{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-038884","form_type":"8-K","ticker":"LMFA","cik":"0001640384","company_name":"LM FUNDING AMERICA, INC.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.379262+00:00","generated_at":"2026-06-04T04:42:00.875431+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"LM Funding America reports 648% revenue growth to $13.0M; mined 423.4 Bitcoin in 2023","bullets":["Full-year 2023 revenue $13.0M vs $1.7M in 2022, driven by $12.3M digital mining revenue.","Mined 423.4 Bitcoin in 2023; held 153.6 BTC on Feb 29, 2024 valued at ~$10.8M at $70,000/BTC.","Q4 2023 net loss $1.6M (improved from $19.7M loss in Q4 2022); positive Core EBITDA $0.3M.","Working capital $7.4M; stockholders' equity $36.2M or $14.52 per share as of Dec 31, 2023.","Company adopted 'Infrastructure Light' strategy; optimistic about Bitcoin halving expected Apr/May 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-038884","json":"https://secwatch.observer/filing/0000950170-24-038884.json","markdown":"https://secwatch.observer/filing/0000950170-24-038884.md","text":"https://secwatch.observer/filing/0000950170-24-038884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024038884/0000950170-24-038884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024038884/lmfa-20240401.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:42:00.875431+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":"6b2325fb1856a94018fb7159c0b1d03f31667148","claim":"LM FUNDING AMERICA, INC. reported the fourth quarter ended December 31, 2023 results: revenue approximately $4.1 million, net income approximately $1.6 million.","evidence_excerpt":"Total revenue for the fourth quarter ended December 31, 2023, was approximately $4.1 million, an increase of $2.9 million, or approximately 262%, compared to $1.1 million for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024038884/0000950170-24-038884-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"approximately $4.1 million"},{"label":"Net income","value":"approximately $1.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b2c729d41ce647e83a84c8f86bc0a6d4c80ab3c3","claim":"LM FUNDING AMERICA, INC. reported the year ended December 31, 2023 results: revenue approximately $13.0 million, net income approximately $15.9 million.","evidence_excerpt":"Total revenue for the year ended December 31, 2023, was approximately $13.0 million, an increase of $11.3 million, or more than 648%, from $1.7 million in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024038884/0000950170-24-038884-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"approximately $13.0 million"},{"label":"Net income","value":"approximately $15.9 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"}