Symbols / HSDT
HSDT Chart
About
Solana Company operates as a listed digital asset treasury. It enhances SOL per share on the commercially viable blockchain for decentralized finance and consumer applications. The company is headquartered in Newtown, Pennsylvania.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Asset Management | Market Cap | 84.25M |
| Enterprise Value | -32.77M | Income | -370.37M | Sales | 941.00K |
| Book/sh | -3.78 | Cash/sh | 3.00 | Dividend Yield | — |
| Payout | 0.00% | Employees | 21 | IPO | — |
| P/E | — | Forward P/E | -0.85 | PEG | — |
| P/S | 89.54 | P/B | -0.54 | P/C | — |
| EV/EBITDA | 2.24 | EV/Sales | -34.83 | Quick Ratio | 39.52 |
| Current Ratio | 40.03 | Debt/Eq | — | LT Debt/Eq | — |
| EPS (ttm) | -829.83 | EPS next Y | -2.41 | EPS Growth | — |
| Revenue Growth | 12.67% | Earnings | 2025-11-18 16:00 | ROA | -3.98% |
| ROE | — | ROIC | — | Gross Margin | 49.63% |
| Oper. Margin | -7.04% | Profit Margin | 0.00% | Shs Outstand | 41.30M |
| Shs Float | 24.86M | Short Float | 3.92% | Short Ratio | 3.11 |
| Short Interest | — | 52W High | 450.00 | 52W Low | 1.81 |
| Beta | 1.05 | Avg Volume | 587.77K | Volume | 280.61K |
| Target Price | — | Recom | None | Prev Close | $2.21 |
| Price | $2.04 | Change | -7.69% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
—
Mean price target
2. Current target
$2.02
Latest analyst target
3. DCF / Fair value
$-55.49
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.02
Low
—
High
—
Mean
—
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2024-03-05 | main | Roth MKM | Buy → Buy | $24 |
- Solana Company (HSDT) Stock: Soars 14% on New Staked SOL Borrowing Strategy - CoinCentral Fri, 13 Feb 2026 22
- Borrow while earning SOL staking rewards: new model for institutions - Stock Titan Fri, 13 Feb 2026 14
- HSDT Stock Rises 15% After Launching Solana-Backed Lending Program - Bitget Fri, 13 Feb 2026 18
- Solana's crypto supercycle could begin in Asia, says HSDT executive chairman - MSN hu, 12 Feb 2026 17
- Solana's Crypto Supercycle Could Begin In Asia, Says HSDT Executive Chairman - Stocktwits hu, 12 Feb 2026 11
- What is the fair value of HSDT stock now - July 2025 Pullbacks & Safe Entry Zone Tips - mfd.ru Sat, 14 Feb 2026 06
- Solana (SOL) Treasury News: HSDT Moves Forward With PIPE Share Unlock Amid 60% Stock Slide - CoinDesk Mon, 20 Oct 2025 07
- HELIUS MEDICAL TECHNOLOGIES Earnings Results: $HSDT Reports Quarterly Earnings - Quiver Quantitative ue, 18 Nov 2025 08
- Solana Company (HSDT) Stock Rallies as Firm Launches Institutional SOL Loans - CoinCentral Sun, 15 Feb 2026 08
- Helius (NASDAQ:HSDT), in Partnership with Pantera Capital and Summer Capital Closes Over $500 Million Private Placement to Launch SOL Treasury Company - PR Newswire hu, 18 Sep 2025 07
