total Long-Term Assets | $76.42M | $80.32M | $80.32M |
YoY Change | -32.92% | -13.37% | -13.37% |
TOTAL ASSETS | |||
Total Short-Term Assets | $7.819M | $4.642M | $4.642M |
Total Long-Term Assets | $76.42M | $80.32M | $80.32M |
Total Assets | $84.24M | $84.96M | $84.96M |
YoY Change | -38.21% | -27.81% | -27.81% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.822M | $3.548M | $3.548M |
YoY Change | -12.4% | 19.95% | 19.95% |
Accrued Expenses | $2.847M | $2.721M | $2.639M |
YoY Change | 20.33% | -4.83% | -13.28% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $10.41M | $12.09M | $12.09M |
YoY Change | -38.76% | 48.84% | 48.84% |
Long-Term Debt Due | $7.758M | $10.55M | $10.55M |
YoY Change | 7.82% | ||
Total Short-Term Liabilities | $25.04M | $29.52M | $29.52M |
YoY Change | -23.02% | 88.2% | 88.2% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $686.0K | $287.0K | $287.0K |
YoY Change | -2.14% | -61.53% | -61.53% |
Total Long-Term Liabilities | $686.0K | $0.00 | $287.0K |
YoY Change | -89.45% | -61.53% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $25.04M | $29.52M | $29.52M |
Total Long-Term Liabilities | $686.0K | $0.00 | $287.0K |
Total Liabilities | $34.06M | $38.69M | $43.10M |
YoY Change | -30.14% | 44.87% | 61.37% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$228.8M | -$221.8M | |
YoY Change | 73.41% | 80.22% | |
Common Stock | $26.00K | $20.00K | |
YoY Change | -99.99% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $13.80M | $13.80M | |
YoY Change | 0.25% | ||
Treasury Stock Shares | 1.019M shares | ||
Shareholders Equity | $37.39M | $41.87M | $41.87M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $84.24M | $84.96M | $84.96M |
YoY Change | -38.21% | -27.81% | -27.81% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.062M | -$27.47M | -$98.72M |
YoY Change | -20.71% | 877.16% | 1776.35% |
Depreciation, Depletion And Amortization | $632.0K | $5.215M | $18.70M |
YoY Change | -90.56% | 59.53% | 790.48% |
Cash From Operating Activities | -$3.053M | -$997.0K | -$6.118M |
YoY Change | -332.88% | -111.97% | -210.19% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $860.0K | $1.779M | $63.68M |
YoY Change | -103.38% | -105.99% | -234.47% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$200.0K | $160.0K | $18.13M |
YoY Change | -92.28% | -101.61% | -282.28% |
Cash From Investing Activities | -$435.0K | -$1.619M | -$54.71M |
YoY Change | -98.45% | -95.92% | -4.52% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $6.713M | 3.354M | $42.94M |
YoY Change | -65.26% | -86.97% | -27.68% |
NET CHANGE | |||
Cash From Operating Activities | -$3.053M | -997.0K | -$6.118M |
Cash From Investing Activities | -$435.0K | -1.619M | -$54.71M |
Cash From Financing Activities | $6.713M | 3.354M | $42.94M |
Net Change In Cash | $3.225M | 738.0K | -$17.89M |
YoY Change | -143.4% | -113.28% | -334.53% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.053M | -$997.0K | -$6.118M |
Capital Expenditures | $860.0K | $1.779M | $63.68M |
Free Cash Flow | -$3.913M | -$2.776M | -$69.80M |
YoY Change | -114.61% | -107.3% | -231.92% |
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CY2022Q4 | us-gaap |
Assets
Assets
|
84961000 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
117694000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3548000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2958000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2721000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2859000 | usd |
CY2022Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
350000 | usd |
CY2021Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
1000000 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
11737000 | usd |
CY2021Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
7121000 | usd |
CY2022Q4 | SLNH |
Current Portion Of Debt
CurrentPortionOfDebt
|
10546000 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
453000 | usd |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
316000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
161000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
184000 | usd |
CY2021Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2000 | usd |
CY2021Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
1243000 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
29516000 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
15683000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
203000 | usd |
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
509000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
84000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
237000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
8886000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
10277000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
38689000 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
26706000 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
19712722 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
18694206 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14769699 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
13754206 | shares |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
20000 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
15000 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
277410000 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
227790000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-221769000 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-123054000 | usd |
CY2022Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1018516 | shares |
CY2021Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1015493 | shares |
CY2022Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13798000 | usd |
CY2021Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
13764000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41866000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
90988000 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
4406000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
46272000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
90988000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
84961000 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
117694000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
28547000 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
14345000 | usd |
CY2022 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
14281000 | usd |
CY2021 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
3504000 | usd |
CY2022 | SLNH |
Depreciation Costs Associated With Cryptocurrency Mining
DepreciationCostsAssociatedWithCryptocurrencyMining
|
18708000 | usd |
CY2021 | SLNH |
Depreciation Costs Associated With Cryptocurrency Mining
DepreciationCostsAssociatedWithCryptocurrencyMining
|
2122000 | usd |
CY2022 | SLNH |
Cost Of Cryptocurrency Mining Revenue
CostOfCryptocurrencyMiningRevenue
|
32989000 | usd |
CY2021 | SLNH |
Cost Of Cryptocurrency Mining Revenue
CostOfCryptocurrencyMiningRevenue
|
5626000 | usd |
CY2022 | SLNH |
Cost Of Data Hosting Revenue
CostOfDataHostingRevenue
|
3517000 | usd |
CY2021 | SLNH |
Cost Of Data Hosting Revenue
CostOfDataHostingRevenue
|
2444000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
19203000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9170000 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
9506000 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1581000 | usd |
CY2022 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
28709000 | usd |
CY2021 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
10751000 | usd |
CY2022 | SLNH |
Impairment On Equity Investment
ImpairmentOnEquityInvestment
|
750000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
47372000 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-84790000 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4476000 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
8375000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
1879000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-11130000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-4089000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
22000 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
11000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-108362000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6344000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1346000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
44000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-107016000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-6388000 | usd |
CY2022 | SLNH |
Gain On Sale Of Instruments
GainOnSaleOfInstruments
|
7751000 | usd |
CY2022 | us-gaap |
Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax
|
7921000 | usd |
CY2021 | us-gaap |
Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax
|
1087000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
|
-40000 | usd |
CY2022 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
7921000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
1127000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-99095000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5261000 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-380000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-98715000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5261000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-7.42 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.59 | |
CY2022 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
0.53 | |
CY2021 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
0.09 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.89 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.50 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14982510 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11840242 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5916000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5261000 | usd |
CY2021 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
630000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2021000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
25057000 | usd |
CY2021 | SLNH |
Stock Issued During Period Issuance Of Shares Stock Offering
StockIssuedDuringPeriodIssuanceOfSharesStockOffering
|
15403000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
102000 | usd |
CY2021 | SLNH |
Stock Issued During Period Value Warrant Exercised
