LifeMD, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $36.8M | $35.0M | $33.1M | $4.0M | $41.3M | $9.2M | $1.1M | $180.1K |
| Accounts Receivable | $9.3M | $10.5M | $5.3M | $2.8M | $980.1K | $997.8K | $97.4K | $99.1K |
| Inventory | $2.8M | $2.8M | $2.8M | $3.7M | $1.6M | $1.3M | $950.1K | $1.0M |
| Total Current Assets | $51.8M | $52.4M | $42.6M | $11.3M | $44.9M | $12.4M | $2.7M | $1.6M |
| Property, Plant & Equipment | $2.4M | $1.4M | $476.3K | $476.4K | $233.8K | — | — | — |
| Goodwill | — | — | — | $8.0M | $0 | — | — | — |
| Intangible Assets (Excl. Goodwill) | $262.3K | $53.3K | $3.0M | $3.8M | $19.8K | $339.8K | $675.5K | $1.0M |
| Total Assets | $70.4M | $76.1M | $58.5M | $25.7M | $49.9M | $13.4M | $3.4M | $2.6M |
| Liabilities | ||||||||
| Accounts Payable | $14.1M | $10.9M | $11.1M | $10.1M | $9.1M | $10.4M | $3.1M | $869.0K |
| Total Current Liabilities | $41.6M | $67.4M | $34.8M | $31.4M | $22.8M | $13.9M | $4.0M | $1.2M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $47.3M | $83.7M | $52.9M | $33.0M | $24.1M | $14.2M | $4.6M | $1.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-228.6M | $-239.9M | $-214.3M | $-190.6M | $-141.9M | $-80.2M | $-16.6M | $-12.1M |
| Total Stockholders' Equity | $23.2M | $-9.1M | $3.5M | $-11.4M | $22.7M | $-2.3M | $-988.2K | $897.7K |