- Solana Company adds $20 million in SOL, touts 7% yield as institutional staking funds hit the market - The Block Wed, 29 Oct 2025 07
- Solana Co. (NASDAQ: HSDT) adds SOL staking with Helius (13M SOL) and Twinstake - Stock Titan hu, 23 Oct 2025 07
- Solana Company Moves Forward with Share Resale Registration to Strengthen Investor Confidence and Long-Term Growth | HSDT Stock News - Quiver Quantitative Mon, 20 Oct 2025 07
- 3.7M Daily Active Users: Helius Tech Rebrands to Solana Company, Backs $500M Treasury Strategy - Stock Titan Mon, 29 Sep 2025 07
- Solana Company (NASDAQ: HSDT) OKs open-ended buyback of up to $100M in common stock - Stock Titan Wed, 05 Nov 2025 08
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -15.74M | -15.19M | -16.02M | -17.83M |
| TotalUnusualItems | 1.94M | 3.08M | 1.51M | 10.00K |
| TotalUnusualItemsExcludingGoodwill | 1.94M | 3.08M | 1.51M | 10.00K |
| NetIncomeFromContinuingOperationNetMinorityInterest | -11.74M | -8.85M | -14.07M | -18.13M |
| ReconciledDepreciation | 60.00K | 162.00K | 255.00K | 312.00K |
| ReconciledCostOfRevenue | 546.00K | 538.00K | 389.00K | 186.00K |
| EBITDA | -13.80M | -12.11M | -14.50M | -17.82M |
| EBIT | -13.86M | -12.27M | -14.76M | -18.13M |
| NetInterestIncome | -17.00K | 257.00K | -834.00K | 0.00 |
| InterestExpense | 834.00K | 0.00 | ||
| NormalizedIncome | -13.68M | -11.93M | -15.59M | -18.14M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -11.74M | -8.85M | -14.07M | -18.13M |
| TotalExpenses | 14.38M | 12.91M | 15.55M | 18.66M |
| TotalOperatingIncomeAsReported | -13.90M | -12.43M | -15.52M | -18.14M |
| DilutedAverageShares | 3.61K | 952.00 | 752.00 | 100.00 |
| BasicAverageShares | 3.61K | 952.00 | 752.00 | 100.00 |
| DilutedEPS | -3.25K | -9.30K | -18.71K | -181.32K |
| BasicEPS | -3.25K | -9.30K | -18.71K | -181.32K |
| DilutedNIAvailtoComStockholders | -11.74M | -8.85M | -14.07M | -18.13M |
| NetIncomeCommonStockholders | -11.74M | -8.85M | -14.07M | -18.13M |
| NetIncome | -11.74M | -8.85M | -14.07M | -18.13M |
| NetIncomeIncludingNoncontrollingInterests | -11.74M | -8.85M | -14.07M | -18.13M |
| NetIncomeContinuousOperations | -11.74M | -8.85M | -14.07M | -18.13M |
| TaxProvision | 0.00 | 0.00 | 0.00 | 0.00 |
| PretaxIncome | -11.74M | -8.85M | -14.07M | -18.13M |
| OtherIncomeExpense | 2.14M | 3.16M | 1.52M | 10.00K |
| OtherNonOperatingIncomeExpenses | 203.00K | 80.00K | 7.00K | |
| SpecialIncomeCharges | -40.00K | -159.00K | -757.00K | 0.00 |
| ImpairmentOfCapitalAssets | 40.00K | 159.00K | 757.00K | 0.00 |
| GainOnSaleOfSecurity | 1.98M | 3.24M | 2.27M | 10.00K |
| NetNonOperatingInterestIncomeExpense | -17.00K | 257.00K | -834.00K | 0.00 |
| TotalOtherFinanceCost | 17.00K | -257.00K | 834.00K | |
| InterestExpenseNonOperating | 834.00K | 0.00 | ||
| OperatingIncome | -13.86M | -12.27M | -14.76M | -18.14M |
