LIFEMD, INC.: 10-Q filed 2022-08-11

Name: LIFEMD, INC.: 10-Q filed 2022-08-11
Creator: LIFEMD, INC.

What LIFEMD, INC. reported in its quarterly report filed 2022-08-11 (fiscal Q2 2022): 44 published measures, 117 facts as tagged in accession 0001493152-22-022112.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-11
Fiscal period: fiscal Q2 2022
Accession: 0001493152-22-022112 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All LIFEMD, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-06-30	37,969,481	USD
At 2021-12-31	49,923,243	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-06-30	31,155,089	USD
At 2021-12-31	24,104,133	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2022-06-30	3,510,958	USD
At 2021-12-31	22,740,033	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-06-30	11,717,302	USD
At 2021-12-31	41,328,039	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-13,018,962	USD	91
2022-01-01 to 2022-06-30	-26,318,637	USD	181
2021-04-01 to 2021-06-30	-16,830,700	USD	91
2021-01-01 to 2021-06-30	-28,433,083	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-18,190,108	USD	181
2021-01-01 to 2021-06-30	-19,840,409	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	357,331	USD	181
2021-01-01 to 2021-06-30	18,116	USD	181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	30,458,498	USD	91
2022-01-01 to 2022-06-30	59,501,335	USD	181
2021-04-01 to 2021-06-30	22,313,611	USD	91
2021-01-01 to 2021-06-30	40,511,723	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-1,527,475	USD	181
2021-01-01 to 2021-06-30	29,046,034	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-9,893,154	USD	181
2021-01-01 to 2021-06-30	-970,463	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-06-30	-169,792,847	USD
At 2021-12-31	-141,921,085	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	30,804,465	shares	91
2022-01-01 to 2022-06-30	30,777,377	shares	181
2021-04-01 to 2021-06-30	26,289,678	shares	91
2021-01-01 to 2021-06-30	25,381,530	shares	181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	30,804,465	shares	91
2022-01-01 to 2022-06-30	30,777,377	shares	181
2021-04-01 to 2021-06-30	26,289,678	shares	91
2021-01-01 to 2021-06-30	25,381,530	shares	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-06-30	555,777	USD
At 2021-12-31	233,805	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	8,513,787	USD	181
2021-01-01 to 2021-06-30	4,873,075	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-15,639,125	USD	91
2022-01-01 to 2022-06-30	-28,746,140	USD	181
2021-04-01 to 2021-06-30	-16,126,763	USD	91
2021-01-01 to 2021-06-30	-28,045,100	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2022-06-30	18,510,217	USD
At 2021-12-31	44,921,440	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	132,236	USD	91
2022-01-01 to 2022-06-30	300,170	USD	181
2021-04-01 to 2021-06-30	901,910	USD	91
2021-01-01 to 2021-06-30	1,041,373	USD	181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2022-06-30	25,869,031	USD
At 2021-12-31	22,825,589	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2022-06-30	11,938,937	USD
At 2021-12-31	9,059,214	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2022-06-30	6,719,736	USD
At 2022-03-31	9,500,000	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2022-06-30	10,898,710	USD
At 2021-12-31	19,761	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2022-06-30	2,513,627	USD
At 2021-12-31	980,055	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	41,462,312	USD	91
2022-01-01 to 2022-06-30	78,363,989	USD	181
2021-04-01 to 2021-06-30	34,320,154	USD	91
2021-01-01 to 2021-06-30	61,225,546	USD	181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2022-06-30	2,965,242	USD
At 2021-12-31	1,616,600	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	25,823,187	USD	91
2022-01-01 to 2022-06-30	49,617,849	USD	181
2021-04-01 to 2021-06-30	18,193,391	USD	91
2021-01-01 to 2021-06-30	33,180,446	USD	181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	4,635,311	USD	91
2022-01-01 to 2022-06-30	9,883,486	USD	181
2021-04-01 to 2021-06-30	4,120,220	USD	91
2021-01-01 to 2021-06-30	7,331,277	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-06-30	30,886,829	shares
At 2021-12-31	30,601,394	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-06-30	173,157,467	USD
At 2021-12-31	164,517,634	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2022-06-30	2,477,940	USD
At 2022-03-31	12,132,057	USD
At 2021-12-31	21,708,288	USD
At 2021-06-30	-8,033,341	USD
At 2021-03-31	-841,427	USD
At 2020-12-31	-4,477,586	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2022-06-30	1,462,086	USD
At 2021-12-31	1,752,448	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2022-06-30	1,575,583	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2022-06-30	11,233,309	USD
At 2021-12-31	11,595,605	USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

Period	Value	Unit	Days
At 2022-06-30	2,000,000	USD
At 2021-12-31	1,500,000	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-12,972,961	USD	91
2022-01-01 to 2022-06-30	-26,247,910	USD	181
2022-01-01 to 2022-03-31	-13,274,949	USD	90
2021-04-01 to 2021-06-30	-17,028,673	USD	91
2021-01-01 to 2021-06-30	-28,901,559	USD	181
2021-01-01 to 2021-03-31	-11,872,886	USD	90

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-13,795,524	USD	91
2022-01-01 to 2022-06-30	-27,871,762	USD	181
2021-04-01 to 2021-06-30	-16,830,700	USD	91
2021-01-01 to 2021-06-30	-28,433,083	USD	181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	13,250,669	USD	91
2022-01-01 to 2022-06-30	25,553,147	USD	181
2021-04-01 to 2021-06-30	10,523,071	USD	91
2021-01-01 to 2021-06-30	17,498,642	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	73,247	USD	181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	226,893	USD	91
2022-01-01 to 2022-06-30	341,287	USD	181
2021-04-01 to 2021-06-30	255,937	USD	91
2021-01-01 to 2021-06-30	339,840	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	143,183	USD	181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	323,580	USD	181
2021-01-01 to 2021-06-30	179,870	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	1,533,572	USD	181
2021-01-01 to 2021-06-30	1,084,174	USD	181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	1,341,474	USD	181
2021-01-01 to 2021-06-30	349,859	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	2,853,811	USD	181
2021-01-01 to 2021-06-30	1,256,110	USD	181

Inspect the source

Entity: LIFEMD, INC. / CIK 0000948320
Captured: 2026-09-20T05:10:44.536Z
SEC response SHA-256: 78c33133d98137bc77be369f3fdf06a230aa44209734e0bf6c96639c34395268

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
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with urlopen("https://canlicapital.com/company-data/0000948320.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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