Solana Co Income Statement
HSDT|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$520,000
FY2025
Gross Profit
-$62,000
-11.9% gross margin
Operating Income
-$14M
FY2025
Net Income
-$12M
FY2025
Solana Co reported $520,000 in revenue and $12M in net loss for FY2025. Revenue has grown at a 1.2% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $520.0K | $644.0K | $787.0K | $522.0K | $661.0K | $1.5M | $478.0K | $478.0K |
| Cost of Revenue | $582.0K | $583.0K | $463.0K | $298.0K | $388.0K | $846.0K | $846.0K | - |
| Gross Profit | -$62.0K | $61.0K | $324.0K | $224.0K | $273.0K | $650.0K | $478.0K | - |
| SG&A Expense | $10.2M | $9.3M | $10.6M | $12.2M | $9.7M | $16.5M | $17.2M | $8.5M |
| R&D Expense | $3.7M | $2.9M | $4.3M | $6.0M | $4.6M | $8.1M | $9.9M | $14.4M |
| Operating Income | -$13.9M | -$12.4M | -$15.5M | -$18.1M | -$14.4M | -$24.0M | -$26.7M | -$22.9M |
| Income Tax | $0 | $0 | $0 | $0 | - | $0 | - | - |
| Net Income | -$11.7M | -$8.8M | -$14.1M | -$18.1M | -$14.1M | -$9.8M | -$28.6M | -$28.0M |
| EPS (Basic) | -$3282.26 | -$14.56 | -$52.13 | -$7.38 | -$11.80 | -$12.99 | -$1.26 | - |
| EPS (Diluted) | -$3282.26 | -$14.56 | -$52.13 | -$7.38 | -$11.80 | -$12.99 | -$1.26 | -$1.50 |
| Shares Outstanding | 4.9K | 714.6K | 564.1K | 3.8M | 1.5M | 877.7K | 25.8M | 20.2M |
| Gross Margin | -11.9% | 9.5% | 41.2% | 42.9% | 41.3% | 43.5% | 100.0% | - |
| Operating Margin | -2673.7% | -1929.8% | -1971.5% | -3475.5% | -2176.4% | -1604.0% | -5580.5% | -4781.0% |
| Profit Margin | -2258.1% | -1374.2% | -1788.1% | -3473.6% | -2137.7% | -653.8% | -5988.1% | -5862.8% |