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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 9,446,973 $ 9,179,075
Accounts receivable, net 1,497,187 648,421
Product deposit 911,948 816,765
Inventory, net 1,587,094 1,264,258
Other current assets 689,355 154,876
Total Current Assets 14,132,557 12,063,395
Non-current Assets    
Equipment, net 67,240
Right of use asset, net 200,670 274,437
Capitalized software, net 1,929,564 375,983
Intangible assets, net 21,614 339,840
 Total Non-current Assets 2,219,088 990,260
Total Assets 16,351,645 13,053,655
Current Liabilities    
Accounts payable and accrued expenses 18,377,877 11,794,084
Notes payable, net 63,400 779,132
Deferred revenue 1,435,981 916,880
Total Current Liabilities 19,877,258 13,490,096
Long-term Liabilities    
Long-term debt, net 10,819,527
Lease liability 217,238 285,323
Contingent consideration on purchase of WorkSimpli 100,000 100,000
Total Liabilities 31,014,023 13,875,419
Commitments and contingencies (see Note 8)  
Stockholders’ Deficit    
Common stock, $0.01 par value; 100,000,000 shares authorized, 26,862,975 and 23,433,663 shares issued, 26,759,935 and 23,330,623 outstanding as of September 30, 2021 and December 31, 2020, respectively 268,630 234,337
Additional paid-in capital 105,275,494 77,779,370
Accumulated deficit (122,938,363) (80,151,905)
Treasury stock, 103,040 and 103,040 shares, at cost (163,701) (163,701)
Total LifeMD, Inc. Stockholders’ Deficit (17,557,940) (2,301,899)
Non-controlling interest (1,100,575) (2,175,687)
Total Stockholders’ Deficit (18,658,515) (4,477,586)
Total Liabilities, Mezzanine Equity and Stockholders’ Deficit 16,351,645 13,053,655
Series B Preferred Stock [Member]    
Mezzanine Equity    
Preferred Stock, $0.0001 par value; 5,000,000 shares authorized Series B Preferred Stock, $0.0001 par value; 5,000 shares authorized, 3,500 and 3,500 shares issued and outstanding, liquidation value approximately, $1,142 and $1,045 per share as of September 30, 2021 and December 31, 2020, respectively 3,996,137 3,655,822
Series A Preferred Stock [Member]    
Stockholders’ Deficit    
Series A Preferred Stock, $0.0001 par value; 1,610,000 shares authorized, zero shares issued and outstanding as of September 30, 2021 and December 31, 2020