v3.25.2
Condensed Financial Information of the Parent Company - Schedule of Condensed Statement of Cash Flows (Details) - Parent Company [Member] - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net loss $ (3,230,265) $ (530,480) $ (7,302,629)
Adjustments to reconcile net loss to net cash used in operating activities:      
Share-based compensation 3,483,072 437,004 4,423,070
Changes in operating assets and liabilities:      
Prepaid expenses and other assets (2,519,756) (3,706,010) (189,272)
Advances to/from subsidiaries (16,457,584) (100,275,599) (40,177,171)
Accrued expenses and other liabilities (1,423,462) 3,411,470 624,363
Net cash used in operating activities (20,147,995) (100,663,615) (42,621,639)
Cash flows from investing activities:      
Note receivable due from subsidiary (12,100,000) (30,000,000)
Net cash used in investing activities (12,100,000) (30,000,000)
Cash flows from financing activities:      
Receipt of preferred stock sale proceeds 40,297,282 20,000,000
Spin-off of subsidiary to shareholders (7,014,594)
Proceeds from exercise of options 48,991
Receipt of preferred stock subscription receivable 73,723,814
Receipt of preferred stock warrant exercise proceeds 10,000,000
Payment of preferred shares repurchase payable (55,000,005)
Net cash provided by financing activities 40,346,273 12,985,406 28,723,809
Net increase (decrease) in cash and cash equivalents 20,198,278 (99,778,209) (43,897,830)
Cash, cash equivalents and segregated cash at beginning of the period 5,777,326 105,555,535 149,453,365
Cash, cash equivalents and segregated cash at end of the period 25,975,604 5,777,326 105,555,535
Supplemental cash flow information:      
Cash paid for interest and taxes
Non cash investing and financing activities:      
Note receivable from Webull Pay, Inc. 2,852,106
Preferred shares redemption value accretion $ 495,088,038 $ 340,080,000 $ 51,409,749