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Solana Co (HSDT)

Solana Co brought in $12.1M of revenue over the twelve months to June 30, 2026, up 3,992.2% from a year earlier. It posted a net loss of $157.3M. At June 30, 2026 it held $3.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 14, 2026.

Price
$2.94
+1.38% on the day · September 25, 2026
52-week range $1.19 to $20.50
Market cap
$177.7M
Revenue (last 12 months)
$12.1M
+3,992.2% year on year
Net margin
-1,302.8%

What Solana Co does

Solana Co is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker HSDT.

Revenue and profit by year

Revenue
FY18: $478K $478K FY18FY19: $1.5M $1.5M FY19FY20: $661K $661K FY20FY21: $522K $522K FY21FY22: $787K $787K FY22FY23: $644K $644K FY23FY24: $520K $520K FY24FY25: $6M $6M FY25
Net income
FY18: -$28.6M -$28.6M FY18FY19: -$9.8M -$9.8M FY19FY20: -$14.1M -$14.1M FY20FY21: -$18.1M -$18.1M FY21FY22: -$14.1M -$14.1M FY22FY23: -$8.9M -$8.9M FY23FY24: -$11.7M -$11.7M FY24FY25: -$40.9M -$40.9M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$6M-$243.8M-$40.9M-$1.85n/a
2024$520K-$13.9M-$11.7M-$3,282.26-$11M
2023$644K-$12.4M-$8.9M-$11,036.88-$10.4M
2022$787K-$15.5M-$14.1M-$39,515.98-$14.3M
2021$522K-$18.1M-$18.1M-$280,411.51-$13.4M
2020$661K-$14.4M-$14.1M-$448,354.44-$11.8M

Latest SEC filings

What Solana Co has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 15, 2026
  2. August 24, 2026
  3. August 14, 2026
    Quarterly report 10-Q · period to June 30, 2026
  4. August 14, 2026
  5. May 29, 2026
  6. May 29, 2026
  7. May 29, 2026
  8. May 26, 2026
  9. May 22, 2026
  10. May 18, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 24, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about HSDT

What does Solana Co do?

Solana Co is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker HSDT.

Is Solana Co profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $157.3M on revenue of $12.1M.

How much revenue does Solana Co make?

Over the twelve months to June 30, 2026 Solana Co reported revenue of $12.1M. That is 3,992.2% more than a year earlier.

When did Solana Co last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 14, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the activist stake changed from September 15, 2026.

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Where the numbers come from

Financial figures are the values Solana Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.