Lm funding america, inc. (LMFA)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Apr'15Dec'14
ASSETS
Cash

771

822

2,826

3,093

3,378

3,520

929

1,202

464

590

602

820

1,394

2,268

3,642

5,831

7,274

8,997

-

-

2,027

Finance receivables:
Original product - net (Note 3)

245

273

309

329

385

425

465

504

575

637

883

988

1,002

1,035

1,170

1,237

1,361

1,537

-

-

2,430

Special product - New Neighbor Guaranty program, net of allowance for credit losses of (Note 4)

99

129

148

157

245

237

263

268

338

339

333

376

444

491

523

624

645

715

-

-

1,042

Other investments - related party receivable

-

-

-

-

-

1,507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

122

145

-

-

-

155

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from related party (Note 5)

28

125

-

-

-

25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations - current assets (Note 10)

-

276

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets

1,267

1,773

-

-

-

5,871

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

244

112

169

-

233

240

121

101

-

-

-

170

-

-

-

151

-

-

310

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

4,186

3,728

3,509

3,199

2,670

2,400

2,162

-

-

-

Due from related party (Note 5)

-

-

26

-

-

-

-

-

-

-

1,661

1,686

1,709

1,661

1,389

-

-

406

-

-

463

Debt issue costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

290

Fixed assets, net (Note 1)

8

8

42

30

40

33

42

47

58

69

-

-

-

109

-

-

-

158

-

-

162

Real estate assets owned (Note 1)

18

21

25

46

52

122

124

141

184

196

-

-

-

734

-

-

-

285

-

-

42

Operating lease - right of use assets (Note 8)

235

260

284

21

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investments - related party (Note 1)

1,501

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill (Note 2)

-

4,039

5,689

5,689

5,809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets

11

11

-

-

-

32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations - long-term assets, net (Note 10)

-

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term assets

1,775

5,867

-

-

-

188

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets

-

-

10

42

32

-

32

32

62

32

653

910

1,019

32

1,149

2,050

1,923

-

-

-

-

Total assets

3,042

7,640

9,608

9,523

10,138

6,059

2,091

2,438

1,806

1,968

4,133

8,969

9,300

10,014

11,075

12,415

13,605

14,414

-

-

6,771

LIABILITIES AND STOCKHOLDERS' EQUITY
Note payable (Note 6)

34

69

-

-

-

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party convertible note payable

-

3,461

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

101

210

-

-

-

188

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock issuable

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of lease liability (Note 8)

96

94

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations - current liabilities (Note 10)

-

280

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities and obligations

-

-

-

-

-

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

483

4,116

-

-

-

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability - long-term (Note 8)

146

171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations - long-term liabilities (Note 10)

-

517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable - long-term (Note 7)

-

-

746

660

700

-

569

431

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party convertible note payable

-

-

3,461

3,461

3,581

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from related party (Note 5)

-

-

-

6

62

-

46

71

27

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability (Note 8)

-

-

287

22

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term liabilities

146

689

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal amount

-

-

-

-

-

-

-

-

15

-

4,782

4,978

5,080

5,260

5,878

6,487

7,108

7,729

-

-

-

Less unamortized debt issuance costs

-

-

-

-

-

-

-

-

-

-

25

50

74

99

124

148

173

197

-

-

-

Notes payable, net of unamortized debt issuance costs (Note 6)

-

-

-

-

-

-

-

-

-

39

4,757

4,928

5,005

5,160

5,754

6,339

6,934

7,531

-

-

7,431

Accounts payable and accrued expenses

-

-

361

359

301

-

520

303

338

477

-

-

-

493

-

-

-

466

-

-

344

Tax liability

-

-

14

14

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued loss litigation settlement

-

-

-

-

-

-

100

100

505

505

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue - origination fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

77

-

-

-

41

-

-

-

Other liabilities and obligations

-

-

82

68

61

-

27

27

31

49

1,086

1,047

517

112

625

652

784

109

-

-

65

Total liabilities

629

4,805

4,954

4,593

4,760

250

1,163

932

918

1,071

5,843

5,975

5,523

5,845

6,379

6,991

7,719

8,149

-

-

7,904

Members' deficit (see note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,144

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Stockholders’ equity:
Preferred stock, par value $0.001 per share, 5,000,000 shares authorized, none issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Common stock, par value $.001; 30,000,000 shares authorized; 3,320,261 and 3,134,261 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

3

3

3

3

3

3

0

6

6

0

3

3

3

3

3

3

3

3

0

0

-

Additional paid-in capital

17,455

17,326

17,328

17,324

17,321

17,295

12,085

12,070

11,907

11,914

6,578

6,578

6,567

6,556

6,559

6,372

6,339

6,281

-

-

-

Accumulated deficit

-15,045

-14,494

-12,677

-12,397

-11,946

-11,489

-11,158

-10,571

-11,026

-11,017

-8,291

-3,587

-2,793

-2,390

-1,866

-952

-456

-20

-

-

-

Total stockholders’ equity

2,412

2,834

4,654

4,930

5,377

5,808

927

1,505

887

896

-1,710

2,993

3,777

4,169

4,696

5,423

5,886

6,264

-

-

-

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

Total stockholders' equity/(members' deficit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,133

Total liabilities and stockholders’ equity

3,042

7,640

9,608

9,523

10,138

6,059

2,091

2,438

1,806

1,968

4,133

8,969

9,300

10,014

11,075

12,415

13,605

14,414

-

-

6,771