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 11/12/2024 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.
26.7
14.2
16.8
11.4
10.5
4.0
6.1
5.8
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 1,081
Recent share count: 55,431,001 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1081
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 11 numbers to move any given column by a full percentage point.
74

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the company's typical historical range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the company's typical historical range.
 • We deducted point upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • 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 upon observing the 8's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
SHFS
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
ARR-PRC
MDAI
SNAL
RSTN
IMNN
ATIF
EZFL
WEL.U
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 289 numbers that start with the digit 1. Here they are:
121,875
15,601
13,780
13,091
12,391
12,171,163
19,333
18,651
125,281
106,593
106,593
1,008,987
159,408
132,546
14,691,604
1,408,084
11,004,175
1,225,660
1,382,408
1,250,000
111
1,101
130,000,000
108,437,941
105,919,674
11,570,964
13,085,861
1,839,244
1,482,792
13,208,276
1,428,129
1,431,785
199,805
158,586
10,768,951
176,909
19,002,987
197,307
161,716
159,533
183,745
1,217,575
1,962,577
1,199,483
19,766,081
111
107,900,303
149,976
150,000
111
108,437,941
1,101
105,919,674
149,976
150,000
1,447,841
1,447,841
111
108,437,941
14,616
1
14,616
1
10,805
1
10,394,200
1,039
11,641,086
11,642,124
1,707,763
1,707,763
1,266,228
127
1,243,446
1,243,573
11,200,000
1,120
19,766,081
19,766,081
19,766,081
19,766,081
19,766,081
1,086,535
1,502,129
158,586
110,273
13,208,276
1,199,483
115,882
10,858
1,128,677
19,055
1,824
150,817
12,574
1,874,633
125,000
197,307
100
10
135,355
176,909
1,432,560
1,432,560
14,980
1,411,072
14,980
1,396,092
1,065,806
14,980
1.5
11,456,639
108,691
1,643,699
13,208,276
13,208,276
136,034
1,865,668
1,974,795
103,225
1,814,795
10,621,087
1,199,878
10,723
13,091
12,391
19,169
14,433
10,723
14,980
1,838
14,433
14,433
14,433
13.00
1,382,408
156,748
1,225,660
1,465,455
10,100,000
12,016,208
10,900,000
196,196
1,838
156,748
158,586
129,350,998
109,007,644
106,427,667
1,430,765
10,194,593
10,194,593
10,052,630
10,194,593
10,052,630
11,928
1,203,448
1,203,448
106,593
11,768,630
14,011,166
11,004,175
11,768,630
14,011,166
14,500,000
1,173,380
11,768,630
1,007,993
199,805
199,805
1,016,198
117,252
156,337
197,520
117,709
117,710
1,069,510
1,213,351
156,302
1,007,993
159,408
132,546
1,646,888
19,230
1,186,246
1,341,501
1,749,447
1,977,337
11,570,964
13,085,861
1,354,036
1,601,611
1,341,501
131,002
106,946
1,287,669
1,186,246
1,977,337
170,987
19,766,081
19,016,908
1,308,090
1,000,437
1,308,090
16,271,200
16,241,662
16,198,473
12,036,588
12,036,588
14,246,503
19,870,077
14,246,503
19,870,077
1,666,666
1.25
1,214,005
1.25
1,214,005
1,517,924
1,897,405
1,517,924
1.25
1,897,405
1,178,249
1,472,811
1,178,249
1.25
1,472,811
18.00
18.00
1,022,500
1,112,398
1,112,398
14.25
11,768,630
10,875,318
10,875,318
1,112,398
1,112,398
1,112,398
14,011,166
12,750,204
12,750,204
1,115,653
189,220
122,419
1,338,636
16,301
1,112,398
19,110
11,157
1,158
181,528
11.5
11.5
1.42
1.42
1.42
1.42
1.25
1.25
13.4
13.4
13.4
13.4
100
14,866
1,250,000
111
1,101
10.00
1.25
130,000,000
1,551,923
100
100
1.03
1,250,000
1,250,000
107,833
1.31
1.31
1,600,028
10,300
1.31
1,589,728
1,589,728
1,589,728
150,000
