v3.26.3
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Telehealth revenue, net $ 44,625,086 $ 47,727,942 $ 142,048,848 $ 146,861,697
Cost of telehealth revenue 8,249,469 7,061,651 19,605,877 21,627,901
Gross profit 36,375,617 40,666,291 122,442,971 125,233,796
Expenses        
Selling and marketing expenses 18,500,609 22,563,994 76,411,416 66,988,030
General and administrative expenses 14,654,524 13,800,377 43,468,661 42,995,255
Other operating expenses 3,453,051 2,800,013 9,673,184 8,072,564
Customer service expenses 2,351,426 2,784,320 8,103,717 9,086,549
Development costs 1,882,508 1,844,269 5,470,005 5,526,379
Total expenses 40,842,118 43,792,973 143,126,983 132,668,777
Operating loss from continuing operations (4,466,501) (3,126,682) (20,684,012) (7,434,981)
Interest (expense) income, net (3,212) (260,621) 98,924 (1,385,046)
Loss on debt extinguishment (1,155,851) (1,155,851)
Loss from continuing operations before income taxes (4,469,713) (4,543,154) (20,585,088) (9,975,878)
Income tax provision (31,823) (31,823)
Net loss from continuing operations (4,469,713) (4,574,977) (20,585,088) (10,007,701)
Net income from discontinued operations 935,013 4,821,519
Net loss (4,469,713) (3,639,964) (20,585,088) (5,186,182)
Net income attributable to non-controlling interest of discontinued operations 249,462 1,286,382
Net loss attributable to LifeMD, Inc. (4,469,713) (3,889,426) (20,585,088) (6,472,564)
Preferred stock dividends (776,563) (776,563) (2,329,688) (2,329,688)
Net loss attributable to LifeMD, Inc. common stockholders $ (5,246,276) $ (4,665,989) $ (22,914,776) $ (8,802,252)
Basic (loss) earnings per share attributable to LifeMD, Inc. common stockholders:        
Continuing operations $ (0.11) $ (0.12) $ (0.48) $ (0.28)
Discontinued operations 0.01 0.08
Basic loss per share (0.11) (0.10) (0.48) (0.20)
Diluted (loss) earnings per share attributable to LifeMD, Inc. common stockholders:        
Continuing operations (0.11) (0.12) (0.48) (0.28)
Discontinued operations 0.01 0.08
Diluted loss per share $ (0.11) $ (0.10) $ (0.48) $ (0.20)
Weighted average number of common shares outstanding:        
Basic 48,182,152 46,162,625 47,772,180 44,575,553
Diluted 48,182,152 46,162,625 47,772,180 44,575,553