Solana Company (HSDT)Financial Services | Asset Management | Newtown, United States | NasdaqCM
2.35 USD
-0.04
(-1.674%) ⇩
(Oct. 13, 2026, 4 p.m.
EDT)
After hours: 2.33 -0.02 (-0.020%) ⇩ (Oct. 13, 2026, 7:31 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 7:59 a.m. EDT
The investment case here is fundamentally broken. The company has endured eight consecutive years of negative annual returns, culminating in a catastrophic -100% cumulative decline over the last nine years. This is not a temporary setback; the market has priced in a complete failure of the business model, reflected in the negative earnings, massive cash burn, and a rejected merger offer. While the stock trades at a low multiple relative to book value, this is a classic value trap where the price reflects the reality of deteriorating fundamentals rather than a margin of safety. The recent news of a proposed borrowing mechanism against staked assets suggests a desperate attempt to generate liquidity rather than sustainable organic growth. With no dividend to provide income and a statistical forecast model showing zero reliability due to extreme volatility, there is no rational basis for a near-term entry. The options market confirms this pessimism, with traders buying insurance against further collapse rather than betting on a recovery. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.198194 |
| MSTL | 0.199515 |
| AutoARIMA | 0.210440 |
| AutoTheta | 0.230042 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 283.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.176 |
| Excess Kurtosis | -0.49 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Revenue per Share | 0.197 |
| Market Cap | 152,995,744 |
| Trailing P/E | 0.04 |
| Forward P/E | -21.36 |
| Beta | 1.12 |
| Previous Name | Helius Medical Technologies, Inc. |
| Website | https://www.solanacompany.co |
As of Oct. 10, 2026, 7:59 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by heavy put volume and open interest concentrated at strikes significantly below the current price (e.g., $1.00 and $2.00). Call activity is minimal and skewed toward deep out-of-the-money strikes, indicating a lack of immediate bullish conviction despite some speculative interest in a rebound to $5.00.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.8498744 |
| Address1 | 642 Newtown Yardley Road |
| Address2 | Suite 100 |
| All Time High | 27,168,750.0 |
| All Time Low | 1.185 |
| Ask | 3.0 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 560,420 |
| Average Daily Volume3 Month | 367,036 |
| Average Volume | 367,036 |
| Average Volume10Days | 560,420 |
| Beta | 1.116 |
| Bid | 1.7 |
| Bid Size | 2 |
| Book Value | 2.805 |
| City | Newtown |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.35 |
| Current Ratio | 13.314 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 2.4199 |
| Day Low | 2.3184 |
| Display Name | Solana |
| Dividend Date | 1,609,718,400 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,723,494,600 |
| Earnings Call Timestamp Start | 1,723,494,600 |
| Earnings Timestamp End | 1,755,259,200 |
| Earnings Timestamp Start | 1,754,909,940 |
| Ebitda | -368,475,008 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -0.376 |
| Enterprise To Revenue | 11.467 |
| Enterprise Value | 138,430,960 |
| Eps Current Year | -1.71 |
| Eps Forward | -0.11 |
| Eps Trailing Twelve Months | 53.74 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.2568 |
| Fifty Day Average Change | 0.09319997 |
| Fifty Day Average Change Percent | 0.0412974 |
| Fifty Two Week Change Percent | -84.987434 |
| Fifty Two Week High | 16.81 |
| Fifty Two Week High Change | -14.459999 |
| Fifty Two Week High Change Percent | -0.86020225 |
| Fifty Two Week Low | 1.185 |
| Fifty Two Week Low Change | 1.165 |
| Fifty Two Week Low Change Percent | 0.98312235 |
| Fifty Two Week Range | 1.185 - 16.81 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,403,875,800,000 |
| Float Shares | 45,072,568 |
| Forward Eps | -0.11 |
| Forward P E | -21.363636 |
| Free Cashflow | -367,301,120 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 21 |
| Fullday Change | -0.06000018 |
| Fullday Change Percent | -2.5104678 |
| Fullday Price | 2.35 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.95527 |
| Gross Profits | 11,532,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.16194999 |
| Held Percent Institutions | 0.25865 |
| Implied Shares Outstanding | 65,104,574 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,751,328,000 |
| Last Split Factor | 1:50 |
| Long Business Summary | Solana Company operates as a listed digital asset treasury. The company enhances Solana tokens per share on the commercially viable blockchain for decentralized finance and consumer applications. It also focuses on neurological wellness. In addition, the company offers Portable Neuromodulation Stimulator, a non-implantable medical device, which delivers mild electrical stimulation to the surface of the tongue to provide treatment of gait deficit and chronic balance deficit. Solana Company is headquartered in Newtown, Pennsylvania. |
| Long Name | Solana Company |
| Market | us_market |
| Market Cap | 152,995,744 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_266639642 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-14 |
| Net Income To Common | -157,274,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 174,121,064 |
| Number Of Analyst Opinions | 2 |
| Open | 2.39 |
| Operating Cashflow | -26,944,000 |
| Operating Margins | -12.93468 |
| Payout Ratio | 0.0 |
| Phone | 215 944 6100 |
| Post Market Change | -0.01999998 |
| Post Market Change Percent | -0.8510631 |
| Post Market Price | 2.33 |
| Post Market Time | 1,791,934,271 |
| Prev Name | Helius Medical Technologies, Inc. |
| Previous Close | 2.39 |
| Price Eps Current Year | -1.3742689 |
| Price Hint | 4 |
| Price To Book | 0.8377896 |
| Price To Sales Trailing12 Months | 12.673604 |
| Profit Margins | 0.0 |
| Quick Ratio | 1.689 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0400002 |
| Regular Market Change Percent | -1.67365 |
| Regular Market Day High | 2.4199 |
| Regular Market Day Low | 2.3184 |
| Regular Market Day Range | 2.3184 - 2.4199 |
| Regular Market Open | 2.39 |
| Regular Market Previous Close | 2.39 |
| Regular Market Price | 2.35 |
| Regular Market Time | 1,791,921,600 |
| Regular Market Volume | 219,565 |
| Return On Assets | -2.50614 |
| Return On Equity | -1.79011 |
| Revenue Growth | 57.744 |
| Revenue Per Share | 0.197 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 65,104,574 |
| Shares Percent Shares Out | 0.026600001 |
| Shares Short | 1,613,831 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 1,074,637 |
| Short Name | Solana Company |
| Short Percent Of Float | 0.0299 |
| Short Ratio | 2.92 |
| Source Interval | 15 |
| State | PA |
| Symbol | HSDT |
| Target High Price | 4.0 |
| Target Low Price | 3.0 |
| Target Mean Price | 3.5 |
| Target Median Price | 3.5 |
| Total Cash | 3,647,000 |
| Total Cash Per Share | 0.06 |
| Total Debt | 0 |
| Total Revenue | 12,072,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 53.74 |
| Trailing P E | 0.043729063 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.157275 |
| Two Hundred Day Average Change | 0.19272494 |
| Two Hundred Day Average Change Percent | 0.089337215 |
| Type Disp | Equity |
| Volume | 219,565 |
| Website | https://www.solanacompany.co |
| Zip | 18,940 |