StockIssuedDuringPeriodValueWarrantExercised
|
4793000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1377000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
1917000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
7037000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
33000000 | usd |
CY2021 | SLNH |
Stock Issued During Period Value Issuance Restricted Stock Award Gross
StockIssuedDuringPeriodValueIssuanceRestrictedStockAwardGross
|
256000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
90988000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-99095000 | usd |
CY2022 | SLNH |
Preferred Dividends Distribution Series A
PreferredDividendsDistributionSeriesA
|
-3852000 | usd |
CY2022 | SLNH |
Preferred Dividends Series B
PreferredDividendsSeriesB
|
-236000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3857000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9751000 | usd |
CY2022 | SLNH |
Stock Issued During Period Issuanceof Common Value Offering
StockIssuedDuringPeriodIssuanceofCommonValueOffering
|
1583000 | usd |
CY2022 | SLNH |
Stock Issued During Period Value Securities Purchase Offering Value
StockIssuedDuringPeriodValueSecuritiesPurchaseOfferingValue
|
769000 | usd |
CY2022 | SLNH |
Stock Issued During Period Value Warrant Exercised
StockIssuedDuringPeriodValueWarrantExercised
|
779000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
3295000 | usd |
CY2022 | SLNH |
Stock Issued During Period Value Series B Preferred Offering
StockIssuedDuringPeriodValueSeriesBPreferredOffering
|
4994000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
153000 | usd |
CY2022 | SLNH |
Stock Issued During Period Value Issuance Restricted Stock Award Gross
StockIssuedDuringPeriodValueIssuanceRestrictedStockAwardGross
|
36000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
13895000 | usd |
CY2022 | SLNH |
Treasury Shares Conversion
TreasurySharesConversion
|
-34000 | usd |
CY2022 | SLNH |
Stock Issued During Surrender Of Warrants For Common Shares
StockIssuedDuringSurrenderOfWarrantsForCommonShares
|
-346000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
14948000 | usd |
CY2022 | SLNH |
Issuance Of Common Shares In Relation To Preferred Offering
IssuanceOfCommonSharesInRelationToPreferredOffering
|
1000 | usd |
CY2022 | us-gaap |
Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
4786000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
46272000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-99095000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5261000 | usd |
CY2022 | SLNH |
Gain On Sale Of Instruments
GainOnSaleOfInstruments
|
7751000 | usd |
CY2022 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-7921000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-1127000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-107016000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-6388000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
18731000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
2124000 | usd |
CY2022 | us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
9483000 | usd |
CY2021 | us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
1579000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3673000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1941000 | usd |
CY2022 | SLNH |
Share Based Compensation Consultant
ShareBasedCompensationConsultant
|
179000 | usd |
CY2021 | SLNH |
Share Based Compensation Consultant
ShareBasedCompensationConsultant
|
104000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
1388000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-41000 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
47372000 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
202000 | usd |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
169000 | usd |
CY2022 | SLNH |
Impairment On Equity Investment
ImpairmentOnEquityInvestment
|
750000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-11130000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
6538000 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1876000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-4089000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-211000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
471000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-146000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
956000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
29000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
812000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
553000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2765000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
137000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
316000 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-197000 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-156000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-308000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
306000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-374000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2197000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6118000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4635000 | usd |
CY2022 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
369000 | usd |
CY2021 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
917000 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
63684000 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
45792000 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
76000 | usd |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1567000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2605000 | usd |
CY2022 | SLNH |
Deposits Of Equipment Net
DepositsOfEquipmentNet
|
-6441000 | usd |
CY2021 | SLNH |
Deposits Of Equipment Net
DepositsOfEquipmentNet
|
9909000 | usd |
CY2021 | SLNH |
Registration Fees In Prepaids And Accounts Payable
RegistrationFeesInPrepaidsAndAccountsPayable
|
-200000 | usd |
CY2021 | SLNH |
Termination Shares Issued In Conjunction With Merger For Intangible Assets
TerminationSharesIssuedInConjunctionWithMergerForIntangibleAssets
|
1917000 | usd |
CY2021 | SLNH |
Warrants Exercised Prior To Yearend Not Received Until Subsequent Period
WarrantsExercisedPriorToYearendNotReceivedUntilSubsequentPeriod
|
206000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-54714000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-57268000 | usd |
CY2022 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
9084000 | usd |
CY2021 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
-37000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
16658000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
27965000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
2858000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
17250000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
|
30543000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Medium Term Notes
ProceedsFromIssuanceOfMediumTermNotes
|
15000000 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
1910000 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
2707000 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
504000 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
1847000 | usd |
CY2022 | us-gaap |
Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
|
2078000 | usd |
CY2021 | us-gaap |
Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
|
1338000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
3852000 | usd |
CY2021 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
630000 | usd |
CY2021 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1000000 | usd |
CY2022 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
4491000 | usd |
CY2022 | us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
4786000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
153000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
102000 | usd |
CY2022 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
779000 | usd |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
4586000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
42942000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
59381000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-17890000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
6748000 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9453000 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
880000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10258000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2630000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1821000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10258000 | usd |
CY2022 | SLNH |
Noncash Equipment Financing
NoncashEquipmentFinancing
|
4620000 | usd |
CY2022 | SLNH |
Interest Paid On Loans And Line Of Credit
InterestPaidOnLoansAndLineOfCredit
|
1311000 | usd |
CY2021 | SLNH |
Interest Paid On Loans And Line Of Credit
InterestPaidOnLoansAndLineOfCredit
|
6000 | usd |
CY2022 | SLNH |
Proceed Receivable From Sale Of Instruments
ProceedReceivableFromSaleOfInstruments
|
-295000 | usd |
CY2022 | SLNH |
Notes Converted To Common Stock
NotesConvertedToCommonStock
|
3295000 | usd |
CY2022 | SLNH |
Warrant Consideration In Relation To Promissory Notes And Convertible Notes
WarrantConsiderationInRelationToPromissoryNotesAndConvertibleNotes
|
14602000 | usd |
CY2022 | SLNH |
Promissory Note Conversion To Preferred Shares Value
PromissoryNoteConversionToPreferredSharesValue
|
15236000 | usd |
CY2022 | SLNH |
Noncash Proceed On Sale Of Equipment
NoncashProceedOnSaleOfEquipment
|
210000 | usd |
CY2021 | SLNH |
Purchase Of Miner Equipment Using Restricted Stock
PurchaseOfMinerEquipmentUsingRestrictedStock
|
-207000 | usd |
CY2021 | SLNH |
Share Consideration In Relation To Contract
ShareConsiderationInRelationToContract
|
33000000 | usd |
CY2021 | us-gaap |
Subsidiary Or Equity Method Investee Deferred Income Tax Provision On Cumulative Gain Loss Recognized Amount
SubsidiaryOrEquityMethodInvesteeDeferredIncomeTaxProvisionOnCumulativeGainLossRecognizedAmount
|
