2023 Q4 Form 10-K Financial Statement

#000177375124000025 Filed on February 26, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $246.6M $872.0M $167.2M
YoY Change 47.5% 65.49% 97.4%
Cost Of Revenue $42.56M $157.1M $34.90M
YoY Change 21.95% 32.88% 54.42%
Gross Profit $204.1M $714.9M $132.3M
YoY Change 54.24% 74.92% 113.05%
Gross Profit Margin 82.74% 81.99% 79.13%
Selling, General & Admin $204.0M $576.3M $142.8M
YoY Change 42.82% 55.43% 72.52%
% of Gross Profit 99.95% 80.61% 107.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.658M $9.515M $2.010M
YoY Change 32.24% 27.31% 23.31%
% of Gross Profit 1.3% 1.33% 1.52%
Operating Expenses $204.0M $744.4M $142.8M
YoY Change 42.82% 55.92% 72.52%
Operating Profit $107.0K -$29.45M -$10.50M
YoY Change -101.02% -57.13% -49.21%
Interest Expense -$19.00K -$1.075M $500.0K
YoY Change -103.8% -139.81% -105.15%
% of Operating Profit -17.76%
Other Income/Expense, Net $2.615M $7.882M $0.00
YoY Change 163.79% -100.0%
Pretax Income $2.196M -$21.57M -$11.00M
YoY Change -119.96% -67.17% -64.8%
Income Tax $951.0K $1.975M -$100.0K
% Of Pretax Income 43.31%
Net Earnings $1.245M -$23.50M -$10.90M
YoY Change -111.42% -64.23% -65.02%
Net Earnings / Revenue 0.5% -2.69% -6.52%
Basic Earnings Per Share -$0.11
Diluted Earnings Per Share $0.01 -$0.11 -$0.05
COMMON SHARES
Basic Shares Outstanding 209.3M shares
Diluted Shares Outstanding 209.3M shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $221.0M $221.0M $179.7M
YoY Change 22.98% 23.04% -27.33%
Cash & Equivalents $96.70M $96.66M $46.80M
Short-Term Investments $124.3M $124.3M $132.9M
Other Short-Term Assets $5.238M $21.61M $1.785M
YoY Change 193.45% 77.11% 100.56%
Inventory $22.46M $22.46M $21.56M
Prepaid Expenses $10.67M $10.39M
Receivables $6.700M $5.705M $3.900M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $265.1M $265.1M $216.6M
YoY Change 22.37% 22.37% -19.75%
LONG-TERM ASSETS
Property, Plant & Equipment $45.73M $45.73M $3.000M
YoY Change 1424.37% 184.04% 36.36%
Goodwill $110.9M $110.9M
YoY Change 0.0% 0.0%
Intangibles $18.57M $21.84M
YoY Change -14.96% -15.64%
Long-Term Investments
YoY Change
Other Assets $91.00K $947.0K $11.23M
YoY Change -99.19% 5.22% 41.43%
Total Long-Term Assets $176.1M $176.1M $149.7M
YoY Change 17.62% 17.66% -0.62%
TOTAL ASSETS
Total Short-Term Assets $265.1M $265.1M $216.6M
Total Long-Term Assets $176.1M $176.1M $149.7M
Total Assets $441.2M $441.2M $366.3M
YoY Change 20.43% 20.44% -12.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.07M $43.07M $32.36M
YoY Change 33.08% 32.93% 64.78%
Accrued Expenses $28.97M $30.25M $12.45M
YoY Change 132.74% 232.45% 2.08%
Deferred Revenue $7.733M $1.472M
YoY Change 425.34% -53.83%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $88.47M $88.47M $47.94M
YoY Change 84.54% 84.69% -39.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $22.00K $8.689M $35.00K
YoY Change -37.14% 29.69% -94.44%
Total Long-Term Liabilities $22.00K $8.689M $35.00K
YoY Change -37.14% 29.69% -94.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $88.47M $88.47M $47.94M
Total Long-Term Liabilities $22.00K $8.689M $35.00K
Total Liabilities $97.16M $97.16M $54.60M
YoY Change 77.94% 77.94% -36.49%
SHAREHOLDERS EQUITY
Retained Earnings -$368.2M -$344.6M
YoY Change 6.85% 23.53%
Common Stock $712.3M $656.6M
YoY Change 8.48% 7.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $344.0M $344.0M $311.7M
YoY Change
Total Liabilities & Shareholders Equity $441.2M $441.2M $366.3M
YoY Change 20.43% 20.44% -12.9%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income $1.245M -$23.50M -$10.90M
YoY Change -111.42% -64.23% -65.02%
Depreciation, Depletion And Amortization $2.658M $9.515M $2.010M
YoY Change 32.24% 27.31% 23.31%
Cash From Operating Activities $21.98M $73.50M -$6.720M
YoY Change -427.13% -377.36% 116.43%
INVESTING ACTIVITIES
Capital Expenditures $11.20M $26.49M $2.620M
YoY Change 327.4% 265.41% -276.31%
Acquisitions $0.00
YoY Change
Other Investing Activities $31.89M $14.39M $8.620M
YoY Change 269.99% -65.71% -26.5%
Cash From Investing Activities $20.70M -$12.11M $6.000M
YoY Change 244.92% -134.89% -41.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.999M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.963M -$11.48M -10.46M
YoY Change -62.11% -65.36% 13310.26%
NET CHANGE
Cash From Operating Activities 21.98M $73.50M -6.720M
Cash From Investing Activities 20.70M -$12.11M 6.000M
Cash From Financing Activities -3.963M -$11.48M -10.46M
Net Change In Cash 38.72M $49.89M -11.18M
YoY Change -446.29% -299.47% -258.38%
FREE CASH FLOW
Cash From Operating Activities $21.98M $73.50M -$6.720M
Capital Expenditures $11.20M $26.49M $2.620M
Free Cash Flow $10.79M $47.01M -$9.340M
YoY Change -215.47% -239.28% 476.9%

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DepreciationDepletionAndAmortization
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4075000 usd
CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
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CY2023 us-gaap Liabilities Fair Value Adjustment
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CY2022 us-gaap Liabilities Fair Value Adjustment
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CY2021 us-gaap Liabilities Fair Value Adjustment
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3802000 usd
CY2023 hims Noncash Warrant Expense
NoncashWarrantExpense
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CY2022 hims Noncash Warrant Expense
NoncashWarrantExpense
0 usd
CY2021 hims Noncash Warrant Expense
NoncashWarrantExpense
154000 usd
CY2023 us-gaap Amortization Of Financing Costs
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0 usd
CY2022 us-gaap Amortization Of Financing Costs
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0 usd
CY2021 us-gaap Amortization Of Financing Costs
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144000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
