For the quarter ending 2025-09-30, LFMD has $65,983,378 in assets. $62,615,226 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 23,785,771 | 36,228,305 | ||
| Accounts receivable | 9,244,321 | 7,330,129 | ||
| Product deposit | 370,518 | 251,000 | ||
| Inventory | 3,432,382 | 3,251,355 | ||
| Other current assets | 4,252,613 | 1,964,974 | ||
| Total current assets | 41,085,605 | 49,025,763 | ||
| Equipment, net | 2,584,829 | 2,050,318 | ||
| Right of use assets, net | 5,578,992 | 5,822,907 | ||
| Capitalized computer software, net | 15,175,634 | 14,837,946 | ||
| Intangible assets, net | 1,558,318 | 1,827,768 | ||
| Total non-current assets | 24,897,773 | 24,538,939 | ||
| Total assets | 65,983,378 | 73,564,702 | ||
| Current portion of long-term debt | - | 11,960,784 | ||
| Accounts payable | 19,554,735 | 24,292,870 | ||
| Accrued expenses | 22,079,805 | 14,946,499 | ||
| Current operating lease liabilities | 673,482 | 541,981 | ||
| Deferred revenue | 14,355,531 | 11,790,024 | ||
| Total current liabilities | 56,663,553 | 63,532,158 | ||
| Noncurrent operating lease liabilities | 5,851,673 | 6,032,847 | ||
| Long-term debt, net | - | 3,517,317 | ||
| Contingent consideration | 100,000 | 100,000 | ||
| Total liabilities | 62,615,226 | 73,182,322 | ||
| Series a preferred stock, 0.0001 par value 1,610,000 shares authorized, 1,400,000 shares issued and outstanding, liquidation value approximately, 35.8 million as of september 30, 2025 and december 31, 2024 | 140 | 140 | ||
| Common stock, 0.01 par value 100,000,000 shares authorized, 46,686,350 and 42,293,907 shares issued, 46,583,310 and 42,190,867 outstanding as of september 30, 2025 and december 31, 2024, respectively | 466,864 | 451,412 | ||
| Additional paid-in capital | 248,801,209 | 236,426,008 | ||
| Accumulated deficit | -247,790,178 | -238,496,413 | ||
| Treasury stock, 103,040, at cost, as of september 30, 2025 and december 31, 2024 | 163,701 | 163,701 | ||
| Total lifemd, inc. stockholders equity (deficit) | 1,314,334 | -1,782,554 | ||
| Non-controlling interest | 2,053,818 | 2,164,934 | ||
| Total stockholders equity (deficit) | 3,368,152 | 382,380 | ||
| Total liabilities and stockholders equity (deficit) | 65,983,378 | 73,564,702 | ||
LifeMD, Inc. (LFMD)
LifeMD, Inc. (LFMD)