We found 153 numbers that start with the digit 2. Here they are:
237,757
2,095,320
2,095,320
217,392
21,922
2,984,533
2,889,792
27,520,611
2,069,910
2,915,390
246,694
200,932
2,756,045
2,598,586
20,965,564
242,326
24
27,349,740
27,023,967
242,326
24
23,732,889
2,374
23,732,889
2,374
27,023,967
27,023,967
25,000
2,951,336
22,467
2,756,045
291,562
220,930
25,643
225,032
208,434
2,242,536
2,242,536
260,007
2,520,441
21,488
2,100,000
2.00
2.00
239,017
2,889,792
2,984,533
2,019,000
2,066,918
2,019,001
21,488
22,035
213,792
2,981,751
25,980,436
28,115,013
200,932
22,035
215,504
215,504
25
21,425,560
262,761
262,761
262,761
2,095,320
295,487
246,694
246,694
217,925
217,925
222,275
222,275
226,705
226,705
231,216
231,216
205,358
2,233,203
25
273,939
25,120
22,586,139
22,586,139
22,586,139
23,792
2,099,977
2,099,977
210,133
210,133
2,209,915
2,588,650
2,209,915
2,588,650
264,088
2.00
2.00
273,124
273,124
200,100
200,100
25,070
25,070
25
25
2,984,533
2,984,533
2,984,533
200,100
200,100
200,100
2,889,792
2,889,792
2,889,792
25,070
25,070
25,070
273,124
273,124
273,124
273,124
25,070
216,000
2,268,432
20,314
243,000
226,238
286,300
211,538
29,825
250,359
2
2
2.00
2.00
24.97
21.00
28,853
2.00
2,951,336
2,286,010
2,188,290
2,170,000
251,880
2,254,850
223,000
295,495
2,188,290
2,254,850
210,133
210,133
210,133
242,326
We found 182 numbers that start with the digit 3. Here they are:
374,429
381,463
3,249,459
3,721,745
3,105,906
3,006,991
388,000
390,739
33,505,598
39,352,460
34,355,311
3,482,630
3,680,463
361,804
377,614
3,305,721
3,801,525
32,088,848
327,259
360,654
3,400,599
353,817
3,345,020
38,725,273
38,725,273
38,460,981
33,127
33,127
354,535
354,535
353,817
353,817
39,352,460
328,000
33
358,717
358,750
388,559
388,559
33,735
33,735
3,811
34,355,311
3,345,020
3,345,020
39,352,460
39,695,281
39,695,281
38,405,288
38,406,408
3,811
3,811
3,345,020
377,614
3,680,463
36,562
327,259
3,207,069
38,406,408
36,468
39,695,281
39,195,816
39,210,796
30
3,000,000
380,000
388,000
3,680,463
3,599,754
3,139,399
3,721,745
3,249,459
3,599,754
3,721,745
3,680,463
396,405
387,520
393,854
374,429
381,463
396,405
396,405
396,405
396,405
399,649
3,431,640
3,988,813
3,100,000
399,649
377,614
384,228
384,228
379,077
300,008
35
3,261,284
3,130,486
3,380,128
3,130,486
3,380,128
3,130,486
3,380,128
378,730
328,668
328,668
328,668
3,105,906
3,006,991
3,138,931
3,274,966
3,416,896
3,482,630
3,778,633
356,369
374,591
34,889
353,817
3,345,020
38,725,273
38,725,273
3,926,598
3,926,598
3,926,598
3,926,598
3,403,175
3,403,175
3,403,175
3,403,175
38,725,273
38,725,273
38,725,273
38,725,273
3,811,000
3,811,000
3.8
39.6
39.3
3
37.9
3,667,377
3,667,377
3,384,085
3,384,085
388,000
388,000
388,000
388,000
3,599,754
3,599,754
3,599,754
352,610
361,681
361,681
388,000
388,000
388,000
330,579
363,561
363,561
3,384,085
3,384,085
3,384,085
3,384,085
351,000
36,192
37,000
388,000
36,620
3,667,377
387,662
3.62
3.87
3.53
336,730
3.62
3.15
365,290
359,355
350,000
350,000
323,500
3,000,000
4's 5's 6's
We found 123 numbers that start with the digit 4. Here they are:
4,888,769
492,375
4,584,221
43,802,927
43,829,019
450,000
4,584,221
47,565
41,639
4,164,129
4,332,974
4,874,255
463,452
484,718
414,272
417,798
49,257,988
49,257,988
4,221
46,265,317
4,627
410
46,593,317
4,660
44,806,031
44,806,031
46,593,317
4,660
46,593,317
4,660
417,798
470,722
43,105
402,601
4,888,769
416,852
4,888,769
499,465
40,276,602
4,085,075
430,000
430,000
455,933
422,000
4,805
460,355
472,286
472,286
404,577
4,736
407,535
407,535
404,577
404,577
431,640
499,465
4,736
45,397
45,397
4.89
4.6
4.25