10934000 | usd |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_803_eus-gaap--NatureOfOperations_zVQHZ5mDHl5a" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_820_z1HAJzSHdIEi">Nature of Operations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Description of Business</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Unless the context requires otherwise in these notes to the consolidated financial statements, the terms “SHI,” the “Company,” “we,” “us,” and “our” refer to Soluna Holdings, Inc. together with its consolidated subsidiaries, “SCI” refers to Soluna Computing, Inc, formerly known as EcoChain, Inc., and “MTI Instruments” refers to MTI Instruments, Inc..</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soluna Holdings, Inc., formerly known as Mechanical Technology, Incorporated was incorporated in Nevada on March 24, 2021, and is the successor to Mechanical Technology, Inc., which was incorporated in the State of New York in 1961, as a result of a merger which became effective on March 29, 2021, and is headquartered in Albany, New York. Effective November 2, 2021, the Company changed its name from “Mechanical Technology, Incorporated” to “Soluna Holdings, Inc.”</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SHI currently conducts our business through our wholly-owned subsidiary, Soluna Computing, Inc. (“SCI”). SCI is engaged in mining of cryptocurrency through data centers that can be powered by renewable energy sources. Recently, SCI has built modular data centers that are used for cryptocurrency mining though proprietary mining and hosting business models. SCI intends to continue to develop and build, modular data centers that use wasted renewable energy for cryptocurrency mining and in the future can be used for intensive, batchable computing applications, such as artificial intelligence and machine learning, with the goal of providing a cost-effective alternative to battery storage or transmission lines. Headquartered in Albany, New York, the Company uses technology and intentional design to solve complex, real-world challenges.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">SCI was incorporated in Delaware on January 8, 2020 as EcoChain, Inc., which operates cryptocurrency mining facilities that performs proprietary mining and data hosting services that integrates with the cryptocurrency blockchain network. Through the October 2021 acquisition by EcoChain, Inc. of an entity at the time named Soluna Computing, Inc., SCI also has a pipeline of certain cryptocurrency mining projects previously owned by Harmattan Energy, Ltd. (“HEL”) (formerly known as Soluna Technologies, Ltd.), a Canadian corporation incorporated under the laws of the Province of British Colombia that develops vertically-integrated, utility-scale computing facilities focused on cryptocurrency mining and cutting-edge blockchain applications. Following such acquisition, on November 15, 2021, SCI completed its conversion and redomicile to Nevada and changed its name from “EcoChain, Inc.” to “Soluna Computing, Inc.”. The following day, the acquired entity, Soluna Computing, Inc., changed its name to “Soluna Callisto Holdings Inc.” (“Soluna Callisto”). We earn revenue from this business as the mined cryptocurrencies are converted into U.S. dollars. In fiscal year 2021, SCI began mining operations in Murray, Kentucky, (“Project Sophie”) and Calvert City, Kentucky, (“Project Marie”). Project Marie had performed hosting services and proprietary mining in which 10 megawatts were used for hosting services and 10 megawatts was used for proprietary mining through the end of February 2023, at which time the facility had shut down. Project Sophie currently operates fully on proprietary mining with a capacity of 25 megawatts. On September 17, 2022, SCI sold specified assets consisting mainly of mining equipment and other general equipment items to a buyer at its Wenatchee, Washington location, (“Project Edith”). Soluna has committed to providing certain facilities contracts at cost plus a markup to facilitate the continued operations for the sold mining assets, on behalf of the new ownership. We have a development site in Texas (“Project Dorothy”) for a potential of up to 100 megawatts to be built at a wind farm with initial energization of 50 megawatts, in which the Company has obtained approval from the ERCOT and expects to begin energization in fiscal year 2023. The Company as of December 31, 2022, has a <span id="xdx_901_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--SolunaDVSLComputeCoLLCMember_zip7M4lUhos8" title="Ownership percentage">67.8</span>% ownership interest in Soluna DVSL ComputeCo, LLC (“DVSL”) in which is included within the Project Dorothy site, as discussed further in Note 18, and subsequent to year-end, had a reduction in ownership to <span id="xdx_909_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--SolunaDVSLComputeCoLLCMember__srt--RangeAxis__srt--MinimumMember_zGNUFoJMhWb8" title="Ownership percentage">15</span>% as discussed further in Note 20.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Until the Sale (as defined below), we also operated though our wholly owned subsidiary, MTI Instruments, an instruments business engaged in the design, manufacture and sale of vibration measurement and system balancing solutions, precision linear displacement sensors, instruments and system solutions, and wafer inspection tools. MTI Instruments was incorporated in New York on March 8, 2000. MTI Instruments’ products consisted of engine vibration analysis systems for both military and commercial aircraft and electronic gauging instruments for position, displacement and vibration application within the industrial manufacturing markets, as well as in the research, design and process development markets. These systems, tools and solutions were developed for markets and applications that require consistent operation of complex machinery and the precise measurements and control of products, processes, and the development and implementation of automated manufacturing and assembly. On December 17, 2021, we announced that we had entered into a non-binding letter of intent with a potential buyer (the “Buyer”) regarding the potential sale of MTI Instruments (the “LOI”) to an unrelated third party. Pursuant to the LOI, the Buyer would acquire <span id="xdx_908_ecustom--PercentageOfIssuedAndOutstandingCommonStock_dp_uPure_c20211216__20211217__srt--ConsolidatedEntitiesAxis__custom--MTIMember_zS3uUTzgkHCc" title="Percentage of issued and outstanding common stock">100</span>% of the issued and outstanding common stock of MTI Instruments. As a result of the foregoing, the MTI Instruments business was reported as discontinued operations in our consolidated financial statements as of December 31, 2021 and prior periods included in our Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 31, 2022 (the “Prior Year Annual Report”), as well as in these consolidated financial statements as of December 31, 2022. On April 11, 2022, we consummated the Sale, MTI Instruments ceased to be our wholly-owned subsidiary and, as a result, we have exited the instruments business. See Note 14 for additional information on the Sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 11, 2022, SHI entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with NKX Acquiror, Inc. (the “Purchaser”), pursuant to which the Company sold on such date all of the issued and outstanding shares of capital stock of its wholly-owned subsidiary, MTI Instruments, for approximately $<span id="xdx_90B_eus-gaap--Cash_iI_pn5n6_c20220411__srt--ConsolidatedEntitiesAxis__custom--MTIMember_zXAkHVxgzJLb" title="Cash">9.4</span> million in cash, subject to certain adjustments as set forth in the Stock Purchase Agreement (the “Sale”). The consideration paid by the Purchaser to the Company was based on an aggregate enterprise value of approximately $<span id="xdx_90F_ecustom--ConsiderationPaidByPurchase_pn4n6_c20220410__20220411_zJj6yP5HDaV" title="Consideration paid by purchase">10.75</span> million. The Company recognized a gain on sale of approximately $<span id="xdx_903_eus-gaap--GainLossOnDispositionOfAssets1_pn5n6_c20220410__20220411_zneUFw3LzYsb" title="Gain loss on disposition of assets">7.8</span> million.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Going Concern and Liquidity</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s financial statements as of December 31, 2022 have been prepared using generally accepted accounting principles in the United States of America (“U.S. GAAP”) applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. As shown in the accompanying financial statements, the Company did not generate sufficient revenue to generate net income and has negative working capital as of December 31, 2022. In addition, the Company has seen a decline in the price of Bitcoin, especially in the second and third quarters of fiscal year 2022 due its volatility, which had a material and negative impact to our operations, however, did some improvement in the fourth quarter of 2022. These factors, among others indicate that there is substantial doubt about the Company’s ability to continue as a going concern within one year after issuance of these financial statements as of December 31, 2022, or March 31, 2023.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. In the near term, management is evaluating and implementing different strategies to obtain financing to fund the Company’s expenses and growth to achieve a level of revenue adequate to support the Company’s current cost structure. Financing strategies may include, but are not limited to, stock issuances, project level equity, debt borrowings, partnerships and/or collaborations. If the Company is unable to meet its financial obligations, it could be forced to restructure or refinance, seek additional equity capital or sell its assets. The Company might then be unable to obtain such financing or capital or sell its assets on satisfactory terms. There can be no assurance that additional financing will be available to the Company when needed or, if available, that it can be obtained on commercially reasonable terms. If the Company is not able to obtain the additional financing on a timely basis, if and when it is needed, it will be forced to delay or scale down some or all of its development activities or perhaps even cease the operation of its business.