SequelSEC

Solana Co HSDT

Finance Services · CIK 0001610853 · Fiscal year ends 1231 · Bank

Revenue
$12.07M
Fiscal year ended 2026-06-30
Net income
-$157.27M
Fiscal year ended 2026-06-30
Total assets
$176.05M
Fiscal year ended 2026-06-30

Solana Co (HSDT) reported revenue of $12.07M and net income of -$157.27M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Solana Co’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

Solana Co income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$12.07M
Cost of revenueUnavailable
Gross profit$11.53M
Operating income-$368.80M
Net income-$157.27M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income-$157.27M
Income tax expense$0
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

Solana Co balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$3.65M
Total assets$176.05M
Current assets$28.75M
Total liabilities$6.37M
Current liabilities$2.16M
Total equity incl. NCI$165.64M
Temporary (mezzanine) equity$4.04M
InventoryUnavailable
Accounts receivableUnavailable
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$1.29M

Cash flow

Solana Co cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow-$26.94M
Capital expendituresUnavailable
Investing cash flow-$415.59M
Financing cash flow$440.10M
Net change in cash-$2.43M
Stock-based compensation$8.37M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortizationUnavailable

Derived

Solana Co derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flowUnavailable
Gross margin95.5%
Operating margin-3055.0%
FCF marginUnavailable
SBC / revenue69.4%
Current ratio13.31x
Revenue YoY growth3992.2%
Net margin-1302.8%
R&D / revenueUnavailable
CapEx / revenueUnavailable
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HSDT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-11-18View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.