XML 131 R33.htm IDEA: XBRL DOCUMENT
v3.23.1

Acquisition (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Business Acquisition [Line Items] |
Schedule of Purchase Price Allocation | The following table summarizes the purchase price allocation: Schedule of Purchase Price Allocation
Property, plant & equipment |  | $ | 27,117 |
Software |  |  | 9,189 |
Cash & cash equivalents |  |  | 245,524 |
Prepaid expense |  |  | 23,061 |
Security deposit |  |  | 675 |
Accounts receivables |  |  | 232,265 |
Accounts Payable |  |  | (206,508 | )
Accrued Expense |  |  | (235,894 | )
Fair value of net assets acquired |  | $ | 95,429 |
Other intangibles |  |  | 10,800,000 |
Goodwill |  |  | 19,266,276 |
Deferred tax liabilities |  |  | (1,758,769 | )
Total purchase consideration |  | $ | 28,402,936 |
Schedule of Fair Value Consideration | Schedule of Fair Value Consideration
Company’s Class A common stock comprises of 11,386,139 shares |  |  | 115,000,000 |
Cash consideration |  |  | 13,050,199 |
Deferred cash consideration |  |  | 56,949,801 |
Total fair value of consideration |  |  | 185,000,000 |
Schedule of Intangible Assets and Related Useful Lives as Included in Purchase Price Allocation | Schedule of Intangible Assets and Related Useful Lives as Included in Purchase Price Allocation
|  | Amount |  |  | Useful life in Years |
Market related intangible assets |  | $ | 2,100,000 |  |  |  | 8 |
Customer relationships |  |  | 2,000,000 |  |  |  | 10 |
Developed technology |  |  | 6,700,000 |  |  |  | 10 |
Fair value of consideration |  | $ | 10,800,000 |  |  |  |  |
Abacha [Member] |
Business Acquisition [Line Items] |
Schedule of Fair Value Consideration | The following table summarizes the total fair value of consideration: Schedule of Fair Value Consideration
Cash paid |  | $ | 2,763,800 |
Deferred cash payment |  |  | 5,452,424 |
Share issued – common stock (2,099,977 shares) |  |  | 8,105,911 |
Settlement of pre-existing notes along with accrued interest |  |  | 523,404 |
Future consideration settled in common stock |  |  | 11,557,397 |
Fair value of consideration |  | $ | 28,402,936 |

X
- Definition Schedule of Business Acquisitions Fair Value of Consideration [Table Text Block] + References No definition available. + Details
Name: | SHFS_ScheduleOfBusinessAcquisitionsFairValueOfConsiderationTableTextBlock
Namespace Prefix: | SHFS_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-5 + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionContingentConsiderationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=SHFS_AbachaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |