secwatch.observer — SEC 8-K summary
======================================

Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0000950170-23-042087
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding Q2 2023 revenue $3.2M (+1260% YoY); core EBITDA $1.0M; mined 106.6 Bitcoin
--------------------------------------------------------------------------------

- Revenue $3.2M vs $0.2M YoY; net loss $4.5M includes $3.7M non-cash loss on investments.
- Core EBITDA (non-GAAP) $1.0M vs loss of $2.0M in Q2 2022.
- Mined 106.6 Bitcoin in Q2; ~5,950 miners operating as of Aug 14 providing 615 PH/s.
- Completed $2.6M stalking-horse acquisition of Symbiont.io assets, including Assembly blockchain platform.
- Working capital $5.5M; stockholders' equity $39.9M ($2.72/share); cash $1.8M + 79 Bitcoin valued at $2.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000095017023042087/0000950170-23-042087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000095017023042087/lmfa-20230814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-042087

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