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Solana Co

HSDT

$1.69 ▲ +0.02 (+1.20%) at close

15 Visible periods

26 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Neutral

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Analytical Summary

Solana Co shows mixed fundamentals. Consider comparing against peers in the Financials sector before making investment decisions.

Market Cap $37.3M

Dividend Yield —

Revenue Growth 1057.1% ↗

Op. Margin —

ROIC -81.0% ↗

FCF / Share $-0.75 ↗

Trailing P/E —

Price / Book 0.3x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

15-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$6.02M

↑ +1057.1% —

Net Income Profit after all expenses

$-40.89M

↓ -248.2% —

FCF / Share Free cash flow per share

$-0.75

↑ +98.8% —

Health Breakdown

Profitability

Returns ↑

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Revenue Growth YoY (%)	1057.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+17519%)	-19.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-421%)	-18.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-403%)	50.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+746%)	-21.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-450%)	-55.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1030%)	213.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3450%)	—	—	—	—	—	—	—	—
EPS Growth YoY (%)	97.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	70.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	72.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	85.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	37.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	9.2% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	-930.9% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	41.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	-248.2% Weak ↓ Weak Declining Year-over-year change in net income	-32.7% Weak ↓ Weak Declining Year-over-year change in net income	37.1% Excellent ↑ Excellent Improving Year-over-year change in net income	22.4% Good ↑ Good Improving Year-over-year change in net income	-28.3% Weak ↓ Weak Declining Year-over-year change in net income	-44.5% Weak ↓ Weak Declining Year-over-year change in net income	65.8% Excellent Excellent Year-over-year change in net income	-2.1% Weak Weak Year-over-year change in net income	—	—	30.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-821.8% Weak Weak Year-over-year change in net income	87.5% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	98.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	76.3% Excellent Excellent Year-over-year change in free cash flow	67.6% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—	-7.7% Weak Weak Year-over-year change in free cash flow	—	—	—	—
Revenue CAGR 3Y (%)	97.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-0.1% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-0.9% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-19.3% Weak Weak Compound annual revenue growth over 3 years	3.0% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	55.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	-19.1% Weak Weak Compound annual revenue growth over 5 years	6.1% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Effective Tax Rate (%) (%)	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—
FCF Margin (%) (%)	-274.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF / Net Income (x)	0.40x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.94x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	1.18x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.02x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	0.74x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.84x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	2.18x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.70x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.70x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	—	1.15x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.64x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.33x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.00x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Return on Invested Capital (%)	-81.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-1312.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-528.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-190.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-161.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-371.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-411.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-213.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	241.0% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	—	45459.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	495.8% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	314.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	85721.0% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-80.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-392.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-161.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-89.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-128.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-219.7% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-231.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-95.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-335.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	—	-230.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-806.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	-337.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-13.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-213%)	—	—	-172.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1539%)	-161.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1442%)	—	-167.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1497%)	-290.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-2521%)	—	—	—	—	—	—	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Interest Coverage (x)	—	—	—	—	—	—	—	—	—	—	-198.58x Weak Weak Operating income divided by interest expense Optimal: > 5x	-55.58x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—
Net Debt (USD)	$-7.28M	$-1.09M	$-5.18M	$-14.55M	$-11.01M	—	—	—	—	—	$-2.64M	$-418.89K	$-15.97K	$-217.00	$0.00

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Revenue per Share (USD)	$0.27	$2.86	$15.81	$43.52	$158.56	$411.83	$1.48K	$15.66	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-1.85	$-64.63	$-217.31	$-778.06	$-5.51K	$-8.81K	$-9.69K	$-940.31	—	—	$-298.51	$-507.47	—	—	—
Free Cash Flow per Share (USD)	$-0.75	$-60.84	$-256.45	$-792.19	—	—	—	$-657.03	—	—	$-356.18	$-330.77	—	—	—
Book Value per Share (USD)	$6.88	$4.24	$49.08	$215.67	$2.22K	$1.95K	$4.96K	$284.73	$-277.01	$-151.85	$-0.67	$-73.93	$-24.94	—	—
Tangible Book Value per Share (USD)	$6.88	$4.24	$48.58	$211.96	$2.01K	$1.30K	$3.41K	$284.73	$-277.01	$-151.85	$-0.67	$-73.93	$-24.94	—	—
Basic Weighted Avg Shares (shares)	22.05M	181,555	40,729	18,085	3,292	1,605	1,009	30,533	—	—	22,285	19,111	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Working Capital (USD)	$28.14M	$1.26M	$5.56M	$14.71M	$9.94M	$2.26M	$3.44M	$8.99M	$-7.68M	$-3.44M	$1.71M	$18.54K	$-267.98K	—	—
Total Equity (USD)	$300.91M	$1.06M	$2.35M	$8.15M	$11.26M	$3.87M	$5.83M	$9.85M	$-7.49M	$-3.44M	$-16.19K	$-1.56M	$-267.98K	$-7.85K	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Mar 31, 2016 10-K ↗	FY 2014 Mar 31, 2015 10-K ↗	FY 2013 Mar 31, 2014 10-K ↗	FY 2012 Mar 31, 2013 10-K ↗	FY 2011 Mar 31, 2012 10-K ↗
Sales/Revenue/Turnover (USD)	$6.02M	$520.00K	$644.00K	$787.00K	$522.00K	$661.00K	$1.50M	$478.00K	—	—	—	—	—	—	—
Depreciation Expense (USD)	—	$36.00K	$45.00K	$74.00K	$112.00K	$119.00K	$127.00K	$59.00K	$17.00K	—	—	—	—	—	—
Net Income, GAAP (USD)	$-40.89M	$-11.74M	$-8.85M	$-14.07M	$-18.13M	$-14.13M	$-9.78M	$-28.62M	$-28.02M	—	$-6.88M	$-9.84M	$-1.07M	$-8.52M	—
Operating Cash Flow (USD)	$-16.51M	$-11.04M	$-10.42M	$-14.31M	$-13.39M	$-11.74M	$-21.00M	$-19.62M	$-19.32M	—	$-7.94M	$-6.32M	$-348.70K	$-12.01K	—

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Synced 1 week ago 15 years · 52 quarters

Solana Co

Analytical Summary

15-Year Financial Trajectory

Health Breakdown

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