What is Solana Company's earnings per share (EPS)?

Solana Company (HSDTW) reported diluted earnings per share of $-4.33 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Solana Company Financials

HSDTW

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Solana Company (HSDTW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 14/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Solana Company has an operating margin of -2673.7%, meaning the company retains $-2674 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -1929.8% the prior year.

Growth

Solana Company's revenue declined 19.3% year-over-year, from $644K to $520K. This contraction results in a growth score of 1/100.

Leverage

Solana Company has a moderate D/E ratio of 2.34. This balance of debt and equity financing earns a leverage score of 54/100.

Liquidity

Solana Company's current ratio of 1.58 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 27/100, which could limit financial flexibility.

Cash Flow

While Solana Company generated -$11.0M in operating cash flow, capex of $5K consumed most of it, leaving -$11.0M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Solana Company generates a -1108.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -376.6% the prior year.

Piotroski F-Score Weak

3/9

Solana Company passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.94x

For every $1 of reported earnings, Solana Company generates $0.94 in operating cash flow (-$11.0M OCF vs -$11.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$520K

YoY-19.3%

5Y CAGR-19.1%

Solana Company generated $520K in revenue in fiscal year 2024. This represents a decrease of 19.3% from the prior year.

EBITDA

-$13.8M

YoY-12.9%

Solana Company's EBITDA was -$13.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.9% from the prior year.

Net Income

-$11.7M

YoY-32.7%

Solana Company reported -$11.7M in net income in fiscal year 2024. This represents a decrease of 32.7% from the prior year.

EPS (Diluted)

$-4.33

Solana Company earned $-4.33 per diluted share (EPS) in fiscal year 2024. This represents an increase of 70.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$11.0M

YoY-5.8%

Solana Company generated -$11.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 5.8% from the prior year.

Cash & Debt

$1.1M

YoY-79.0%

5Y CAGR-27.6%

10Y CAGR+52.5%

Solana Company held $1.1M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

4,936

Solana Company had 4,936 shares outstanding in fiscal year 2024. This represents a decrease of 99.3% from the prior year.

Margins & Returns

Gross Margin

-11.9%

YoY-21.4pp

5Y CAGR-55.4pp

Solana Company's gross margin was -11.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 21.4 percentage points from the prior year.

Operating Margin

-2673.7%

YoY-743.8pp

5Y CAGR-1069.6pp

Solana Company's operating margin was -2673.7% in fiscal year 2024, reflecting core business profitability. This is down 743.8 percentage points from the prior year.

Net Margin

-2258.1%

YoY-883.9pp

5Y CAGR-1604.3pp

Solana Company's net profit margin was -2258.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 883.9 percentage points from the prior year.

Return on Equity

-1108.8%

YoY-732.2pp

5Y CAGR-941.1pp

Solana Company's ROE was -1108.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 732.2 percentage points from the prior year.

Capital Allocation

R&D Spending

$3.7M

YoY+24.4%

5Y CAGR-14.6%

10Y CAGR+35.8%

Solana Company invested $3.7M in research and development in fiscal year 2024. This represents an increase of 24.4% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$5K

YoY-82.8%

5Y CAGR-55.2%

Solana Company invested $5K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 82.8% from the prior year.

HSDTW Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$520K-19.3%	$644K-18.2%	$787K+50.8%	$522K-21.0%	$661K-55.8%	$1.5M
Cost of Revenue	$582K-0.2%	$583K+25.9%	$463K+55.4%	$298K-23.2%	$388K-54.1%	$846K
Gross Profit	-$62K-201.6%	$61K-81.2%	$324K+44.6%	$224K-17.9%	$273K-58.0%	$650K
R&D Expenses	$3.7M+24.4%	$2.9M-31.0%	$4.3M-28.8%	$6.0M+30.7%	$4.6M-43.2%	$8.1M
SG&A Expenses	$10.1M+9.1%	$9.3M-12.9%	$10.6M-12.6%	$12.2M+25.3%	$9.7M-41.2%	$16.5M
Operating Income	-$13.9M-11.9%	-$12.4M+19.9%	-$15.5M+14.5%	-$18.1M-26.1%	-$14.4M+40.0%	-$24.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	-$11.7M-32.7%	-$8.8M+37.1%	-$14.1M+22.4%	-$18.1M-28.3%	-$14.1M-44.5%	-$9.8M
EPS (Diluted)	$-4.33	$-14.56+72.1%	$-52.13	$-7.38+37.5%	$-11.80+9.2%	$-12.99

