---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-350325"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2026-08-14T10:57:43+00:00"
generated_at: "2026-08-14T11:00:20.930866+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PowerCompute Q2 2026: Revenue $2.1M (+9.8% YoY), Net Loss $4.6M, Refinances $18M Debt at 2% APR

## Summary
- Q2 revenue $2.1M, up 9.8% YoY; mined 27.9 BTC at avg $72k vs 26.1 BTC in Q1.
- Net loss $4.6M and Core EBITDA loss $2.8M vs Q2 2025 net income $0.1M and EBITDA income $2.6M.
- Refinanced $18M debt with Arch Lending at ~2% APR (30-day revolving, BTC collateral) vs 12% prior.
- Entered HPC/AI with Vast.ai proof-of-concept; rebranded to PowerCompute, ticker PWCM from July 22, 2026.
- Holdings: 318.6 BTC (~$18.6M at 6/30; ~$20.7M at 8/9/26); cash $0.9M.

## SEC filing metadata
- accession: 0001193125-26-350325
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2026-08-14T10:57:43+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312526350325/0001193125-26-350325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312526350325/lmfa-20260814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-350325
- JSON: https://secwatch.observer/filing/0001193125-26-350325.json
- Plain text: https://secwatch.observer/filing/0001193125-26-350325.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.