XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.2

STOCKHOLDERS’ EQUITY (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF WARRANT AND RESTRICTED STOCK OUTSTANDING AND EXERCISABLE

The following is a summary of outstanding and exercisable warrants activity during the six months ended June 30, 2022:

SCHEDULE OF WARRANT AND RESTRICTED STOCK OUTSTANDING AND EXERCISABLE

		Warrants Outstanding Number of Shares				Exercise Price per Share				Weighted Average Remaining Contractual Life		Weighted Average Exercise Price per Share
Balance at December 31, 2021			3,888,438			$	1.40 – 12.00			4.94 years		$	5.59
Exercised			(22,000	)			1.75			0.46 years			1.75
Cancelled/Forfeited/Expired			(6,800	)			2.00			-			2.00
Balance at June 30, 2022			3,859,638			$	1.40 – 12.00			4.23 years		$	5.61
Exercisable December 31, 2021			2,621,307			$	1.40 – 12.00			6.36 years		$	5.98
Exercisable June 30, 2022			3,747,319			$	1.40 – 12.00			4.26 years		$	5.66

Service-Based Stock Options [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF OPTION ACTIVITY

The following is a summary of outstanding service-based options activity (prior to the establishment of our 2020 Plan above) for the six months ended June 30, 2022:

SCHEDULE OF OPTION ACTIVITY 

		Options Outstanding Number of Shares				Exercise Price per Share				Weighted Average Remaining Contractual Life		Weighted Average Exercise Price per Share
Balance, December 31, 2021			1,658,733			$	1.00 – 19.61			5.85 years		$	5.45
Granted			50,000				4.12			4.51 years			4.12
Exercised			(130,400	)			1.00 – 1.40			0.47 years			1.12
Balance at June 30, 2022			1,578,333			$	1.00 – 19.61			5.73 years		$	5.77
Exercisable December 31, 2021			1,019,164			$	1.00 – 19.61			5.21 years		$	3.60
Exercisable at June 30, 2022			1,096,726			$	1.00 – 19.61			5.51 years		$	4.51

Performance Shares [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF OPTION ACTIVITY

The following is a summary of outstanding performance-based options activity for the six months ended June 30, 2022:

SCHEDULE OF OPTION ACTIVITY  

		Options Outstanding Number of Shares				Exercise Price per Share				Weighted Average Remaining Contractual Life		Weighted Average Exercise Price per Share
Balance at December 31, 2021			535,000			$	1.25 – 2.50			5.59 years		$	1.60
Granted			150,000				4.12			3.51 years			4.12
Balance at June 30, 2022			685,000			$	1.25 – 4.12			4.75 years		$	2.15
Exercisable December 31, 2021			100,000			$	1.75 – 2.50			1.96 years		$	2.01
Exercisable at June 30, 2022			100,000			$	1.75 – 2.50			1.47 years		$	2.01

Restricted Stock Units (RSUs) [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF WARRANT AND RESTRICTED STOCK OUTSTANDING AND EXERCISABLE

The following is a summary of outstanding RSU activity outside of the 2020 Plan for the six months ended June 30, 2022:

SCHEDULE OF WARRANT AND RESTRICTED STOCK OUTSTANDING AND EXERCISABLE 

		RSUs Outstanding Number of Shares
Balance at December 31, 2021			600,000
Granted			60,000
Vested			(65,000	)
Balance at June 30, 2022			595,000

Restricted Stock Units (RSUs) [Member] | 2020 Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF WARRANT AND RESTRICTED STOCK OUTSTANDING AND EXERCISABLE

The following is a summary of outstanding RSU activity under our 2020 Plan for the six months ended June 30, 2022:

SCHEDULE OF WARRANT AND RESTRICTED STOCK OUTSTANDING AND EXERCISABLE  

		RSUs Outstanding Number of Shares
Balance at December 31, 2021			375,375
Granted			563,000
Vested			(87,625	)
Balance at June 30, 2022			850,750

2020 Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

SCHEDULE OF OPTION ACTIVITY

The following is a summary of outstanding options activity under our 2020 Plan for the six months ended June 30, 2022:

SCHEDULE OF OPTION ACTIVITY   

		Options Outstanding Number of Shares				Exercise Price per Share				Weighted Average Remaining Contractual Life		Weighted Average Exercise Price per Share
Balance, December 31, 2021			2,063,500			$	4.57 – 21.02			8.04 years		$	9.41
Granted			88,500				3.28 – 13.74			4.24 years			9.37
Cancelled/Forfeited/Expired			(156,135	)			7.07 – 13.74			8.82 years			9.14
Balance at June 30, 2022			1,995,865			$	3.28 – 21.02			7.34 years		$	9.43
Exercisable at December 31, 2021			636,229			$	4.57 – 21.02			8.95 years		$	9.18
Exercisable at June 30, 2022			977,326			$	3.28 – 21.02			8.22 years		$	9.43

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AwardTypeAxis=LFMD_ServiceBasedStockOptionsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_PerformanceSharesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_TypeOfArrangementAxis=LFMD_TwoThousandTwentyPlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PlanNameAxis=LFMD_TwoThousandTwentyPlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: