XML 55 R41.htm IDEA: XBRL DOCUMENT
v3.25.3

Financial Instruments (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2025 | Dec. 31, 2024
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items] |  |
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis |  | The following tables summarize financial assets and liabilities recorded at fair value on a recurring basis, by the level of valuation inputs in the fair value hierarchy on December 31, 2024 and December 31, 2023: Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis
|  | Total Fair Value |  |  | Quoted Prices in Active Markets (Level 1) |  |  | Significant Other Unobservable Inputs (Level 3) |  |  | Total Fair Value |  |  | Quoted Prices in Active Markets (Level 1) |  |  | Significant Other Unobservable Inputs (Level 3) |
|  | December 31, 2024 |  |  | December 31, 2023 |
|  | Total Fair Value |  |  | Quoted Prices in Active Markets (Level 1) |  |  | Significant Other Unobservable Inputs (Level 3) |  |  | Total Fair Value |  |  | Quoted Prices in Active Markets (Level 1) |  |  | Significant Other Unobservable Inputs (Level 3) |
Description |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PIPE warrants |  | $ | 79,512 |  |  |  | - |  |  |  | 79,512 |  |  | $ | 273,124 |  |  |  | - |  |  |  | 273,124 |
Public warrants |  | $ | 246,445 |  |  |  | 246,445 |  |  |  | - |  |  | $ | 481,850 |  |  |  | 481,850 |  |  |  | - |
Private placement warrants |  | $ | 9,632 |  |  |  | - |  |  |  | 9,632 |  |  | $ | 25,070 |  |  |  | - |  |  |  | 25,070 |
Abaca warrant |  | $ | 1,024,900 |  |  |  | - |  |  |  | 1,024,900 |  |  | $ | 3,384,085 |  |  |  | - |  |  |  | 3,384,085 |
Forward purchase derivative liability |  | $ | 7,309,580 |  |  |  | - |  |  |  | 7,309,580 |  |  | $ | 7,309,580 |  |  |  | - |  |  |  | 7,309,580 |
Third anniversary payment consideration |  | $ | 322,000 |  |  |  | - |  |  |  | 322,000 |  |  | $ | 810,000 |  |  |  | - |  |  |  | 810,000 |
Liabilities |  | $ | 322,000 |  |  |  | - |  |  |  | 322,000 |  |  | $ | 810,000 |  |  |  | - |  |  |  | 810,000 |
Schedule of Carrying Amounts and Fair Values of Financial Instruments |  | The following table presents the carrying amounts and fair values of financial instruments measured on a nonrecurring basis, by the level of valuation inputs in the fair value hierarchy, as of December 31, 2024, and December 31, 2023: Schedule of Carrying Amounts and Fair Values of Financial Instruments
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | As on December 31, 2024 |
|  | Carrying amount |  |  |  | Fair value |  |  | Fair value measurement using |
|  |  |  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Market related intangible assets |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Customer relationships |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Developed technology |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | As on December 31, 2023 |
|  | Carrying amount |  |  | Fair value |  |  | Fair value measurement using |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Developed Technology |  |  | 3,599,754 |  |  |  | 3,599,754 |  |  |  | - |  |  |  | - |  |  |  | 3,599,754 |
Schedule of Finite Lived Intangible Assets Measurement |  | The following table provides quantitative information regarding Level 3 fair value measurements inputs as it relates to the finite lived intangible assets as of their measurement dates: Schedule of Finite Lived Intangible Assets Measurement
As on December 31, 2024 |  | Factor |
Discount rate |  |  | 15.00 | %
Risk-free Rate |  |  | 4.90 | %
Tax rate |  |  | 26.00 | %
Fair value measurements inputs |  |  | 26.00 | %
As on December 31, 2023 |  | Developed technology |
