{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-021975","form_type":"8-K","ticker":"LMFA","cik":"0001640384","company_name":"LM FUNDING AMERICA, INC.","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.788934+00:00","generated_at":"2026-06-15T01:14:48.211291+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"LM Funding Q1 revenue surges 1,100% to $2.3M; mined 91.7 Bitcoin","bullets":["Total revenue $2.3M vs $0.2M Q1 2022; digital mining revenue $2.1M from Bitcoin mining.","Mined 91.7 Bitcoin in Q1 at avg $22,800; held ~84 Bitcoin worth $1.8M as of March 31.","Net loss $5.4M included $5.8M non-cash unrealized loss; Core EBITDA loss improved to -$0.3M.","Operational: ~3,700 miners at quarter end; now ~5,000 with 520 PH/s; added 1,080 more via GIGA Energy.","Working capital $4.6M; stockholders' equity $44.0M ($3.36 per share) as of March 31."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-021975","json":"https://secwatch.observer/filing/0000950170-23-021975.json","markdown":"https://secwatch.observer/filing/0000950170-23-021975.md","text":"https://secwatch.observer/filing/0000950170-23-021975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640384/000095017023021975/0000950170-23-021975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640384/000095017023021975/lmfa-20230515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T01:14:48.211291+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"39c940c6d6083a7a2c81033ea21bc4b1fdf709f9","claim":"LM FUNDING AMERICA, INC. reported the quarter ended March 31, 2023 results: revenue Total revenue ... was approximately $2.3 million, net income Net loss ... was approximately $5.4 million.","evidence_excerpt":"we believe will generate significant value for our shareholders in the long term.” Financial Highlights • Total revenue for the quarter ended March 31, 2023, was approximately $2.3 million, an increase of $2.1 million, or more than 1,100%, from $0.2 million for the 2022 first quarter. The increase was primarily due to digital mining revenue of $2.1 million in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000095017023021975/0000950170-23-021975-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"Total revenue ... was approximately $2.3 million"},{"label":"Net income","value":"Net loss ... was approximately $5.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}