| OperatingExpense | 13.80M | 12.33M | 15.08M | 18.37M |
| DepreciationAmortizationDepletionIncomeStatement | 24.00K | 117.00K | 181.00K | 200.00K |
| DepreciationAndAmortizationInIncomeStatement | 24.00K | 117.00K | 181.00K | 200.00K |
| Amortization | 24.00K | 117.00K | 181.00K | 200.00K |
| AmortizationOfIntangiblesIncomeStatement | 24.00K | 117.00K | 181.00K | 200.00K |
| ResearchAndDevelopment | 3.66M | 2.94M | 4.26M | 5.99M |
| SellingGeneralAndAdministration | 10.12M | 9.27M | 10.64M | 12.18M |
| GrossProfit | -62.00K | 61.00K | 324.00K | 224.00K |
| CostOfRevenue | 582.00K | 583.00K | 463.00K | 298.00K |
| TotalRevenue | 520.00K | 644.00K | 787.00K | 522.00K |
| OperatingRevenue | 476.00K | 605.00K | 778.00K | 493.00K |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 4.97K | 952.00 | 752.00 | 100.00 |
| ShareIssued | 4.97K | 952.00 | 752.00 | 100.00 |
| TotalDebt | 12.00K | 57.00K | 110.00K | 3.00K |
| TangibleBookValue | 1.06M | 2.33M | 8.01M | 10.16M |
| InvestedCapital | 1.06M | 2.35M | 8.15M | 11.26M |
| WorkingCapital | 1.26M | 5.56M | 14.71M | 9.94M |
| NetTangibleAssets | 1.06M | 2.33M | 8.01M | 10.16M |
| CapitalLeaseObligations | 12.00K | 57.00K | 110.00K | 3.00K |
| CommonStockEquity | 1.06M | 2.35M | 8.15M | 11.26M |
| TotalCapitalization | 1.06M | 2.35M | 8.15M | 11.26M |
| TotalEquityGrossMinorityInterest | 1.06M | 2.35M | 8.15M | 11.26M |
| StockholdersEquity | 1.06M | 2.35M | 8.15M | 11.26M |
| GainsLossesNotAffectingRetainedEarnings | 333.00K | -673.00K | -388.00K | -1.12M |
| OtherEquityAdjustments | 333.00K | -673.00K | -388.00K | -1.12M |
| RetainedEarnings | -171.70M | -159.96M | -151.11M | -137.03M |
| AdditionalPaidInCapital | 172.42M | 162.98M | 159.65M | 149.41M |
| CapitalStock | 4.00K | 1.00K | 1.00K | 4.00K |
| CommonStock | 4.00K | 1.00K | 1.00K | 4.00K |
| PreferredStock | 0.00 | 0.00 | ||
| TotalLiabilitiesNetMinorityInterest | 2.48M | 5.34M | 9.14M | 2.85M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 320.00K | 3.46M | 7.15M | 193.00K |
| DerivativeProductLiabilities | 241.00K | 3.32M | 6.92M | 0.00 |
| NonCurrentDeferredLiabilities | 79.00K | 128.00K | 175.00K | 193.00K |
| NonCurrentDeferredRevenue | 79.00K | 128.00K | 175.00K | 193.00K |
| LongTermDebtAndCapitalLeaseObligation | 0.00 | 12.00K | 56.00K | 0.00 |
| LongTermCapitalLeaseObligation | 0.00 | 12.00K | 56.00K | 0.00 |
| CurrentLiabilities | 2.16M | 1.88M | 1.99M | 2.65M |
| OtherCurrentLiabilities | 100.00K | 85.00K | 60.00K | 73.00K |
| CurrentDeferredLiabilities | 39.00K | 43.00K | 27.00K | 148.00K |
| CurrentDeferredRevenue | 39.00K | 43.00K | 27.00K | 148.00K |
| CurrentDebtAndCapitalLeaseObligation | 12.00K | 45.00K | 54.00K | 3.00K |
| CurrentCapitalLeaseObligation | 12.00K | 45.00K | 54.00K | 3.00K |