Royalty rate |  |  | 6.50 | %
Discount rate |  |  | 14.25 | %
Estimated useful life |  |  | 5.87 years |
Tax rate |  |  | 25 | %
Fair value measurements inputs |  |  | 25 | %
Schedule of Carrying Amounts and Fair Values of Financial Instruments | The following tables present the carrying amounts and fair values of financial instruments on a non-recurring basis, by the level of valuation inputs in the fair value hierarchy, as of June 30, 2025 and December 31, 2024: Schedule of Carrying Amounts and Fair Values of Financial Instruments
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | June 30, 2025 |
|  | Carrying amount |  |  | Fair value |  |  | Fair value measurement using |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash |  | $ | 247,318 |  |  | $ | 247,318 |  |  | $ | 247,318 |  |  | $ | - |  |  | $ | - |
Forward purchase agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets held for sale |  |  | 385,642 |  |  |  | 384,527 |  |  |  | 384,527 |  |  |  | - |  |  |  | - |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred consideration |  |  | 3,131,303 |  |  |  | 3,131,303 |  |  |  | 3,131,303 |  |  |  | - |  |  |  | - |
Senior Secured Promissory note |  |  | 10,748,408 |  |  |  | 6,063,400 |  |  |  | - |  |  |  | - |  |  |  | 6,063,400 |
Public warrants |  |  | 6,354 |  |  |  | 6,354 |  |  |  | 6,354 |  |  |  | - |  |  |  | - |
Private placement warrants |  |  | 384 |  |  |  | 384 |  |  |  | - |  |  |  | - |  |  |  | 384 |
PIPE Warrants |  |  | 4,440 |  |  |  | 4,440 |  |  |  | - |  |  |  | - |  |  |  | 4,440 |
Abaca Warrants |  |  | 95,073 |  |  |  | 95,073 |  |  |  |  |  |  |  |  |  |  |  | 95,073 |
Third anniversary payment consideration |  |  | 87,000 |  |  |  | 87,000 |  |  |  | - |  |  |  | - |  |  |  | 87,000 |
Forward purchase derivative |  |  | 7,309,580 |  |  |  | 7,309,580 |  |  |  | - |  |  |  | - |  |  |  | 7,309,580 |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | December 31, 2024 |
|  | Carrying amount |  |  | Fair value |  |  | Fair value measurement using |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash |  | $ | 2,324,647 |  |  | $ | 2,324,647 |  |  | $ | 2,324,647 |  |  | $ | - |  |  | $ | - |
Forward purchase agreement |  |  | 4,584,221 |  |  |  | 4,584,221 |  |  |  | 4,584,221 |  |  |  | - |  |  |  | - |
Loans |  |  | 360,552 |  |  |  | 359,505 |  |  |  | - |  |  |  | - |  |  |  | 359,505 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred consideration |  |  | 3,016,343 |  |  |  | 3,016,343 |  |  |  | 3,016,343 |  |  |  | - |  |  |  | - |
Senior Secured Promissory note |  |  | 11,004,173 |  |  |  | 10,221,652 |  |  |  | - |  |  |  | - |  |  |  | 10,221,652 |
Public warrants |  |  | 246,445 |  |  |  | 246,445 |  |  |  | 246,445 |  |  |  | - |  |  |  | - |
Private placement warrants |  |  | 9,632 |  |  |  | 9,632 |  |  |  | - |  |  |  | - |  |  |  | 9,632 |
PIPE Warrants |  |  | 79,512 |  |  |  | 79,512 |  |  |  | - |  |  |  | - |  |  |  | 79,512 |
Abaca Warrants |  |  | 1,024,900 |  |  |  | 1,024,900 |  |  |  | - |  |  |  | - |  |  |  | 1,024,900 |
Third anniversary payment consideration |  |  | 322,000 |  |  |  | 322,000 |  |  |  | - |  |  |  | - |  |  |  | 322,000 |
Forward purchase derivative |  |  | 7,309,580 |  |  |  | 7,309,580 |  |  |  | - |  |  |  | - |  |  |  | 7,309,580 |
| The following tables present the carrying amounts and fair values of financial instruments, by the level of valuation inputs in the fair value hierarchy, as of the dates indicated: Schedule of Carrying Amounts and Fair Values of Financial Instruments
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | As on December 31, 2024 |
