SHF Holdings, Inc. (SHFSW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1526 COLE BLVD. GOLDEN, CO 80401 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6199 - Finance Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 2,325 | 4,889 | 8,390 | 255 | |||
| Cash and cash equivalent | 2,325 | 4,889 | 8,390 | 255 | |||
| Receivables | 16 | 14 | 1,442 | ||||
| Prepaid expense | 660 | 546 | 176 | 7 | |||
| Contract with customer, asset, after allowance for credit loss | 21 | ||||||
| Other current assets | 3,000 | 83 | 151 | ||||
| Other undisclosed current assets | 5,700 | 2,230 | 51 | 175 | |||
| Total current assets: | 11,701 | 7,761 | 10,231 | 437 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 704 | 860 | 1,016 | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 3 | 84 | 50 | ||||
| Long-term investments and receivables | 379 | 381 | 1,251 | 117,322 | |||
| Long-term investments | 379 | 381 | 1,251 | 117,322 | |||
| Intangible asset, including goodwill, after accumulated amortization | 11,757 | 29,887 | |||||
| Goodwill | 6,058 | 19,266 | |||||
| Intangible asset, excluding goodwill, after accumulated amortization | 5,699 | 10,621 | |||||
| Prepaid expense | 413 | 563 | 713 | 88 | |||
| Deferred income tax assets | 43,829 | 51,593 | |||||
| Other noncurrent assets | |||||||
| Other undisclosed noncurrent assets | 20 | 2,625 | 4,602 | ||||
| Total noncurrent assets: | 1,518 | 60,100 | 89,112 | 117,409 | |||
| TOTAL ASSETS: | 13,218 | 67,861 | 99,343 | 117,846 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 1,301 | 1,009 | 9,206 | 307 | |||
| Accounts payable | 2,851 | ||||||
| Accrued liabilities | 1,301 | 1,009 | 6,354 | 307 | |||
| Deferred revenue | 28 | 22 | 1 | ||||
| Debt | 256 | 3,007 | |||||
| Deferred compensation liability | 3,338 | 2,890 | 14,360 | ||||
| Derivative instruments and hedges, liabilities | 7,310 | ||||||
| Other liabilities | 73 | 42 | 11 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 25,973 | |||
| Other undisclosed current liabilities | 378 | 927 | 20 | 169 | |||
| Total current liabilities: | 12,685 | 7,897 | 49,571 | 476 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 10,748 | 11,004 | |||||
| Long-term debt, excluding current maturities | 10,748 | 11,004 | |||||
| Liabilities, other than long-term debt | 713 | 8,995 | 42,042 | 2,827 | |||
| Accounts payable and accrued liabilities | 2,827 | ||||||
| Deferred compensation liability, classified | 810 | 2,748 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 30,977 | |||
| Operating lease, liability | 713 | 875 | 1,008 | ||||
| Derivative instruments and hedges, liabilities | 7,310 | 7,310 | |||||
| Other undisclosed noncurrent liabilities | 1,360 | 5,610 | 2,616 | 4,025 | |||
| Total noncurrent liabilities: | 12,822 | 25,609 | 44,659 | 6,852 | |||
| Total liabilities: | 25,506 | 33,506 | 94,230 | 7,327 | |||
| Temporary equity, including noncontrolling interest | 117,300 | ||||||
| Equity | |||||||
| Equity, attributable to parent, including: | (12,288) | 34,355 | 5,113 | (6,781) | |||
| Preferred stock | 0 | ||||||
| Common stock | 0 | 5 | 2 | ||||
| Common stock held by subsidiary | (4,584) | (4,584) | (4,584) | ||||
| Additional paid in capital | 108,467 | 105,920 | 44,806 | ||||
| Accumulated deficit | (120,756) | (71,570) | (39,695) | (6,782) | |||
| Receivable from officers and directors for issuance of capital stock | |||||||
| Other undisclosed equity, attributable to parent | 4,584 | 4,584 | 4,584 | 0 | |||
| Other undisclosed equity | 14,788 | ||||||
| Total equity: | 2,500 | 34,355 | 5,113 | (6,781) | |||
| Other undisclosed liabilities and equity | (14,788) | ||||||
| TOTAL LIABILITIES AND EQUITY: | 13,218 | 67,861 | 99,343 | 117,846 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Revenues | 15,243 | 17,563 | 9,479 | |||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (291) | (506) | ||||
| Gross profit: | 15,243 | 17,272 | 8,973 | |||
| Operating expenses | (22,334) | (38,275) | (11,677) | |||
| Other undisclosed operating income | 291 | 506 | ||||
| Operating loss: | (7,091) | (20,712) | (2,198) | |||
| Nonoperating income (expense) | 2,632 | 1,603 | (42,183) | |||
| Interest and debt expense | (533) | (1,113) | (803) | |||
| Loss from continuing operations before equity method investments, income taxes: | (4,993) | (20,223) | (45,184) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 533 | 1,113 | 803 | |||
| Loss from continuing operations before income taxes: | (4,460) | (19,110) | (44,381) | |||
| Income tax expense (benefit) | (43,860) | 1,830 | 9,253 | |||
| Net loss available to common stockholders, diluted: | (48,319) | (17,280) | (35,128) | |||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|---|
| Net loss: | (48,319) | (17,280) | (35,128) | |||
| Comprehensive loss, net of tax, attributable to parent: | (48,319) | (17,280) | (35,128) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.