Every 10-Q that SHF Holdings, Inc. (SHFS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SHFS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SHFS filings page.
SHF Holdings, Inc., a cannabis-focused financial services platform, reported modestly higher revenue but continued losses for the three and six months ended June 30, 2026. Revenue was $1.9 million in Q2 and $3.9 million year-to-date, while the six-month net loss reached $3.3 million.
Cash and cash equivalents were $5.7 million and stockholders’ equity $6.1 million as of June 30, 2026, after operating activities used $2.8 million of cash. The company relies heavily on Partner Colorado Credit Union, which provided 92.7% of six-month revenue. Management cites recurring losses, negative operating cash flow, a large accumulated deficit, and possible litigation effects as factors creating substantial doubt about its ability to continue as a going concern, despite access to a $150.0 million equity line of credit and identified cost-control measures.
SHF Holdings, Inc. reported first‑quarter 2026 revenue of $1.98 million, slightly above $1.93 million a year earlier, driven mainly by account and loan program income. Operating expenses of $3.74 million produced an operating loss of $1.76 million and a net loss of $1.78 million, or $0.43 per share.
Cash and cash equivalents were $5.9 million with net working capital of about $5.5 million, but accumulated deficit reached $124.7 million. Management states that recurring losses, negative operating cash flows and dependence on key agreements raise “substantial doubt” about the Company’s ability to continue as a going concern, despite access to an equity line of up to $150 million and cost‑control plans.
SHF Holdings (SHFS) filed its Q3 2025 report showing lower revenue but a cleaner balance sheet after significant liability actions. Revenue for the quarter was $1.83 million versus $3.48 million a year ago, as account fees, loan interest and investment income all declined. The company reported net income of $0.18 million in Q3, compared with $0.35 million last year. For the first nine months, revenue was $5.61 million versus $11.57 million a year ago, and the company posted a net loss of $1.58 million versus income of $3.35 million last year.
SHF reshaped its capital structure. Total liabilities fell to $6.67 million from $25.51 million at year‑end, aided by a $10.75 million debt cancellation exchanged for Series B preferred stock and warrants and gains related to convertible notes. Stockholders’ equity improved to $7.00 million from a $(12.29) million deficit. Cash was $0.86 million at quarter‑end, and $5.91 million of Series B proceeds were collected after quarter‑end per the agreement. Shares outstanding were 3,081,076 as of November 10, 2025.
The amended PCCU alliance remains central: PCCU represented 88.0% of Q3 revenue and 85.4% year‑to‑date. The amendment removed indemnification obligations, changed fees to an asset‑hosting model, and introduced a loan yield split formula.
SHF Holdings, Inc. reported a significant operating loss and weakened liquidity during the six months ended June 30, 2025. The company recorded net cash used in operating activities of $1.8 million for the six months and had a working capital deficit and accumulated deficit of $7,381,312 and $122,513,459, respectively. Cash and cash equivalents totaled $247,318 as of June 30, 2025, down from $2,324,647 at year-end 2024.
The balance sheet shows a senior secured promissory note with PCCU carrying a $10,748,408 outstanding balance and a first-priority security interest in substantially all assets. The company received a Nasdaq deficiency notice for failing the $2.5 million minimum equity requirement and submitted a compliance plan on May 22, 2025. Material contingent and derivative items include a $4,584,221 forward purchase agreement balance, deferred consideration of $3,338,343, multiple warrant classes, and preferred stock with conversion features.
SHF Holdings, Inc. (SHFS) filed an amended Form 10-Q/A with material liquidity and compliance disclosures. The company reported an operating loss of $1,991,495 for the period ended March 31, 2025 and restated certain amounts due to an understatement of stock compensation expense by $513,572 from Black‑Scholes input errors. The filing shows cash and cash equivalents of $931,397 and a net working capital deficit of $6,723,895 as of March 31, 2025, versus cash of $2,324,647 and a working capital deficit of $983,833 at December 31, 2024. Management states current funds are projected to support operations only through September 30, 2025 and that substantial doubt exists about the company’s ability to continue as a going concern for at least twelve months.
The company disclosed Nasdaq noncompliance tied to stockholders’ equity reported as $12,288,014 as of December 31, 2024 and has been granted 45 days to submit a compliance plan. The filing also describes amendments to the PCCU commercial agreements (fee structure, indemnity removal, interest‑income split) and a reclassification of a forward purchase receivable to additional paid‑in capital.