Company Analysis

Solana Company (HSDT)

Nasdaq: HSDT · Finance Services · Newtown, PA · filing with the SEC since 2014
Grade2.6
◀ Past 1.3● Present 2.9▶ Future 4.2
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Mar 31, 2016
Report filedMar 31, 2026Mar 25, 2025Mar 28, 2024Mar 9, 2023Mar 14, 2022Mar 10, 2021Mar 12, 2020Mar 14, 2019Mar 12, 2018·
Revenue548,000520,000605,000778,000493,000r661,0001,496,000478,000··
Cost of revenue500,000582,000583,000463,000298,000388,000846,000···
Gross profit5,517,000-62,00061,000324,000224,000273,000650,000478,000··
Research and development3,511,0003,659,0002,942,0004,262,0005,990,0004,582,0008,061,0009,939,00014,387,0003,645,796
Selling, general and administrative23,127,00010,182,000r9,271,00010,640,00012,176,0009,714,00016,521,00017,214,000··
General and administrative·······17,214,0008,466,0005,671,598
Total operating expenses249,357,00013,841,00012,489,00015,840,00018,366,00014,659,00024,646,00027,153,00022,853,0009,317,394
Operating income-243,840,000-13,903,000-12,428,000-15,516,000-18,142,000-14,386,000-23,996,000-26,675,000-22,853,000-9,317,394
Interest expense·········46,920
Interest income (expense), net-635,000-17,000257,000-834,000······
Total non-operating income (expense)202,950,0002,161,0003,578,0001,444,00010,000256,00014,215,000-1,948,000-5,171,0002,435,582
Income before income taxes-40,890,000-11,742,000-8,850,000-14,072,000-18,132,000-14,130,0009,781,00028,623,00028,024,000-6,882,812
Income tax expense0000000···
Net income including non-controlling interests-40,890,000-11,742,000-8,850,000-14,072,000-18,132,000-14,130,000-9,781,000···
Net income-40,890,000-11,742,000-8,850,000-14,072,000-18,132,000-14,130,000-9,781,000-28,623,000-28,024,000-6,881,812
Net income to common shareholders-40,890,000-11,742,000-8,850,000-14,072,000-18,132,000····-6,881,812
Earnings per share, basic-1.85-3,282.26r-11,036.48b-39,514.54rb-279,702.00b-447,220.00b-492,321.00rb-1,671,390.00b·-132,650.00b
Earnings per share, diluted-1.85-3,282.26r-11,036.48b-39,514.54rb-279,702.00b-447,220.00b-492,321.00rb-1,671,390.00b·-159,180.00b
Earnings per share, basic and diluted····-279,702.00b-447,220.00b-492,321.00rb-1,671,390.00b-1,989,750.00b·
Weighted average shares, basic22,047,8413,577r802b356rb65b32b20rb17b·50b
Weighted average shares, diluted22,047,8413,577r802b356rb65b32b20rb17b·51rb
Weighted average shares, basic and diluted····65b32b20rb17b14b·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-758 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton HSDT · research, not advice