475,011
4,332,974
4,949,478
48,140
4,023,940
4,814,349
434,949
4,814,349
4,051,353
4,023,940
49,257,988
49,257,988
49,257,988
49,257,988
49,257,988
49,257,988
4.6
4,584,221
4,584,221
481,850
481,850
4,584,221
4,584,221
4,584,221
4,888,769
4,888,769
4,888,769
4,584,221
4,584,221
4,584,221
481,850
481,850
481,850
4,755
4,014
4.59
4.59
4.59
4.31
4.25
4.25
4.25
4.25
4.59
4.59
4.59
4.31
4.25
4.25
4.25
4.25
46
46
4.2
4.2
43,802,927
43,829,019
4
48,955
422,294
4.23
We found 113 numbers that start with the digit 5. Here they are:
55,673,327
5,861,475
546,437
5,151
562,500
577,315
577,315
55,673,327
54,563,372
5,569
5,458
531,449
581,315
55,579
55,501,354
55,382,066
51
56,550,287
56,430,999
51
55,431,001
5,545
55,673,327
5,569
54,563,372
5,458
54,280
54,288
55,673,327
5,569
5,113,125
5,113,125
581,321
581,321
551,356
581,315
550,000
552,395
558,449
5,861,475
581,321
581,315
5,861,475
566,341
581,321
5,835,822
5,000,000
5,650,775
5,645,107
58,090
56,775
51,970
56,775
5,699,464
52
53,935,225
55,215,013
54,832,395
55,646,653
566,341
54,832,395
55,646,653
52
51,692
51,692
5,151
53,401,630
53,401,630
53,935,225
55,660,039
525,000
577,315
5.86
5.56
53,680
57,690
54,729
53,790
55,501,354
56,550,287
55,382,066
51
56,430,999
51
55,501,354
55,382,066
55,501,354
55,382,066
55,501,354
55,382,066
56,550,287
56,430,999
5,750,000
5.00
5,000,000
5,000,000
5,861,475
5,861,475
5,861,475
594,000
5,931
5
5
55
55
55
55
55,579
55,673,327
54,563,372
5.43
5.50
5,533
We found 43 numbers that start with the digit 6. Here they are:
6,058,000
6,058,000
66,873,071
67,860,909
64,686
63,275
69,091,050
66,873,071
67,860,909
6,384,213
66,170
68,811
686,126
6,837
61,941
69,444,867
69,091,050
69,091,050
61,621
62,406
682
69,091,050
6,058,000
65,216
65,216
6,579,374
6,791,346
66,170
66,170
6.87
6.87
6,433,839
6,433,839
6.50
66,801
6,942
68,831
6,795
62.95
62.95
62.95
62.95
619
7's 8's 9's
We found 66 numbers that start with the digit 7. Here they are:
7,761,229
742,609
788,052
7,309,580
7,896,584
7,309,580
753,800
71,569,821
7,449
748,067
70,577,990
748,067
748,067
71,684,807
71,569,821
792,000
79
75,629
71,684,807
71,684,807
75,135
78,079
706
783,480
71,569,821
7,126
7,397
7,449
71,635
71,635
77,610,599
77,610,599
764,457
742,609
742,609
753,800
7,312
7,036,444
748,067
70,353
7,935,799
7,935,799
750,000
750,000
7,036,588
7,036,588
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
7,309,580
74,762
7,953
7,309,580
7,309,580
7,309,580
We found 63 numbers that start with the digit 8. Here they are:
82,657
84,220
859,861
810,000
8,662,724
875,447
8,269,761
87,951
802,013
860,735
866,170
866,249
8
84,478
83,017
82,657
8,173
8,173
8,390,195
8,948,644
802,013
810,000
8,885
8,833
8,885
8,885
8,885
8,885
897,170
8.00
84,220
89,002,717
83,053,443
81,087,746
897,170
837,906
812,790
837,906
837,906
8,662,724
859,861
87,951
87,951
859,861
859,861
875,447
88,800
88,800
86,227
86,227
810,000
810,000
810,000
810,000
86,227
86,227
86,227
810,000
810,000
810,000
810,000
83,904
86,227
We found 49 numbers that start with the digit 9. Here they are:
966,643
966,643
929,406
963,464
97,923,103
98,704,114
990
900,500
900,500
98,704,114
98,704,114
963,464
92,114
991,914
972,706
900,500
9
94,741
960,619
954,850
996,958
9,865,187
966,643
913,208
913,208
906,213
96,870
906,213
978,671
947,036
9,331,579
971,204
971,204
9,359
9,359
9,359
9,359
9,359
929,796
9,359
90.00
90.00
90.00
90.00
92,800
97,720
98
99
98
While the above SHFS 10Q Filed 11/12/2024 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 11/12/2024 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.