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$697K+1520.9%	$43K-12.2%	$49K-67.8%	$152K+198.0%	$51K-72.0%	$182K+34.8%	$135K+0.7%	$134K
Cost of Revenue	$103K+7.3%	$96K-20.7%	$121K-21.4%	$154K-17.6%	$187K+58.5%	$118K-4.1%	$123K+36.7%	$90K
Gross Profit	$594K+1220.8%	-$53K+26.4%	-$72K-3500.0%	-$2K+98.5%	-$136K-312.5%	$64K+433.3%	$12K-72.7%	$44K
R&D Expenses	$858K+4.4%	$822K-13.0%	$945K+2.3%	$924K-14.2%	$1.1M+23.8%	$870K+10.4%	$788K+21.2%	$650K
SG&A Expenses	$4.6M+89.9%	$2.4M-18.3%	$3.0M+37.9%	$2.2M-24.0%	$2.9M+16.3%	$2.5M-6.7%	$2.6M+61.3%	$1.6M
Operating Income	-$35.5M-967.1%	-$3.3M+17.2%	-$4.0M-27.5%	-$3.1M+22.7%	-$4.1M-24.5%	-$3.3M+4.3%	-$3.4M-52.1%	-$2.2M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0	$0	$0	$0	N/A
Net Income	-$352.8M-3487.6%	-$9.8M-156.2%	-$3.8M+2.3%	-$3.9M-6.6%	-$3.7M-128.7%	-$1.6M+35.9%	-$2.5M-140.8%	-$1.0M
EPS (Diluted)	$-32.89+58.7%	$-79.73	$-0.51	N/A	$-744.35-53.4%	$-485.30	$-3.08	N/A

HSDTW Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$3.5M-54.0%	$7.7M-55.5%	$17.3M+22.6%	$14.1M+115.4%	$6.5M-36.7%	$10.3M
Current Assets	$3.4M-54.0%	$7.4M-55.5%	$16.7M+32.6%	$12.6M+168.8%	$4.7M-35.3%	$7.2M
Cash & Equivalents	$1.1M-79.0%	$5.2M-64.4%	$14.5M+32.2%	$11.0M+230.4%	$3.3M-39.0%	$5.5M
Inventory	$1.0M+126.7%	$457K-22.4%	$589K+23.7%	$476K+22.4%	$389K-34.9%	$598K
Accounts Receivable	$70K-40.2%	$117K+64.8%	$71K+7.6%	$66K-10.8%	$74K-64.8%	$210K
Goodwill	N/A	N/A	N/A	$763K+0.5%	$759K-38.9%	$1.2M
Total Liabilities	$2.5M-53.5%	$5.3M-41.5%	$9.1M+221.0%	$2.8M+6.4%	$2.7M-40.7%	$4.5M
Current Liabilities	$2.2M+15.1%	$1.9M-5.5%	$2.0M-25.1%	$2.7M+9.4%	$2.4M-36.2%	$3.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.1M-54.9%	$2.4M-71.2%	$8.2M-27.6%	$11.3M+190.8%	$3.9M-33.7%	$5.8M
Retained Earnings	-$171.7M-7.3%	-$160.0M-5.9%	-$151.1M-10.3%	-$137.0M-15.2%	-$118.9M-13.5%	-$104.8M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$475.9M+5929.6%	$7.9M+126.5%	$3.5M-1.6%	$3.5M-36.6%	$5.6M-36.9%	$8.8M+53.7%	$5.8M-25.2%	$7.7M
Current Assets	$125.7M+1510.4%	$7.8M+130.5%	$3.4M-1.1%	$3.4M-36.7%	$5.4M-37.4%	$8.6M+56.4%	$5.5M-25.7%	$7.4M
Cash & Equivalents	$124.1M+1941.0%	$6.1M+448.1%	$1.1M+1.9%	$1.1M-68.6%	$3.5M-45.7%	$6.4M+75.6%	$3.6M-29.8%	$5.2M
Inventory	$1.1M-1.1%	$1.1M+2.5%	$1.1M+7.4%	$1.0M+33.9%	$774K-5.7%	$821K+113.8%	$384K-16.0%	$457K
Accounts Receivable	N/A	$12K	N/A	$70K+180.0%	$25K-79.3%	$121K+146.9%	$49K-58.1%	$117K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$628.3M+33553.6%	$1.9M-15.3%	$2.2M-11.2%	$2.5M+39.0%	$1.8M-28.8%	$2.5M-33.5%	$3.8M-29.4%	$5.3M
Current Liabilities	$3.1M+73.9%	$1.8M-9.9%	$2.0M-7.4%	$2.2M+44.6%	$1.5M-27.3%	$2.1M+30.5%	$1.6M-16.1%	$1.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$152.4M-2629.7%	$6.0M+370.6%	$1.3M+20.9%	$1.1M-72.1%	$3.8M-40.1%	$6.3M+219.2%	$2.0M-15.5%	$2.4M
Retained Earnings	-$538.1M-190.3%	-$185.4M-5.6%	-$175.5M-2.2%	-$171.7M-2.3%	-$167.8M-2.2%	-$164.1M-1.0%	-$162.5M-1.6%	-$160.0M

