---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-014460"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T08:00:54.639677+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safe Harbor Q4 rev $2.1M (+12% sequential); FY25 revenue down 50% to $7.7M

## Summary
- Q4 2025 total revenue $2.1M, up 12% sequentially; loan program income $0.9M, up 71%.
- Full year revenue $7.7M, down 50% from $15.2M in 2024 on lower loan income and account activity.
- Debt eliminated in Sep 2025 recap; total debt $0 vs $18.3M at Dec 2024; cash $6.8M, up 192%.
- Majority of material weaknesses remediated; PCCU CAA extended through 2031 at up to 65% income share.
- Filed 12b-25 for late 10-K; audit ongoing, expects to file within 15-day extension.

## SEC filing metadata
- accession: 0001493152-26-014460
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315226014460/0001493152-26-014460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315226014460/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-014460
- JSON: https://secwatch.observer/filing/0001493152-26-014460.json
- Plain text: https://secwatch.observer/filing/0001493152-26-014460.txt

## Key facts
- Earnings Releases
  SHF Holdings, Inc. reported preliminary financial results for the fourth quarter and full year ended December 31, 2025.
  - Period: the fourth quarter and full year ended December 31, 2025
  - Result: preliminary results
  source text: SHF Holdings, Inc. (the “Company”) issued a press release announcing its preliminary financial results for its 2025-year end and fourth quarter ended December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315226014460/0001493152-26-014460-index.htm
- Governance Changes
  SHF Holdings, Inc.: Amendments to the Code of Ethics and Business Conduct clarifying anti-bribery/anti-corruption laws, Business Courtesy policy, and consultant/agent/distributor retention policy (effective 2026-03-30).
  - Change: code of ethics
  - Effective: 2026-03-30
  source text: On March 30, 2026, the Board of Directors of the Company approved amendments to the Company’s Code of Ethics and Business Conduct (the “Code”), which applies to all directors, officers and employees of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315226014460/0001493152-26-014460-index.htm

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