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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Summary of Significant Accounting Policies [Abstract]  
Schedule of reconciliation of cash and restricted cash
   December 31,
2022		   December 31,
2021		 
         
Cash  $6,051,713   $4,986,559 
Restricted cash   121,636    108,083 
Total cash and restricted cash  $6,173,349   $5,094,642 

 
Schedule of accounts receivable
   December 31,
2022		   December 31,
2021		 
         
Lease receivables  $48,618,843   $53,176,432 
Allowance for doubtful accounts   (13,078,800)   (27,703,278)
Lease receivables, net  $35,540,043   $25,473,154 

 
Schedule of allowance for doubtful accounts
   Year Ended
December 31,
2022		   Year Ended
December 31,
2021		 
Beginning balance  $27,703,278   $22,138,541 
Provision   57,420,480    40,342,618 
Accounts written off   (72,044,958)   (34,777,881)
Ending balance  $13,078,800   $27,703,278 

 
Schedule of net leased merchandise
   December 31,
2022		   December 31,
2021		 
Lease merchandise at cost  $62,379,920   $72,159,063 
Accumulated depreciation and impairment reserve   (30,829,479)   (31,216,951)
Lease merchandise, net  $31,550,441   $40,942,112 

 
Schedule of lessor revenues and fees
   Year ended
December 31,		 
   2022   2021 
Lease billings and accruals  $154,535,446   $164,848,050 
Provision for doubtful accounts   (57,420,480)   (40,342,618)
Gain on sale of lease receivables   8,821,106    
-
 
Lease revenues and fees  $105,936,072   $124,505,432 

 
Schedule of series 2 convertible preferred stock, options, performance share units and warrants
   December 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   3,919,228    3,080,904 
Common Stock Warrants   2,255,184    2,255,184 
Performance Share Units   790,327    
-
 
    13,152,568    11,523,917 

 
Schedule of basic and diluted earnings per share
   Year ended 
   December 31, 
   2022   2021 
Numerator        
Net income  $13,631,719   $3,272,774 
Series 2 Convertible Preferred Stock dividends   (3,730,580)   (2,439,099)
Net income attributable to common and Series 1 Convertible Preferred Stock   9,901,139    833,675 
Net income attributable to Series 1 Convertible Preferred Stock   (140,374)   (34,106)
Series 2 Convertible Preferred Stock dividends attributable to Series 1 Convertible Preferred Stock   38,416    25,418 
Net income attributable to common shares - Numerator for basic and diluted EPS  $9,799,181   $824,987 
Denominator          
Weighted average of common shares outstanding- Denominator for basic EPS   21,646,896    21,387,960 
Effect of dilutive securities:   
-
      
Series 1 Convertible Preferred Stock   225,231    
-
 
Common stock options and performance share units   351,576    978,978 
Common stock warrants   201,651    861,026 
Adjusted weighted average of common shares outstanding and assumed conversions- Denominator diluted EPS   22,425,354    23,227,964 
Basic EPS  $0.45   $0.04 
Diluted EPS  $0.44   $0.04 

   
Schedule of fair value assets measured on recurring basis
    Fair Value Measurement Using     Carrying  
Financial instruments – As of December 31, 2022 (1)   Level 1     Level 2     Level 3     Amount  
Loan receivables at fair value   $ -     $ -     $ 32,932,504     $ 42,747,668  
Promissory note related to acquisition     -       -       3,158,471       3,158,471  

 

   Fair Value Measurement Using   Carrying 
Financial instruments – As of December 31, 2021 (1)  Level 1   Level 2   Level 3   Amount 
Loan receivables at fair value  $
-
   $
-
   $3,560,108   $3,151,377 

 

(1) For cash, lease 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, 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
    Year Ended
December 31,
2022		     Year Ended
December 31,
2021		  
Beginning balance   $ 3,560,108     $ 89,445  
Purchases of loan participation     31,216,406       3,309,732  
Obligation of loan participation     12,931       163,307  
Purchase of loan portfolio in Revolution Transaction     13,320,326       -  
Loan originations     5,519,303       -  
Interest and fees(1)     16,680,080       672,340  
Collections     (27,816,669 )     (923,700 )
Net charge off (1)     (10,653,751 )     (146,923 )
Net change in fair value(1)     1,093,770       395,907  
Ending balance   $ 32,932,504     $ 3,560,108  

 

(1) Included in loan revenues and fees, net of changes in fair value in the consolidated statements of operations

 
Schedule of quantitative information about the inputs used in fair value measurement
   December 31, 2022   December 31, 2021 
   Minimum   Maximum   Weighted
Average(2)		   Minimum   Maximum   Weighted
Average		 
Estimated losses(1)   2.0%   92.4%   40.8%   26.0%   35.0%   34.6%
Servicing costs   
-
    
-
    4.5%   
-
    
-
    4.6%
Discount rate   
-
    
-
    21.0%   
-
    
-
    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.

 
Schedule of concerning loan receivables at fair value
   December 31,
2022		   December 31,
2021		 
Aggregate fair value of loan receivables that are 90 days or more past due  $203,182   $
            -
 
Unpaid principal balance of loan receivables that are 90 days or more past due   1,841,812    
-
 
Aggregate fair value of loan receivables in non-accrual status   6,947,224    
-