Solana Co
HSDT Nasdaq· Finance Services
Last close · Oct 27, 2026
$2.23
KIRA · Stoqly’s AI analyst, in plain words
- Solana Co had $6.0M of revenue in fiscal 2025, up 1,057.1% on the year before. Over five years, revenue changed +55.5% a year on average.
- Its operating margin was −4,052.5%, down 1,378.9 pts: of every 100 in sales, about −4,053 is left after running the business.
- Solana Co lost $40.9M in fiscal 2025.
Market cap
$178M
P/E
0.0x
Revenue
$6.0M
Net income
−$40.9M
Free cash flow
—
Operating margin
−4,052.5%
Solana Co in 30 seconds · fiscal 2025
Are sales growing?
+1,057.1%
Yes. Sales grew 1,057.1% last year.
Does it make a profit?
−679.6%
No. It lost money last year.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
0.0x
One share costs 0.0 times its yearly profit per share.
What Solana Co does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Solana Co
- CIK
- 0001610853
Solana Co · HSDT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.5M | $0.8M | $0.6M | $0.5M | $6.0M |
| Revenue growth | −21.0% | 50.8% | −18.2% | −19.3% | 1,057.1% |
| Gross margin | 42.9% | 41.2% | 9.5% | −11.9% | 91.7% |
| Operating margin | −3,475.5% | −1,971.5% | −1,929.8% | −2,673.7% | −4,052.5% |
| Net income | −$18.1M | −$14.1M | −$8.9M | −$11.7M | −$40.9M |
| Net margin | −3,473.6% | −1,788.1% | −1,374.2% | −2,258.1% | −679.6% |
| Diluted EPS | −$7.38 | −$52.13 | −$14.56 | −$3,282.26 | −$1.85 |
| Cash | |||||
| Cash from operations | −$13.4M | −$14.3M | −$10.4M | −$11.0M | −$16.5M |
| Capital expenditure | $0.1M | $0.0M | $0.0M | $0.0M | — |
| Free cash flow | −$13.4M | −$14.3M | −$10.4M | −$11.0M | — |
| FCF margin | −2,575.1% | −1,820.5% | −1,621.9% | −2,124.2% | — |
| Share count change | 105.1% | −89.0% | 125.2% | −99.4% | 612,338.9% |
| Debt and strength | |||||
| Cash and short-term investments | $11.0M | $14.5M | $5.2M | $1.1M | $7.3M |
| Shareholders' equity | $11.3M | $8.2M | $2.4M | $1.1M | $301M |
| Current ratio | 4.7x | 8.4x | 4.0x | 1.6x | 10.3x |
| Returns and quality | |||||
| Return on equity | −239.7% | −145.0% | −168.6% | −688.9% | −27.1% |
| Return on tangible equity | −178.5% | −175.7% | −380.5% | −1,108.8% | −13.6% |
| Piotroski F-score | 4 | 4 | 1 | 3 | 4 |
| Altman Z'' | −31.5 | −28.0 | −73.4 | −181.6 | 97.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Solana Co · HSDT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.23 a share, the company is worth $178M: 0.0 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001610853). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.