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HSDTNasdaqFinance ServicesFiscal year ends December 31

Solana Co

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$2.24+0.00 (0.00%)

Close on Oct 19, 2026

Market cap
$178.66M
P/E (TTM)
–
Dividend yield
–

About Solana

Finance Services, SIC 6199

Solana Company operates primarily as a digital asset treasury focused on acquiring, holding, and managing Solana tokens, while also engaging in network staking and yield-generation activities across the blockchain ecosystem. To a smaller extent, the enterprise functions as a neurotechnology and medical device developer. Its flagship healthcare product is the Portable Neuromodulation Stimulator (PoNS), a non-implantable medical device combining a controller and mouthpiece with supervised exercise therapy to treat neurological balance and gait deficits. The organization's target customers comprise public market investors seeking cryptocurrency exposure, institutional blockchain partners such as market makers and exchanges, as well as adult physical therapy and rehabilitation patients.

The business maintains regulatory authorizations and commercial operations across the United States, Canada, and Australia. It employs 21 full-time workers, including 18 located in the United States, two in Canada, and one in Hong Kong. In addition, its digital asset reserves are stored with two custodians in the United States. Corporate headquarters are located in Newtown, Pennsylvania.

Summary of the business section of Solana's latest annual report, written by StockData.

Company profile

Company

Legal name
Solana Co
Founded
2014
Headquarters
Philadelphia, PA
Address
1650 Market Street, Suite 3600 19103
Phone
(215) 944-6100
Employees
21, Dec 31, 2025
Industry
Finance Services
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Baker Tilly US, LLP, Minneapolis, Minnesota

Stock & identifiers

Ticker
HSDT
Exchange
Nasdaq
Shares outstanding
60M, Aug 12, 2026
Public float
$6.19M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
1-for-758 reverse, Aug 14, 2025; 1-for-50 reverse, Jul 1, 2025; 1-for-15 reverse, May 2, 2025; 1-for-104 reverse, Nov 9, 2023; 1-for-50 reverse, Aug 17, 2023; 1-for-35 reverse, Jan 4, 2021; 1-for-35 reverse, Dec 31, 2020; 1-for-5 reverse, Jan 23, 2018; 1-for-5 reverse, Jan 22, 2018
SEC CIK
1610853
CUSIP
42328V876
ISIN
US42328V8761
LEI
549300BWJLIT2S349463
EIN
36-4787690

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Choon Wee CheeCEO and President, Director13,316,645
Jeffrey S. MathiesenCFO and Treasurer, Director11,948
Dane AndreeffPresident and CEO, Director22,619
Agustina Gani TjandrasuwitaSee Remarks–
Pelt Antonella R. Favit-VanChief Medical Officer–
Cosmo Yi JiangDirector1,005,040
Michel Kai Tai LeeDirector6,360
Blane WalterDirector2,182
Sergio MelloDirector6,360
Edward M. StrawDirector2,182
Paul BuckmanDirector92,004
Sherrie L. PerkinsDirector92,220

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mr. Andreeff
$2.13M$1.79M$4.21M$0–
FY2024
Mr. Andreeff
$1.27M$876.79K$814.74K$0–
FY2023
Mr. Andreeff
$1.64M$1.05M$922.50K$1–
FY2022
Mr.Andreeff
$602.74K$44.74K$494.84K$2–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had 21 full-time employees, of which 18 are located in the United States, two are located in Canada and one is located in Hong Kong.”

Corporate history

Events identified from SEC filings