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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Schedule of reconciliation of cash and restricted cash

		June 30, 2022				December 31, 2021
Cash		$	4,988,308			$	4,986,559
Restricted cash			461,649				108,083
Total cash and restricted cash		$	5,449,957			$	5,094,642

Schedule of accounts receivable

		June 30, 2022				December 31, 2021
Accounts receivable		$	47,515,013			$	54,042,161
Allowance for doubtful accounts			(14,464,173	)			(27,703,278	)
Accounts receivable, net		$	33,050,840			$	26,338,883

Schedule of allowance for doubtful accounts

		Six Months Ended June 30, 2022				Year Ended December 31, 2021
Beginning balance		$	27,703,278			$	22,138,541
Provision			27,563,993				40,342,618
Accounts written off			(40,803,098	)			(34,777,881	)
Ending balance		$	14,464,173			$	27,703,278

Schedule of net leased merchandise

		June 30, 2022				December 31, 2021
Lease merchandise at cost		$	69,525,102			$	72,159,063
Accumulated depreciation			(30,307,129	)			(29,505,431	)
Impairment reserve			(3,080,978	)			(1,711,520	)
Lease merchandise, net		$	36,136,995			$	40,942,112

Schedule of lessor revenues and fees

		Three Months ended June 30,								Six Months ended June 30,
		2022				2021				2022				2021
Lease billings and accruals		$	39,596,845			$	40,607,513			$	79,194,274			$	82,192,193
Provision for doubtful accounts			(15,732,876	)			(9,945,043	)			(27,563,993	)			(18,778,392	)
Gain on sale of lease receivables			6,604,507				-				6,604,507				-
Lease revenues and fees		$	30,468,476			$	30,662,470			$	58,234,788			$	63,413,801

Schedule of series 2 convertible preferred stock as their effect is anti-dilutive

		June 30,
		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			3,936,083				3,117,310
Common Stock Warrants			2,255,184				2,352,488
Performance Share Units			790,327				-
			13,169,423				11,657,627

Schedule of basic and diluted earnings per share

		Six Months ended
		June 30,
		2022				2021
Numerator
Net income		$	12,008,286			$	943,431
Series 2 Convertible Preferred Stock dividends			(1,219,554	)			(1,219,545	)
Net income/(loss) attributable to common and Series 1 Convertible Preferred Stock			10,788,732				(276,114	)
Net income attributable to Series 1 Convertible Preferred Stock			(124,057	)			-
Series 2 Convertible Preferred Stock dividends attributable to Series 1 Convertible Preferred Stock			12,599				-
Net income/(loss) attributable to common shares- Numerator for basic EPS			10,677,274			$	(276,114	)
Effect of dilutive securities:
Series 2 Convertible Preferred Stock dividends			1,219,554				-
Net income/(loss) attributable to common shares after assumed conversions- Numerator for diluted EPS			11,896,828				(276,114	)
Denominator
Weighted average of common shares outstanding- Denominator for basic EPS			21,576,312				21,375,096
Effect of dilutive securities:
Series 2 Convertible Preferred Stock			5,845,695				-
Series 1 Convertible Preferred Stock			225,231				-
Common stock options and performance share units			355,753				-
Common stock warrants			190,277				-
Adjusted weighted average of common shares outstanding and assumed conversions- Denominator diluted EPS			28,193,268				21,375,096
Basic EPS		$	0.49			$	(0.01	)
Diluted EPS		$	0.42			$	(0.01	)

		Three Months ended
		June 30,
		2022				2021
Numerator
Net income		$	14,389,221			$	942,194
Series 2 Convertible Preferred Stock dividends			(609,777	)			(609,773	)
Net income attributable to common and Series 1 Convertible Preferred Stock			13,779,444				332,421
Net income attributable to Series 1 Convertible Preferred Stock			(148,457	)			(9,822	)
Series 2 Convertible Preferred Stock dividends attributable to Series 1 Convertible Preferred Stock			6,291				6,357
Net income attributable to common shares- Numerator for basic EPS			13,637,278				328,956
Effect of dilutive securities:
Series 2 Convertible Preferred Stock dividends			609,777				-
Net income attributable to common shares after assumed conversions - Numerator for diluted EPS		$	14,247,055			$	328,956
Denominator
Weighted average of common shares outstanding- Denominator for basic EPS			21,605,234				21,605,461
Effect of dilutive securities
Series 2 Convertible Preferred Stock			5,845,695				-
Series 1 Convertible Preferred Stock			225,231				-
Common stock options and performance share units			222,664				1,156,512
Common stock warrants			-				841,504
Adjusted weighted average of common shares outstanding and assumed conversions- Denominator for diluted EPS			27,898,824				23,603,477
Basic EPS		$	0.63			$	0.02
Diluted EPS		$	0.51			$	0.01

Schedule of fair value assets measured on recurring basis

			Fair Value Measurement Using
Financial instruments – As of June 30, 2022 (1)			Level 1				Level 2				Level 3			Carrying Amount
Loans receivable at fair value		$	-			$	-			$	22,534,033		$	16,487,838

			Fair Value Measurement Using
Financial instruments – As of December 31, 2021 (1)			Level 1				Level 2				Level 3			Carrying Amount
Loans receivable at fair value		$	-			$	-			$	3,560,108		$	3,151,184

Schedule of fair value assets measured on recurring basis, unobservable input reconciliation

		Six months Ended June 30, 2022				Year Ended December 31, 2021
Beginning balance		$	3,560,108			$	89,445
Purchases of loan participation			15,211,553				3,309,732
Obligation of loan participation			2,068,413				163,307
Interest and fees(1)			4,810,748				672,272
Collections			(5,574,640	)			(907,169	)
Net charge off (1)			(1,522,903	)			(146,923	)
Net change in fair value(1)			3,980,754				379,444
Ending balance		$	22,534,033			$	3,560,108

Schedule of quantitative information about the inputs used in fair value measurement

		June 30, 2022												December 31, 2021
		Minimum				Maximum				Weighted Average (2)				Minimum				Maximum				Weighted Average
Estimated losses (1)			8.8	%			35.1	%			15.6	%			26.0	%			35.0	%			34.6	%
Servicing costs			-				-				4.0	%			-				-				4.6	%
Discount rate			-				-				19.2	%			-				-				11.1	%

Schedule of concerning loan receivables at fair value

		June 30, 2022				December 31, 2021
Aggregate fair value of loans receivables that are 90 days or more past due		$	217,398			$	-
Unpaid principal balance of loans receivables that are 90 days or more past due			661,727				-
Aggregate fair value of loans receivables in non-accrual status			-				-

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