| Benford Chart for SHFS 10Q Filed 5/20/2025 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 733 Recent share count: 2,784,458 (2's column) ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
|
On this page of Benford's Law Stocks.com we present our study of SHF Holdings Inc. — ticker symbol SHFS. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/30/2021 to 5/20/2025
for SHF Holdings Inc. under CIK number 0001854963.
For filings made in XBRL (eXtensible
Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL
filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format
found for each filing is presented below together with the results for SHFS, with the percentage of found numbers beginning with each digit
(1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as
well as the "normal" range for SHF Holdings Inc. based on the past SHFS filings our system processed in the past.
| Benford's Law Stocks Score for SHFS = 50 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted points upon observing the 3's percentage was above the typical coverage universe range. • We deducted points upon observing the 3's percentage was above the company's typical historical range. • We deducted points upon observing the 5's percentage was below the typical coverage universe range. • We deducted points upon observing the 5's percentage was below the company's typical historical range. • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier. • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier. • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range. • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range. • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier. • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction. • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range. • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range. |
| SHFS's Score Vs. Typical Stock | |||
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Check our work! We provide our SHF Holdings Inc. Benford's Law analysis for informational purposes only, and our software should be expected to
make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating
the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the SHFS filing
above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also
be helpful for exploring any columns in particular that caught your eye.
| 1's | 2's | 3's |
|---|---|---|
| We found 216 numbers that start with the digit 1. Here they are: 134,609 16,319 13,580 13,332 11,700,687 1,713 19,804 19,568 13,218,287 140,723 157,828 157,828 1,301,378 165,842 161,952 11,942,676 12,684,520 1,360,491 10,748,408 10,748,408 1,250,000 111 111 130,000,000 104,119,487 108,467,253 121,069,172 120,755,545 16,949,407 12,288,014 13,218,287 1,932,352 1,342,261 1,016,182 1,477,923 161,000 184,535 112,786 154,172 1,116,082 1,255,487 1,164,296 1,285,850 1,610,791 11 11 111 108,467,253 120,755,545 12,288,014 111 104,119,487 121,069,172 16,949,407 1,101 105,919,674 1,101 105,919,674 14,325 14,317 111 107,348,166 111 107,348,166 1,441 195,709 161,000 184,535 1,116,082 1,255,487 101,005 13,418 17,016 10,048 126,924 19,230 19,230 1,140,730 1,475,123 1,393,250 113,561 156,414 1,477,923 12,288,014 105,000 1.5 126,551 161,000 161,000 1,687 152,628 13,580 13,332 10,723 1,642 1,642 1,713 1,441 195,709 103,326,396 116,064,487 108,150,889 1,291,518 1,131,708 11,712,538 1,604,278 157,828 10,748,408 11,004,173 10,748,408 10,748,408 10,748,408 11,004,173 14,500,000 10,748,408 1.4 1.0 10,748,408 156,337 163,534 117,709 117,709 1,015,830 126,581 140,996 165,842 161,952 1,072,465 1,620,994 1,636,756 19,230 19,230 1,932,352 1,068,430 1,217,675 1,636,756 104,259 160,101 12,288,014 11 11 196,330 196,330 170,159 170,159 1,129,307 1,129,307 12,116 10,783 124,987 19 100.00 1,214,005 1,897,405 1,472,811 183,368 1,214,005 1,897,405 1,472,811 183,368 13,205 100.00 1,024,900 1,024,900 161,000 161,000 161,000 161,000 10,748,408 10,221,652 10,221,652 161,000 161,000 161,000 11,004,173 10,221,652 10,221,652 1,024,900 1,024,900 1,024,900 1,024,900 161,000 161,000 193,612 15,438 1,024,900 100.00 100.00 103.00 103.00 103.00 103.00 13.40 13.4 13.40 13.4 100 1,250,000 111 111 10.00 130,000,000 183,369 100 100 105,090 127,153 114,301 108.62 105,090 15,034 18,265 17,500 17,500 105,090 16,175 | We found 122 numbers that start with the digit 2. Here they are: 2,784,458 2,324,647 2,901 267,647 28,335 255,765 244,409 23,604,509 25,506,301 2,786,538 2,783,667 278 278 2,280,038 2,049,676 2,786,538 2,760,680 2,786,538 2,813,404 2,783,667 278 227,687 227,687 2,871 2,786,538 278 2,728,169 2,728,169 2,049,676 2,049,676 2,049,676 2,049,676 2,771,550 2,771,550 2,049,676 236,455 27,970 236 224 255,765 255,765 2,324,647 2,324,647 2.5 291,792 250,000 2,889,792 2.99 2,540 25 215,504 215,504 25 2.3 2.2 255,765 295,487 217,925 222,275 222,275 226,705 226,705 231,216 231,216 292,436 2.5 2,049,676 2,786,538 2,760,680 2,786,538 2,813,404 2,786,538 2,760,680 2,786,538 2,760,680 2,786,538 2,813,404 211,512 200.00 25 287,500 230 250,000 250,000 246,445 246,445 229,248 229,248 229,248 229,248 229,248 2,324,647 2,324,647 2,324,647 246,447 246,447 246,447 229,248 273,124 25,070 2,359,185 230.00 230.00 25.00 25.00 21.0 28,371 25.00 2,786,538 2,783,667 249,239 20,731 211,512 211,512 26.20 26.20 26.20 26.20 26.20 2,200 26.20 26.20 | We found 114 numbers that start with the digit 3. Here they are: 3,000,000 3,000,000 375,364 378,854 3,154 375,000 3,177,343 3,338,343 3,410,275 3,725,858 324,941 313,627 313,627 313,627 313,627 34,355,311 34,355,311 39,600 3,781 36,967,317 36,967,317 313,627 31,333 333,947 3,111 38,153 363,347 386,602 3,245 3,014 3,245 3,014 315,583 30 3,016,343 322,000 3,016,343 3,000,000 3,000,000 388,944 392,186 388,944 392,186 375,364 378,854 388,944 388,944 388,944 392,186 388,944 392,186 35 384,228 384,228 382,515 381,074 3,154 35 3,585,856 303,512 300,261 39,084 300,435 35,901 300,000 313,627 396,790 396,790 37,500 37,500 3,312 39.6 39.3 3 37.9 360.00 360.00 322,000 322,000 322,000 322,000 357,310 359,505 359,505 3,016,343 3,016,343 3,016,343 360,552 359,505 359,505 3,016,343 3,016,343 3,016,343 322,000 322,000 322,000 322,000 3,384,085 322,000 3.89 3.89 3.89 3.94 3.89 3.89 3.89 3.94 35,233 351,857 3.62 3.40 3,311 3,311 3,311 |
| 4's | 5's | 6's |
|---|---|---|
| We found 65 numbers that start with the digit 4. Here they are: 4,584,221 412,500 4,050,799 460,950 438,885 4,584,221 4,584,221 438,885 43,813 451,622 4,888,769 4,584,221 40.00 40.00 488,000 401,564 401,564 45,397 45,397 4.25 4.25 4,050,799 472,635 4,441 4,440 4.6 48,560 4,584,221 4,584,221 48,560 40.00 40.00 4,584,221 4,584,221 4,584,221 488,000 40.00 40.00 4.29 4.29 4.29 4.29 4.26 4.26 4.26 4.33 4.26 4.26 4.26 4.33 40.00 40.00 46 46 4.20 4.2 44.35 4 40.00 4.23 44.24 45,757 45,000 499,035 4,292 | We found 30 numbers that start with the digit 5. Here they are: 546,031 5,218,781 5,458 5,458 576,647 576,647 5,545 5,545 562,330 50,000 535,902 5,626,362 51,692 51,692 55,585,488 56,794,446 5,118,832 540,222 540,222 58,912 58,912 51,125 522 522 522 522 522 522 53,658 5,392 | We found 42 numbers that start with the digit 6. Here they are: 634,076 634,076 659,536 664,440 6,655,102 669,016 6,655,102 61,006 69,437 68,787 68,787 6,723,895 6.06 67,145 68,787 61,995,838 69,638,692 63,661,697 61,995,838 69,638,692 663,713 634,076 697,614 664,440 61,006 69,437 61,006 69,437 664,440 6.87 6.87 669,016 68,276 65,404 601,829 639,329 612,124 69.07 6,825 6,825 62,500 65,613 |
| 7's | 8's | 9's |
|---|---|---|
| We found 69 numbers that start with the digit 7. Here they are: 703,524 75,608 75,608 765,476 7,309,580 7,309,580 72,836 712,882 74 73 71,569,821 71,569,821 79 70,386,394 70,386,394 77,303 740,544 740,544 737,593 71,635 71,635 75,608 790,592 703,524 703,524 703,524 712,882 773,819 731,425 74 73 764,316 75,896 75,896 7,594 7,594 79,512 79,512 7,044 7,044 7,309,580 7,309,580 7,309,580 7,309,580 7,045 7,045 7,045 7,594 7,594 7,594 7,309,580 7,09,580 7,309,580 79,512 79,512 79,512 7,309,580 7,309,580 7,309,580 79,512 7,309,580 71,918 795,652 7,594 7,309,580 7,309,580 79,512 7,309,580 76.60 | We found 30 numbers that start with the digit 8. Here they are: 89,855 8,768 8,768 866,170 866,249 8 892 82,657 82,220 810,000 82,400,677 81,369,537 8 826,047 8,434,155 834,858 874,834 859,861 834,858 874,834 813,560 802,690 858,593 83,334 810,000 81,396 8,583 8,583 8,583 8,583 | We found 45 numbers that start with the digit 9. Here they are: 931,397 90,796 968,023 968,023 9,105 990,826 984,220 990 9,552 983,930 931,397 931,397 983,833 931,397 9 9,081 9,081 9,081 95,437,402 968,023 9 961,439 9,632 9,632 931,397 931,397 931,397 9,632 9,632 9,632 9,632 9,110 9,632 9.00 9.00 9.00 9.00 91.92 91.92 91.92 91.92 98.55 9,211 98.55 980 |
While the above SHFS 10Q Filed 5/20/2025 is interesting in isolation, we have found that it is also useful to take a look at older
SHF Holdings Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a
Benford's Law analysis. Below we repeat the 10Q Filed 5/20/2025 but instead of the chart comparing against the typical company across
our coverage universe, below we show the same chart compared against the typical SHFS 10Q and 10K filings that we have processed
historically. This is followed by similar charts for each of those historical filings.
| 10Q Filed 5/20/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 733 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/14/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 1,059 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/14/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 968 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 4/14/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 686 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/16/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 245 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/13/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 229 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 4/10/2025 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 979 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/13/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 859 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/14/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 927 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/14/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 571 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 3/25/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 223 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 7/30/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 15,251 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/12/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 1,081 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 4/1/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 1,133 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/15/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 803 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/22/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 448 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 11/15/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ❌ [ original filing ] Total numbers found: 306 ■ = Typical SHFS range from 7/30/2021 to 5/20/2025 | ||||||||||||||||||||||||||||||||||||