HSDTW Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$11.0M-6.0%	-$10.4M+27.2%	-$14.3M-6.9%	-$13.4M-14.1%	-$11.7M+44.1%	-$21.0M
Capital Expenditures	$5K-82.8%	$29K+70.6%	$17K-68.5%	$54K-14.3%	$63K-77.3%	$278K
Free Cash Flow	-$11.0M-5.8%	-$10.4M+27.1%	-$14.3M-6.6%	-$13.4M-13.9%	-$11.8M+44.5%	-$21.3M
Investing Cash Flow	-$5K+82.8%	-$29K-163.6%	-$11K+80.4%	-$56K-522.2%	-$9K+98.8%	-$769K
Financing Cash Flow	$7.0M+545.7%	$1.1M-94.0%	$17.9M-15.4%	$21.1M+119.2%	$9.6M+483.1%	$1.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$4.0M-46.7%	-$2.8M+22.0%	-$3.5M-48.7%	-$2.4M+14.2%	-$2.8M+4.2%	-$2.9M+3.7%	-$3.0M-47.5%	-$2.0M
Capital Expenditures	N/A	N/A	N/A	$0	$0	$0-100.0%	$5K+66.7%	$3K
Free Cash Flow	N/A	N/A	N/A	-$2.4M+14.2%	-$2.8M+4.2%	-$2.9M+3.8%	-$3.0M-47.6%	-$2.0M
Investing Cash Flow	N/A	N/A	N/A	$0	$0	$0+100.0%	-$5K-66.7%	-$3K
Financing Cash Flow	$389.4M+4940.1%	$7.7M+117.2%	$3.6M	$0+100.0%	-$149K-102.6%	$5.6M+285.5%	$1.5M+135.2%	$622K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HSDTW Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	-11.9%-21.4pp	9.5%-31.7pp	41.2%-1.7pp	42.9%+1.6pp	41.3%-2.2pp	43.5%
Operating Margin	-2673.7%-743.8pp	-1929.8%+41.7pp	-1971.5%+1503.9pp	-3475.5%-1299.1pp	-2176.4%-572.4pp	-1604.0%
Net Margin	-2258.1%-883.9pp	-1374.2%+413.8pp	-1788.1%+1685.5pp	-3473.6%-1335.9pp	-2137.7%-1483.9pp	-653.8%
Return on Equity	-1108.8%-732.2pp	-376.6%-204.0pp	-172.6%-11.5pp	-161.1%+203.9pp	-365.0%-197.4pp	-167.6%
Return on Assets	-331.5%-216.5pp	-115.1%-33.7pp	-81.4%+47.2pp	-128.6%+87.2pp	-215.8%-121.3pp	-94.5%
Current Ratio	1.58-2.4	3.96-4.4	8.40+3.7	4.75+2.8	1.93+0.0	1.90
Debt-to-Equity	2.34+0.1	2.27+1.2	1.12+0.9	0.25-0.4	0.69-0.1	0.77
FCF Margin	-2124.2%-502.3pp	-1621.9%+198.6pp	-1820.5%+754.6pp	-2575.1%-789.8pp	-1785.3%-363.1pp	-1422.3%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	85.2%+208.5pp	-123.3%+23.7pp	-146.9%-145.6pp	-1.3%+265.4pp	-266.7%-301.8pp	35.2%+26.3pp	8.9%-24.0pp	32.8%
Operating Margin	-5086.1%+2639.5pp	-7725.6%+460.1pp	-8185.7%-6115.3pp	-2070.4%+5910.0pp	-7980.4%-6183.7pp	-1796.7%+733.7pp	-2530.4%-854.3pp	-1676.1%
Net Margin	-50612.3%-27744.9pp	-22867.4%-15034.8pp	-7832.6%-5248.4pp	-2584.2%+4643.2pp	-7227.5%-6341.7pp	-885.7%+978.0pp	-1863.7%-1083.8pp	-779.9%
Return on Equity	N/A	-163.2%+136.6pp	-299.8%+71.1pp	-370.9%-273.9pp	-97.0%-71.6pp	-25.4%+101.3pp	-126.7%-82.2pp	-44.5%
Return on Assets	-74.1%+50.5pp	-124.6%-14.4pp	-110.2%+0.7pp	-110.9%-44.9pp	-66.0%-47.8pp	-18.2%+25.5pp	-43.7%-30.1pp	-13.6%
Current Ratio	40.03+35.7	4.32+2.6	1.69+0.1	1.58-2.0	3.61-0.6	4.20+0.7	3.51-0.5	3.96
Debt-to-Equity	-4.12-4.4	0.31-1.4	1.72-0.6	2.34+1.9	0.47+0.1	0.40-1.5	1.90-0.4	2.27
FCF Margin	N/A	N/A	N/A	-1564.5%+3868.9pp	-5433.3%-3844.9pp	-1588.5%+638.2pp	-2226.7%-706.5pp	-1520.1%

