secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001193125-26-127571
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding Q4 2025 net loss $17.9M, revenue $2.4M (+19% YoY)
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- Q4 revenue $2.4M, up 8.7% sequential and 19.2% YoY; net loss $17.9M vs net income $1.0M in Q4 2024.
- Mined 22.0 Bitcoin in Q4 (vs 17.6 in Q3); mining margin fell to 25% from 49% due to lower BTC price.
- Full-year 2025 revenue ~$8.8M; Bitcoin holdings more than doubled to 356.4 BTC at Dec 31, 2025.
- Non-cash charges: $7.8M Bitcoin fair value impact and $5.4M impairment on mining equipment.
- Repurchased >3.3M shares and 7.2M warrants via Galaxy Digital loan facility in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526127571/0001193125-26-127571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000119312526127571/lmfa-20260327.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-127571

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