v3.23.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash $ 3,428,906 $ 4,238,006
Digital Assets (Note 2) 1,751,914 888,026
Finance receivables 22,107 26,802
Marketable securities (Note 5) 10,080 4,290
Notes receivable from Seastar Medical Holding Corporation (Note 5)   3,807,749
Prepaid expenses and other assets 1,196,849 1,233,322
Income tax receivable 293,466 293,466
Current assets 6,703,322 10,491,661
Fixed assets, net (Note 3) 26,708,914 27,192,317
Deposits on mining equipment (Note 4) 1,357,341 525,219
Hosting services deposit (Note 4) 2,200,452 2,200,452
Real estate assets owned 80,057 80,057
Long-term investments - debt security (Note 5) 2,402,542 2,402,542
Less: Allowance for losses on debt security (Note 5) (1,052,542) (1,052,542)
Long-term investments - debt security, net (Note 5) 1,350,000 1,350,000
Long-term investments - equity securities (Note 5) 437,924 464,778
Notes receivable from Seastar Medical Holding Corporation (Note 5) 2,216,649  
Operating lease - right of use assets (Note 8) 264,321 265,658
Other assets 10,726 10,726
Long-term assets 39,439,134 42,697,957
Total assets 46,142,456 53,189,618
Liabilities and stockholders' equity    
Accounts payable and accrued expenses 1,682,392 1,570,906
Note payable - short-term (Note 6) 298,382 475,775
Due to related parties (Note 7) 62,829 75,488
Current portion of lease liability (Note 8) 99,569 90,823
Total current liabilities 2,143,172 2,212,992
Lease liability - net of current portion (Note 8) 170,295 179,397
Long-term liabilities 170,295 179,397
Total liabilities 2,313,467 2,392,389
Stockholders' equity (Note 9)    
Preferred stock, par value $.001; 150,000,000 shares authorized; no shares issued and outstanding as of March 31, 2023 and December 31, 2022
Common stock, par value $.001; 350,000,000 shares authorized; 13,091,883 shares issued and outstanding as of March 31, 2023 and December 31, 2022 13,092 13,092
Additional paid-in capital 92,389,697 92,195,341
Accumulated deficit (48,403,539) (43,017,207)
Total LM Funding America stockholders' equity 43,999,250 49,191,226
Non-controlling interest (170,261) 1,606,003
Total stockholders’ equity 43,828,989 50,797,229
Total liabilities and stockholders’ equity 46,142,456 53,189,618
Seastar Medical Holding Corporation. [Member]    
ASSETS    
Investments in unconsolidated affiliates (Note 5) $ 4,812,750 $ 10,608,750

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