← LifeMD, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Less: Net income from discontinued operations — — — — — — — — $2.3m $25.9m
Net Income From Continuing Operations — — — — — — ($45.0m) ($17.8m) ($23.2m) ($10.2m)
Net Income (Loss) Attributable to Parent ($1.1m) ($1.2m) ($1.2m) ($3.1m) ($58.6m) ($60.9m) ($45.5m) ($20.6m) ($18.9m) $14.4m
Net Income (Loss) Available to Common Stockholders, Basic — — — — ($63.4m) ($61.8m) ($48.6m) ($23.7m) ($22.0m) $11.2m
Net loss from continuing operations — — — — — — — — ($23.2m) ($10.2m)
Cash of continuing operations at end of year — — — — — — — — $32.7m $36.8m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($1.2m) ($1.2m) ($1.4m) ($3.5m) ($60.5m) ($61.3m) ($45.0m) ($17.8m) ($18.7m) $15.6m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — ($10.2m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — — $10.2m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $926k — — — — — — $25.9m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — — $24.6m
Net Income (Loss) Attributable to Noncontrolling Interest ($116k) ($12k) ($119k) ($391k) ($1.9m) ($426k) $515k $2.8m $153k $1.3m
Depreciation — — — — — $14k $162k $204k $488k $866k
Amortization of Intangible Assets — — $196k $336k $336k $342k $927k $971k $982k $94k
Capitalized Computer Software, Amortization — — — — $62k $513k $2.7m $5.4m $8.0m $6.3m
Amortization of capitalized software — — — — $62k $513k $2.7m $5.4m $8.0m $6.3m
Amortization of Intangibles — — $196k $336k $336k $342k $927k $971k $982k $94k
Depreciation Expense — — — — — $14k $162k $204k $488k $866k
Amortization Cash Flow — — — — — — $3.6m $6.4m $5.7m $6.4m
Depreciation Amortization Depletion — — — — — — $3.8m $6.6m $6.2m $7.3m
Deferred Income Tax Expense (Benefit) — — — — ($70k) — $354k — — —
Deferred Income Tax — — — — — $0 $354k $0 — —
Deferred Tax — — — — — $0 $354k $0 — —
Share-based Payment Arrangement, Noncash Expense $588k $163k $274k $733k $18.7m $12.1m $13.7m $12.5m $12.2m $10.5m
Share-based Payment Arrangement, Expense $383k — — $172k $37.0m — — — — —
Goodwill and Intangible Asset Impairment — — — — — — $8.9m — — —
Goodwill, Impairment Loss — — — — — — $8.0m — — —
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — $827k — — —
Stock compensation expense — $163k $274k $733k $18.7m $12.1m $13.7m $12.5m $12.2m $10.5m
Asset Impairment Charge — — — — — — $9.0m $538k $676k $0
Gain (Loss) on Disposition of Assets — — $595k — — — — — — —
Gain (Loss) on Extinguishment of Debt — ($553k) — — ($915k) ($4.0m) — ($325k) — ($1.2m)
Income Tax Expense (Benefit) — — ($125k) ($122k) $122k $8k $361k $428k $402k $46k
Operating Lease, Expense — — — — — $48k $871k $861k $1.2m $1.5m
Other Nonoperating Income (Expense) ($49k) ($148k) — — — — — — — —
Interest Expense — $5k $4k $81k $1.7m $435k $189k $2.1m $2.5m $1.5m
Loss on debt extinguishment — $553k — — $915k $4.0m ($63k) $325k — $1.2m
Income Tax Expense — — — — ($70k) — $354k — $214k $587k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $361k ($95k) ($29k) ($2k) $551k ($18k) $2.2m $2.4m $2.9m ($1.2m)
Increase (Decrease) in Inventories $99k $547k $341k ($73k) $314k $410k $2.2m ($406k) $713k ($24k)
Increase (Decrease) in Accounts Payable — — — — — — $1.3m $978k $4.9m $3.2m
Proceeds from Stock Options Exercised $30k — — — $302k $671k $90k $94k $120k $6k
Accretion Expense, Including Asset Retirement Obligations — — — — — — $274k $167k $14k —
Gain (Loss) Related to Litigation Settlement — — — — — — — — — $1.1m
General and Administrative Expense $1.0m $851k $1.1m $2.4m $42.2m $39.6m $47.0m $51.7m $72.7m $57.9m
