Stockholders’ Equity (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of Reserved Shares of Common Stock for Future Issuance

The Company had reserved common shares for future issuance as follows as of June 30, 2024:

Stock options outstanding	3,325
Restricted stock units outstanding	5,692
Warrants outstanding	3,820,152
Common stock available for future equity awards or issuance of options	15,951
Number of common shares reserved	3,845,120

Schedule of Basic and Diluted Per Share Computations for Continuing Operations

The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted per share computations for operations for the three and six months ended June 30:

(Dollars in thousands, except shares)	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Numerator:
Net loss	$	(9,145	)	$	(9,257	)	$	(11,689	)	$	(16,689	)
(Less) Net income (loss) attributable to non-controlling interest		(1,728	)		482			(4,438	)		852
Net loss attributable to Soluna Holdings, Inc.		(10,873	)		(8,775	)		(16,127	)		(15,837	)
Less: Preferred dividends or deemed dividends		(66	)		(252	)		(452	)		(383	)
Less: Cumulative Preferred Dividends in arrears		(2,609	)		(1,722	)		(4,331	)		(3,444	)
Balance	$	(13,548	)	$	(10,749	)	$	(20,910	)	$	(19,664	)
Denominator:
Basic and Diluted EPS:
Common shares outstanding, beginning of period, including penny warrants		2,958,851			1,015,255			2,592,454			940,047
Weighted average common shares issued during the period including penny warrants issued and outstanding as of quarter-end		1,594,845			109,436			1,091,104			55,021
Denominator for basic earnings per common shares —		4,563,696			1,126,091			3,683,558			996,228
Weighted average common shares		(2.97	)		(9.54	)		(5.68	)		(19.74	)