Microcap Ledger Solana Co $HSDT
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- Nasdaq Capital Market
- Sector
- Finance Services
- Headquarters
- Philadelphia, PA
- Fiscal year end
- December 31
- Shares outstanding
- 60,458,703 [10-Q 2026-08-14]
What the company doesAI summary of filing
Solana Company is a digital asset treasury company that acquires and holds Solana tokens (SOL), with the objective of maximizing SOL per share through capital markets and onchain opportunities. The company generates revenue through staking rewards on its SOL holdings, treasury productivity measures including lending and DeFi strategies, and capital markets activities. To a lesser extent, the company operates a neurotechnology business that develops and commercializes the PoNS device, a non-implantable medical device for treating gait and balance deficits, which has generated commercial revenue since 2022 in the U.S. and since 2019 in Canada. The company adopted its digital asset treasury strategy in September 2025 and expects it to be its principal strategic focus going forward. [10-K 2026-03-31]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| 6 months to Jun 2026 | $6.15M | −$130.06M | −$16.72M | $3.65M | [10-Q 2026-08-14] |
| FY ended Dec 2025 | $6.02M | −$40.90M | −$16.51M | $7.28M | [10-K 2026-03-31] |
| FY ended Dec 2024 | $520.0K | −$11.70M | −$11.04M | $1.09M | [10-K 2026-03-31] |
- Quarterly cash burn
- −$8.36M
- Cash runway Estimate
- ~1.3 months
Capital structure and dilution
| Date | Shares outstanding | Filing |
|---|---|---|
| 2024-11-07 | 3,728,172 | [10-Q 2024-11-12] |
| 2025-03-18 | 6,126,778 | [10-K 2025-03-25] |
| 2025-04-28 | 7,920,928 | [10-Q 2025-05-01] |
| 2025-08-08 | 1,077,257 | [10-Q 2025-08-14] |
| 2025-11-17 | 41,301,400 | [10-Q 2025-11-18] |
| 2026-03-27 | 55,034,047 | [10-K 2026-03-31] |
| 2026-05-12 | 58,386,675 | [10-Q 2026-05-15] |
| 2026-08-12 | 60,458,703 | [10-Q 2026-08-14] |
- Shelf registration
- S-3ASR filed 2025-10-20; declared effective 2026-04-08 [S-3ASR 2025-10-20]
Listing status
Current status: 2 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-04-04. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.
| Date | Event | Details | Deadline | Filing |
|---|---|---|---|---|
| 2025-04-04 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2025-04-04] |
| 2025-02-07 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2025-02-07] |
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-06-02 | Jiang Cosmo Yi | exercise | 1,005,040 | $0.00 | [4 2026-06-04] |
| 2026-06-02 | Jiang Cosmo Yi | other | 610 | $1.65 | [4 2026-06-04] |
| 2026-05-21 | Mello Sergio | grant | 6,360 | — | [4 2026-05-26] |
| 2026-05-21 | Lee Michel Kai Tai | grant | 6,360 | — | [4 2026-05-26] |
| 2026-05-21 | Straw Edward M | grant | 6,360 | — | [4 2026-05-26] |
| 2026-05-11 | Summer Wisdom Holdings Ltd | other | 1,453,277 | — | [4 2026-07-13] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-09-30 | 424B5 | Prospectus or prospectus supplement |
| 2026-09-30 | 8-K | Regulation FD disclosure; Other events |
| 2026-09-15 | 13D/A | Beneficial ownership report (5%+ holder) |
| 2026-08-24 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-08-14 | 10-Q | Quarterly report |
| 2026-08-14 | 8-K | Results of operations |
| 2026-05-29 | 8-K | Material agreement entered |
| 2026-05-29 | 424B5 | Prospectus or prospectus supplement |
| 2026-05-26 | 13D/A | Beneficial ownership report (5%+ holder) |
| 2026-05-22 | 8-K | Shareholder vote results; Other events |
| 2026-05-15 | 10-Q | Quarterly report |
| 2026-05-15 | 8-K | Results of operations |
Alerts for $HSDT
Email me when Solana Co files an offering, gets a deficiency notice, or moves sharply.
Facts as of . Small caps move fast; check the latest filings.