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In addition, as discussed above and further in Notes 16, and 17, the Company sold the MTI Instruments business in April 2022 to focus on developing and monetizing green, zero-carbon computing and cryptocurrency mining facilities. The Company received approximately $<span id="xdx_90A_ecustom--ReceivedInCash_iI_pn5n6_c20220430_zhJOoqyMqpCe" title="Received in cash">9.0</span> million in cash, net of transaction costs, from the Sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To further implement management’s strategy, the Company entered into transactions to (i) recapitalize and negotiate revised terms with senior secured lenders, which released collateral (thus enabling execution of the project financing strategy), (ii) provide a means for Noteholders (as defined in Note 9) to reduce the Company’s debt through the equity markets, and (iii) issue and sell $<span id="xdx_908_ecustom--PreferredStockIssuedAndSold_iI_pn5n6_c20221231_zbCVIdmbr275" title="Preferred stock issued and sold">5.0</span> million in a new series of preferred stock. In addition, in May 2022, SCI entered into a structural understanding with Soluna SLC Fund I Projects Holdco LLC (“Spring Lane”), a Delaware limited liability company, pursuant to which Spring Lane agreed to provide up to $<span id="xdx_90D_eus-gaap--ProceedsFromLoanOriginations1_pn5n6_c20220501__20220531__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember__srt--RangeAxis__srt--MaximumMember_z3mdmhLh6vug" title="Amount in project financing">35.0</span> million in project financing subject to various milestones and conditions precedent; following the recapitalization and restructuring discussed above, and in August 2022, the Company entered into an agreement with Spring Lane for an initial funding of up to $<span id="xdx_905_ecustom--InitialFundingAmount_iI_pn5n6_c20220831__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember__srt--RangeAxis__srt--MaximumMember_z7qX7B1jM2b3" title="Initial funding amount">12.5</span> million from the previously agreed-upon $<span id="xdx_906_eus-gaap--OtherCommitment_iI_pn5n6_c20220831__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember_zU7sNvNDbb29" title="Commitment">35.0</span> million commitment from Spring Lane for Project Dorothy for a <span id="xdx_906_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20220831__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--SpringLaneMember_zK8mylF9ER65" title="Ownership percentage">32</span>% ownership as of year-end. As of December 31, 2022, the Company had received approximately $<span id="xdx_904_eus-gaap--ProceedsFromContributionsFromParent_pn5n6_c20220101__20221231__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember_zFuHfCAxNGDh" title="Proceeds from contributions">4.8</span> million worth of contributions from Spring Lane. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #222222"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soluna MC Borrowing 2021-1, <span style="background-color: white">received a Notice of Acceleration and Repossession (the “NYDIG Notice”) from NYDIG ABL LLC (“NYDIG”) with respect to the Master Equipment Finance Agreement, dated as of December 30, 2021 (the “MEFA”), by and between Borrower and NYDIG. The obligations of Borrower under the MEFA and reflected in the NYDIG Notice were ring-fenced to Borrower and its direct parent company, Soluna MC LLC. The approximate aggregate principal and interest outstanding under the MEFA and the Loan Documents as of end of the year were approximately $<span id="xdx_908_eus-gaap--DebtInstrumentFaceAmount_iI_pn5n6_c20211231__us-gaap--TypeOfArrangementAxis__custom--MasterEquipmentFinanceAgreementMember_zPEf0SY7z0V2">10.8 </span></span></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">million. On February 23, 2023, NYDIG proceeded to foreclose on all of the collateral securing the MEFA, which resulted in a reportable disposition of all of the Company’s mining assets at the site and certain of the operating assets of Project Marie. The total net book value of the collateralized assets that were repossessed totaled $<span id="xdx_90D_ecustom--AssetsRepossessedTotal_iI_pn5n6_c20211231__us-gaap--TypeOfArrangementAxis__custom--MasterEquipmentFinanceAgreementMember_z0bJ8rhePwBa" title="Assets repossessed total">3.5</span> million. Additionally, NDYIG has stated its intention to pursue SCI, the parent company of Guarantor, under a piercing of the corporate veil claim relating to Defendants’ debts and liabilities under the loan documents. SCI denies any such liability and has filed a complaint for a declaratory judgment against NYDIG in the Eighth Judicial District Court in Clark County, Nevada on March 16, 2023 seeking a declaratory judgment as to such matter.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In October 2022, the Company issued a convertible promissory note to Spring Lane (the “Spring Lane Note”) with an aggregate principal amount of $<span id="xdx_90F_eus-gaap--DebtInstrumentFaceAmount_iI_pn3n3_c20221031__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember_z7vbvRR68Ph4" title="Aggregate principal amount">850</span> thousand. Upon closing of the October 2022 Offering, the Company issued to Spring Lane an aggregate of <span id="xdx_905_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20221001__20221031__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zw68zbfZeq2g" title="Share issued">593,065</span> shares of common stock upon the automatic conversion of the Spring Lane Note, equal to the aggregate principal amount of $<span id="xdx_90F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20221031__srt--ConsolidatedEntitiesAxis__custom--SpringLaneMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zxMgF5iHpRE5" title="Aggregate principal amount">850,000</span> and accrued and unpaid interest thereon at the same price per share as the October 2022 Offering noted below. On October 24, 2022, the Company entered into an Underwriting Agreement with Univest Securities, LLC in connection with the offer and sale to such underwriter, in a firm commitment public offering of <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20221024__20221024__us-gaap--TypeOfArrangementAxis__custom--UnderwritingAgreementMember_zOnvnomrMvT9" title="Share issued">1,388,889</span> shares of the Company’s common stock, par value $<span id="xdx_905_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20221024_zLbm3mShsL1f" title="Common stock par value">0.001</span> per share at a price to the public of $<span id="xdx_907_eus-gaap--SharesIssuedPricePerShare_iI_c20221024__us-gaap--TypeOfArrangementAxis__custom--UnderwritingAgreementMember_zI8rppwpGthh" title="Share price">1.44</span> per share (“October 2022 Offering”). The aggregate gross proceeds were approximately $<span id="xdx_90A_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_pn5n6_c20221024__20221024_zUAsvhRreEl2" title="Gross proceeds">2.0</span> million before deducting underwriting discounts and commissions of <span id="xdx_901_ecustom--DiscountAndCommissionsPercentage_dp_c20221024__20221024__us-gaap--TypeOfArrangementAxis__custom--UnderwritingAgreementMember_zjYc20dFq9Tl" title="Discount and commissions percentage">8.0</span>% ($<span id="xdx_901_eus-gaap--PaymentsOfStockIssuanceCosts_pn4n6_c20221024__20221024__us-gaap--TypeOfArrangementAxis__custom--UnderwritingAgreementMember_zzFOfWupUXMf" title="Other offering fee">0.16</span> million) and other offering fees and expenses, resulting in aggregate net proceeds to the Company of approximately $<span id="xdx_905_eus-gaap--ProceedsFromRepaymentsOfDebt_pn5n6_c20221024__20221024__us-gaap--TypeOfArrangementAxis__custom--UnderwritingAgreementMember_zECWFDx5Wz6k" title="Aggregate gross proceed">1.6</span> million.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #222222"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">On December 5, 2022, the Company entered into a securities purchase agreement with the purchasers named therein of <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20221205__20221205__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zshtZuyt0MNc" title="Issuance of shares - securities purchase offering, shares">1,125,000</span> shares of the Company’s common stock, par value $<span id="xdx_906_eus-gaap--CommonStockParOrStatedValuePerShare_iI_pid_c20221205__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z9cMY3hmWGNa" title="Common stock, par value">0.001</span> per share and associated warrants to purchase up to <span id="xdx_90A_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_pid_c20221205__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zrHdYEppTYxc" title="Warrants to purchase shares">2,250,000</span> shares of common stock at a price of $<span id="xdx_90D_eus-gaap--SharePrice_iI_pid_c20221205__us-gaap--TypeOfArrangementAxis__custom--SecuritiesPurchaseAgreementMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_zA1AYbvxdToj" title="Shares price">0.76</span> per share and associated Warrants, with the investors in the Offering having the right to purchase additional shares of Common Stock and related warrants in up to two subsequent placements (“December Offering”). </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Subsequent to year-end, the Company has entered into six separate promissory notes for a total of $<span id="xdx_90D_eus-gaap--NotesPayable_iI_pn3n3_c20230101__us-gaap--DebtInstrumentAxis__custom--SixSeparatePromissoryNotesMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zcKMCVJ99KXg">900 </span></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">thousand at an interest rate of <span id="xdx_903_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_c20230101__us-gaap--DebtInstrumentAxis__custom--SixSeparatePromissoryNotesMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zPl9B8OV9Gd2">15%</span></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">. In March, 2023, we retired two of these promissory notes for a total of $<span id="xdx_909_eus-gaap--NotesPayable_iI_pn3n3_c20230101__us-gaap--DebtInstrumentAxis__custom--NotesPaybleOneMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zUo0KCHY4AXa" title="Notes payable">300</span> thousand, leaving $<span id="xdx_90D_eus-gaap--NotesPayable_iI_pn3n3_c20230101__us-gaap--DebtInstrumentAxis__custom--NotesPaybleTwoMember__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zJMQs9EgCtV3" title="Notes payable">600</span> thousand still outstanding, using proceeds from a subsequent placement of the aforementioned December Offering.