Revisions to Previously Issued Financial Statements - Summary of Consolidated Statements of Operations (Details) - USD ($) |
3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|---|---|
Sep. 30, 2024 |
Jun. 30, 2024 |
Mar. 31, 2024 |
Jun. 30, 2024 |
Sep. 30, 2024 |
Dec. 31, 2025 |
Dec. 31, 2024 |
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| Error Corrections and Prior Period Adjustments Restatement [Line Items] | |||||||
| Depreciation and amortization | $ 1,935,835 | $ 1,875,359 | $ 1,976,196 | $ 3,851,555 | $ 5,787,390 | $ 8,171,570 | $ 7,774,161 |
| Total operating costs and expenses | 5,255,996 | 7,290,484 | 3,735,130 | 11,025,614 | 16,323,667 | ||
| Operating income (loss) | (4,000,523) | (4,279,137) | 1,012,474 | (3,266,663) | (7,309,243) | ||
| Income (loss) before income taxes | (4,389,318) | (6,182,986) | 2,353,838 | (3,829,148) | (8,218,466) | (26,975,191) | (7,655,432) |
| Net loss | (4,389,318) | (6,182,986) | 2,353,838 | (3,829,148) | (8,218,466) | (26,975,191) | (7,655,432) |
| Net loss attributable to LM Funding America Inc. | (4,284,275) | (5,608,512) | 1,939,617 | (3,668,895) | (7,953,170) | (26,920,197) | (7,315,376) |
| Net income (loss) attributable to common shareholders | (5,988,580) | (5,608,512) | 1,939,617 | (3,668,895) | (9,657,475) | $ (28,499,217) | $ (14,110,300) |
| As Previously Reported [Member] | |||||||
| Error Corrections and Prior Period Adjustments Restatement [Line Items] | |||||||
| Depreciation and amortization | 2,349,634 | 2,339,702 | 2,426,068 | 4,765,770 | 7,115,404 | ||
| Total operating costs and expenses | 5,669,795 | 7,754,827 | 4,185,002 | 11,939,829 | 17,651,681 | ||
| Operating income (loss) | (4,414,322) | (4,743,480) | 562,602 | (4,180,878) | (8,637,257) | ||
| Income (loss) before income taxes | (4,803,117) | (6,647,329) | 1,903,966 | (4,743,363) | (9,546,480) | ||
| Net loss | (4,803,117) | (6,647,329) | 1,903,966 | (4,743,363) | (9,546,480) | ||
| Net loss attributable to LM Funding America Inc. | (4,698,074) | (6,072,855) | 1,489,745 | (4,583,110) | (9,281,184) | ||
| Net income (loss) attributable to common shareholders | $ (6,402,379) | $ (6,072,855) | $ 1,489,745 | $ (4,583,110) | $ (10,985,489) | ||
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- Definition Operating costs and expenses including gain loss on disposal of assets. No definition available.
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- Definition Operating income loss including gain loss on disposal of assets. No definition available.
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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