Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024 and 2023, and reconciles to net income (loss) on the consolidated statements of operations:

(Dollars in thousands)	For the Three Months Ended March 31,
	2024			2023
Reportable segment revenue:
Cryptocurrency mining revenue	$	6,396		$	2,796
Data hosting revenue		5,278			286
Demand response service revenue		875			-
Total segment and consolidated revenue		12,549			3,082
Reportable segment cost of revenue:
Cost of cryptocurrency mining revenue, exclusive of depreciation		1,841			2,251
Cost of data hosting revenue, exclusive of depreciation		2,251			272
Cost of revenue- depreciation		1,523			625
Total segment and consolidated cost of revenues		5,615			3,148
Reconciling items:
General and administrative expenses		6,397			6,737
Impairment on fixed assets		130			209
Interest expense		424			1,374
Loss (gain) on debt extinguishment and revaluation, net		3,097			(473	)
Loss on sale of fixed assets		1			78
Other income, net		(23	)		(12	)
Income tax benefit		(548	)		(547	)
Net loss		(2,544	)		(7,432	)
(Less) Net income (loss) attributable to non-controlling interest		2,710			(370	)
Net loss attributable to Soluna Holdings, Inc.	$	(5,254	)	$	(7,062	)
Capital expenditures		524			860
Depreciation and amortization		3,926			3,002