{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-060813","form_type":"8-K","ticker":"LMFA","cik":"0001640384","company_name":"LM FUNDING AMERICA, INC.","filed_at":"2024-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.380353+00:00","generated_at":"2026-06-01T21:18:27.056108+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 $4.7M (+105% YoY), net income $1.9M vs loss; held 163.4 BTC","bullets":["Revenue $4.7M, up 105% from $2.3M in Q1 2023; digital mining revenue $4.6M from 86.4 BTC mined at avg ~$53K/BTC.","Net income $1.9M vs net loss $7.2M in prior year; Core EBITDA $4.4M vs loss $0.3M.","Held 163.4 BTC (valued ~$11.7M) at Mar 31, 2024; as of Apr 30 held 155.1 BTC (valued ~$9.7M at ~$62.5K).","Working capital $12.7M; LMFA stockholders' equity $38.5M ($15.43 per share).","Purchased 300 Bitmain S21 Antminers to increase mining capacity to 673 PH; sold only 18 BTC during quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-060813","json":"https://secwatch.observer/filing/0000950170-24-060813.json","markdown":"https://secwatch.observer/filing/0000950170-24-060813.md","text":"https://secwatch.observer/filing/0000950170-24-060813.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024060813/0000950170-24-060813-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024060813/lmfa-20240516.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T21:18:27.056108+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":"768be3f8989352e2e2d9dfa877f53e08ec9c916d","claim":"LM FUNDING AMERICA, INC. reported the three months ended March 31, 2024 results: revenue approximately $4.7 million, net income $1.9 million.","evidence_excerpt":"Company specifically incorporates it by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 LM Funding America, Inc. Achieves Over 105% Year-Over-Year Revenue Growth to $4.7 Million and Generated $1.9 Million of Net Income for the First Quarter of 2024 Mined 86.4 Bitcoins in Q1 2024 Valued at Approximately $4.6 Million at an Average Market Revenue Value of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024060813/0000950170-24-060813-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"approximately $4.7 million"},{"label":"Net income","value":"$1.9 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}