SOLANA COMPANY
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5M | $3.6M | $5.2M | $697.0K | $43.0K | $49.0K | $152.0K | $51.0K |
| Cost of Revenue | $77.0K | $180.0K | $180.0K | $103.0K | $96.0K | $121.0K | $154.0K | $187.0K |
| Gross Profit | $2.4M | $3.4M | $5.0M | $594.0K | $-53.0K | $-72.0K | $-2.0K | $-136.0K |
| Gross Margin | 97.0% | 95.0% | 96.6% | 85.2% | -123.3% | -146.9% | -1.3% | -266.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $886.0K | $858.0K | $822.0K | $945.0K | $924.0K | $1.1M |
| SG&A Expense | $11.1M | $5.2M | $13.0M | $4.6M | $2.4M | $3.0M | $2.2M | $2.9M |
| Operating Income | $-32.7M | $-99.6M | $-201.1M | $-35.5M | $-3.3M | $-4.0M | $-3.1M | $-4.1M |
| Operating Margin | -1,293.5% | -2,751.1% | -3,845.8% | -5,086.1% | -7,725.6% | -8,185.7% | -2,070.4% | -7,980.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-30.3M | $-99.8M | $325.5M | $-352.8M | $-9.8M | $-3.8M | $-3.9M | $-3.7M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-30.3M | $-99.8M | $325.5M | $-352.8M | $-9.8M | $-3.8M | $-3.9M | $-3.7M |
| Net Margin | -1,197.8% | -2,756.1% | 6,227.0% | -50,612.3% | -22,867.4% | -7,832.7% | -2,584.2% | -7,227.5% |
| EPS (Basic) | $-0.38 | $-1.30 | $493.06 | $-4.11 | $-9.97 | $-47.79 | $-256.19 | $-23.26 |
| EPS (Diluted) | $-0.38 | $-1.30 | $493.06 | $-4.11 | $-9.97 | $-47.79 | $-256.19 | $-23.26 |
| Shares Outstanding (Basic) | 79.8M | 76.7M | 22.0M | 85.8M | 986.7K | 60.5M | 21.7M | 119.7M |
| Shares Outstanding (Diluted) | 79.8M | 76.7M | 22.0M | 85.8M | 986.7K | 60.5M | 21.7M | 119.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |