LM Funding America, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Stockholders' Equity - Additional Information (Detail)

v3.20.2

Stockholders' Equity - Additional Information (Detail) - USD ($)		1 Months Ended	3 Months Ended		6 Months Ended
	Mar. 23, 2020	Apr. 30, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Class Of Stock [Line Items]
Recognized compensation expense of stock options			$ 6,800	$ 7,800
Remaining unrecognized compensation cost			11,400		$ 11,400
Aggregate intrinsic value of outstanding common stock options			$ 0		0		$ 0
Proceeds from warrants exercised					$ 2,946,480	$ 22,320
Number of warrants, exercised					1,227,700	9,300
Cash received for shares issued		$ 1.0
Share Exchange Agreement [Member]
Class Of Stock [Line Items]
Common stock issued	520,833
Denominator for conversion of convertible note to restricted common shares	$ 2.40
Cash received for shares issued	$ 250,000
Maxim Holdings LLC [Member]
Class Of Stock [Line Items]
Recognized compensation expense of stock options					$ 125,450
Common stock sold	186,000
Stock Warrants [Member]
Class Of Stock [Line Items]
Proceeds from warrants exercised					$ 2,946,480
Number of warrants, exercised					1,227,700

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