5686000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-146000 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-594000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2023 hims Impairment Of Long Lived Assets Excluding Goodwill
ImpairmentOfLongLivedAssetsExcludingGoodwill
429000 usd
CY2022 hims Impairment Of Long Lived Assets Excluding Goodwill
ImpairmentOfLongLivedAssetsExcludingGoodwill
1127000 usd
CY2021 hims Impairment Of Long Lived Assets Excluding Goodwill
ImpairmentOfLongLivedAssetsExcludingGoodwill
0 usd
CY2023 hims Noncash Operating Lease Costs
NoncashOperatingLeaseCosts
-1922000 usd
CY2022 hims Noncash Operating Lease Costs
NoncashOperatingLeaseCosts
-1605000 usd
CY2021 hims Noncash Operating Lease Costs
NoncashOperatingLeaseCosts
-1510000 usd
CY2023 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
2691000 usd
CY2022 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
837000 usd
CY2021 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
1182000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-195000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
902000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8004000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9628000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6395000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6335000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3200000 usd
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58000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-17000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
58000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7324000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12723000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9853000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
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16524000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
909000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
197000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6261000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
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-1716000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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1412000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1933000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-1605000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
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0 usd
CY2022 hims Earn Out Payable
EarnOutPayable
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CY2021 hims Earn Out Payable
EarnOutPayable
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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-34412000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
187700000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
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266633000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
170051000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
194259000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
158375000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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1574000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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35846000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
3465000 usd
CY2023 us-gaap Payments For Software
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9272000 usd
CY2022 us-gaap Payments For Software
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4533000 usd
CY2021 us-gaap Payments For Software
PaymentsForSoftware
4175000 usd
CY2023 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
17220000 usd
CY2022 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
2714000 usd
CY2021 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
832000 usd
CY2023 hims Payments For Deferred Consideration For Acquisitions
PaymentsForDeferredConsiderationForAcquisitions
0 usd
CY2022 hims Payments For Deferred Consideration For Acquisitions
PaymentsForDeferredConsiderationForAcquisitions
459000 usd
CY2021 hims Payments For Deferred Consideration For Acquisitions
PaymentsForDeferredConsiderationForAcquisitions
0 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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-156268000 usd
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0 usd
CY2022 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
0 usd
CY2021 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
22027000 usd
CY2023 hims Proceeds From Issuance Of Common Stock Recapitalization
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0 usd
CY2022 hims Proceeds From Issuance Of Common Stock Recapitalization
ProceedsFromIssuanceOfCommonStockRecapitalization
0 usd
CY2021 hims Proceeds From Issuance Of Common Stock Recapitalization
ProceedsFromIssuanceOfCommonStockRecapitalization
197686000 usd
CY2023 us-gaap Proceeds From Issuance Of Private Placement
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0 usd
CY2022 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 usd
CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
75000000 usd
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CY2022 us-gaap Payments Of Stock Issuance Costs
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0 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
12851000 usd
CY2023 us-gaap Proceeds From Repayments Of Related Party Debt
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0 usd
CY2022 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
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CY2021 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
1193000 usd
CY2023 us-gaap Proceeds From Warrant Exercises
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0 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
787000 usd
CY2023 hims Proceeds From Stock Options Exercised Net Of Repurchases
ProceedsFromStockOptionsExercisedNetOfRepurchases
2322000 usd
CY2022 hims Proceeds From Stock Options Exercised Net Of Repurchases
ProceedsFromStockOptionsExercisedNetOfRepurchases
2246000 usd
CY2021 hims Proceeds From Stock Options Exercised Net Of Repurchases
ProceedsFromStockOptionsExercisedNetOfRepurchases
1253000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14096000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3901000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5998000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
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0 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
32650000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 usd
CY2023 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2298000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1178000 usd
CY2021 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
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1999000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-33127000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
235043000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-11000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-53000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-73000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49891000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25012000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
44290000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47628000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72640000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28350000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
97519000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47628000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72640000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96663000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46772000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71784000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
856000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
856000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
856000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
97519000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47628000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72640000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
1109000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
636000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
338000 usd
CY2023 us-gaap Recapitalization Costs
RecapitalizationCosts
0 usd
CY2022 us-gaap Recapitalization Costs
RecapitalizationCosts
0 usd
CY2021 us-gaap Recapitalization Costs
RecapitalizationCosts
125000 usd
CY2023 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2022 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
CY2021 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
249837000 usd
CY2023 hims Warrants Assumed
WarrantsAssumed
0 usd
CY2022 hims Warrants Assumed
WarrantsAssumed
0 usd
CY2021 hims Warrants Assumed
WarrantsAssumed
51814000 usd
CY2023 hims Warrants Redeemed And Exercised
WarrantsRedeemedAndExercised
0 usd
CY2022 hims Warrants Redeemed And Exercised
WarrantsRedeemedAndExercised
0 usd
CY2021 hims Warrants Redeemed And Exercised
WarrantsRedeemedAndExercised
37834000 usd
CY2023 hims Conversion Of Preferred Stock Warrants Amount Converted
ConversionOfPreferredStockWarrantsAmountConverted
0 usd
CY2022 hims Conversion Of Preferred Stock Warrants Amount Converted
ConversionOfPreferredStockWarrantsAmountConverted
0 usd
CY2021 hims Conversion Of Preferred Stock Warrants Amount Converted
ConversionOfPreferredStockWarrantsAmountConverted
1160000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3383000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6270000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1206000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2023 hims Vesting Of Early Exercised Stock Options Net Of Cancelations
VestingOfEarlyExercisedStockOptionsNetOfCancelations
0 usd
CY2022 hims Vesting Of Early Exercised Stock Options Net Of Cancelations
VestingOfEarlyExercisedStockOptionsNetOfCancelations
197000 usd
CY2021 hims Vesting Of Early Exercised Stock Options Net Of Cancelations
VestingOfEarlyExercisedStockOptionsNetOfCancelations
227000 usd
CY2023 hims Stock Issued And Contingent Consideration For Business Acquisition
StockIssuedAndContingentConsiderationForBusinessAcquisition
0 usd
CY2022 hims Stock Issued And Contingent Consideration For Business Acquisition
StockIssuedAndContingentConsiderationForBusinessAcquisition
0 usd
CY2021 hims Stock Issued And Contingent Consideration For Business Acquisition
StockIssuedAndContingentConsiderationForBusinessAcquisition
99958000 usd
CY2021Q1 hims Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.4530
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments, and assumptions that affect the amounts reported in the financial statements and accompanying notes. The more </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">significant estimates, judgments, and assumptions by management include, among others, valuation of inventory, valuation and recognition of stock-based compensation expense, valuation of contingent consideration in business combinations, purchase price allocation for business combinations, estimates used in the capitalization of website and mobile application development and internal-use software costs, and judgments relating to impairment triggering events for long-lived assets. Management believes that the estimates, judgments, and assumptions upon which it relies are reasonable based upon information available to it at the time that these estimates, judgments, and assumptions were made. Actual results experienced by the Company may differ from management’s estimates. To the extent that there are material differences between these estimates and actual results, the Company’s consolidated financial statements will be affected.</span></div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s financial instruments that are potentially exposed to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, investments, and accounts receivable.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains its cash, cash equivalents, short-term investments, and restricted cash with high-quality financial institutions with investment-grade ratings. The majority of the cash balances are with U.S. banks and are insured to the extent defined by the Federal Deposit Insurance Corporation.</span></div>The prescription products ordered on the Company’s e-commerce online platform are primarily fulfilled by the Affiliated and Partner Pharmacies (as defined below). If any of the pharmacies were to stop fulfilling orders, it could significantly slow prescription product sales until fulfillment volume is redistributed to other operating pharmacies. The Company maintains agreements with these pharmacies and is continuing to invest in expanding affiliated pharmacy fulfillment capabilities to mitigate any such risk
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6700000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3900000 usd
CY2023Q4 hims Capitalized Computer Software Expected Amortization Year One
CapitalizedComputerSoftwareExpectedAmortizationYearOne
6461000 usd
CY2023Q4 hims Capitalized Computer Software Expected Amortization Year Two
CapitalizedComputerSoftwareExpectedAmortizationYearTwo
5058000 usd
CY2023Q4 hims Capitalized Computer Software Expected Amortization Year Three
CapitalizedComputerSoftwareExpectedAmortizationYearThree
2568000 usd
CY2023Q4 hims Capitalized Computer Software Expected Amortization
CapitalizedComputerSoftwareExpectedAmortization
14087000 usd
CY2023 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reportingunit
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
110900000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 hims Impairment Of Long Lived Assets Excluding Goodwill
ImpairmentOfLongLivedAssetsExcludingGoodwill
400000 usd
CY2022 hims Impairment Of Long Lived Assets Excluding Goodwill
ImpairmentOfLongLivedAssetsExcludingGoodwill
1100000 usd
CY2021 hims Impairment Of Long Lived Assets Excluding Goodwill
ImpairmentOfLongLivedAssetsExcludingGoodwill
0 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
872000000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
526916000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
271878000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
3000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2000000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1200000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
700000 usd
CY2023 hims Customer Acquisition Costs
CustomerAcquisitionCosts
390300000 usd
CY2022 hims Customer Acquisition Costs
CustomerAcquisitionCosts
235600000 usd
CY2021 hims Customer Acquisition Costs
CustomerAcquisitionCosts
103500000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-23500000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
73500000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-368200000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96700000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
124300000 usd
CY2021Q1 hims Reverse Recapitalization Percentage Of Voting Interests Acquired
ReverseRecapitalizationPercentageOfVotingInterestsAcquired
1
CY2021Q1 hims Proceeds From Issuance Of Common Stock Recapitalization
ProceedsFromIssuanceOfCommonStockRecapitalization
197700000 usd
CY2021Q1 hims Reverse Recapitalization Transaction Costs
ReverseRecapitalizationTransactionCosts
18700000 usd
CY2021Q1 hims Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.4530
CY2021Q1 hims Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.4530
CY2021Q1 hims Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.4530
CY2021Q1 hims Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.4530
CY2021Q1 hims Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
0.4530
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Shares
ReverseRecapitalizationContingentConsiderationEquityShares
16000000 shares
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period Stock Price Trigger One
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodStockPriceTriggerOne
15.00
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period Stock Price Trigger Two
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodStockPriceTriggerTwo
17.50
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period Stock Price Trigger Three
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodStockPriceTriggerThree
20.00
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period Threshold Trading Days
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodThresholdTradingDays
P10D
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period Threshold Trading Day Period
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriodThresholdTradingDayPeriod
P20D
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriod
P5Y
CY2021Q1 hims Reverse Recapitalization Contingent Consideration Equity Earnout Period
ReverseRecapitalizationContingentConsiderationEquityEarnoutPeriod
P5Y
CY2021 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
2 acquisition
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
124290000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
43000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
15000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
124318000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
132989000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
17000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
153000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
132853000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15221000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
16477000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7243000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5085000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