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><span id="xdx_90D_eus-gaap--EquityMethodInvestmentDescriptionOfPrincipalActivities_c20230101__20230101__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--SpringLaneMember_zCgJjFaa8cd3" title="Equity method investment, description of principal activities">Also, beginning in February and concluding on March 10, 2023 the Company entered into a series of Purchase and Sale Agreements with Spring Lane for a total purchase price of $7.5 million for the sale of Series B membership interests owned by SHI. The capital was funded and used to help complete the substation interconnection and the final stages of Project Dorothy, Soluna’s flagship project in West Texas, and corporate operations and general expenses of Soluna. In this series of transactions, Spring Lane increased its stake in Soluna DVSL ComputeCo from approximately 32% to 85% and reduced SCI’s ownership from 68% to 15%</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In addition to the proceeds from the foregoing transactions and together with the Company’s cash on hand for available use of approximately $<span id="xdx_90F_eus-gaap--Cash_iI_pn5n6_c20221231_zgQErkZ1F1Pc" title="Cash">1.1</span> million as of December 31, 2022, the Company will need additional capital raising activities, to meet its outstanding commitments relating to capital expenditures as of December 31, 2022 of $<span id="xdx_90C_ecustom--CapitalExpenditures_iI_pn5n6_c20221231_zLddMHJW5nLl" title="Capital expenditures">0.9</span> million and other operational needs, as well as additional needs during 2023 and management continues to evaluate different strategies to obtain financing to fund operations. However, management cannot provide any assurances that the Company will be successful in accomplishing additional financing or any of its other plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The COVID-19 <span style="background-color: white">global pandemic has been unprecedented and unpredictable, and the impact is likely to continue to result in significant national and global economic disruption, which may adversely affect our business. Although the Company has experienced some minor changes to our miner shipments due to disruptions in the global supply chain, the Company does not expect any material impact on our long-term strategic plans, our operations, or our liquidity due to the impacts of COVID-19. </span>Further, v<span style="background-color: white">arious macroeconomic factors could adversely affect our business and the results of our operations and financial condition, including changes in inflation, interest rates and overall economic conditions. For instance, inflation could negatively impact the Company by increasing our labor costs, through higher wages and higher interest rates. If inflation or other factors were to significantly increase our business costs, our ability to develop our current projects may be negatively affected. Interest rates, the liquidity of the credit markets and the volatility of the capital markets could also affect the operation of our business and our ability to raise capital in order to fund our operations. However, the Company is actively monitoring this situation and the possible effects on our financial condition, liquidity, operations, suppliers, and the industry.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/> </p> | |
CY2022Q2 | SLNH |
Consideration Paid By Purchase
ConsiderationPaidByPurchase
|
10750000 | usd |
CY2022Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
7800000 | usd |
CY2022Q2 | SLNH |
Received In Cash
ReceivedInCash
|
9000000.0 | usd |
CY2022Q4 | SLNH |
Preferred Stock Issued And Sold
PreferredStockIssuedAndSold
|
5000000.0 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
2000000.0 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
1100000 | usd |
CY2022Q4 | SLNH |
Capital Expenditures
CapitalExpenditures
|
900000 | usd |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_845_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zwH106EQPdI6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_864_zKwvkFzDoVLj">Reclassification</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations or net assets. The reclassifications relate to the presentation of discontinued operations-held for sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
630000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
38730000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
90988000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
90988000 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_840_eus-gaap--UseOfEstimates_zoytiJiPUwS5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_866_z9MrcvhaIAP7">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”), which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2021Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
0 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
44000000 | usd |
CY2022 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P5Y | |
CY2022 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P5Y | |
CY2022 | SLNH |
Impairment On Equity Investment
ImpairmentOnEquityInvestment
|
750000 | usd |
CY2022 | us-gaap |
Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
|
0.678 | pure |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
47362000 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1496000 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2765000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
42504000 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
44597000 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
18700000 | usd |
CY2022 | us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
33000000 | usd |
CY2022 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
3500000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Deposits On Flight Equipment
DepositsOnFlightEquipment
|
1200000 | usd |
CY2021Q4 | us-gaap |
Deposits On Flight Equipment
DepositsOnFlightEquipment
|
10200000 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
2100000 | usd |
CY2022 | SLNH |
Repair And Maintenance Expenses
RepairAndMaintenanceExpenses
|
76000 | usd |
CY2021 | SLNH |
Repair And Maintenance Expenses
RepairAndMaintenanceExpenses
|
77000 | usd |
CY2022 | SLNH |
Loss Of Miners Disposal
LossOfMinersDisposal
|
4100000 | usd |
CY2022 | SLNH |
Net Book Value
NetBookValue
|
6900000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
|
2800000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
685000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84B_eus-gaap--ConcentrationRiskCreditRisk_zxOwtWLyTab4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_863_zgprcG7d120k">Concentration of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that subject the Company to concentrations of credit risk principally consist of cash equivalents and trade accounts receivable. The Company’s trade accounts receivable are from data hosting revenue with the Company’s customers throughout the year. The Company does not require collateral and has not historically experienced significant credit losses related to receivables from individual customers or groups of customers in any particular industry or geographic area. The Company requires that hosting customers make a prepayment of the next month’s estimated expenses or make a security deposit to the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has cash deposits in excess of federally insured limits but does not believe them to be at risk.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
320000 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
531000 | usd |
CY2022Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
247000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
39400000 | usd |
CY2021Q4 | us-gaap |
Termination Loans
TerminationLoans
|
1900000 | usd |
CY2022Q4 | SLNH |
Merger Shares Reduce
MergerSharesReduce
|
2970000 | shares |
CY2021Q4 | SLNH |
Fair Value Of Merger Consideration
FairValueOfMergerConsideration
|
33000000.0 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
47495000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
11063000 | usd |
CY2022Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
36432000 | usd |
CY2021Q4 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
47418000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1579000 | usd |
CY2021Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
45839000 | usd |
CY2022 | us-gaap |
Other Expenses
OtherExpenses
|
9500000 | usd |
CY2021 | us-gaap |
Other Expenses
OtherExpenses
|
1600000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
9482000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
9482000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
9482000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
7903000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
5000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
78000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
36432000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
44000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1390000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
41000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1346000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
44000 | usd |
CY2022 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-12760000 | usd |
CY2021 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-574000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Net Operating Loss Carryforwards
DeferredTaxAssetsNetOperatingLossCarryforwards
|
7361000 | usd |
CY2021 | SLNH |
Deferred Tax Assets Net Operating Loss Carryforwards
DeferredTaxAssetsNetOperatingLossCarryforwards
|
1589000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Valuation Allowances
DeferredTaxAssetsValuationAllowances
|
18731000 | usd |
CY2021 | SLNH |
Deferred Tax Assets Valuation Allowances
DeferredTaxAssetsValuationAllowances
|
2204000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1390000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
41000 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.17 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.35 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.01 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.02 | pure |
CY2022 | SLNH |
Effective Income Tax Rate Reconciliation Nondeductible Loss On Extinguishment Of Debt
EffectiveIncomeTaxRateReconciliationNondeductibleLossOnExtinguishmentOfDebt
|
0.02 | pure |
CY2021 | SLNH |
Effective Income Tax Rate Reconciliation Change In Utp
EffectiveIncomeTaxRateReconciliationChangeInUTP
|
0.09 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
|
0.01 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.01 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.02 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.01 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.01 | pure |
