secwatch.observer — SEC 8-K summary
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Issuer:     SHF Holdings, Inc. (SHFS)
CIK:        0001854963
Form:       8-K
Filed at:   2026-05-18T11:45:35+00:00
Accession:  0001493152-26-024066
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SHF Holdings Q1 revenue $2.0M (+2.2% YoY); loan income surges 55.6%
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- Revenue $2.0M, up 2.2% YoY; loan program income $0.8M, up 55.6% due to restructured PCCU agreement.
- Operating expenses down 4.7% to $3.7M; net loss $1.8M vs $0.8M prior (prior included $1.1M non-cash benefit).
- Cash $5.9M; stockholders' equity $6.7M vs deficit of ($16.9M) a year ago – balance sheet transformed.
- Post-quarter: launched cannabis 401(k) plan, expanded lending platform; DOJ placed medical cannabis on Schedule III (April 2026).
- Second Amended PCCU agreement extended through Dec 2031, raising Safe Harbor's share to 65%; expected $9M+ incremental revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854963/000149315226024066/0001493152-26-024066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854963/000149315226024066/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-024066

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