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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 4,553 $ 1,136
Restricted cash 493 685
Accounts receivable 452 320
Prepaid expenses and other current assets 1,346 1,326
Deposits on equipment 975 1,175
Total Current Assets 7,819 4,642
Other assets 2,950 1,150
Property, plant and equipment, net 38,808 42,504
Intangible assets, net 34,087 36,432
Operating lease right-of-use assets 577 233
Total Assets 84,241 84,961
Current Liabilities:    
Accounts payable 3,822 3,548
Accrued liabilities 2,847 2,721
Line of credit 135 350
Convertible notes payable 10,270 11,737
Current portion of debt 7,758 10,546
Deferred revenue 453
Operating lease liability 205 161
Total Current Liabilities 25,037 29,516
Other liabilities 307 203
Operating lease liability 379 84
Deferred tax liability, net 8,339 8,886
Total Liabilities 34,062 38,689
Commitments and Contingencies (Note 10)
Stockholders’ Equity:    
Common stock, par value $0.001 per share, authorized 75,000,000; 26,433,162 shares issued and 25,414,646 shared outstanding as of March 31, 2023 and 19,712,722 shares issued and 18,694,206 shares outstanding as of December 31, 2022 26 20
Additional paid-in capital 279,985 277,410
Accumulated deficit (228,831) (221,769)
Common stock in treasury, at cost, 1,018,516 shares at March 31, 2023 and December 31, 2022 (13,798) (13,798)
Total Soluna Holdings, Inc. Stockholders’ Equity 37,385 41,866
Non-Controlling Interest 12,794 4,406
Total Stockholders’ Equity 50,179 46,272
Total Liabilities and Stockholders’ Equity 84,241 84,961
Series A Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred stock, value 3 3
Series B Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred stock, value