secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0000950170-23-011154
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding reports 2022 revenue up 93% to $1.7M; Bitcoin mining pivot underway
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- Full-year 2022 revenue $1.7M vs $0.9M in 2021; mined 51 Bitcoins in Q4 2022.
- 2,800 mining machines operational at year-end with 280 PH/s; targeting 600 PH/s by June 2023.
- Working capital $8.3M, stockholders' equity $49.2M ($3.76/share) as of Dec 31, 2022.
- Cash $4.2M and digital assets $0.9M on balance sheet at year-end 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000095017023011154/0000950170-23-011154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000095017023011154/lmfa-20230331.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-011154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer