BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEDULE OF DISAGGREGATED REVENUE |
For
the three and six months ended June 30, 2026 and 2025, the Company had the following disaggregated revenue:
SCHEDULE OF DISAGGREGATED REVENUE
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
% | | |
2025 | | |
% | | |
2026 | | |
% | | |
2025 | | |
% | |
| Telehealth subscription revenue | |
$ | 29,278,343 | | |
| 62 | % | |
$ | 29,024,476 | | |
| 59 | % | |
$ | 59,686,170 | | |
| 61 | % | |
$ | 59,152,013 | | |
| 59 | % |
| Telehealth product revenue | |
| 18,002,742 | | |
| 38 | % | |
| 19,994,406 | | |
| 41 | % | |
| 37,757,871 | | |
| 39 | % | |
| 40,754,768 | | |
| 41 | % |
| Total revenues, net | |
$ | 47,281,085 | | |
| 100 | % | |
$ | 49,018,882 | | |
| 100 | % | |
$ | 97,444,041 | | |
| 100 | % | |
$ | 99,906,781 | | |
| 100 | % |
|
| SCHEDULE OF CONTRACT WITH CUSTOMER LIABILITY |
The
following table summarizes deferred revenue activities for the periods presented:
SCHEDULE OF CONTRACT WITH CUSTOMER LIABILITY
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Beginning of period | |
$ | 12,016,840 | | |
$ | 17,295,190 | | |
$ | 10,807,773 | | |
$ | 17,097,854 | |
| Additions | |
| 44,759,612 | | |
| 45,218,267 | | |
| 95,440,199 | | |
| 95,476,691 | |
| Revenue recognized | |
| (45,985,231 | ) | |
| (48,001,764 | ) | |
| (95,456,751 | ) | |
| (98,062,852 | ) |
| End of period | |
$ | 10,791,221 | | |
$ | 14,511,693 | | |
$ | 10,791,221 | | |
$ | 14,511,693 | |
|
| SUMMARY OF INVENTORY |
As
of June 30, 2026 and December 31, 2025, the Company’s inventory consisted of the following:
SUMMARY OF INVENTORY
| | |
June
30, | | |
December
31, | |
| | |
2026 | | |
2025 | |
| Finished goods | |
$ | 2,134,887 | | |
$ | 2,071,988 | |
| Raw materials and packaging components | |
| 974,649 | | |
| 854,980 | |
| Inventory reserve | |
| (153,392 | ) | |
| (153,392 | ) |
| Total inventory, net | |
$ | 2,956,144 | | |
$ | 2,773,576 | |
|
| SUMMARY OF DEPRECIABLE ASSETS |
As
of June 30, 2026 and December 31, 2025, the Company has the following amounts related to depreciable assets:
SUMMARY OF DEPRECIABLE ASSETS
| | |
June
30, | | |
December
31, | |
| | |
2026 | | |
2025 | |
| Furniture, fixtures and office
equipment | |
$ | 3,334,488 | | |
$ | 3,272,857 | |
| Computers | |
| 991,058 | | |
| 879,686 | |
| Total equipment, at cost | |
| 4,325,546 | | |
| 4,152,543 | |
| Accumulated depreciation | |
| (2,290,071 | ) | |
| (1,707,826 | ) |
| Total equipment, net | |
$ | 2,035,475 | | |
$ | 2,444,717 | |
|