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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