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Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table details revenue and cost of revenues for the Company’s reportable segments for three months ended March 31, 2023 and 2022, and reconciles to net income (loss) on the consolidated statements of operations:

Schedule of Segment Reporting Information 

		2023				2022
(Dollars in thousands)		For the Three Months Ended March 31,
		2023				2022
Reportable segment revenue:
Cryptocurrency mining revenue		$	2,796			$	7,812
Data hosting revenue			286				1,504
Total segment and consolidated revenue			3,082				9,316
Reportable segment cost of revenue:
Cost of cryptocurrency mining revenue, inclusive of depreciation			2,924				7,721
Cost of data hosting revenue			214				1,138
Total segment and consolidated cost of revenues			3,138				8,859
Reconciling items:
General and administrative expenses			6,747				7,255
Impairment on fixed assets			209				—
Impairment on equity investment			-				—
Interest expense			1,374				2,881
Gain on debt revaluation			(473	)			—
Loss on sale of fixed assets			78				—
Other income, net			(12	)			—
Income tax (benefit) expense from continuing operations			(547	)			(547	)
Net loss from continuing operations			(7,432	)			(9,132	)
Income before income tax from discontinued operations			—				226
Income tax benefit from discontinued operations			—				—
Net income from discontinued operations			—				226
Net loss			(7,432	)			(8,906	)
(Less) Net loss attributable to non-controlling interest			370				—
Net loss attributable to Soluna Holdings, Inc.		$	(7,062	)		$	(8,906	)
Capital expenditures			860				25,438
Depreciation and amortization			3,002				6,697

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

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-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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