Goodwill — — — — — — $0 — — —
Inventory Write-down — — — — — $57k $103k $538k $676k —
Nonoperating Income (Expense) ($1.2m) ($1.2m) — — ($2.6m) — $274k $167k $14k —
Operating Expenses $4.5m $4.6m $8.4m $12.1m $86.2m $129.2m $143.8m $148.1m $204.5m $174.0m
Revenue from Contract with Customer, Including Assessed Tax — — $43k $12.5m — — — — — —
Profit or Loss — ($1.2m) ($1.4m) ($3.5m) ($60.5m) ($61.3m) ($45.0m) ($17.8m) ($18.7m) $15.6m
Restructuring Expense — — — — — $57k $103k $538k $676k —
Accounts receivable — $95k $29k $2k ($551k) $18k ($2.2m) ($2.4m) ($2.9m) $1.2m
Product deposit — ($16k) ($17k) ($117k) ($667k) $613k $76k ($359k) $445k ($279k)
Inventory — ($547k) ($341k) $73k ($314k) ($410k) ($2.2m) $406k ($713k) $24k
Other current assets — — ($270k) ($173k) $96k ($638k) $106k ($247k) ($1.7m) $357k
Deferred revenue — — $46k $34k $807k $583k $4.0m $3.3m $5.7m ($6.3m)
Accounts payable — — — — — ($894k) $1.3m $978k $4.9m $3.2m
Accrued expenses — — — — — $9.9m ($1.3m) $4.7m $7.5m ($5.8m)
Cash paid for capitalized software costs — — — — ($398k) ($3.1m) ($8.5m) ($8.4m) ($10.0m) ($7.6m)
Sale of common stock under ATM, net — $673k — $350k $2.3m $493k — $6.2m — $8.7m
Repayment of notes payable, net of prepayment penalty — ($663k) ($233k) ($295k) ($2.5m) ($1.5m) ($169k) ($5.1m) ($328k) —
Cash at beginning of year — — $180k $1.1m $9.2m $41.3m $4.0m $33.1m $35.0m $36.8m
Cashless exercise of options — — — — — $9k $297 $744 $5k $1k
Cashless exercise of warrants — — — — $50k — — $793 $16k $4k
Stock issued for noncontingent consideration payments — — — $900k — — — $2.6m $642k —
Beginning Cash Position — — — — — — $41.3m $4.0m $33.1m $35.0m
Cash Flow From Continuing Financing Activities — — — — — — ($528k) $29.1m ($3.3m) ($12.6m)
Cash Flow From Continuing Investing Activities — — — — — — ($13.9m) ($8.7m) ($8.2m) ($9.5m)
Cash From Discontinued Financing Activities — — — — — — — — ($805k) ($774k)
Cash From Discontinued Investing Activities — — — — — — — — ($3.3m) $16.4m
Change In Account Payable — — — — — — $1.3m $978k $4.2m $3.2m
Change In Accrued Expense — — — — — — ($1.3m) $4.7m $10.8m ($5.8m)
Change In Inventory — — — — — — ($2.2m) $406k ($713k) $24k
Change In Other Current Assets — — — — — — $106k ($247k) ($2.3m) $357k
Change In Other Current Liabilities — — — — — — ($456k) ($808k) ($381k) ($275k)
Change In Other Working Capital — — — — — — $3.2m $2.7m $9.8m ($6.3m)
Change In Payable — — — — — — $1.3m $978k $4.2m $3.2m
Change In Payables And Accrued Expense — — — — — — ($59k) $5.7m $14.9m ($2.5m)
Change In Prepaid Assets — — — — — — $76k ($359k) $445k ($279k)
Change In Receivables — — — — — — ($2.2m) ($2.4m) ($4.5m) $1.2m
Change In Working Capital — — — — — — ($1.5m) $4.9m $17.4m ($7.9m)
Changes In Account Receivables — — — — — — ($2.2m) ($2.4m) ($4.5m) $1.2m
Changes In Cash — — — — — — ($37.4m) $29.2m $1.9m $1.8m
End Cash Position — — — — — — $4.0m $33.1m $35.0m $36.8m
Financing Cash Flow — — — — — — ($528k) $29.1m ($4.1m) ($13.4m)
Free Cash Flow — — — — — — ($35.8m) $87k $9.3m ($1.2m)
Investing Cash Flow — — — — — — ($13.9m) ($8.7m) ($11.5m) $6.9m
Issuance Of Capital Stock — — — — — — $0 $16.2m $0 $8.7m
Net Business Purchase And Sale — — — — — $0 ($1.0m) $0 — —
Net Intangibles Purchase And Sale — — — — — ($22k) ($4.0m) ($149k) ($4k) —
Net PPE Purchase And Sale — — — — — — ($367k) ($204k) ($1.5m) ($1.9m)
Net Preferred Stock Issuance — — — — — $55.3m $0 — — —
Operating Gains Losses — — — — — $4.0m ($63k) $325k — $1.2m
Other Non Cash Items — — — — — — ($3.5m) $1.8m $1.1m $1.2m
Preferred Stock Issuance — — — — — $55.3m $0 — — —
Proceeds From Stock Option Exercised — — — — — — $129k $94k $120k $471k
Provisionand Write Offof Assets — — — — — $0 $338k $0 — —
Purchase Of Business — — — — — $0 ($1.0m) $0 — —
Purchase Of Intangibles — — — — — ($22k) ($4.0m) ($149k) ($4k) —
Purchase Of PPE — — — — — $247k ($367k) ($204k) ($1.5m) ($1.9m)
Stock Based Compensation — — — — — — $13.7m $12.5m $12.2m $10.5m
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — — — — — — — $21.3m
Total proceeds — — $4k — $302k $671k $90k $94k $120k $6k
Net Cash Provided by (Used in) Operating Activities ($408k) ($817k) ($906k) $251k ($12.1m) ($33.1m) ($22.9m) $8.8m $17.5m $8.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — — $247k $367k $204k $1.5m $1.9m
Capital Expenditure Reported — — — — — — ($8.5m) ($8.4m) ($6.7m) ($7.6m)
Payments to Acquire Businesses, Net of Cash Acquired — — $149k — — — $1.0m — — —
Net cash used in investing activities of continuing operations — — — — — — — — ($8.2m) ($9.5m)
Net Cash from Investing Activities — — — — $219k — — — ($3.3m) $16.4m
Net Cash Provided by (Used in) Investing Activities — — $141k ($100k) ($798k) ($3.4m) ($13.9m) ($8.7m) ($11.5m) $6.9m
Cash flows from financing activities:
Stock issued for debt conversion — — — — — — — $1.0m — $1.0m
Issuance Of Debt — — — — — $16.0m $2.9m $21.8m $0 —
Long Term Debt Issuance — — — — — $15.0m $0 $19.5m $0 —
Net Issuance Payments Of Debt — — — — — — $2.7m $16.7m ($328k) ($18.7m)
Net Long Term Debt Issuance — — — — — — $0 $19.5m ($328k) ($18.7m)
Net Short Term Debt Issuance — — — — — ($531k) $2.7m ($2.8m) ($328k) —
Short Term Debt Issuance — — — — — $964k $2.9m $2.3m $0 —
Repayment of debt instruments — — — ($284k) — ($15.0m) — — — ($18.7m)
Long Term Debt Payments — — — — — ($15.0m) $0 — ($328k) ($18.7m)
Repayment Of Debt — — — — — — ($169k) ($5.1m) ($328k) ($18.7m)
Short Term Debt Payments — — — — — ($1.5m) ($169k) ($5.1m) ($328k) —
Proceeds from Issuance of Common Stock ($87k) ($77k) — $350k $2.3m — — $10.0m — $8.7m
Common Stock Issuance — — — — — — $0 $16.2m $0 $8.7m
Net Common Stock Issuance — — — — — — $0 $16.2m $0 $8.7m
Payments for Repurchase of Common Stock — — — — — — — — — $270k
Proceeds from (Payments to) Noncontrolling Interests $220k $63k $156k — — — — — — —
Dividends paid — — — — — $1 $3 $3 $3 $3
Dividends Payable — — — — — $1 $1 $1 $1 $1
Preferred stock dividends — — — — — ($1) ($3) ($3) ($3) ($3)
Cash Dividends Paid — — — — — — ($3.1m) ($3.1m) ($3.1m) ($3.1m)
Preferred Stock Dividend Paid — — — — — — ($3.1m) ($3.1m) ($3.1m) ($3.1m)
Net Other Financing Charges — — — — — ($444k) ($288k) ($762k) ($805k) —
Net Cash from Financing Activities — $63k $156k — $285k $1.8m $94k $155k $6.4m ($774k)
Net cash used in financing activities of continuing operations — — — — — — — — ($3.3m) ($12.6m)
Net Cash Provided by (Used in) Financing Activities $357k $776k $803k $775k $21.0m $68.6m ($528k) $29.1m ($4.1m) ($13.4m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $8.1m $32.1m ($37.4m) $29.2m $1.9m $1.8m
Net increase in cash — ($41k) $39k $927k $8.1m $32.1m ($37.4m) $29.2m $1.9m $1.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — — — — $36.8m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($37.4m) $29.2m $1.9m $1.8m
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $4k $81k $1.7m $435k $189k $2.1m $2.5m $1.5m
Income Taxes Paid, Net — — — — — — — — $214k $587k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.