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Soluna Holdings, Inc.

NasdaqCM:SLNH.P Stock Report

Market Cap: US$308.2m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Soluna Holdings Management

Management criteria checks 2/4

Soluna Holdings' CEO is John Belizaire, appointed in May 2023, has a tenure of 3.33 years. total yearly compensation is $6.01M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 2.89% of the company’s shares, worth $8.90M. The average tenure of the management team and the board of directors is 3.3 years and 9.9 years respectively.

Key information

John Belizaire

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage7.71%
CEO tenure3.3yrs
CEO ownership2.9%
Management average tenure3.3yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Belizaire's remuneration changed compared to Soluna Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-US$92m

Mar 31 2026n/an/a

-US$79m

Dec 31 2025US$6mUS$463k

-US$69m

Sep 30 2025n/an/a

-US$95m

Jun 30 2025n/an/a

-US$76m

Mar 31 2025n/an/a

-US$79m

Dec 31 2024US$2mUS$450k

-US$76m

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 ($USD6.01M) is above average for companies of similar size in the US market ($USD2.41M).

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


CEO

John Belizaire (54 yo)

3.3yrs
Tenure
US$6,007,746
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 Chairman9.9yrsUS$12.51m7%
$ 21.6m
John Belizaire
CEO & Director3.3yrsUS$6.01m2.89%
$ 8.9m
Michael Picchi
CFO, Director & Treasurerless than a yearno data0.59%
$ 1.8m
Jim Reynolds
Vice President of Operations2.7yrsno datano data
Jessica Thomas
Chief Accounting Officer & Corporate Secretary3.7yrsUS$294.47k0.62%
$ 1.9m
Mary O'Reilly
Chief People Officer5yrsUS$349.27k0.69%
$ 2.1m
Ryan Carver
Chief Development Officerless than a yearno datano data
Mohamed Loudiyi
Senior Vice President of Power & Grid Integrationless than a yearno datano data
Lisa Brennan
Corporate Controller5.7yrsno datano data
3.3yrs
Average Tenure
54yo
Average Age

Experienced Management: SLNH.P's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Toporek
Executive Chairman9.9yrsUS$12.51m7%
$ 21.6m
John Belizaire
CEO & Director4.9yrsUS$6.01m2.89%
$ 8.9m
Michael Picchi
CFO, Director & Treasurerno datano data0.59%
$ 1.8m
David Michaels
Director13.1yrsUS$1.70m0.83%
$ 2.6m
Thomas Marusak
Independent Director21.8yrsUS$1.45m0.82%
$ 2.5m
William Phelan
Lead Independent Director21.8yrsUS$1.68m0.93%
$ 2.9m
Matthew Lipman
Director9.9yrsUS$1.25m0.70%
$ 2.1m
Daniel Golding
Member of Advisory Board2.8yrsno data0.0035%
$ 10.8k
Edward Hirshfield
Independent Director9.9yrsUS$1.23m0.70%
$ 2.1m
William Hazelip
Independent Director5.6yrsUS$1.23m0.70%
$ 2.1m
Agnieszka Budzyn
Independent Directorless than a yearUS$1.16m0.20%
$ 611.1k
John Bottomley
Independent Director4.9yrsUS$1.25m0.70%
$ 2.1m
9.9yrs
Average Tenure
58.5yo
Average Age

Experienced Board: SLNH.P's board of directors are considered experienced (9.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/20 23:47
End of Day Share Price 2026/09/16 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the 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 3 analysts. 2 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.
Michael ColonneseH.C. Wainwright & Co.
Christopher BrendlerRosenblatt Securities Inc.

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