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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Total revenue $ 21,066 $ 28,547
Operating costs:    
Costs of revenue-depreciation 3,863 18,708
Total costs of revenue 15,829 36,506
Operating expenses:    
General and administrative expenses, exclusive of depreciation and amortization 15,390 19,203
Depreciation and amortization associated with general and administrative expenses 9,513 9,506
Total general and administrative expenses 24,903 28,709
Impairment on equity investment 750
Impairment on fixed assets 575 47,372
Operating loss (20,241) (84,790)
Interest expense (2,748) (8,375)
Loss on debt extinguishment and revaluation, net (3,904) (11,130)
Loss on sale of fixed assets (398) (4,089)
Other (expense) income, net (1,479) 22
Loss before income taxes from continuing operations (28,770) (108,362)
Income tax benefit from continuing operations 1,067 1,346
Net loss from continuing operations (27,703) (107,016)
Income before income taxes from discontinued operations (including gain on sale of MTI Instruments of $7,751 for year ended December 31, 2022) 7,851
Income tax benefit from discontinued operations 70
Net income from discontinued operations 7,921
Net loss (27,703) (99,095)
(Less) Net income (loss) attributable to non-controlling interest 1,498 (380)
Net loss attributable to Soluna Holdings, Inc. $ (29,201) $ (98,715)
Basic and Diluted (loss) earnings per common share (1):    
Net loss from continuing operations per share Basic [1] $ (27.79) $ (187.63)
Net loss from continuing operations per share Diluted [1] (27.79) (187.63)
Net income from discontinued operations per share Basic [1] 13.22
Net income from discontinued operations per share Diluted [1] 13.22
Basic loss per share [1] (27.79) (174.41)
Diluted loss per share [1] $ (27.79) $ (174.41)
Weighted average shares outstanding Basic [1] 1,313,718 599,301
Weighted average shares outstanding Diluted [1] 1,313,718 599,301
Cryptocurrency Mining Revenue [Member]    
Total revenue $ 10,602 $ 24,409
Operating costs:    
Cost of data hosting revenue, exclusive of depreciation 6,365 14,226
Data Hosting Revenue [Member]    
Total revenue 10,196 4,138
Operating costs:    
Cost of data hosting revenue, exclusive of depreciation 5,601 3,572
Demand Response Services [Member]    
Total revenue $ 268
[1] Prior period results have been adjusted to reflect the Reverse Stock Split of the Common Stock at a ratio of 1-for-25 that became effective October 13, 2023. See Note 2, “Accounting Policies,” for details.