Soluna Holdings, Inc.

NasdaqCM:SLNH.P Stock Report

Market Cap: US$108.1m

Soluna Holdings Management

Management criteria checks 2/4

Soluna Holdings' CEO is John Belizaire, appointed in May 2023, has a tenure of 2.58 years. total yearly compensation is $2.18M, comprised of 20.6% salary and 79.4% bonuses, including company stock and options. directly owns 1.77% of the company’s shares, worth $1.92M. The average tenure of the management team and the board of directors is 2.6 years and 7 years respectively.

Key information

John Belizaire

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage20.62%
CEO tenure2.6yrs
CEO ownership1.8%
Management average tenure2.6yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Belizaire's remuneration changed compared to Soluna Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-US$95m

Jun 30 2025n/an/a

-US$74m

Mar 31 2025n/an/a

-US$77m

Dec 31 2024US$2mUS$450k

-US$74m

Sep 30 2024n/an/a

-US$39m

Jun 30 2024n/an/a

-US$37m

Mar 31 2024n/an/a

-US$35m

Dec 31 2023US$442kUS$425k

-US$36m

Sep 30 2023n/an/a

-US$58m

Jun 30 2023n/an/a

-US$107m

Mar 31 2023n/an/a

-US$112m

Dec 31 2022US$350kUS$350k

-US$112m

Sep 30 2022n/an/a

-US$87m

Jun 30 2022n/an/a

-US$30m

Mar 31 2022n/an/a

-US$16m

Dec 31 2021US$1mUS$47k

-US$7m

Compensation vs Market: John's total compensation ($USD2.18M) is above average for companies of similar size in the US market ($USD596.97K).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.


CEO

John Belizaire (53 yo)

2.6yrs
Tenure
US$2,182,044
Compensation

Mr. John Belizaire is Chief Executive Officer of Soluna Callisto Holdings Inc., (formerly known as Soluna Computing, Inc) and EcoChain, Inc. He is Director of Soluna Holdings, Inc. from October 2021 and se...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Toporek
Executive Chairman9.2yrsUS$7.05m4.28%
$ 4.6m
John Belizaire
CEO & Director2.6yrsUS$2.18m1.77%
$ 1.9m
David Michaels
Interim CFOless than a yearUS$553.48k0.55%
$ 599.7k
Jim Reynolds
Vice President of Operations1.9yrsno datano data
Jessica Thomas
Chief Accounting Officer & Corporate Secretary2.9yrsUS$294.47k0.16%
$ 177.8k
Dipul Patel
Chief Technology Officerno datano datano data
Mary O'Reilly
Chief People Officer4.3yrsUS$349.27k0.43%
$ 461.7k
Lisa Brennan
Corporate Controller4.9yrsno datano data
Kim Lloyd
Marketing Consultant - MTI Instrumentsno datano datano data
2.6yrs
Average Tenure
53yo
Average Age

Experienced Management: SLNH.P's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Toporek
Executive Chairman9.2yrsUS$7.05m4.28%
$ 4.6m
John Belizaire
CEO & Director4.2yrsUS$2.18m1.77%
$ 1.9m
David Michaels
Interim CFO12.3yrsUS$553.48k0.55%
$ 599.7k
Thomas Marusak
Independent Director21yrsUS$573.90k0.51%
$ 549.5k
William Phelan
Lead Independent Director21yrsUS$989.52k0.59%
$ 635.3k
Matthew Lipman
Director9.2yrsUS$448.54k0.43%
$ 461.9k
Daniel Golding
Member of Advisory Board2.1yrsno datano data
Edward Hirshfield
Independent Director9.2yrsUS$433.54k0.43%
$ 460.2k
William Hazelip
Independent Director4.8yrsUS$433.54k0.43%
$ 460.5k
Agnieska Budzyn
Directorless than a yearno datano data
John Bottomley
Independent Director4.2yrsUS$448.54k0.43%
$ 461.5k
Ernest Popescu
Member of Advisory Board1yrno datano data
7.0yrs
Average Tenure
57yo
Average Age

Experienced Board: SLNH.P's board of directors are considered experienced (7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/03 19:10
End of Day Share Price 2025/12/03 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Soluna Holdings, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin DedeH.C. Wainwright & Co.