XML 79 R48.htm IDEA: XBRL DOCUMENT
v3.26.1

Acquisitions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Acquisitions [Abstract] |
Schedule of Estimated Fair Values of the Assets, Liabilities and Net Assets | The following table presents, on a condensed basis, the estimated fair values of the assets, liabilities and net assets that were acquired:
Assets: |  |  |
Cash and cash equivalents and segregated cash |  | $ | 2,119,445 |
Receivables from brokers, dealers, and clearing organizations |  |  | 88,455 |
Receivables from customers |  |  | 52,551 |
Prepaid expenses and other assets |  |  | 153,342 |
Intangible asset |  |  | 2,962,202 |
Liabilities: |  |  |  |
Payables due to customers |  |  | (88,210 | )
Payables due to brokers, dealers, and clearing organizations |  |  | (52,468 | )
Accrued expenses and other liabilities |  |  | (9,614 | )
Deferred tax liability |  |  | (651,684 | )
Net assets acquired |  | $ | 4,574,019 |
The following table presents the fair value of the net assets acquired.
Cash and cash equivalents |  | $ | 1,048,480 |
Prepaid expenses and other assets |  |  | 708,912 |
Software |  |  | 657,793 |
Goodwill |  |  | 5,197,438 |
Accrued expenses and other current liabilities |  |  | (612,623 | )
Net assets acquired |  | $ | 7,000,000 |
The following table presents, on a condensed basis, the preliminary fair value of the net assets that were acquired.
Assets |  |  |
Cash and cash equivalents |  | $ | 6,571,007 |
Cash and cash equivalents segregated under federal and foreign requirements |  |  | 65,465,947 |
Receivables from brokers, dealers, and clearing organizations |  |  | 6,875,001 |
Prepaid expenses and other current assets |  |  | 1,742,645 |
Intangible assets |  |  | 36,302,000 |
Goodwill |  |  | 25,066,700 |
Other non-current assets |  |  | 527,863 |
Liabilities |  |  |  |
Payables due to customers |  |  | 64,109,612 |
Accounts payable and other accrued expenses |  |  | 2,119,908 |
Deferred tax liabilities |  |  | 8,212,023 |
Net assets acquired |  | $ | 68,109,620 |
Schedule of Components of the Purchase Consideration | The following presents the components of the Purchase Consideration.
Cash consideration |  | $ | 5,000,000 |
Elimination of pre-acquisition loan |  |  | 2,000,000 |
Fair value of consideration transferred |  | $ | 7,000,000 |
The fair value of the individual components of the Purchase Consideration is presented below.
Cash consideration |  | $ | 27,534,365 |
Fair value of ordinary shares issued to Webull Pay shareholders |  |  | 40,575,255 |
Total consideration transferred |  | $ | 68,109,620 |

X
- Definition Tabular disclosure of components of the purchase consideration. + References No definition available. + Details
Name: | bull_ScheduleOfComponentsOfThePurchaseConsiderationTableTextBlock
Namespace Prefix: | bull_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration