SHF Holdings, Inc. balance sheet
At the end of fiscal 2025, SHF Holdings, Inc. had total assets of $17.2m, total liabilities of $9.0m and shareholders' equity of $8.2m. It held $6.8m in cash against $0 of debt: net cash of $6.8m.
Balance sheet
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|
| Cash and equivalents | 5 | 8 | 5 | 2 | 7 | 6 |
| Receivables | 1 | 1 | 0 | 1 | 1 | — |
| Total current assets | 6 | 10 | 8 | 12 | 12 | 11 |
| Goodwill | — | 19 | 6 | — | — | — |
| Total assets | 8 | 99 | 68 | 13 | 17 | 14 |
| Accounts payable | 0 | 3 | — | — | — | — |
| Deferred revenue (current) | 0 | 0 | 0 | 0 | 0 | — |
| Total current liabilities | 0 | 50 | 8 | 13 | 6 | 6 |
| Short-term debt | — | — | 3 | 0 | — | — |
| Long-term debt | — | 19 | 56 | 11 | — | — |
| Total debt | 0 | 19 | 59 | 0 | 0 | 0 |
| Total liabilities | 0 | 94 | 34 | 26 | 9 | 8 |
| Shareholders' equity | 7 | 5 | 34 | −12 | 8 | 6 |
| Net debt (negative = net cash) | −5 | 11 | 54 | −2 | −7 | −6 |
| Shares outstanding | — | — | — | 3m | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0 | 1 | 0 | — | — | 1 | 1 | — |
| Total current assets | 12 | 12 | 5 | 5 | 11 | 12 | 12 | 11 |
| Goodwill | 6 | — | — | — | — | — | — | — |
| Total assets | 67 | 13 | 7 | 6 | 14 | 17 | 16 | 14 |
| Deferred revenue (current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Total current liabilities | 15 | 13 | 12 | 12 | 5 | 6 | 7 | 6 |
| Short-term debt | 3 | 0 | — | — | — | — | — | — |
| Long-term debt | 55 | 11 | 11 | 11 | — | — | — | — |
| Total debt | 58 | 11 | 11 | 11 | — | — | — | — |
| Total liabilities | 28 | 26 | 24 | 24 | 7 | 9 | 9 | 8 |
| Shareholders' equity | 39 | −12 | −17 | −18 | 7 | 8 | 7 | 6 |
| Shares outstanding | 56m | 3m | 3m | 3m | 3m | 4m | — | 12m |
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