v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Telehealth revenue, net $ 47,281,085 $ 49,018,882 $ 97,444,041 $ 99,906,781
Cost of telehealth revenue 5,284,323 6,838,703 11,209,822 14,975,164
Gross profit 41,996,762 42,180,179 86,234,219 84,931,617
Expenses        
Selling and marketing expenses 28,035,947 22,151,114 57,910,807 44,424,036
General and administrative expenses 13,645,809 14,439,140 28,822,164 28,779,294
Other operating expenses 3,040,187 2,883,015 6,220,133 5,272,551
Customer service expenses 2,612,986 3,230,735 5,752,291 6,302,229
Development costs 1,791,434 1,823,061 3,587,497 3,682,110
Total expenses 49,126,363 44,527,065 102,292,892 88,460,220
Operating loss from continuing operations (7,129,601) (2,346,886) (16,058,673) (3,528,603)
Interest income (expense), net 45,660 (660,787) 102,136 (1,124,425)
Loss from continuing operations before income taxes (7,083,941) (3,007,673) (15,956,537) (4,653,028)
Income tax provision
Net loss from continuing operations (7,083,941) (3,007,673) (15,956,537) (4,653,028)
Net income from discontinued operations 1,893,084 3,886,506
Net loss (7,083,941) (1,114,589) (15,956,537) (766,522)
Net income attributable to non-controlling interest of discontinued operations 505,075 1,036,920
Net loss attributable to LifeMD, Inc. (7,083,941) (1,619,664) (15,956,537) (1,803,442)
Preferred stock dividends (776,562) (776,562) (1,553,125) (1,553,125)
Net loss attributable to LifeMD, Inc. common stockholders $ (7,860,503) $ (2,396,226) $ (17,509,662) $ (3,356,567)
Basic (loss) earnings per share attributable to LifeMD, Inc. common stockholders:        
Continuing operations $ (0.16) $ (0.09) $ (0.37) $ (0.14)
Discontinued operations 0.03 0.07
Basic loss per share (0.16) (0.05) (0.37) (0.08)
Diluted (loss) earnings per share attributable to LifeMD, Inc. common stockholders:        
Continuing operations (0.16) (0.09) (0.37) (0.14)
Discontinued operations 0.03 0.07
Diluted loss per share $ (0.16) $ (0.05) $ (0.37) $ (0.08)
Weighted average number of common shares outstanding:        
Basic 47,788,194 44,401,531 47,563,376 43,772,151
Diluted 47,788,194 44,401,531 47,563,376 43,772,151