26.7
14.2
16.8
11.4
10.5
4.0
6.1
5.8
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 1,081

= Typical SHFS range from 7/30/2021 to 11/12/2024
33.0
17.3
12.0
11.3
9.4
3.3
4.8
4.9
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,133

= Typical SHFS range from 7/30/2021 to 11/12/2024
35.1
15.1
10.7
9.8
8.7
4.5
7.1
4.4
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 803

= Typical SHFS range from 7/30/2021 to 11/12/2024
44.2
15.0
8.9
4.2
10.0
3.6
6.7
1.8
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 448

= Typical SHFS range from 7/30/2021 to 11/12/2024
43.5
19.9
7.5
3.6
13.4
4.9
1.0
2.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 34
XBRL?   [ original filing ]
Total numbers found: 306

= Typical SHFS range from 7/30/2021 to 11/12/2024
28.0
13.3
15.5
12.1
10.1
6.0
6.5
4.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 1,059

= Typical SHFS range from 7/30/2021 to 11/12/2024
34.8
16.3
13.8
9.7
7.0
3.0
6.2
5.2
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 968

= Typical SHFS range from 7/30/2021 to 11/12/2024
34.5
18.7
10.9
8.5
8.2
4.8
6.0
4.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 686

= Typical SHFS range from 7/30/2021 to 11/12/2024
37.6
20.8
2.9
6.5
13.1
5.7
8.6
2.9
2.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 245

= Typical SHFS range from 7/30/2021 to 11/12/2024
48.5
17.5
4.4
3.5
10.0
3.9
2.6
0.0
9.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 2
XBRL?   [ original filing ]
Total numbers found: 229

= Typical SHFS range from 7/30/2021 to 11/12/2024
27.6
14.8
14.0
13.3
10.7
4.9
6.5
4.9
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 859

= Typical SHFS range from 7/30/2021 to 11/12/2024
35.5
14.2
12.0
10.0
7.0
5.4
7.2
4.5
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 927

= Typical SHFS range from 7/30/2021 to 11/12/2024
31.2
17.9
11.2
5.8
9.6
5.3
8.6
5.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 571

= Typical SHFS range from 7/30/2021 to 11/12/2024
43.5
18.8
4.5
4.9
14.3
5.8
2.2
2.2
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 43
XBRL?   [ original filing ]
Total numbers found: 223

= Typical SHFS range from 7/30/2021 to 11/12/2024
20.6
13.5
10.9
9.7
9.9
8.1
8.7
9.1
9.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 0
XBRL?   [ original filing ]
Total numbers found: 15,251

= Typical SHFS range from 7/30/2021 to 11/12/2024
 

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