XML 74 R64.htm IDEA: XBRL DOCUMENT v3.23.3
Related Party Transactions (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Oct. 29, 2021
Dec. 18, 2013
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Oct. 10, 2023
May 26, 2023
Jan. 01, 2014
Related Party Transaction [Line Items]                    
Merger Shares issued [1]     412,337   412,337          
Chief Executive Officer [Member]                    
Related Party Transaction [Line Items]                    
Description of director owns         (i) 90% of the equity of Soluna Technologies Investment I, LLC, which owns 57.9% of HEL and (ii) 100% of the equity of MJT Park Investors, Inc., which owns 3.1% of HEL, in each case, on a fully diluted basis. Mr. Toporek does not own directly, or indirectly, any equity interest in Tera Joule, LLC, which owns 9.2% of HEL; however, as a result of his 100% ownership of Brookstone IAC, Inc., which is the manager of Tera Joule, LLC, he has dispositive power over the equity interests that Tera Joule owns in HEL          
Interest expense     $ 0   $ 0          
Matthew E. Lipman [Member]                    
Related Party Transaction [Line Items]                    
Description of director owns         Tera Joule, LLC, which owns 9.2% of HEL; however, as a result of his position as a director and officer of Brookstone IAC, Inc., which is the manager of Tera Joule, LLC, he has dispositive power over the equity interests that Tera Joule owns in HEL. As a result, the approximate dollar value of the amount of Mr. Toporek’s and Mr. Lipman’s interest in the Company’s transactions with HEL for the three and nine months ended September 30, 2023 was $0 and $0          
Interest expense     0   $ 0          
John Belizaire and John Bottomley [Member]                    
Related Party Transaction [Line Items]                    
Description of director owns         In addition, Mr. Belizaire is the beneficial owner of 1,317,567 shares of common stock of HEL and 102,380 Class Seed Preferred shares, which are convertible into 86,763 shares of common stock of HEL. These interests give Mr. Belizaire an ownership of 10.54% in HEL. Mr. Belizaire also owns an interest in HEL indirectly through his 5.0139% interest of Tera Joule, LLC’s 965,945 Class Seed Preferred shares, which are convertible into 818,596 shares of common stock of HEL. Mr. Bottomley is the beneficial owner of 96,189, or approximately 0.72%, of the outstanding shares of common stock of HEL          
Shares converted         1,317,567          
John Belizaire and John Bottomley [Member] | Class Seed Preferred Share [Member]                    
Related Party Transaction [Line Items]                    
Shares converted         102,380          
Merger Agreement [Member]                    
Related Party Transaction [Line Items]                    
Merger Shares issued                 59,400  
MeOH Power, Inc. [Member]                    
Related Party Transaction [Line Items]                    
Company paid   $ 380,000                
Share price                   $ 0.07
Promissory note available to convert         $ 357,000   $ 342,000      
Couch White, LLP [Member]                    
Related Party Transaction [Line Items]                    
Legal services     $ 1,000 $ 1,000 $ 1,000 $ 2,000        
Soluna Computing Inc [Member]                    
Related Party Transaction [Line Items]                    
Payment of related party $ 725,000                  
SCI US Holdings LLC [Member]                    
Related Party Transaction [Line Items]                    
Shares issued for merger agreement               39,600 19,800  
Merger Shares issued                 59,400  
Harmattan Energy Ltd [Member]                    
Related Party Transaction [Line Items]                    
Shares converted         86,763          
Payments to acquire investments         $ 750,000   750,000      
Equity method investments writing it down             $ 0      
Investment percentage             1.79%      
Harmattan Energy Ltd [Member] | Common Stock [Member]                    
Related Party Transaction [Line Items]                    
Shares converted         818,596          
Tera Joule, LLC [Memebr] | Class Seed Preferred Share [Member]                    
Related Party Transaction [Line Items]                    
Shares converted         965,945          
Mr. Bottomley [Member] | Common Stock [Member]                    
Related Party Transaction [Line Items]                    
Shares converted         96,189          
[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, “Basis of Presentation,” for details.