CY2022Q4 | SLNH |
Deferred Tax Assets Accruals And Reserves
DeferredTaxAssetsAccrualsAndReserves
|
251000 | usd |
CY2021Q4 | SLNH |
Deferred Tax Assets Accruals And Reserves
DeferredTaxAssetsAccrualsAndReserves
|
76000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
19137000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
11777000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
10093000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
996000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
278000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
174000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
144000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
30651000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12275000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
30651000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11921000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
354000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
61000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
8886000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
10570000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
8886000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
10631000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
8886000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
10277000 | usd |
CY2022Q4 | us-gaap |
Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
|
10900000 | usd |
CY2022Q4 | SLNH |
Incremental Tax Benefit
IncrementalTaxBenefit
|
18700000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
30700000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
11900000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11921000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
9717000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Valuation Allowance Net Operating Loss Income
DeferredTaxAssetsValuationAllowanceNetOperatingLossIncome
|
7361000 | usd |
CY2021 | SLNH |
Deferred Tax Assets Valuation Allowance Net Operating Loss Income
DeferredTaxAssetsValuationAllowanceNetOperatingLossIncome
|
2179000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Valuation Allowance Property Plant Equipment
DeferredTaxAssetsValuationAllowancePropertyPlantEquipment
|
10093000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Valuation Allowance Stock Options
DeferredTaxAssetsValuationAllowanceStockOptions
|
996000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Valuation Allowance Research And Development Credit
DeferredTaxAssetsValuationAllowanceResearchAndDevelopmentCredit
|
30000 | usd |
CY2021 | SLNH |
Deferred Tax Assets Valuation Allowance Research And Development Credit
DeferredTaxAssetsValuationAllowanceResearchAndDevelopmentCredit
|
25000 | usd |
CY2022 | SLNH |
Deferred Tax Assets Valuation Allowance Accrued Expenses
DeferredTaxAssetsValuationAllowanceAccruedExpenses
|
251000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
30651000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11921000 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
52000000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q3 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
1100000 | usd |
CY2022Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
293350 | shares |
CY2022Q3 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
3.75 | |
CY2022Q3 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
12800000 | usd |
CY2021Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
1092000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
11737000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
7121000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.08 | pure |
CY2022Q4 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2023-04-25 | |
CY2022Q4 | us-gaap |
Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
|
0.18 | pure |
CY2022Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
520241 | usd |
CY2022Q3 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
13006022 | usd |
CY2022Q3 | us-gaap |
Escrow Deposit
EscrowDeposit
|
1000000.0 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
178000 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
611000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
363000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
363000 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
214000 | usd |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
363000 | usd |
CY2021Q4 | SLNH |
Sales Tax Accrual
SalesTaxAccrual
|
248000 | usd |
CY2021Q4 | SLNH |
Development Fees
DevelopmentFees
|
373000 | usd |
CY2022Q4 | SLNH |
Hosting And Utility Fees
HostingAndUtilityFees
|
626000 | usd |
CY2021Q4 | SLNH |
Hosting And Utility Fees
HostingAndUtilityFees
|
626000 | usd |
CY2022Q4 | us-gaap |
Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
|
477000 | usd |
CY2022Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
243000 | usd |
CY2022Q4 | SLNH |
Construction Fees
ConstructionFees
|
590000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
30000 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
275000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2721000 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2859000 | usd |
CY2022 | us-gaap |
Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
|
0.18 | pure |
CY2022Q4 | us-gaap |
Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
|
12254000 | usd |
CY2021Q4 | us-gaap |
Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
|
14927000 | usd |
CY2021Q4 | us-gaap |
Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
|
967000 | usd |
CY2022Q4 | SLNH |
Debt Instrument Lessdiscount From Issuance Of Warrants
DebtInstrumentLessdiscountFromIssuanceOfWarrants
|
475000 | usd |
CY2021Q4 | SLNH |
Debt Instrument Lessdiscount From Issuance Of Warrants
DebtInstrumentLessdiscountFromIssuanceOfWarrants
|
5747000 | usd |
CY2022Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
42000 | usd |
CY2022Q3 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
12800000 | usd |
CY2022 | us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
892000 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
417000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
77000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
35000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
12300000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
13000000.0 | usd |
CY2022 | SLNH |
Change In Warrant Exercise Price
ChangeInWarrantExercisePrice
|
370000 | usd |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.18 | pure |
CY2022Q4 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
202000 | usd |
CY2022 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
April 25, 2023 thru January 25, 2027 | |
CY2022 | us-gaap |
Description Of Interest Rate Risk Exposure
DescriptionOfInterestRateRiskExposure
|
12% thru 15 | |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
14387000 | usd |
CY2022 | us-gaap |
Description Of Interest Rate Risk Exposure
DescriptionOfInterestRateRiskExposure
|
12% thru 15 | |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
14387000 | usd |
CY2022Q4 | SLNH |
Debt Instrument Periodic Payments
DebtInstrumentPeriodicPayments
|
3841000 | usd |
CY2022Q4 | SLNH |
Long Terms Debt Average Amount Outstanding
LongTermsDebtAverageAmountOutstanding
|
10546000 | usd |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.76 | |
CY2022 | us-gaap |
Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
|
730000 | usd |
CY2022 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
4600000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.14 | pure |
CY2022 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
9800000 | usd |
CY2021Q3 | us-gaap |
Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
|
1000000.0 | usd |
CY2021Q3 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0075 | pure |
CY2022 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.0825 | pure |
CY2021Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1000000.0 | usd |
CY2022 | us-gaap |
Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
|
650000 | usd |
CY2022Q4 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
350000 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
18694206 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
13754206 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1309789 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
830590 | shares |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
9902232 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
114725 | shares |
CY2022Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
12157336 | shares |
CY2022 | us-gaap |
Defined Benefit Plans General Information
DefinedBenefitPlansGeneralInformation
|
The Company plan allows eligible employees to contribute a percentage of their compensation on a pre-tax basis and the Company matches employee contributions, on a discretionary basis, currently in an amount equal to 100% of the first 3% and 50% of the next 2% of the employee’s salary, subject to annual tax deduction limitations | |
CY2022 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
177000 | usd |
CY2022 | SLNH |
Defined Benefit Plan Contributions By Employer Related To Discontinued Operation
DefinedBenefitPlanContributionsByEmployerRelatedToDiscontinuedOperation
|
19000 | usd |
CY2021 | us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
99000 | usd |
CY2021 | SLNH |
Defined Benefit Plan Contributions By Employer Related To Discontinued Operation
DefinedBenefitPlanContributionsByEmployerRelatedToDiscontinuedOperation
|
81000 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
0 | usd |
CY2021 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
0 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-107016000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-6388000 | usd |
CY2022 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
7921000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
1127000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-99095000 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5261000 | usd |
CY2022 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
4088000 | usd |
CY2021 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
630000 | usd |
CY2022 | SLNH |
Net Income Loss Balance
NetIncomeLossBalance
|
-103183000 | usd |
CY2021 | SLNH |
Net Income Loss Balance
NetIncomeLossBalance
|
-5891000 | usd |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3142268 | shares |
CY2021 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2105635 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14982510 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11840242 | shares |
CY2022 | SLNH |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1
|
7.22 | |
CY2022 | SLNH |
Common Stock Subject To Vest
CommonStockSubjectToVest
|
306500 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationDescriptionAndTerms
|
37% vesting 12 months from the date of the grant, 33% vesting 24 months from the date of the grant, and 30% vesting 36 months from the date of the grant, in each case subject to the reporting person remaining in the service of the Company on each such vesting date | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3852000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1941000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
1309789 | shares |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P5Y3M18D | |
CY2022Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
4.11 | |
CY2022Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
953956 | shares |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y10M13D | |
CY2022Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
3.13 | |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
0.26 | |
CY2022 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
70000 | usd |
CY2022Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P3Y11M26D | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
202000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
169000 | usd |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
202000 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
169000 | usd |
CY2022 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
197000 | usd |
CY2021 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
156000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
20000 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
131000 | usd |
CY2022 | us-gaap |
Other Commitments Description
OtherCommitmentsDescription
|
The Company has a potential contingency associated with an agreement with Spring Lane of up to $250 thousand which would be reduced by a proportion of funding received from Spring Lane up to the $35.0 million aggregate contribution cap. The Company considers the probability of a payment for the contingency to be remote. | |
CY2022Q4 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
358000000 | usd |
CY2021 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
245000 | usd |
CY2022 | SLNH |
Equity Method Investment Amount
EquityMethodInvestmentAmount
|
0 | usd |
CY2021 | SLNH |
Equity Method Investment Amount
EquityMethodInvestmentAmount
|
0 | usd |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
1799000 | usd |
CY2021 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
7147000 | usd |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
728000 | usd |
CY2021 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
2358000 | usd |
CY2022 | SLNH |
Disposal Group Including Discontinued Operation Research And Development
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopment
|
398000 | usd |
CY2021 | SLNH |
Disposal Group Including Discontinued Operation Research And Development
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopment
|
1525000 | usd |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
573000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
233000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
405000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
161000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
184000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
84000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
237000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
245000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
421000 | usd |
CY2022Q4 | SLNH |
Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
|
655000 | usd |
CY2021Q4 | SLNH |
Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
|
635000 | usd |
CY2022Q4 | SLNH |
Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
|
-422000 | usd |
CY2021Q4 | SLNH |
Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
|
-230000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
233000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
405000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y6M | |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y4M17D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0383 | pure |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0383 | pure |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
168000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
85000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
253000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
8000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
245000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
161000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
84000 | usd |
CY2021 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
2198000 | usd |
CY2021 | us-gaap |
Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
|
21000 | usd |
CY2022 | SLNH |
Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax1
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax1
|
100000 | usd |
CY2021 | SLNH |
Income Loss From Individually Significant Component Disposed Of Or Held For Sale Excluding Discontinued Operations Before Income Tax1
IncomeLossFromIndividuallySignificantComponentDisposedOfOrHeldForSaleExcludingDiscontinuedOperationsBeforeIncomeTax1
|
1087000 | usd |
CY2022 | SLNH |
Pretax Loss Gain On Sale Of Mti Instruments
PretaxLossGainOnSaleOfMtiInstruments
|
7751000 | usd |
CY2021 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
40000 | usd |
CY2022 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
7921000 | usd |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
1127000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
1189000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
|
964000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Prepaid And Other Assets Current
DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent
|
54000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
|
92000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Deferred Tax Assets
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssets
|
101000 | usd |
CY2021Q4 | SLNH |
Disposal Group Including Discontinued Operation Operating Lease Rightofuse Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseRightofuseAssets
|
628000 | usd |
CY2021Q4 | SLNH |
Assets Of Disposal Group Including Discontinued Operation Current1
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent1
|
3028000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableCurrent
|
136000 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilitiesCurrent
|
479000 | usd |
CY2021Q4 | SLNH |
Disposal Group Including Discontinued Operation Operating Lease Liabilitycurrent
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilitycurrent
|
628000 | usd |
CY2021Q4 | SLNH |
Liabilities Of Disposal Group Including Discontinued Operation Current1
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent1
|
1243000 | usd |
CY2022 | SLNH |
Mti Instruments Sale Textblock
MtiInstrumentsSaleTextblock
|
<p id="xdx_80E_ecustom--MtiInstrumentsSaleTextblock_zEmfIhJeKHd2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>17. <span id="xdx_820_zvGlVNbfVTMa">MTI Instruments Sale</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As described in Note 1, the Company entered into a Stock Purchase Agreement with Purchaser, pursuant to which the Company sold on April 11, 2022 all of the issued and outstanding shares of capital stock of our wholly-owned subsidiary, MTI Instruments for an all-cash purchase price of $<span id="xdx_90A_ecustom--InstrumentPurchasePrice_iI_pn4n6_c20220411_zwx7ycs0Ue2e" title="Instrument purchase price">10.75</span> million, subject to working capital and certain other adjustments as set forth in the Stock Purchase Agreement. The purchase price did not include specified debt of MTI Instruments, which is the responsibility of the Company. This debt was transferred to the Purchaser at the date of Sale and is included in the closing balance sheet as shown below, which resulted in a reduction in the consideration payable to the Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89C_ecustom--GainWithSaleTableTextblock_zyRIUHtigCWa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the gain associated with the Sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Dollars in thousands)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8BB_zTG0kjz1a7Mi" style="display: none">Schedule of Gain on Sale</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49A_20220411_zRuuQn7cA01e" style="font-weight: bold; text-align: center">As of April 11,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_ecustom--ConsiderationReceivedFromSale_iI_pn3n3_zXBy3zckGGnc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Consideration received</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">10,750</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--ClosingCash_iI_pn3n3_zfgg5vDEDvKj" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Plus: closing cash</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--TransactionCosts_iI_pn3n3_zy8yIOEFm14f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Less: transaction costs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(908</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--ClosingIndebtedness_iI_pn3n3_zLyxlsDkD56j" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Less: closing indebtedness</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(483</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--NewWorkingCapitalAdjustments_iNI_pn3n3_di_zWranH9bxAKb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Plus: new working capital adjustments</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">19</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--AdjustmentConsiderationReceivedFromSale_iI_pn3n3_zFAjt2cWIjSk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Adjusted consideration received</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,379</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--Cash_iI_pn3n3_zCJZpAXmseyc" style="vertical-align: