SHF Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $7.7M | $15.2M | $17.6M | $9.5M | $7.0M |
| Operating expenses | $13.1M | $22.3M | $38.3M | $11.7M | $3.7M |
| Operating income | -$5.4M | -$7.1M | -$20.7M | -$2.2M | $3.3M |
| Interest expense | $492,643 | $533,390 | $1.1M | $705,204 | — |
| Pretax income | -$2.2M | -$4.5M | -$19.1M | -$44.4M | $3.3M |
| Income tax expense | -$58,470 | $43.9M | -$1.8M | -$9.3M | — |
| Net income | -$2.2M | -$48.3M | -$17.3M | -$35.1M | $3.3M |
| Balance Sheet | |||||
| Cash and equivalents | $6.8M | $2.3M | $4.9M | $8.4M | $5.5M |
| Current assets | $12.2M | $11.7M | $7.8M | $10.2M | $6.1M |
| Total assets | $17.2M | $13.2M | $67.9M | $99.5M | $7.5M |
| Current liabilities | $6.5M | $12.7M | $7.9M | $49.6M | $181,505 |
| Total liabilities | $9.0M | $25.5M | $33.5M | $94.3M | $181,505 |
| Stockholders' equity | $8.2M | -$12.3M | $34.4M | $5.1M | $7.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$3.4M | $430,477 | -$832,144 | $1.7M | $2.9M |
| Depreciation and amortization | $3,155 | $711,929 | $1.4M | $189,274 | $1,921 |
| Stock-based compensation | $1.5M | $1.6M | $3.7M | $2.8M | $0 |
| Capital expenditure | — | — | $208,434 | $17,318 | $5,920 |
| Free cash flow | — | — | -$1.0M | $1.7M | $2.9M |
| Impairments | — | $50,000 | $3.7M | $0 | — |
Shares outstanding 6.5M
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.