Cover - USD ($) $ / shares in Units, $ in Millions |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2024 |
Dec. 31, 2023 |
Mar. 31, 2025 |
Jun. 30, 2024 |
|
Cover [Abstract] | ||||
Document Type | 10-K/A | |||
Amendment Flag | true | |||
Amendment Description | This Amendment No1. (the “Amendment”) to the Annual Report on Form 10-K for the year ended December 31, 2024, originally filed with the Securities and Exchange Commission (the “SEC”) on April 15, 2025 (the “Original Filing”) by IMAC Holdings, Inc. (the “Company”) is being filed to amend and restate the Original Filing in its entirety. Amendments were made to Part II, Item 8, Part II, Item 9A, and Part III, Item 10. Changes were not made to the remaining sections, but all other sections are contained in this Amendment for convenience. Restatement Background As previously reported in the Company’s Current Report on Form 8-K filed with the SEC on May 20, 2025, the Audit Committee of the Board of Directors (the “Board”) of the Company (the “Audit Committee”), based on the recommendation of management, determined that the Company’s previously issued financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 should no longer be relied upon and require restatement because of an error with respect to the accounting for its preferred dividends. Refer to Note 2 – Restatement of Previously Issued Financial Statements in the Notes to the Consolidated Financial Statements for more information related to the Restatement, including the impact on the Company’s Consolidated Financial Statements. Items Amended in this Filing This Form 10-K/A amends and restates the following item included in the Original Form 10-K as appropriate to reflect the Restatement: ●Part II, Item 8. Financial Statements and Supplementary Data ●Part II, Item 9A. Controls and Procedures ●Part III, Item 10. Directors, Executives Officers and Corporate Governance The Company is including with this Form 10-K/A currently dated certifications of the Company’s Chief Executive Officer and Chief Financial Officer, as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. Mr. Jeffrey Busch resigned from the Board of Directors effective May 31, 2025. On June 2, 2025, the Company appointed Jason Lobel and Saundra Pelletier as members of the Board of Directors of the Company. Except as discussed above and as further described in Note 2 to the Financial Statements in this Form 10-K/A, the Company has not modified or updated the disclosures presented in the Original Form 10-K to reflect events that occurred at a later date or facts that subsequently became known to the Company. Accordingly, forward-looking statements included in this Amendment No. 1 may represent management’s view as of the Original Form 10-K and should not be assumed to be accurate as of any date thereafter. Accordingly, this Form 10-K/A should be read in conjunction with the Company’s filings with the SEC subsequent to the date on which it filed the Original Form 10-K with the SEC. The check marks on the cover page of this Form 10-K/A reflect the Company’s filer status as of the date on which it filed the Original Form 10-K. | |||
Document Annual Report | true | |||
Document Transition Report | false | |||
Document Period End Date | Dec. 31, 2024 | |||
Document Fiscal Period Focus | FY | |||
Document Fiscal Year Focus | 2024 | |||
Current Fiscal Year End Date | --12-31 | |||
Entity File Number | 001-38797 | |||
Entity Registrant Name | IMAC Holdings, Inc. | |||
Entity Central Index Key | 0001729944 | |||
Entity Tax Identification Number | 83-0784691 | |||
Entity Incorporation, State or Country Code | DE | |||
Entity Address, Address Line One | 3401 Mallory Lane | |||
Entity Address, Address Line Two | Suite 100 | |||
Entity Address, City or Town | Franklin | |||
Entity Address, State or Province | TN | |||
Entity Address, Postal Zip Code | 37067 | |||
City Area Code | (303) | |||
Local Phone Number | 898-5896 | |||
Title of 12(b) Security | Common Stock, par value $0.001 per share | |||
Trading Symbol | BACK | |||
Security Exchange Name | NASDAQ | |||
Entity Well-known Seasoned Issuer | No | |||
Entity Voluntary Filers | No | |||
Entity Current Reporting Status | Yes | |||
Entity Interactive Data Current | Yes | |||
Entity Filer Category | Non-accelerated Filer | |||
Entity Small Business | true | |||
Entity Emerging Growth Company | false | |||
Entity Shell Company | false | |||
Entity Public Float | $ 3.1 | |||
Entity Common Stock, Shares Outstanding | 3,784,966 | |||
Documents Incorporated by Reference [Text Block] | None | |||
ICFR Auditor Attestation Flag | false | |||
Document Financial Statement Error Correction [Flag] | false | |||
Entity Listing, Par Value Per Share | $ 0.001 | |||
Auditor Firm ID | 688 | 106 | ||
Auditor Name | Marcum LLP | SALBERG & COMPANY, P.A | ||
Auditor Location | New York, NY | Boca Raton, Florida |