FY2025 · ended Dec 31, 2025 · Revenue $548,000, +5.4% YoY · Filed Mar 31, 2026
Solana Company (HSDT) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $548,000 and a net loss of $40.9 million.
Revenue (TTM)
$6.60M
+1983.0% vs year-ago TTM
Net income (TTM)
$-157.27M
-638.9% vs year-ago TTM
Operating cash flow (TTM)
$-26.94M
-135.5% vs year-ago TTM
Free cash flow
$-11.05M
-5.8% vs prior year
EPS (TTM)
$-2.59
+99.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
55.03M
+798.3% vs prior year
Net cash
$1.08M
FY 2024
Operating margin
-5585.3%
FY 2026
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- HSDT (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Philadelphia, PA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1610853
- Former names
- HELIUS MEDICAL TECHNOLOGIES, INC. (until Sep 29, 2025); HELIUS MEDICAL TECHNOLOGIES, INC (until May 17, 2018)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $548,000 | $520,000 | $605,000 | $778,000 | $493,000 |
| Operating income | -$243.8M | -$13.9M | -$12.4M | -$15.5M | -$18.1M |
| Net income | -$40.9M | -$11.7M | -$8.8M | -$14.1M | -$18.1M |
| Diluted EPS | -$1.85 | -$3,282.26 | -$14.56 | -$52.13 | -$7.38 |
| Operating cash flow | -$16.5M | -$11.0M | -$10.4M | -$14.3M | -$13.4M |
| Free cash flow | — | -$11.0M | -$10.4M | -$14.3M | -$13.4M |
| Total assets | $303.9M | $3.5M | $7.7M | $17.3M | $14.1M |
| Total liabilities | $3.0M | $2.5M | $5.3M | $9.1M | $2.8M |
| Stockholders' equity | $300.9M | $1.1M | $2.4M | $8.2M | $11.3M |
| Cash and investments | $7.3M | $1.1M | $5.2M | $14.5M | — |
| Total debt | — | $12,000 | $57,000 | $110,000 | $3,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Sep 30, 2026 | Sep 30, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 14, 2026 | Aug 14, 2026 |
| 8-K |
Current report
Material agreement
|
May 29, 2026 | May 29, 2026 |
| 8-K |
Current report
Shareholder vote results, Other events
|
May 22, 2026 | May 21, 2026 |
| 10-Q | Quarterly report | May 15, 2026 | Mar 31, 2026 |
All 729 Solana Company SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.