Frequently Asked Questions

What is Solana Company's annual revenue?

Solana Company (HSDTW) reported $520K in total revenue for fiscal year 2024. This represents a -19.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Solana Company's revenue growing?

Solana Company (HSDTW) revenue declined by 19.3% year-over-year, from $644K to $520K in fiscal year 2024.

Is Solana Company profitable?

No, Solana Company (HSDTW) reported a net income of -$11.7M in fiscal year 2024, with a net profit margin of -2258.1%.

What is Solana Company's EBITDA?

Solana Company (HSDTW) had EBITDA of -$13.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Solana Company's gross margin?

Solana Company (HSDTW) had a gross margin of -11.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Solana Company's operating margin?

Solana Company (HSDTW) had an operating margin of -2673.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Solana Company's net profit margin?

Solana Company (HSDTW) had a net profit margin of -2258.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Solana Company's return on equity (ROE)?

Solana Company (HSDTW) has a return on equity of -1108.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Solana Company's free cash flow?

Solana Company (HSDTW) generated -$11.0M in free cash flow during fiscal year 2024. This represents a -5.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Solana Company's operating cash flow?

Solana Company (HSDTW) generated -$11.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Solana Company's total assets?

Solana Company (HSDTW) had $3.5M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Solana Company's capital expenditures?

Solana Company (HSDTW) invested $5K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Solana Company spend on research and development?

Solana Company (HSDTW) invested $3.7M in research and development during fiscal year 2024.

How many shares does Solana Company have outstanding?

Solana Company (HSDTW) had 4,936 shares outstanding as of fiscal year 2024.

What is Solana Company's current ratio?

Solana Company (HSDTW) had a current ratio of 1.58 as of fiscal year 2024, which is generally considered healthy.

What is Solana Company's debt-to-equity ratio?

Solana Company (HSDTW) had a debt-to-equity ratio of 2.34 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Solana Company's return on assets (ROA)?

Solana Company (HSDTW) had a return on assets of -331.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Solana Company's cash runway?

Based on fiscal year 2024 data, Solana Company (HSDTW) had $1.1M in cash against an annual operating cash burn of $11.0M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Solana Company's Piotroski F-Score?

Solana Company (HSDTW) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Solana Company's earnings high quality?

Solana Company (HSDTW) has an earnings quality ratio of 0.94x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Solana Company?

Solana Company (HSDTW) scores 14 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.