|  | Carrying amount |  |  | Fair value |  |  | Fair value measurement using |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 2,324,647 |  |  | $ | 2,324,647 |  |  | $ | 2,324,647 |  |  | $ | - |  |  | $ | - |
Forward purchase receivables |  |  | 4,584,221 |  |  |  | 4,584,221 |  |  |  | 4,584,221 |  |  |  | - |  |  |  | - |
Loans |  |  | 360,552 |  |  |  | 359,505 |  |  |  | - |  |  |  | - |  |  |  | 359,505 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred consideration |  |  | 3,016,343 |  |  |  | 3,016,343 |  |  |  | 3,016,343 |  |  |  | - |  |  |  | - |
Senior Secured Promissory note |  |  | 11,004,173 |  |  |  | 10,221,652 |  |  |  | - |  |  |  | - |  |  |  | 10,221,652 |
Public warrants |  |  | 246,445 |  |  |  | 246,445 |  |  |  | 246,445 |  |  |  | - |  |  |  | - |
Private placement warrants |  |  | 9,632 |  |  |  | 9,632 |  |  |  | - |  |  |  | - |  |  |  | 9,632 |
PIPE Warrants |  |  | 79,512 |  |  |  | 79,512 |  |  |  | - |  |  |  | - |  |  |  | 79,512 |
Abaca Warrants |  |  | 1,024,900 |  |  |  | 1,024,900 |  |  |  | - |  |  |  | - |  |  |  | 1,024,900 |
Third anniversary payment consideration |  |  | 322,000 |  |  |  | 322,000 |  |  |  | - |  |  |  | - |  |  |  | 322,000 |
Forward purchase derivative |  |  | 7,309,580 |  |  |  | 7,309,580 |  |  |  | - |  |  |  | - |  |  |  | 7,309,580 |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | As on December 31, 2023 |
|  | Carrying amount |  |  | Fair value |  |  | Fair value measurement using |
|  |  |  |  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 4,888,769 |  |  | $ | 4,888,769 |  |  | $ | 4,888,769 |  |  | $ | - |  |  | $ | - |
Forward purchase receivables |  |  | 4,584,221 |  |  |  | 4,584,221 |  |  |  | 4,584,221 |  |  |  | - |  |  |  | - |
Loans |  |  | 330,579 |  |  |  | 363,561 |  |  |  | - |  |  |  | - |  |  |  | 363,561 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred consideration |  |  | 2,889,792 |  |  |  | 2,889,792 |  |  |  | 2,889,792 |  |  |  | - |  |  |  | - |
Senior secured promissory note |  |  | 14,011,166 |  |  |  | 12,750,204 |  |  |  | - |  |  |  | - |  |  |  | 12,750,204 |
Public warrants |  |  | 481,850 |  |  |  | 481,850 |  |  |  | 481,850 |  |  |  | - |  |  |  | - |
Private placement warrants |  |  | 25,070 |  |  |  | 25,070 |  |  |  | - |  |  |  | - |  |  |  | 25,070 |
PIPE warrants |  |  | 273,124 |  |  |  | 273,124 |  |  |  | - |  |  |  | - |  |  |  | 273,124 |
Abaca warrants |  |  | 3,384,085 |  |  |  | 3,384,085 |  |  |  | - |  |  |  | - |  |  |  | 3,384,085 |
Forward purchase derivative |  |  | 7,309,580 |  |  |  | 7,309,580 |  |  |  | - |  |  |  | - |  |  |  | 7,309,580 |
Third anniversary payment consideration |  |  | 810,000 |  |  |  | 810,000 |  |  |  | - |  |  |  | - |  |  |  | 810,000 |
Schedule of Fair Value Assets Measured on Recurring Basis | The change in the liability measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value are presented in the following table: Schedule of Fair Value Assets Measured on Recurring Basis
|  |  |  | PIPE Warrants |  |  |  | Abaca Warrant |  |  |  | Private Placement Warrants |  |  |  | Third anniversary payment consideration |  |  |  | Forward Purchase Derivative |
|  |  | For the Six Months Ended June 30, 2025 |
|  |  |  | PIPE Warrants |  |  |  | Abaca Warrant |  |  |  | Private Placement Warrants |  |  |  | Third anniversary payment consideration |  |  |  | Forward Purchase Derivative |
Balance, January 1, 2025 |  |  | $ | 79,512 |  |  | $ | 1,024,900 |  |  | $ | 9,632 |  |  | $ | 322,000 |  |  | $ | 7,309,580 |
Fair value adjustment |  |  |  | (75,072 | ) |  |  | (929,827 | ) |  |  | (9,248 | ) |  |  | (235,000 | ) |  |  | - |
Balance, June 30, 2025 |  |  | $ | 4,440 |  |  | $ | 95,073 |  |  | $ | 384 |  |  | $ | 87,000 |  |  | $ | 7,309,580 |
