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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Total revenues, net $ 152,547,006 $ 119,033,520
Cost of revenues    
Total cost of revenues 18,900,464 18,668,028
Gross profit 133,646,542 100,365,492
Expenses    
Selling and marketing expenses 76,451,466 78,369,430
General and administrative expenses 51,694,232 46,960,782
Other operating expenses 6,297,321 6,717,795
Customer service expenses 7,632,283 5,033,468
Development costs 6,060,513 2,970,202
Goodwill and intangible asset impairment charges 8,862,596
Change in fair value of contingent consideration (5,101,000)
Total expenses 148,135,815 143,813,273
Operating loss (14,489,273) (43,447,781)
Interest expense, net (2,596,586) (1,275,946)
(Loss) gain on debt extinguishment (325,198) 63,400
Loss from operations before income taxes (17,411,057) (44,660,327)
Income tax provision (428,000) (360,700)
Net loss (17,839,057) (45,021,027)
Net income attributable to non-controlling interest 2,756,935 514,632
Net loss attributable to LifeMD, Inc. (20,595,992) (45,535,659)
Preferred stock dividends (3,106,250) (3,106,250)
Net loss attributable to LifeMD, Inc. common stockholders $ (23,702,242) $ (48,641,909)
Basic loss per share attributable to LifeMD, Inc. common stockholders $ (0.70) $ (1.57)
Diluted loss per share attributable to LifeMD, Inc. common stockholders $ (0.70) $ (1.57)
Weighted average number of common shares outstanding:    
Basic 33,905,155 30,976,455
Diluted 33,905,155 30,976,455
Telehealth Revenue [Member]    
Revenues    
Total revenues, net $ 98,152,919 $ 82,649,845
Cost of revenues    
Total cost of revenues 17,480,533 17,843,754
WorkSimpli Revenue [Member]    
Revenues    
Total revenues, net 54,394,087 36,383,675
Cost of revenues    
Total cost of revenues $ 1,419,931 $ 824,274