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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net Revenue $ 21,671,599 $ 16,024,948 $ 60,367,060 $ 47,300,029
Cost of goods sold 1,991,987 1,751,349 5,890,719 6,064,524
Gross profit 19,679,612 14,273,599 54,476,341 41,235,505
Operating expenses        
Selling, general and administrative expenses 18,993,255 13,877,879 54,143,122 40,658,424
Research and development 1,359,530 986,454 3,291,479 3,480,906
Depreciation and amortization 1,103,854 997,674 3,314,781 2,580,243
Change in fair value of earnout liabilities 147,000 (681,753) 67,549 (1,494,910)
Total operating expenses 21,603,639 15,180,254 60,816,931 45,224,663
Operating loss (1,924,027) (906,655) (6,340,590) (3,989,158)
Other expense        
Interest expense (927,577) (188,294) (1,839,259) (188,300)
Share of losses from equity method investment (31,448) (31,448)
Total other expense (959,025) (188,294) (1,870,707) (188,300)
Net loss (2,883,052) (1,094,949) (8,211,297) (4,177,458)
Less: Net loss attributable to noncontrolling interest (25,284) (34,579) (85,331) (111,455)
Net loss attributable to Sanara MedTech shareholders $ (2,857,768) $ (1,060,370) $ (8,125,966) $ (4,066,003)
Net loss per share of common stock, basic $ (0.34) $ (0.13) $ (0.96) $ (0.49)
Net loss per share of common stock, diluted $ (0.34) $ (0.13) $ (0.96) $ (0.49)
Weighted average number of common shares outstanding, basic 8,517,381 8,332,341 8,468,394 8,244,503
Weighted average number of common shares outstanding, diluted 8,517,381 8,332,341 8,468,394 8,244,503