{"filing":{"accession_number":"0001193125-26-374752","cik":"0001640384","ticker":"LMFA","company_name":"POWERCOMPUTE, INC.","form":"8-K","filing_date":"2026-08-28","report_date":"2026-08-25","primary_document":"lmfa-20260825.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1640384/000119312526374752/lmfa-20260825.htm"},"events":[{"id":30416,"run_id":27875,"accession_number":"0001193125-26-374752","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"PowerCompute entered into a Loan and Security Agreement with Arch Lending on August 25, 2026, creating a $21.9 million direct financial obligation secured by 307 Bitcoin at 6.5% interest under a 30-day collar loan structure.","company_name":"POWERCOMPUTE, INC.","ticker":"LMFA","filing_date":"2026-08-28","form":"8-K","submitted_at":null,"items":[{"id":32996,"accession_number":"0001193125-26-374752","item_number":"1.01","item_title":"Entry into a Material Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 1.01 references incorporation of Item 2.03 content, which is the standard 8-K Item for debt issuance and creation of direct financial obligations. The cross-reference structure indicates the material agreement disclosed under Item 1.01 is a debt instrument or credit facility, making debt_issuance the most likely classification. However, without seeing the actual Item 2.03 text, there is some residual uncertainty that the agreement could be a different type of material contract.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T21:19:45.942572+00:00","company_name":"","ticker":null,"filing_date":""},{"id":32997,"accession_number":"0001193125-26-374752","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"PowerCompute entered into a new loan facility with Arch Lending on August 25, 2026, creating a direct financial obligation of $21.9 million secured by 307 Bitcoin. This is a classic debt issuance under Item 2.03, involving creation of a new direct financial obligation through a Loan and Security Agreement with specified terms (6.5% interest, 30-day collar loan structure). The materiality is clear given the size of the obligation and its use to refinance prior debt.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T21:19:45.942572+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":32996,"accession_number":"0001193125-26-374752","item_number":"1.01","item_title":"Entry into a Material Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 1.01 references incorporation of Item 2.03 content, which is the standard 8-K Item for debt issuance and creation of direct financial obligations. The cross-reference structure indicates the material agreement disclosed under Item 1.01 is a debt instrument or credit facility, making debt_issuance the most likely classification. However, without seeing the actual Item 2.03 text, there is some residual uncertainty that the agreement could be a different type of material contract.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T21:19:45.942572+00:00","company_name":"POWERCOMPUTE, INC.","ticker":"LMFA","filing_date":"2026-08-28"},{"id":32997,"accession_number":"0001193125-26-374752","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"PowerCompute entered into a new loan facility with Arch Lending on August 25, 2026, creating a direct financial obligation of $21.9 million secured by 307 Bitcoin. This is a classic debt issuance under Item 2.03, involving creation of a new direct financial obligation through a Loan and Security Agreement with specified terms (6.5% interest, 30-day collar loan structure). The materiality is clear given the size of the obligation and its use to refinance prior debt.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T21:19:45.942572+00:00","company_name":"POWERCOMPUTE, INC.","ticker":"LMFA","filing_date":"2026-08-28"}]}