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Consolidated Statements of Changes in Shareholders’ Deficit - USD ($)
Ordinary Shares
Class A
Treasury Share Reserve
Additional Paid -In Capital
Subscription Receivable
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total Shareholders’ Deficit
Noncontrolling Interest
Total
Balance at Dec. 31, 2021 $ 13,449 $ (3,449) $ (1,473,025,700) $ (4,970,718) $ (1,477,986,418) $ (1,477,986,418)
Balance (in Shares) at Dec. 31, 2021 134,486,491                
Balance (in Shares) at Dec. 31, 2021   (6,370,243)              
Issuances of vested restricted stock awards $ 127 127 127
Issuances of vested restricted stock awards (in Shares) 1,267,639 1,267,639              
Net loss attributable to noncontrolling interest                
Issuance of shares to treasury share reserve
Issuance of shares to treasury share reserve (in Shares) (2,674,846)              
Share-based compensation 30,085,992 30,085,992 30,085,992
Receipt of subscription receivable 3,449 3,449 3,449
Net income (loss) attributable to the Company 50,077,626 50,077,626 50,077,626
Preferred shares redemption value accretion (30,085,992) (21,323,757) (51,409,749) (51,409,749)
Foreign currency translation adjustment, net of $0 income taxes (3,551,836) (3,551,836) (3,551,836)
Balance at Dec. 31, 2022 $ 13,576 (1,444,271,831) (8,522,554) (1,452,780,809) (1,452,780,809)
Balance (in Shares) at Dec. 31, 2022 135,754,130                
Balance (in Shares) at Dec. 31, 2022   (7,777,450)              
Issuances of vested restricted stock awards $ 132 (132)
Issuances of vested restricted stock awards (in Shares) 1,323,252 1,323,252              
Spin-off of subsidiary to shareholders (7,014,594) (7,014,594) (7,014,594)
Acquisition of PT Webull Sekuritas Indonesia 910,230 910,230
Net loss attributable to noncontrolling interest (247,296) (247,296)
Share-based compensation 29,375,956 29,375,956 29,375,956
Net income (loss) attributable to the Company 6,069,284 6,069,284 6,069,284
Preferred shares redemption value accretion (29,375,824) (310,704,176) (340,080,000) (340,080,000)
Foreign currency translation adjustment, net of $0 income taxes 1,662,753 1,662,753 (2,713) 1,660,040
Balance at Dec. 31, 2023 $ 13,708 (1,755,921,317) (6,859,801) (1,762,767,410) 660,221 $ (1,762,107,189)
Balance (in Shares) at Dec. 31, 2023 137,077,382                
Balance (in Shares) at Dec. 31, 2023   (6,454,199)             6,454,198
Issuances of vested restricted stock awards $ 179 (179)
Issuances of vested restricted stock awards (in Shares) 1,791,669 1,791,669              
Net loss attributable to noncontrolling interest (488,504) (488,504)
Increase in noncontrolling interest attributable to loan conversion 1,196,037 1,196,037
Options exercised $ 44 48,947 48,991 48,991
Options exercised (in Shares) 438,173 438,173              
Share-based compensation 32,587,611 32,587,611 32,587,611
Net income (loss) attributable to the Company (22,693,648) (22,693,648) (22,693,648)
Preferred shares redemption value accretion (32,636,379) (462,451,659) (495,088,038) (495,088,038)
Foreign currency translation adjustment, net of $0 income taxes (8,336,145) (8,336,145) (94,666) (8,430,811)
Balance at Dec. 31, 2024 $ 13,931 $ (2,241,066,624) $ (15,195,946) $ (2,256,248,639) $ 1,273,088 $ (2,254,975,551)
Balance (in Shares) at Dec. 31, 2024 139,307,224                
Balance (in Shares) at Dec. 31, 2024   (4,224,356)             4,224,356