---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-025412"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T15:53:06.892312+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LM Funding Q3 2022: Revenue dips to $188K, miner count up to 1,200, expects 2,700 by year-end

## Summary
- Revenue $188K vs $224K YoY; shift to Bitcoin mining and timing of payoffs.
- Cash $10.2M, working capital $15.5M, equity $62.2M ($4.75/share) as of Sep 30.
- 1,200 miners active as of Nov 15; capacity ~120 petahash; target 2,700 miners and 270 PH by year-end.
- Bought 400 S19J Pro and 200 S19XP miners; deployment expected by March 2023.
- SPAC LMAO merger with SeaStar Medical closed Oct 28, 2022 (post-period event).

## SEC filing metadata
- accession: 0000950170-22-025412
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000095017022025412/0000950170-22-025412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000095017022025412/lmfa-20221118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-025412
- JSON: https://secwatch.observer/filing/0000950170-22-025412.json
- Plain text: https://secwatch.observer/filing/0000950170-22-025412.txt

## Key facts
- Earnings Releases
  LM FUNDING AMERICA, INC. reported the three months ended September 30, 2022 results: revenue approximately $188,000.
  - Period: the three months ended September 30, 2022
  - Revenue: approximately $188,000
  - Result: reported results
  source text: Revenues for the quarter ended September 30, 2022, were approximately $188,000 as compared to $224,000 for the comparable quarter in 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640384/000095017022025412/0000950170-22-025412-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.