|  |  | PIPE Warrants |  |  |  | Abaca Warrant |  |  |  | Private Placement Warrants |  |  |  | Third anniversary payment consideration |  |  |  | Forward Purchase Derivative |
|  | For the Year ended December 31, 2024 |
|  |  | PIPE Warrants |  |  |  | Abaca Warrant |  |  |  | Private Placement Warrants |  |  |  | Third anniversary payment consideration |  |  |  | Forward Purchase Derivative |
Balance, January 1, 2024 |  | $ | 273,124 |  |  | $ | 3,384,085 |  |  | $ | 25,070 |  |  | $ | 810,000 |  |  | $ | 7,309,580 |
Balance at the beginning of the period |  | $ | 273,124 |  |  | $ | 3,384,085 |  |  | $ | 25,070 |  |  | $ | 810,000 |  |  | $ | 7,309,580 |
Fair value adjustment |  |  | (193,612 | ) |  |  | (2,359,185 | ) |  |  | (15,438 | ) |  |  | (488,000 | ) |  |  | - |
Balance, December 31, 2024 |  | $ | 79,512 |  |  |  | 1,024,900 |  |  |  | 9,632 |  |  | $ | 322,000 |  |  | $ | 7,309,580 |
Balance at the end of the period |  | $ | 79,512 |  |  |  | 1,024,900 |  |  |  | 9,632 |  |  | $ | 322,000 |  |  | $ | 7,309,580 |
| The change in the assets measured at fair value on a recurring basis for which the Company has utilized Level 3 inputs to determine fair value are presented in the following table: Schedule of Fair Value Assets Measured on Recurring Basis
|  | For the Year ended December 31, 2024 |
|  | PIPE Warrants |  |  | Abaca Warrant |  |  | Private Placement Warrants |  |  | Third anniversary payment consideration |  |  | Forward Purchase Derivative |
Balance at the beginning of the period |  | $ | 273,124 |  |  |  | 3,384,085 |  |  |  | 25,070 |  |  |  | 810,000 |  |  |  | 7,309,580 |
Issued to Abaca shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustment |  |  | (193,612 | ) |  |  | (2,359,185 | ) |  |  | (15,438 | ) |  |  | (488,000 | ) |  |  | - |
Balance at the end of the period |  | $ | 79,512 |  |  |  | 1,024,900 |  |  |  | 9,632 |  |  |  | 322,000 |  |  |  | 7,309,580 |
|  | For the Year ended December 31, 2023 |
|  | PIPE Warrants |  |  | Abaca Warrant |  |  | Private Placement Warrants |  |  | Third anniversary payment consideration |  |  | Forward Purchase Derivative |
Balance at the beginning of the period |  | $ | 286,300 |  |  |  | - |  |  |  | 19,110 |  |  |  | - |  |  |  | 7,309,580 |
Issued to Abaca shareholders |  |  | - |  |  |  | 1,643,699 |  |  |  | - |  |  |  | 430,000 |  |  |  | - |
Fair value adjustment |  |  | (13,176 | ) |  |  | 1,740,386 |  |  |  | 5,960 |  |  |  | 380,000 |  |  |  | - |
Balance at the end of the period |  | $ | 273,124 |  |  |  | 3,384,085 |  |  |  | 25,070 |  |  |  | 810,000 |  |  |  | 7,309,580 |
Purchase Agreement Option [Member] |  |
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items] |  |
Schedule of Level 3 Fair Value Measurements Inputs |  | The following table provides quantitative information regarding Level 3 fair value measurements inputs as it relates to the forward purchase derivatives as of their measurement dates on December 31, 2024 and December 31, 2023: Schedule of Level 3 Fair Value Measurements Inputs
|  | December 31, 2024 |  |  | December 31, 2023 |
Reset Price |  | $ | 25.00 |  |  | $ | 25.00 |
Expected term (years) |  |  | 0.74 |  |  |  | 1.74 |
Additional Maturity Consideration per share |  | $ | 40.00 |  |  | $ | 40.00 |
Volatility |  |  | 46 | % |  |  | 46 | %
Risk-free rate |  |  | 4.2 | % |  |  | 4.2 | %
Risk-adjusted discount rate |  |  | 13.4 | % |  |  | 13.4 | %
Derivative liability, measurement input |  |  | 13.4 | % |  |  | 13.4 | %
Warrant [Member] |  |
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items] |  |
