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Loans Held for Investment, Net (Tables)

9 Months Ended

Sep. 30, 2024

Receivables [Abstract]

Schedule of Company’s Loans Held for Investment

									Past Due
			Current						30-59 Days						60-89 days						> 90 days						Total
Loans held for investment			$	4,770,333					$	66,839					$	46,173					$	30,029					$	4,913,374
Allowance for credit losses																											(665,142)
Loans held for investment, net																											$	4,248,232

Schedule of Allowance for Credit Losses on Loans Held for Investment

The changes in allowance for credit losses on loans held for investment as of September 30, 2024 is as follows:

Balance at January 1, 2024			$	—
Balance acquired from Credova Merger			1,130,515
Charge-offs			(1,015,358)
Provision for credit losses			549,985
Balance at September 30, 2024			$	665,142

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

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