Income Tax (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Reconciliation Statutory Income Tax Rate to the Company's Effective Tax Rate

A reconciliation of the United States statutory income tax rate to the Company’s effective tax rate for the year ended December 31, 2022, 2021, and 2020 is as follows for the years indicated:

	December 31, 2022			December 31, 2021			December 31, 2020
Federal Statutory rate		21.00	%		21	%		21	%
Noncontrolling interests/effect of pass-through entities		-20.70	%		-21	%		-21	%
Valuation allowance		-0.40	%		0	%		0	%
Other		0.10	%		0	%		0	%
Effective Income tax rate		0.00	%		0	%		0	%

Schedule of Company's Deferred Tax Assets and Liabilities

Details of the Company’s deferred tax assets and liabilities at December 31, 2022 and 2021 are as follows for the years indicated:

	December 31, 2022		December 31, 2021
Deferred tax assets
Net operating loss carryforward	$	423		53
Investment in MSP Recovery, LLC		38,263		-
Start-up Costs		917		804
Transaction Costs		3,224		-
Total deferred tax assets		42,827		857
Valuation Allowance		-42,827		-857
Total Deferred tax assets (liability)	$	-		-