2023 Q1 Form 10-K Financial Statement

#000149315223010333 Filed on March 31, 2023

View on sec.gov

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%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0000064463
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
usd
CY2021Q4 SLNH Current Portion Of Debt
CurrentPortionOfDebt
usd
CY2022Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
usd
CY2021 SLNH Impairment On Equity Investment
ImpairmentOnEquityInvestment
usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2022 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
usd
CY2021 SLNH Impairment On Equity Investment
ImpairmentOnEquityInvestment
usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
usd
CY2021 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
usd
CY2021 SLNH Noncash Equipment Financing
NoncashEquipmentFinancing
usd
CY2021 SLNH Proceed Receivable From Sale Of Instruments
ProceedReceivableFromSaleOfInstruments
usd
CY2021 SLNH Notes Converted To Common Stock
NotesConvertedToCommonStock
usd
CY2021 SLNH Warrant Consideration In Relation To Promissory Notes And Convertible Notes
WarrantConsiderationInRelationToPromissoryNotesAndConvertibleNotes
usd
CY2021 SLNH Promissory Note Conversion To Preferred Shares Value
PromissoryNoteConversionToPreferredSharesValue
usd
CY2021 SLNH Noncash Proceed On Sale Of Equipment
NoncashProceedOnSaleOfEquipment
usd
CY2022 SLNH Purchase Of Miner Equipment Using Restricted Stock
PurchaseOfMinerEquipmentUsingRestrictedStock
usd
CY2022 SLNH Registration Fees In Prepaids And Accounts Payable
RegistrationFeesInPrepaidsAndAccountsPayable
usd
CY2022 SLNH Termination Shares Issued In Conjunction With Merger For Intangible Assets
TerminationSharesIssuedInConjunctionWithMergerForIntangibleAssets
usd
CY2022 SLNH Warrants Exercised Prior To Yearend Not Received Until Subsequent Period
WarrantsExercisedPriorToYearendNotReceivedUntilSubsequentPeriod
usd
CY2022 SLNH Share Consideration In Relation To Contract
ShareConsiderationInRelationToContract
usd
CY2022 us-gaap Subsidiary Or Equity Method Investee Deferred Income Tax Provision On Cumulative Gain Loss Recognized Amount
SubsidiaryOrEquityMethodInvesteeDeferredIncomeTaxProvisionOnCumulativeGainLossRecognizedAmount
usd
CY2021 SLNH Impairment On Equity Investment
ImpairmentOnEquityInvestment
usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
pure
CY2021 SLNH Effective Income Tax Rate Reconciliation Nondeductible Loss On Extinguishment Of Debt
EffectiveIncomeTaxRateReconciliationNondeductibleLossOnExtinguishmentOfDebt
pure
CY2022 SLNH Effective Income Tax Rate Reconciliation Change In Utp
EffectiveIncomeTaxRateReconciliationChangeInUTP
pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
pure
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
usd
CY2021 SLNH Deferred Tax Assets Valuation Allowance Property Plant Equipment
DeferredTaxAssetsValuationAllowancePropertyPlantEquipment
usd
CY2021 SLNH Deferred Tax Assets Valuation Allowance Stock Options
DeferredTaxAssetsValuationAllowanceStockOptions
usd
CY2021 SLNH Deferred Tax Assets Valuation Allowance Accrued Expenses
DeferredTaxAssetsValuationAllowanceAccruedExpenses
usd
CY2022Q4 SLNH Sales Tax Accrual
SalesTaxAccrual
usd
CY2022Q4 SLNH Development Fees
DevelopmentFees
usd
CY2021Q4 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
usd
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
usd
CY2021Q4 SLNH Construction Fees
ConstructionFees
usd
CY2022Q4 us-gaap Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
usd
CY2022 us-gaap Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
usd
CY2021 SLNH Pretax Loss Gain On Sale Of Mti Instruments
PretaxLossGainOnSaleOfMtiInstruments
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Prepaid And Other Assets Current
DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Assets
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssets
usd
CY2022Q4 SLNH Disposal Group Including Discontinued Operation Operating Lease Rightofuse Assets
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseRightofuseAssets
usd
CY2022Q4 SLNH Assets Of Disposal Group Including Discontinued Operation Current1
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent1
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Payable Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableCurrent
usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilitiesCurrent
usd
CY2022Q4 SLNH Disposal Group Including Discontinued Operation Operating Lease Liabilitycurrent
DisposalGroupIncludingDiscontinuedOperationOperatingLeaseLiabilitycurrent
usd
CY2022Q4 SLNH Liabilities Of Disposal Group Including Discontinued Operation Current1
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent1
usd
CY2022 dei Document Type
DocumentType
10-K
CY2022 dei Document Annual Report
DocumentAnnualReport
true
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-12-31
CY2022 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022 dei Document Transition Report
DocumentTransitionReport
false
CY2022 dei Entity File Number
EntityFileNumber
001-40261
CY2022 dei Entity Registrant Name
EntityRegistrantName
Soluna Holdings, Inc.
CY2022 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2022 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
14-1462255
CY2022 dei Entity Address Address Line1
EntityAddressAddressLine1
325 Washington Avenue Extension
CY2022 dei Entity Address City Or Town
EntityAddressCityOrTown
Albany
CY2022 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2022 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
12205
CY2022 dei City Area Code
CityAreaCode
(518)
CY2022 dei Local Phone Number
LocalPhoneNumber
218-2550
CY2022 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2022 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2022 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2022 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2022 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2022 dei Entity Small Business
EntitySmallBusiness
true
CY2022 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2022 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Public Float
EntityPublicFloat
39047018 usd
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
24676680 shares
CY2022 dei Auditor Firm
AuditorFirmId
1195
CY2022 dei Auditor Name
AuditorName
UHY LLP
CY2022 dei Auditor Location
AuditorLocation
Albany, New York
CY2022Q4 us-gaap Cash
Cash
1136000 usd
CY2021Q4 us-gaap Cash
Cash
10258000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
685000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
320000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
531000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1326000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
977000 usd
CY2022Q4 us-gaap Deposit Assets
DepositAssets
1175000 usd
CY2021Q4 us-gaap Deposit Assets
DepositAssets
10188000 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
3028000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
4642000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
24982000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
1150000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
1121000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
750000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42504000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44597000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
36432000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
45839000 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 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

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001493152-23-010333-index-headers.html Edgar Link pending
0001493152-23-010333-index.html Edgar Link pending
0001493152-23-010333.txt Edgar Link pending
0001493152-23-010333-xbrl.zip Edgar Link pending
ex10-64.htm Edgar Link pending
ex10-65.htm Edgar Link pending
ex10-66.htm Edgar Link pending
ex10-66_001.jpg Edgar Link pending
ex10-67.htm Edgar Link pending
ex10-68.htm Edgar Link pending
ex10-69.htm Edgar Link pending
ex21.htm Edgar Link pending
ex23-1.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-k.htm Edgar Link pending
form10-k_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
form10-k_htm.xml Edgar Link completed
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
slnh-20221231.xsd Edgar Link pending
slnh-20221231_cal.xml Edgar Link unprocessable
slnh-20221231_def.xml Edgar Link unprocessable
slnh-20221231_lab.xml Edgar Link unprocessable
slnh-20221231_pre.xml Edgar Link unprocessable