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NASDAQ · Health care

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.

Free, no password. An email when HSDT files with the SEC.

Price
$1.80
-6.51% on the day · November 10, 2026
52-week range $1.19 to $5.47
Market cap
$108.5M
Revenue (last 12 months)
$12.1M
+3,992.2% year on year
Net margin
-1,302.8%

Key facts about Solana Co

Net worth
Solana Co has a market value (market cap) of $108.5M at the latest share price, and shareholders' equity of $165.6M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $6M (+1,057.1% year on year), with a net loss of $40.9M. Over the 12 months to June 30, 2026: revenue $12.1M, net loss $157.3M.
Cash flow
In fiscal 2025 operations used $16.5M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 14, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
Solana Co's next report is expected around November 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around November 13, 2026.

Estimated from its filing rhythm: about 91 days after its last report of August 14, 2026, its usual gap. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where HSDT ranks in Health care

Revenue$6M
#560 of 751 in Health care · Bottom 25%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

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

  1. September 30, 2026
  2. September 15, 2026
  3. August 24, 2026
  4. August 14, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 5,774% to $2.5M versus the same quarter last year; diluted EPS -$0.38 versus -$79.73.
  5. August 14, 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

Insider trades

What the people running Solana Co did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
June 2, 2026 Jiang Cosmo YiDirector Exercised options 1,005,040 $0.00 $1K Form 4
June 2, 2026 Jiang Cosmo YiDirector Shares withheld for tax 610 $1.65 $1K Form 4
May 21, 2026 Straw Edward MDirector Received as pay 6,360 - - Form 4
May 21, 2026 Walter BlaneDirector Received as pay 6,360 - - Form 4
May 21, 2026 Lee Michel Kai TaiDirector Received as pay 6,360 - - Form 4
May 21, 2026 Mello SergioDirector Received as pay 6,360 - - Form 4
May 11, 2026 Summer Wisdom Holdings Ltd10% owner Other changeindirect 1,453,277 - - Form 4
May 11, 2026 Fusion Summer Ltd10% owner Other change 1,453,277 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns HSDT

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Choon Wee Chee13D, may seek influence with 2 related filers 20.2% 13,316,645 May 13, 2026
Solana Rocket Holdings Limited13G, passive with 1 related filers 9.99% 6,376,746 August 24, 2026
Daniel W. Morehead13D, may seek influence with 4 related filers 9.76% 5,997,319 September 15, 2026
Kathmere Capital Management, LLC13G, passive 8.7% 4,594,960 March 2, 2026
FirstFire Global Opportunities Fund LLC13G, passive 5.7% 179,995 June 6, 2025
Leonite Fund I, LP13G, passive with 1 related filers 5.2% 163,055 June 10, 2025

Latest filings below 5%: Polar Asset Management Partners Inc. 4% (May 15, 2026); CVI Investments, Inc. 0% (August 14, 2025); Armistice Capital, LLC 4.99% (August 14, 2025); L1 Capital Global Opportunities Master Fund, Ltd. 1.01% (August 14, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 42 managers reported a position.

HolderSharesValueChange on quarter
Pantera Capital Partners LP4,987,319$8.2M+1,100,000
Kathmere Capital Management, LLC4,594,960$7.6M0
Arrington Capital Management, LLC658,908$1.1M0
BlackRock, Inc.632,919$1M+171,717
VR Advisory Services Ltd581,310$959.2K0
LPL Financial LLC560,434$924.7K+13,173
Vanguard Capital Management LLC555,980$917.4K+231,429
Geode Capital Management, LLC512,017$845.2K+141,413
Saba Capital Management, L.P.316,051$521.5K+250,841
Yorkville Advisors Global, LP300,000$495K-785,000
Avenir Tech Ltd290,655$479.6K0
Vanguard Fiduciary Trust Co255,383$421.4K+103,992
Rockefeller Capital Management L.P.244,904$404.1K-100,000
Quattro Financial Advisors LLC209,000$344.9K0
State Street Corp145,600$240.2K0
Morgan Stanley136,476$225.2K-83,441
Cetera Investment Advisers117,400$193.7K-500
Wolverine Asset Management LLC114,167$188.4Knew
XTX Topco Ltd113,255$186.9K+66,443
Northern Trust Corp108,075$178.3K+38,821

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

10 insiders reported holding 13,081,826 shares in total, about $23.5M at the last price.

HolderSharesAs of
Summer Wisdom Holdings Ltd10% owner 5,377,1255,377,125 held indirectly May 11, 2026
Fusion Summer Ltd10% owner 5,377,125 May 11, 2026
Chee Choon WeeExecutive Chairman, Director, 10% owner 1,109,118 May 11, 2026
Jiang Cosmo YiDirector 1,004,430 June 2, 2026
Perkins Sherrie LDirector 92,220 March 31, 2026
Buckman PaulDirector 92,004 March 31, 2026
Straw Edward MDirector 8,542 May 21, 2026
Walter BlaneDirector 8,542 May 21, 2026
Lee Michel Kai TaiDirector 6,360 May 21, 2026
Mello SergioDirector 6,360 May 21, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about HSDT

What does Solana Co do?

Solana Co is a company in the Health care sector, listed on NASDAQ as HSDT. Its shares trade on NASDAQ under the ticker HSDT.

What is Solana Co's net worth?

Solana Co has a market value (market cap) of $108.5M at the latest share price, and shareholders' equity of $165.6M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

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 investor disclosure from September 30, 2026.

When is Solana Co's next earnings report?

Solana Co's next report is expected around November 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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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.