---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-009734"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:43:33.791416+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings reports preliminary FY2022 revenue up 34% to $9.4M, net loss $35.1M; settles $64.7M debt

## Summary
- Revenue $9.4M (+34% YoY); active accounts 1,040 (+82% vs 572 in 2021).
- Net loss $35.1M vs net income $3.2M in 2021, driven by loss on financial instruments from business combination.
- Q4 net loss $37.0M vs income $718K; operating expense $7.4M vs $1.0M.
- Agreement to settle $64.7M payable to Partner Colorado Credit Union with $14.5M note and 11.2M shares.
- Originated $15.8M in loans in 2022 vs $4.3M in 2021.

## SEC filing metadata
- accession: 0001493152-23-009734
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/0001493152-23-009734-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-009734
- JSON: https://secwatch.observer/filing/0001493152-23-009734.json
- Plain text: https://secwatch.observer/filing/0001493152-23-009734.txt

## Key facts
- Earnings Releases
  SHF Holdings, Inc. reported the quarter ended December 31, 2022 results: revenue $3.6 million, net income $37.0 million.
  - Period: the quarter ended December 31, 2022
  - Revenue: $3.6 million
  - Net income: $37.0 million
  - Result: preliminary results
  source text: For the quarter ended December 31, 2022, total revenue increased to $3.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/0001493152-23-009734-index.htm
- Earnings Releases
  SHF Holdings, Inc. reported full year ended December 31, 2022 results: revenue $9.4 million, net income $35.1 million.
  - Period: full year ended December 31, 2022
  - Revenue: $9.4 million
  - Net income: $35.1 million
  - Result: preliminary results
  source text: () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Safe Harbor Financial Announces Preliminary Fourth Quarter and Full Year 2022 Financial Results - Full year revenue increased 34% to $9.4 million, number of active accounts increased 82% to 1040 compared to 2021 - - Recent agreement to resolve $64.7 million in payment obligations significantly strengthens balance sheet,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315223009734/0001493152-23-009734-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.