SOLAI (SLAI) Q3 2025 earnings summary

Executive summary

• Solana treasury strategy is generating yield, with community members staking on the independent validator node.

• Core technology for the DOLAI stablecoin validated, enabling cross-border payment use cases; focus now on product development.

Financial highlights

• Revenue for Q3 2025 was $4.4M, down $0.4M year-over-year and flat sequentially.

• Operating loss was $2.7M, improving from $4.8M year-over-year and $5.8M sequentially.

• Net loss attributable to shareholders was $2.5M, down from $4.8M year-over-year and $5.8M sequentially.

• Non-GAAP adjusted net loss was $2.4M, compared to $4.8M year-over-year and $5.5M sequentially.

• Basic and diluted loss per ADS was $0.14; non-GAAP adjusted loss per ADS was $0.13.

Segment performance

• Self-mining revenue was $1.5M, down $1.5M year-over-year and $0.1M sequentially; DOGE/LTC mining machines are currently shut down.

• BTC mining produced 7.1 BTC, generating $0.8M in revenue.

• Data center operations generated $2.9M in revenue, up $1.1M year-over-year and $0.1M sequentially.