Schedule of Level 3 Fair Value Measurements Inputs | The following table provides quantitative information regarding Level 3 fair value measurements inputs as it relates to the private placement warrants, public warrants, third anniversary payment consideration and Abaca warrants as of their measurement dates: Schedule of Level 3 Fair Value Measurements Inputs
|  |  | PIPE Warrants |  |  |  | Private Warrants |  |  |  | Third Anniversary Payment Consideration |  |  |  | Abaca Warrants |  |  |  | PIPE Warrants |  |  |  | Private Warrants |  |  |  | Third Anniversary Payment Consideration |  |  |  | Abaca Warrants |
|  |  | June 30, 2025 |  |  |  |  | December 31, 2024 |  |  |  |  |  |
|  |  | PIPE Warrants |  |  |  | Private Warrants |  |  |  | Third Anniversary Payment Consideration |  |  |  | Abaca Warrants |  |  |  | PIPE Warrants |  |  |  | Private Warrants |  |  |  | Third Anniversary Payment Consideration |  |  |  | Abaca Warrants |
Exercise price |  | $ | 100.00 |  |  |  | 230.00 |  |  |  | - |  |  |  | 40.00 |  |  | $ | 100.00 |  |  |  | 230.00 |  |  |  | - |  |  |  | 40.00 |
Share Price |  | $ | 2.17 |  |  | $ | 2.17 |  |  | $ | 2.17 |  |  | $ | 2.17 |  |  | $ | 9.00 |  |  | $ | 9.00 |  |  | $ | 9.00 |  |  | $ | 9.00 |
Expected term (years) |  |  | 2.3 |  |  |  | 2.3 |  |  |  | 0.3 |  |  |  | 3.3 |  |  |  | 2.74 |  |  |  | 2.74 |  |  |  | 0.76 |  |  |  | 3.84 |
Volatility |  |  | 113.3 | % |  |  | 113.3 | % |  |  | 82.8 | % |  |  | 104.3 | % |  |  | 103.00 | % |  |  | 103.00 | % |  |  | 103.00 | % |  |  | 103.00 | %
Risk-free rate |  |  | 3.7 | % |  |  | 3.7 | % |  |  | 3.7 | % |  |  | 3.7 | % |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.33 | %
Warrants and rights outstanding, measurement input |  |  | 3.7 | % |  |  | 3.7 | % |  |  | 3.7 | % |  |  | 3.7 | % |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.33 | %
| The following table provides quantitative information regarding Level 3 fair value measurements inputs as it relates to the private placement warrants and public warrants as of their measurement dates: Schedule of Level 3 Fair Value Measurements Inputs
|  |  |  |  | December 31, 2024 |  |  | December 31, 2023 |
|  | PIPE Warrants |  |  | Private Warrants |  |  | Third Anniversary Payment Consideration |  |  | Abaca Warrants |  |  | PIPE Warrants |  |  | Private Warrants |  |  | Third Anniversary Payment Consideration |  |  | Abaca Warrants |
Exercise price |  | $ | 100.00 |  |  |  | 230.00 |  |  |  | - |  |  |  | 40.00 |  |  | $ | 100.00 |  |  |  | 230.00 |  |  |  | - |  |  |  | 40.00 |
Share Price |  | $ | 9.00 |  |  |  | 9.00 |  |  |  | 9.00 |  |  |  | 9.00 |  |  | $ | 28.40 |  |  |  | 28.40 |  |  |  | 28.40 |  |  |  | 28.40 |
Expected term (years) |  |  | 2.74 |  |  |  | 2.74 |  |  |  | 0.76 |  |  |  | 3.84 |  |  |  | 3.74 |  |  |  | 3.74 |  |  |  | 1.76 |  |  |  | 4.84 |
Volatility |  |  | 103.00 | % |  |  | 103.00 | % |  |  | 103.00 | % |  |  | 103.00 | % |  |  | 62.95 | % |  |  | 62.95 | % |  |  | 62.95 | % |  |  | 62.95 | %
Risk-free rate |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.33 | % |  |  | 4.25 | % |  |  | 4.25 | % |  |  | 4.25 | % |  |  | 4.25 | %
Warrants and rights outstanding, measurement input |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.26 | % |  |  | 4.33 | % |  |  | 4.25 | % |  |  | 4.25 | % |  |  | 4.25 | % |  |  | 4.25 | %

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/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_DebtSecuritiesHeldtomaturityAllowanceForCreditLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique used to measure similar asset in prior period by class of asset or liability on non-recurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=SHFS_PurchaseAgreementOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_WarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |