XML 83 R61.htm IDEA: XBRL DOCUMENT
v3.21.2

Stockholders’ Equity (Details) $ / shares in Units, ¥ in Millions |  |  | 1 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | ---
Nov. 12, 2020 shares | Aug. 01, 2020 | Dec. 19, 2020 $ / shares shares | Dec. 31, 2020 USD ($) $ / shares shares | Dec. 31, 2020 CNY (¥) | Dec. 31, 2019 USD ($) $ / shares shares | Dec. 31, 2018 USD ($) | Jul. 24, 2020 USD ($) $ / shares shares | Jun. 16, 2020 shares
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Preferred shares, shares authorized |  |  |  | 50,000,000 |  | 50,000,000 |  |  |
Preferred shares, par value (in Dollars per share) | $ / shares |  |  |  | $ 0.0001 |  | $ 0.0001 |  |  |
Ordinary shares outstanding |  |  |  |  |  |  |  |  | 17,399,176
Directors and officers amount (in Dollars) | $ |  |  |  |  |  |  |  | $ 60,000 |
Fair value price (in Dollars per share) | $ / shares |  |  |  |  |  |  |  | $ 0.20 |
Additional post-merger consideration adjustment | 121,473 |  |  |  |  |  |  |  |
Net proceeds (in Dollars) | $ |  |  |  | $ 2,531,000 |  |  |  |  |
Subscription receivable (in Dollars) | $ |  |  |  | $ 508,750 |  |  |  |  |
Warrants exercise period |  |  |  | 3 years |  |  |  |  |
Description of warrants for redemption |  |  |  | For a period of two years commencing on January 1, 2021 (or such other date as may be mutually agreed), Yun Tian shall procure that Lion Brokers Limited’s TRS trading business, T+0 business, OTC Stock Options business and any other relevant business (the “Relevant Business”) shall achieve a milestone (the “Milestone”) of net profit before tax of RMB 200 million. | For a period of two years commencing on January 1, 2021 (or such other date as may be mutually agreed), Yun Tian shall procure that Lion Brokers Limited’s TRS trading business, T+0 business, OTC Stock Options business and any other relevant business (the “Relevant Business”) shall achieve a milestone (the “Milestone”) of net profit before tax of RMB 200 million. |  |  |  |
Earn out shares issued |  |  |  | 17,600,000 |  |  |  |  |
Yun Tian [Member] |  |  |  |  |  |  |  |  |
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Ordinary shares authorized |  |  |  | 450,000,000 |  |  |  |  |
Ordinary shares, par value (in Dollars per share) | $ / shares |  |  |  | $ 0.0001 |  |  |  |  |
Net profit before tax (in Yuan Renminbi) | ¥ |  |  |  |  | ¥ 200 |  |  |  |
August 2020 Private Placement [Member] |  |  |  |  |  |  |  |  |
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Description of securities purchase agreement |  | the Company entered into a securities purchase agreement (as amended on September 29, 2020, and later amended and restated on October 19, 2020) with three investors (collectively, the “Investors”). Two tranches of transactions contemplated under the agreement were closed on August 3 and November 13, 2020, respectively. As a result, an aggregate of 1,500,000 ADSs and 1,500,000 warrants to purchase an aggregate of 1,500,000 of our ADS at US$3.00 per ADS (the “August 2020 PIPE Warrants”) were issued at US$2.00 per ADS for an aggregate purchase price of US$3 million, and an aggregate of 150,000 ADSs were issued as origination fee. Issuance costs of approximately $469,000 were recorded as a charge to additional paid-in capital, including legal and accounting fees. |  |  |  |  |  |  |
Class A Ordinary Shares [Member] |  |  |  |  |  |  |  |  |
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Ordinary shares authorized |  |  |  | 300,000,000 |  | 300,000,000 |  |  |
Ordinary shares, par value (in Dollars per share) | $ / shares |  |  |  | $ 0.0001 |  | $ 0.0001 |  |  |
Ordinary shares outstanding |  |  |  | 9,627,553 |  | 3,140,388 |  |  |
Ordinary shares outstanding |  |  |  |  |  |  |  |  | 7,647,962
Ordinary shares issued |  |  |  | 9,627,553 |  | 3,140,388 |  | 300,000 | 4,507,574
Additional post-merger consideration adjustment | 29,591 |  |  |  |  |  |  |  |
Class A Ordinary Shares [Member] | Share Subscription Agreement with Yun Tian [Member] |  |  |  |  |  |  |  |  |
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Subscription shares |  |  | 4,540,000 |  |  |  |  |  |
Share price (in Dollars per share) | $ / shares |  |  | $ 2.2 |  |  |  |  |  |
Class A Ordinary Shares [Member] | Yun Tian [Member] |  |  |  |  |  |  |  |  |
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Earn out shares issued |  |  |  | 5,000,000 |  |  |  |  |
Class B Ordinary Shares |  |  |  |  |  |  |  |  |
Stockholders’ Equity (Details) [Line Items] |  |  |  |  |  |  |  |  |
Ordinary shares authorized |  |  |  | 150,000,000 |  | 150,000,000 |  |  |
Ordinary shares, par value (in Dollars per share) | $ / shares |  |  |  | $ 0.0001 |  | $ 0.0001 |  |  |
Ordinary shares outstanding |  |  |  | 9,843,096 |  | 3,949,993 |  |  |
Ordinary shares outstanding |  |  |  |  |  |  |  |  | 9,751,214
Ordinary shares issued |  |  |  | 9,843,096 |  | 3,949,993 |  |  |
Additional post-merger consideration adjustment | 91,882 |  |  |  |  |  |  |  |

X
- References No definition available. + Details
Name: | lghl_AdditionalPostmergerConsiderationAdjustment
Namespace Prefix: | lghl_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description of securities purchase agreement. + References No definition available. + Details
Name: | lghl_DescriptionOfSecuritiesPurchaseAgreement
Namespace Prefix: | lghl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Directors and officers amount. + References No definition available. + Details
Name: | lghl_DirectorsAndOfficersAmount
Namespace Prefix: | lghl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of net proceeds. + References No definition available. + Details
Name: | lghl_NetProceeds
Namespace Prefix: | lghl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of Net profit before tax. + References No definition available. + Details
Name: | lghl_NetProfitBeforeTax
Namespace Prefix: | lghl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | lghl_StockholdersEquityDetailsLineItems
Namespace Prefix: | lghl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Subscription receivable for the shares issued + References No definition available. + Details
Name: | lghl_SubscriptionReceivableForTheSharesIssued
Namespace Prefix: | lghl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of subscription shares. + References No definition available. + Details
Name: | lghl_SubscriptionShares
Namespace Prefix: | lghl_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Total number of shares of other common stock instruments held by shareholders, such as exchangeable shares. May be all or portion of the number of common shares authorized. + References No definition available. + Details
Name: | us-gaap_CommonStockOtherSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21463-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Description of debt redemption features under terms of the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Price of a single share of a number of saleable stocks of a company. + References No definition available. + Details
Name: | us-gaap_SharePrice
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21463-112644 + Details
Name: | us-gaap_SharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per share or per unit amount of equity securities issued. + References No definition available. + Details
Name: | us-gaap_SharesIssuedPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period between issuance and expiration of outstanding warrant and right embodying unconditional obligation requiring redemption by transferring asset at specified or determinable date or upon event certain to occur, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
Name: | us-gaap_WarrantsAndRightsOutstandingTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=lghl_YunTian1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=us-gaap_PrivatePlacementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | lghl_AgreementTypeAxis=lghl_ShareSubscriptionAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |