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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of accounts receivable
   March 31,
2022		   December 31,
2021		 
         
Accounts receivable  $51,988,768   $54,042,161 
Allowance for doubtful accounts   (22,450,828)   (27,703,278)
Accounts receivable, net  $29,537,940   $26,338,883 

 
Schedule of allowance for doubtful accounts
   Three Months
Ended
March 31,
2022		   Year
Ended
December 31,
2021		 
Beginning balance  $27,703,278   $22,138,541 
Provision   11,831,117    40,342,618 
Accounts written off   (17,083,567)   (34,777,881)
Ending balance  $22,450,828   $27,703,278 

 
Schedule of net leased merchandise
   March 31,
2022		   December 31,
2021		 
Lease merchandise at cost  $68,614,211   $72,159,063 
Accumulated depreciation   (29,574,842)   (29,505,431)
Impairment reserve   (2,441,540)   (1,711,520)
Lease merchandise, net  $36,597,829   $40,942,112 

 
Schedule of lessor revenues and fees
   Three Months ended 
   March 31, 
   2022   2021 
Lease billings and accruals  $39,597,429   $41,584,680 
Provision for doubtful accounts   (11,831,117)   (8,833,349)
Lease revenues and fees  $27,766,312   $32,751,331 

 
Schedule of series1 convertible preferred stock and series 2 convertible preferred stock due to anti-dilution
   Three Months ended 
   March 31, 
   2022   2021 
Series 1 Convertible Preferred Stock   225,231    225,231 
Series 2 Convertible Preferred Stock   5,845,695    5,845,695 
Series 2 Convertible Preferred Stock issuable upon exercise of warrants   116,903    116,903 
Common Stock Options   3,837,559    3,118,730 
Common Stock Warrants   2,255,184    2,232,488 
Performance Share Units   790,327    - 
    13,070,899    11,539,047 
Schedule of basic and diluted earnings per share
   Three Months ended 
   March 31, 
   2022   2021 
Numerator          
Net (loss)/income  $(2,380,935)  $1,237 
Convertible Series 2 Preferred Share dividends   (609,777)   (609,772)
Net loss attributable to common and Series 1 Convertible Preferred Shareholders - Numerator for basic and diluted EPS  $(2,990,712)  $(608,535)
Denominator          
Denominator for basic and diluted EPS- weighted average shares   21,547,069    21,369,904 
Basic EPS  $(0.14)   (0.03)
Diluted EPS  $(0.14)   (0.03)
Schedule of fair value assets measured on recurring basis
    Fair Value Measurement Using        
Financial instruments – As of March 31, 2022 (1)   Level 1     Level 2     Level 3     Carrying Amount  
Loans receivable   $
       -
     $
       -
     $ 7,137,503     $ 7,137,503  

 

    Fair Value Measurement Using        
Financial instruments – As of December 31, 2021 (1)   Level 1     Level 2     Level 3     Carrying Amount  
Loans receivable   $
      -
     $
       -
     $ 3,560,108     $ 3,560,108  

(1)For cash, accounts receivable, and accounts payable the carrying amount is a reasonable estimate of fair value due to their short-term nature. The carrying value of loans payable under the Credit Agreement increased by unamortized issuance costs and the carrying value of promissory notes to related parties approximates fair value based upon their interest rates, which approximate current market interest rates.

 
Schedule of fair value assets measured on recurring basis, unobservable input reconciliation
   Three months
Ended
March 31,
2022		   Year
Ended
December 31,
2021		 
Beginning balance  $3,560,108   $89,445 
Purchases of loan participation   4,295,401    3,473,039 
Interest and fees (1)   1,712,348    672,272 
Collections   (1,906,930)   (907,169)
Net charge off (1)   (164,780)   (146,923)
Net change in fair value (1)   (358,644)   379,444
Ending balance  $7,137,503   $3,560,108 

 

(1) Included in loan revenues and fees, net of changes in fair value in the condensed consolidated statement of operations
Schedule of quantitative information about the inputs used in fair value measurement
    March 31, 2022     December 31, 2021  
    Minimum     Maximum     Weighted Average (2)     Minimum     Maximum     Weighted Average  
Estimated losses (1)     26.0 %     35.0 %     34.8 %     26.0 %     35.0 %     34.6 %
Servicing costs    
-
      
-
       4.0 %    
-
      
-
       4.6 %
Discount rate    
-
      
-
       11.4 %    
-
      
-
       11.1 %

(1)Figure disclosed as a percentage of outstanding principal balance.

(2)Unobservable inputs were weighted by outstanding principal balance, which are grouped by origination channel (retail and direct-to-consumer).

 
Schedule of concerning loan receivables at fair value
   March 31,
2022		   December 31,
2021		 
Aggregate fair value of loans receivables at fair value that are 90 days or more past due  $253,418   $
         -
 
Unpaid principal balance of loans receivables at fair value that are 90 days or more past due   372,059    
-
 
Aggregate fair value of loans receivables at fair value in non-accrual status   
-
    
-