Lindsay Lohan deeply regrets her blowout argument with her mother Dina Lohan -- telling TMZ, what she said on the audio recording was NOT true ... her mother was NOT on cocaine during the fight.
Lindsay called in to "TMZ Live" moments ago -- telling us, "I told my dad a really hurtful and untruthful lie about my mom. She was not on cocaine."
Lindsay says her father Michael Lohan betrayed her trust by releasing a recording of her desperate phone call to the media.
Lindsay tells us, turning to her father in a moment of desperation was a massive mistake and she is now "done" with him forever -- adding, Michael "doesn't know what it means to be a father. He doesn't want to be a dad."
Lindsay minimized yesterday's argument, saying, "Daughters have fights with their moms. It happens a lot. It's normal."
Lindsay also RIPS Dr. Phil for the way he conducted his interview with Dina -- calling it "vile" and "disgusting."
TMZ posted audio of Lindsay's phone call to her father, in which she accuses her mother of being on cocaine and acting "like the devil." Lindsay and Dina were on their way home from an NYC nightclub at the time.
During the call, Lindsay also says she gave her mom $40,000 to save Dina's home -- but Lindsay wouldn't comment on that today.