Welcome to our dedicated page for Lm Fdg Amer SEC filings (Ticker: LMFA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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LM Funding America reported Q3 2025 results. Total revenue was $2,178,303, up from $1,255,473 a year ago, driven mainly by digital mining revenue of $2,010,404. Operating loss was $3,516,998, and net loss attributable to common shareholders was $4,077,227 (basic EPS $0.41 loss). For the nine months, revenue was $6,477,964 versus $9,014,424 in 2024, with a net loss to common shareholders of $9,375,347 (basic EPS $1.39 loss).
Liquidity reflects $291,571 cash at September 30, 2025, plus a sizable Bitcoin position. The company held 304.5 Bitcoins with a fair value of $34,729,822 as of quarter‑end; approximately $6.9 million is pledged as collateral. Management concluded there is no substantial doubt about continuing as a going concern.
In August 2025, LM Funding raised approximately $21.3 million net and purchased 164 Bitcoins. On September 16, 2025, it acquired a Mississippi site for about $3.9 million and bought roughly 2,330 miners for about $362,000. The acquired business contributed $92,000 revenue and a $33,000 loss from mid‑September through quarter‑end. Shares outstanding were 15,517,988 as of September 30, 2025.
LM Funding America, Inc. furnished a press release announcing its financial results for the three and nine months ended June 30, 2025. The disclosure was made under Item 2.02 (Results of Operations and Financial Condition) and includes Exhibit 99.1.
The company stated this information is furnished, not filed under the Exchange Act, meaning it is not subject to Section 18 liability and is only incorporated by reference if expressly stated. The 8-K was signed by CFO Richard Russell on November 14, 2025.
LM Funding America announced adjustments to outstanding warrants tied to its August 2025 financing. The exercise price of the August 2025 Warrants was reset to $0.97 per share, and the aggregate number of shares issuable upon exercise increased to 15,516,850 shares after reflecting the company’s October 2025 repurchase of certain warrants.
As a result of these changes, warrants issued in the company’s October 2021 public offering—covering the right to purchase an aggregate of 1,153,774 shares—now also carry an exercise price of $0.97 per share, reduced from $1.10 (originally $2.88). The adjustments were made under the reset and anti‑dilution provisions of the respective warrants.
LM Funding America (LMFA) furnished an update on Bitcoin production and mining activity for the one month ended October 31, 2025. The company reported this under Item 2.02 and attached the update as Exhibit 99.1.
The information was furnished, not filed, so it is not subject to Section 18 liability and will only be incorporated into other filings if specifically referenced. The filing also includes customary forward-looking statement cautions.
LM Funding America announced that its Board authorized a share repurchase program of up to $1.5 million of common stock. Repurchases may occur via open market purchases, block trades, or privately negotiated transactions in compliance with Rule 10b-18, and the Company may adopt a Rule 10b5-1 plan to execute trades under pre-set criteria.
Management will determine timing and volume based on capital needs, market conditions, legal requirements and other factors, and there is no guarantee any shares will be repurchased. The program is expected to be funded from existing cash balances and borrowings under credit facilities. The authorization expires on September 30, 2026 and may be extended, suspended, modified or discontinued at the Board’s discretion.
LM Funding America (LMFA) entered Securities Repurchase Agreements with seven institutional investors and bought back 3,308,575 shares plus associated warrants originally issued in August 2025. Each unit repurchased comprised one share and a warrant to purchase approximately 2.19 shares, at a price of $2.41 per unit, for an aggregate repurchase of about $8 million. The warrants had been adjusted to represent rights to purchase an aggregate of 7,248,787 shares. The repurchase closed on October 30, 2025.
To finance the transaction, LMFA executed a Master Digital Currency Loan Agreement with Galaxy Digital LLC and drew $11 million on October 30, 2025, secured by Bitcoin collateral owned by the company. Proceeds funded the repurchase, with the remainder for general corporate purposes. The loan framework permits borrowings in U.S. Dollars and specified digital assets, includes collateral and margin provisions, default and termination events, and has an initial one‑year term with automatic annual renewals.
LM Funding America filed a prospectus covering the resale of up to 52,668,995 shares of common stock by selling stockholders. This includes 4,799,962 outstanding shares and 47,869,033 shares issuable upon exercise of common warrants and potential anti-dilution adjustments. The company will not receive proceeds from sales by these holders, except if warrants are exercised for cash.
The shares may be sold from time to time in public or private transactions at market or negotiated prices. Including two examples from the selling holder table: Sabby Volatility Warrant Master Fund, Ltd. 7,706,864; Intracoastal Capital LLC 4,533,430. Shares outstanding were 15,517,988 as of October 7, 2025.
Recent updates note an additional loan of up to $2.0 million, the acquisition of a Mississippi hosting site for approximately $3.9 million, and a miner purchase for approximately $362,000.
LM Funding America (LMFA) drew the $700,000 second tranche under its amended loan with SE & AJ Liebel Limited Partnership. The company gave notice on October 21, 2025, and the lender advanced the funds the same day, net of loan fees.
The September 2025 amendment expanded borrowing up to $2.0 million, consisting of a $1.3 million advance at amendment signing and a $700,000 tranche the company could later draw. This filing records the creation of that direct financial obligation.
LM Funding America (LMFA) reported results of its annual meeting. As of the August 19, 2025 record date, 15,198,388 shares were outstanding. A quorum was present with 3,502,985 shares represented in person or by proxy.
Stockholders elected Class III directors Andrew L. Graham, Frederick Mills, and Frank Silcox to serve until the third subsequent annual meeting. Stockholders ratified MaloneBailey, LLP as the independent auditor for fiscal year 2025. They also approved, in accordance with Nasdaq Listing Rule 5635(d), the potential issuance of more than 19.99% of outstanding common stock upon exercise of investor warrants issued in August 2025, with votes of 3,282,233 for, 119,274 against, and 55,641 abstaining.
LM Funding America, Inc. filed an amendment to its shelf registration on Form S-3/A to register shares for resale by selling stockholders. The registration permits the listed selling holders to sell shares from time to time under the shelf process and the company will not receive proceeds from those resales. The prospectus notes share counts and ownership percentages for multiple holders (for example, 8,479,404 shares representing 13.4% in one line) and clarifies that information on the company website is not incorporated into the prospectus.