bottom; background-color: White"> <td>Cash</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsReceivableNetCurrent_iI_pn3n3_zEwD3QiiCSFg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts receivable, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,119</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InventoryNet_iI_pn3n3_zvWs84O3U3Kc" style="vertical-align: bottom; background-color: White"> <td>Inventories</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">888</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--PrepaidExpenseAndOtherAssetsCurrent_iI_pn3n3_zdLtIICVOryl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Prepaid expense and other current assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">42</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseRightOfUseAsset_iI_pn3n3_zwkUuznO87De" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease right-of-use assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">579</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsNet_iI_pn3n3_zCdW1cWm1eB8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred tax assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">171</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_zakdbYyXAaFa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Property, plant and equipment, net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">76</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--Assets_iI_pn3n3_zjEKQoHlXL68" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Total assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,876</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--AccountsPayableCurrent_iI_pn3n3_zEiwHYpPyZj8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">122</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_zp23H8HtUxL2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">547</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pn3n3_zeGkIWUBYnJ9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Operating lease liability</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">579</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--Liabilities_iI_pn3n3_z2c2t0HBp39b" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Total liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,248</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--NetAssetsTransferred_iI_pn3n3_zVNPF8QPLb2l" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Net assets transferred</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,628</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredGainOnSaleOfProperty_iI_pn3n3_zCxI3gMJU3mi" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Gain on sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,751</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A7_zKRHYUmElXs4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2022Q2 | SLNH |
Instrument Purchase Price
InstrumentPurchasePrice
|
10750000 | usd |
CY2022 | SLNH |
Gain With Sale Table Textblock
GainWithSaleTableTextblock
|
<p id="xdx_89C_ecustom--GainWithSaleTableTextblock_zyRIUHtigCWa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the gain associated with the Sale.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Dollars in thousands)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8BB_zTG0kjz1a7Mi" style="display: none">Schedule of Gain on Sale</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49A_20220411_zRuuQn7cA01e" style="font-weight: bold; text-align: center">As of April 11,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr id="xdx_40C_ecustom--ConsiderationReceivedFromSale_iI_pn3n3_zXBy3zckGGnc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 80%; text-align: left">Consideration received</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 16%; text-align: right">10,750</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--ClosingCash_iI_pn3n3_zfgg5vDEDvKj" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Plus: closing cash</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--TransactionCosts_iI_pn3n3_zy8yIOEFm14f" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left">Less: transaction costs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(908</td><td style="text-align: left">)</td></tr> <tr id="xdx_40D_ecustom--ClosingIndebtedness_iI_pn3n3_zLyxlsDkD56j" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left">Less: closing indebtedness</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(483</td><td style="text-align: left">)</td></tr> <tr id="xdx_40B_ecustom--NewWorkingCapitalAdjustments_iNI_pn3n3_di_zWranH9bxAKb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1.5pt">Plus: new working capital adjustments</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">19</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--AdjustmentConsiderationReceivedFromSale_iI_pn3n3_zFAjt2cWIjSk" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Adjusted consideration received</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,379</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--Cash_iI_pn3n3_zCJZpAXmseyc" style="vertical-align: bottom; background-color: White"> <td>Cash</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsReceivableNetCurrent_iI_pn3n3_zEwD3QiiCSFg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts receivable, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,119</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--InventoryNet_iI_pn3n3_zvWs84O3U3Kc" style="vertical-align: bottom; background-color: White"> <td>Inventories</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">888</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_eus-gaap--PrepaidExpenseAndOtherAssetsCurrent_iI_pn3n3_zdLtIICVOryl" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Prepaid expense and other current assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">42</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseRightOfUseAsset_iI_pn3n3_zwkUuznO87De" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease right-of-use assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">579</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--DeferredTaxAssetsNet_iI_pn3n3_zCdW1cWm1eB8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Deferred tax assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">171</td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PropertyPlantAndEquipmentNet_iI_pn3n3_zakdbYyXAaFa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Property, plant and equipment, net</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">76</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--Assets_iI_pn3n3_zjEKQoHlXL68" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Total assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,876</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--AccountsPayableCurrent_iI_pn3n3_zEiwHYpPyZj8" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accounts payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">122</td><td style="text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--AccruedLiabilitiesCurrent_iI_pn3n3_zp23H8HtUxL2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">547</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pn3n3_zeGkIWUBYnJ9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Operating lease liability</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">579</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--Liabilities_iI_pn3n3_z2c2t0HBp39b" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Total liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,248</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_ecustom--NetAssetsTransferred_iI_pn3n3_zVNPF8QPLb2l" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; font-weight: bold; text-align: left">Net assets transferred</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,628</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"> </td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--DeferredGainOnSaleOfProperty_iI_pn3n3_zCxI3gMJU3mi" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 20pt; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Gain on sale</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">7,751</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> | |
CY2022Q2 | SLNH |
Consideration Received From Sale
ConsiderationReceivedFromSale
|
10750000 | usd |
CY2022Q2 | SLNH |
Closing Cash
ClosingCash
|
1000 | usd |
CY2022Q2 | SLNH |
Transaction Costs
TransactionCosts
|
-908000 | usd |
CY2022Q2 | SLNH |
Closing Indebtedness
ClosingIndebtedness
|
-483000 | usd |
CY2022Q2 | SLNH |
New Working Capital Adjustments
NewWorkingCapitalAdjustments
|
-19000 | usd |
CY2022Q2 | SLNH |
Adjustment Consideration Received From Sale
AdjustmentConsiderationReceivedFromSale
|
9379000 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
1000 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1119000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
888000 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
42000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
579000 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
171000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
76000 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
2876000 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
122000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
547000 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
579000 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
1248000 | usd |
CY2022Q2 | SLNH |
Net Assets Transferred
NetAssetsTransferred
|
1628000 | usd |
CY2022Q2 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
7751000 | usd |
CY2022Q3 | us-gaap |
Other Commitments Description
OtherCommitmentsDescription
|
Pursuant to the Dorothy Contribution Agreement, the Company committed to a capital contribution of up to approximately $26.3 million to DVSL (the “Company Commitment”), and on August 5, 2022, the Company was deemed to have contributed approximately $8.1 million, through payment of capital expenditures and development costs made on behalf of DVSL by the Company prior to August 5, 2022. Further under the Agreement, Spring Lane committed to a capital contribution of up to $12.5 million to DVSL (the “Spring Lane Dorothy Commitment”), and as of December 31, 2022, Spring Lane contributed approximately $4.8 million. | |
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
7751000 | usd |