XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

SEGMENT DATA (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting [Abstract] |
SCHEDULE OF RELEVANT SEGMENT DATA | Relevant segment data for the three months ended March 31, 2025 and 2024 is as follows: SCHEDULE OF RELEVANT SEGMENT DATA
|  | Telehealth |  |  | WorkSimpli |  |  | Consolidated |
|  | Three Months Ended March 31, 2025 |
|  | Telehealth |  |  | WorkSimpli |  |  | Consolidated |
Revenue, net |  | $ | 52,456,481 |  |  | $ | 13,241,275 |  |  | $ | 65,697,756 |
Cost of revenue |  |  | 8,136,462 |  |  |  | 507,254 |  |  |  | 8,643,716 |
Gross profit |  |  | 44,320,019 |  |  |  | 12,734,021 |  |  |  | 57,054,040 |
Significant Segment Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Selling and marketing expenses |  |  | 22,272,922 |  |  |  | 6,921,139 |  |  |  | 29,194,061 |
Payroll expenses |  |  | 8,218,051 |  |  |  | 628,665 |  |  |  | 8,846,716 |
Merchant processing fees |  |  | 2,011,448 |  |  |  | 785,998 |  |  |  | 2,797,446 |
Other general and administrative expenses |  |  | 7,190,795 |  |  |  | 1,276,439 |  |  |  | 8,467,234 |
Other segment items(1) |  |  | 4,239,938 |  |  |  | 965,721 |  |  |  | 5,205,659 |
Segment operating income |  | $ | 386,865 |  |  | $ | 2,156,059 |  |  | $ | 2,542,924 |
Interest expense, net |  |  | (463,638 | ) |  |  | (162,637 | ) |  |  | (626,275 | )
Net (loss) income |  | $ | (76,773 | ) |  | $ | 1,993,422 |  |  | $ | 1,916,649 |
|  | Telehealth |  |  | WorkSimpli |  |  | Consolidated |
|  | Three Months Ended March 31, 2024 |
|  | Telehealth |  |  | WorkSimpli |  |  | Consolidated |
Revenue, net |  | $ | 30,841,402 |  |  | $ | 13,302,862 |  |  | $ | 44,144,264 |
Cost of revenue |  |  | 4,194,595 |  |  |  | 405,582 |  |  |  | 4,600,177 |
Gross profit |  |  | 26,646,807 |  |  |  | 12,897,280 |  |  |  | 39,544,087 |
Significant Segment Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Selling and marketing expenses |  |  | 16,066,559 |  |  |  | 8,107,321 |  |  |  | 24,173,880 |
Payroll expenses |  |  | 5,691,930 |  |  |  | 1,410,402 |  |  |  | 7,102,332 |
Merchant processing fees |  |  | 1,279,126 |  |  |  | 828,715 |  |  |  | 2,107,841 |
Other general and administrative expenses |  |  | 6,335,094 |  |  |  | 1,352,470 |  |  |  | 7,687,564 |
Other segment items(1) |  |  | 3,893,861 |  |  |  | 749,854 |  |  |  | 4,643,715 |
Segment operating (loss) income |  | $ | (6,619,763 | ) |  | $ | 448,518 |  |  | $ | (6,171,245 | )
Interest expense, net |  |  | (476,807 | ) |  |  | (871 | ) |  |  | (477,678 | )
Net (loss) income |  | $ | (7,096,570 | ) |  | $ | 447,647 |  |  | $ | (6,648,923 | )
(1) | Other segment items include stock-based compensation and depreciation and amortization. Stock-based compensation expense for our Telehealth segment was $2.5 million for both the three months ended March 31, 2025 and 2024. Depreciation and amortization for our Telehealth segment was $1.7 million and $1.3 million for the three months ended March 31, 2025 and 2024, respectively, and for our WorkSimpli segment was $966 thousand and $750 thousand for the three months ended March 31, 2025 and 2024, respectively.
Total Assets |  | March 31, 2025 |  |  | December 31, 2024 |
Telehealth |  | $ | 63,669,612 |  |  | $ | 62,340,390 |
WorkSimpli |  |  | 9,944,721 |  |  |  | 10,119,636 |
Consolidated |  | $ | 73,614,333 |  |  | $ | 72,460,026 |
Total Assets |  | $ | 73,614,333 |  |  | $ | 72,460,026 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration