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Solana Co balance sheet

At the end of fiscal 2025, Solana Co had total assets of $304m, total liabilities of $3.0m and shareholders' equity of $301m. It held $7.3m in cash against $0 of debt: net cash of $7.3m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents———11155174
Receivables0000000——
Inventory01001011—
Total current assets27751317733129
Goodwill—111—————
Total assets28107141784304176
Accounts payable221111121
Deferred revenue (current)—0000————
Total current liabilities1842322232
Total debt000000000
Total liabilities1853395236
Shareholders' equity106411821301166
Non-controlling interests and other (assets − liabilities − equity)————————4
Net debt (negative = net cash)———−11−15−5−1−7−4
Shares outstanding————————57m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Solana Co's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Solana Co.