Financial insights of SHFS

MyFinsight

For the quarter ending 2026-03-31, SHFS made $1,975,439 in revenue. -$1,866,829 in net income. Net profit margin of -94.50%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	1,975,439	2,062,076	1,833,770	1,845,334
Compensation and employee benefits	1,660,658	1,614,999	1,695,786	1,583,051
General and administrative expenses	1,068,400	989,257	856,389	457,803
Professional services	1,145,809	674,039	442,312	712,337
Lease expense	-	58,193.25*	-	-
Rent expense	51,432	-	56,529	63,185
Amortization of contract asset	129,072	32,268*	-	-
Credit benefit	-316,576	-87,253.25*	-	0
Loss on extinguishment of forward purchase derivative	-	-2,035,088.75*	3,336,213	-
Total operating expenses	3,738,795	3,281,503	3,051,016	2,816,376
Costs incurred to secure financing	-	-1,978,890*	988,837	-
Operating loss	-1,763,356	-1,219,427	-1,217,246	-971,042
Discount on common stock sold pursuant to the eloc	-	19,138.25*	-	-
Change in the fair value of deferred consideration	-	0	-40,565	-40,960
Loss on eloc share settlements	27,880	-	-	-
Interest expense	4,580	11,876	252,640	115,341
Change in fair value of warrant liabilities	-16,599	-724,048	657,417	-138,158
Total other income (expenses)	-15,861	636,835	1,396,754	-18,143
Net loss	-1,779,217	-582,592	179,508	-989,185
Provision (benefit) for income taxes	-	0	-	-58,470
Net loss	-	-582,592	179,508	-930,715
Deemed dividend on series b preferred stock redemption	87,612	241,435	-	-
Net loss attributable to common stockholders	-1,866,829	-824,027	-	-

Basic EPS	-0.43	-0.26	0.06	-0.33
Diluted EPS	-0.43	-0.278	0.06	-0.33
Basic Average Shares	4,353,099	3,166,367	2,907,219	2,826,468
Diluted Average Shares	4,353,099	2,962,687	3,110,899	2,826,468