LIFEMD, INC.: 10-Q filed 2023-08-09
What LIFEMD, INC. reported in its quarterly report filed 2023-08-09 (fiscal Q2 2023): 43 published measures, 115 facts as tagged in accession 0001493152-23-027367.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2023-08-09
- Fiscal period
- fiscal Q2 2023
- Accession
- 0001493152-23-027367 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 2023-06-30 | 35,446,389 | USD | |
| At 2022-12-31 | 25,665,853 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2023-06-30 | 45,651,398 | USD | |
| At 2022-12-31 | 32,971,356 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2023-06-30 | -16,021,557 | USD | |
| At 2022-12-31 | -11,395,777 | 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 2023-06-30 | 11,906,741 | USD | |
| At 2022-12-31 | 3,958,957 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | -6,733,000 | USD | 91 |
| 2023-01-01 to 2023-06-30 | -10,741,456 | USD | 181 |
| 2022-04-01 to 2022-06-30 | -13,018,962 | USD | 91 |
| 2022-01-01 to 2022-06-30 | -26,318,637 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 2,030,386 | USD | 181 |
| 2022-01-01 to 2022-06-30 | -18,190,108 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 64,219 | USD | 181 |
| 2022-01-01 to 2022-06-30 | 357,331 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 35,946,913 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 69,073,248 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 30,458,498 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 59,501,335 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 10,030,337 | USD | 181 |
| 2022-01-01 to 2022-06-30 | -1,527,475 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | -4,112,939 | USD | 181 |
| 2022-01-01 to 2022-06-30 | -9,893,154 | 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 2023-06-30 | -202,857,575 | USD | |
| At 2022-12-31 | -190,562,994 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 32,560,035 | shares | 91 |
| 2023-01-01 to 2023-06-30 | 32,189,954 | shares | 181 |
| 2022-04-01 to 2022-06-30 | 30,804,465 | shares | 91 |
| 2022-01-01 to 2022-06-30 | 30,777,377 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 32,560,035 | shares | 91 |
| 2023-01-01 to 2023-06-30 | 32,189,954 | shares | 181 |
| 2022-04-01 to 2022-06-30 | 30,804,465 | shares | 91 |
| 2022-01-01 to 2022-06-30 | 30,777,377 | 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 2023-06-30 | 444,226 | USD | |
| At 2022-12-31 | 476,441 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 5,525,483 | USD | 181 |
| 2022-01-01 to 2022-06-30 | 8,513,787 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | -4,895,546 | USD | 91 |
| 2023-01-01 to 2023-06-30 | -7,748,356 | USD | 181 |
| 2022-04-01 to 2022-06-30 | -12,904,125 | USD | 91 |
| 2022-01-01 to 2022-06-30 | -26,011,140 | 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 2023-06-30 | 20,180,896 | USD | |
| At 2022-12-31 | 11,311,357 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 995,670 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 1,260,135 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 132,236 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 300,170 | 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 2023-06-30 | 31,517,806 | USD | |
| At 2022-12-31 | 31,374,151 | 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 2023-06-30 | 9,593,379 | USD | |
| At 2022-12-31 | 10,106,793 | 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 2023-06-30 | 8,000,000 | 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 2023-06-30 | 3,501,199 | USD | |
| At 2022-12-31 | 3,831,859 | 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 2023-06-30 | 3,668,543 | USD | |
| At 2022-12-31 | 2,834,750 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 36,294,029 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 68,058,205 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 38,727,312 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 75,628,989 | 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 2023-06-30 | 3,698,302 | USD | |
| At 2022-12-31 | 3,703,363 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 31,398,483 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 60,309,849 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 25,823,187 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 49,617,849 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 4,548,430 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 8,763,399 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 4,635,311 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 9,883,486 | 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 2023-06-30 | 32,461,795 | shares | |
| At 2022-12-31 | 31,449,735 | 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 2023-06-30 | 186,673,930 | USD | |
| At 2022-12-31 | 179,015,250 | 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 | Days |
|---|---|---|---|
| At 2023-06-30 | -15,237,938 | USD | |
| At 2023-03-31 | -12,039,018 | USD | |
| At 2022-12-31 | -11,871,325 | USD | |
| At 2022-06-30 | 2,477,940 | USD | |
| At 2022-03-31 | 12,132,057 | USD | |
| At 2021-12-31 | 21,708,288 | 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 2023-06-30 | 928,696 | USD | |
| At 2022-12-31 | 1,206,009 | 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 2023-06-30 | 1,035,267 | 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 2023-06-30 | 14,761,756 | USD | |
| At 2022-12-31 | 12,166,509 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | -5,891,216 | USD | 91 |
| 2023-01-01 to 2023-06-30 | -9,333,689 | USD | 181 |
| 2023-01-01 to 2023-03-31 | -3,442,473 | USD | 90 |
| 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 |
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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | -7,509,562 | USD | 91 |
| 2023-01-01 to 2023-06-30 | -12,294,581 | USD | 181 |
| 2022-04-01 to 2022-06-30 | -13,795,524 | USD | 91 |
| 2022-01-01 to 2022-06-30 | -27,871,762 | 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 12,119,573 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 22,722,336 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 13,159,937 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 25,372,680 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 96,434 | USD | 181 |
| 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 |
|---|---|---|---|
| 2023-04-01 to 2023-06-30 | 246,000 | USD | 91 |
| 2023-01-01 to 2023-06-30 | 479,528 | USD | 181 |
| 2022-04-01 to 2022-06-30 | 227,000 | USD | 91 |
| 2022-01-01 to 2022-06-30 | 341,287 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 768,188 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 441,290 | USD | 181 |
| 2022-01-01 to 2022-06-30 | 323,580 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | 833,793 | USD | 181 |
| 2022-01-01 to 2022-06-30 | 1,533,572 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | -5,061 | USD | 181 |
| 2022-01-01 to 2022-06-30 | 1,341,474 | 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 |
|---|---|---|---|
| 2023-01-01 to 2023-06-30 | -513,414 | USD | 181 |
| 2022-01-01 to 2022-06-30 | 2,853,811 | 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
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000948320.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))