| PensionandOtherPostRetirementBenefitPlansCurrent | 759.00K | 509.00K | 509.00K | 970.00K |
| PayablesAndAccruedExpenses | 1.25M | 1.20M | 1.34M | 1.46M |
| CurrentAccruedExpenses | 24.00K | 52.00K | 119.00K | 197.00K |
| Payables | 1.23M | 1.15M | 1.22M | 1.26M |
| OtherPayable | 356.00K | 446.00K | 592.00K | |
| TotalTaxPayable | 0.00 | 168.00K | 0.00 | 193.00K |
| AccountsPayable | 873.00K | 531.00K | 627.00K | 1.07M |
| TotalAssets | 3.54M | 7.69M | 17.29M | 14.10M |
| TotalNonCurrentAssets | 118.00K | 254.00K | 590.00K | 1.51M |
| GoodwillAndOtherIntangibleAssets | 0.00 | 24.00K | 140.00K | 1.10M |
| OtherIntangibleAssets | 24.00K | 140.00K | 333.00K | |
| Goodwill | 0.00 | 763.00K | ||
| NetPPE | 118.00K | 230.00K | 450.00K | 412.00K |
| AccumulatedDepreciation | -395.00K | -359.00K | -314.00K | -241.00K |
| GrossPPE | 513.00K | 589.00K | 764.00K | 653.00K |
| Leases | 0.00 | |||
| OtherProperties | 247.00K | 243.00K | 476.00K | 376.00K |
| MachineryFurnitureEquipment | 255.00K | 294.00K | 288.00K | 277.00K |
| BuildingsAndImprovements | 11.00K | 52.00K | ||
| Properties | 0.00 | 0.00 | 0.00 | |
| CurrentAssets | 3.42M | 7.44M | 16.70M | 12.59M |
| OtherCurrentAssets | 333.00K | 399.00K | 862.00K | |
| CurrentDeferredAssets | 7.00K | 140.00K | 0.00 | |
| PrepaidAssets | 603.00K | 689.00K | 817.00K | 236.00K |
| Inventory | 1.09M | 790.00K | 988.00K | 1.10M |
| InventoriesAdjustmentsAllowances | -87.00K | -57.00K | -78.00K | -255.00K |
| OtherInventories | 55.00K | 333.00K | 399.00K | 626.00K |
| FinishedGoods | 145.00K | 96.00K | 39.00K | 32.00K |
| WorkInProcess | 402.00K | 67.00K | 284.00K | 528.00K |
| RawMaterials | 576.00K | 351.00K | 344.00K | 171.00K |
| Receivables | 635.00K | 637.00K | 343.00K | 251.00K |
| OtherReceivables | 565.00K | 520.00K | 272.00K | 185.00K |
| AccountsReceivable | 70.00K | 117.00K | 71.00K | 66.00K |
| AllowanceForDoubtfulAccountsReceivable | 0.00 | 0.00 | -1.00K | |
| GrossAccountsReceivable | 70.00K | 117.00K | 72.00K | |
| CashCashEquivalentsAndShortTermInvestments | 1.09M | 5.18M | 14.55M | 11.01M |
| CashAndCashEquivalents | 1.09M | 5.18M | 14.55M | 11.01M |
| CashFinancial | 11.01M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -11.05M | -10.45M | -14.33M | -13.44M |
| RepaymentOfDebt | 0.00 | |||
| IssuanceOfDebt | 0.00 | |||
| IssuanceOfCapitalStock | 2.96M | 500.00K | 18.64M | 22.70M |
| CapitalExpenditure | -5.00K | -29.00K | -17.00K | -56.00K |
| InterestPaidSupplementalData | 0.00 | 927.00K | 0.00 | |
| IncomeTaxPaidSupplementalData | 0.00 | |||
| EndCashPosition | 1.09M | 5.18M | 14.55M | 11.01M |
| BeginningCashPosition | 5.18M | 14.55M | 11.01M | 3.33M |
| EffectOfExchangeRateChanges | -2.00K | 1.00K | -4.00K | -8.00K |
| ChangesInCash | -4.09M | -9.37M | 3.55M | 7.68M |
| FinancingCashFlow | 6.95M | 1.08M | 17.87M | 21.13M |
| CashFlowFromContinuingFinancingActivities | 6.95M | 1.08M | 17.87M | 21.13M |
| NetOtherFinancingCharges | -1.00M | -65.00K | -775.00K | -2.89M |
| ProceedsFromStockOptionExercised | 4.99M | 642.00K | 0.00 | 1.32M |
| NetCommonStockIssuance | 2.96M | 500.00K | 18.64M | 22.70M |
| CommonStockIssuance | 2.96M | 500.00K | 18.64M | 22.70M |
| NetIssuancePaymentsOfDebt | 0.00 | |||
| NetLongTermDebtIssuance | 0.00 | |||
| LongTermDebtPayments | 0.00 | |||
| LongTermDebtIssuance | 0.00 | |||
| InvestingCashFlow | -5.00K | -29.00K | -11.00K | -56.00K |
| CashFlowFromContinuingInvestingActivities | -5.00K | -29.00K | -11.00K | -56.00K |
| NetIntangiblesPurchaseAndSale | 0.00 | -2.00K | ||
| NetPPEPurchaseAndSale | -5.00K | -29.00K | -11.00K | -54.00K |
| SaleOfPPE | 0.00 | 6.00K | 0.00 | |
| PurchaseOfPPE | -5.00K | -29.00K | -17.00K | -54.00K |
| OperatingCashFlow | -11.04M | -10.42M | -14.31M | -13.39M |
| CashFlowFromContinuingOperatingActivities | -11.04M | -10.42M | -14.31M | -13.39M |
| ChangeInWorkingCapital | -8.00K | -311.00K | -1.31M | 127.00K |
| ChangeInOtherWorkingCapital | -41.00K | -35.00K | -124.00K | -160.00K |
| ChangeInOtherCurrentLiabilities | -45.00K | -53.00K | -44.00K | -63.00K |
| ChangeInPayablesAndAccruedExpense | 326.00K | -123.00K | -570.00K | 563.00K |
| ChangeInAccruedExpense | -18.00K | -20.00K | -152.00K | 194.00K |
| ChangeInPayable | 344.00K | -103.00K | -418.00K | 369.00K |
| ChangeInAccountPayable | 344.00K | -103.00K | -418.00K | 369.00K |
| ChangeInPrepaidAssets | 364.00K | 54.00K | -354.00K | -127.00K |
| ChangeInInventory | -607.00K | 137.00K | -111.00K | -87.00K |
| ChangeInReceivables | -5.00K | -291.00K | -103.00K | 1.00K |
| ChangesInAccountReceivables | 41.00K | -44.00K | -9.00K | 30.00K |
| OtherNonCashItems | 41.00K | 52.00K | 85.00K | 82.00K |
| StockBasedCompensation | 2.52M | 1.63M | 2.25M | 4.25M |
| ProvisionandWriteOffofAssets | 28.00K | -5.00K | -2.00K | -22.00K |
| AssetImpairmentCharge | 40.00K | 159.00K | 757.00K | 0.00 |
| DepreciationAmortizationDepletion | 60.00K | 162.00K | 255.00K | 312.00K |
| DepreciationAndAmortization | 60.00K | 162.00K | 255.00K | 312.00K |
| AmortizationCashFlow | 24.00K | 117.00K | 181.00K | 200.00K |
| AmortizationOfIntangibles | 24.00K | 117.00K | 181.00K | 200.00K |
| Depreciation | 36.00K | 45.00K | 74.00K | 112.00K |
| OperatingGainsLosses | -1.98M | -3.25M | -2.28M | -7.00K |
| GainLossOnInvestmentSecurities | -2.98M | -2.97M | -3.03M | |
| NetForeignCurrencyExchangeGainLoss | 999.00K | -286.00K | 746.00K | -25.00K |
| GainLossOnSaleOfPPE | 0.00 | 18.00K | ||
| NetIncomeFromContinuingOperations | -11.74M | -8.85M | -14.07M | -18.13M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for HSDT
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|