22464000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
21562000 usd
CY2023Q4 hims Wholesale Trade Receivables Current
WholesaleTradeReceivablesCurrent
5705000 usd
CY2022Q4 hims Wholesale Trade Receivables Current
WholesaleTradeReceivablesCurrent
3231000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10665000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10392000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5238000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1785000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
21608000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15408000 usd
CY2023Q4 hims Property Equipment And Software Gross
PropertyEquipmentAndSoftwareGross
48387000 usd
CY2022Q4 hims Property Equipment And Software Gross
PropertyEquipmentAndSoftwareGross
17440000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12244000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6241000 usd
CY2023Q4 hims Property Equipment And Software Net
PropertyEquipmentAndSoftwareNet
36143000 usd
CY2022Q4 hims Property Equipment And Software Net
PropertyEquipmentAndSoftwareNet
11199000 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
400000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
400000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021 hims Impairment Long Lived Asset Held For Use Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
impairment expense
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
28973000 usd
CY2023Q4 hims Finite Lived Intangible Assets Accumulated Amortization And Impairment
FiniteLivedIntangibleAssetsAccumulatedAmortizationAndImpairment
10399000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18574000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
28751000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6910000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
21841000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4100000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
700000 usd
CY2023 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2800000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2611000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2472000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1600000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1500000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.089
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2353000 usd
CY2023Q4 hims Finite Lived Intangible Asset Expected Amortization Year Five And Thereafter
FiniteLivedIntangibleAssetExpectedAmortizationYearFiveAndThereafter
8338000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18574000 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
12331000 usd
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
4990000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7888000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4999000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
5341000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
643000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2009000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
963000 usd
CY2023Q4 hims Product And Shipping Costs Current
ProductAndShippingCostsCurrent
562000 usd
CY2022Q4 hims Product And Shipping Costs Current
ProductAndShippingCostsCurrent
263000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
841000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
590000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
28972000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12448000 usd
CY2023 hims Operating Lease Liability Remeasurement Adjustment
OperatingLeaseLiabilityRemeasurementAdjustment
5700000 usd
CY2023 hims Operating Lease Right Of Use Asset Remeasurement Adjustment
OperatingLeaseRightOfUseAssetRemeasurementAdjustment
5700000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2400000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1900000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
1800000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
400000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
300000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
1900000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2114000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2207000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2219000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1955000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1696000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2827000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13018000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3070000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9948000 usd
CY2023Q4 us-gaap Purchase Obligation
PurchaseObligation
7300000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
4800000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
2400000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
100000 usd
CY2023Q4 hims Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
2 commonstockclass
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2000000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.09
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.44
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.51
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6200000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6300000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
12600000 usd
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
13784000 shares
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
9688000 shares
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
14450000 shares
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
8389000 shares
CY2023 hims Share Based Compensation Arrangement By Share Based Payment Award Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOtherThanOptionsGrantsInPeriodGrantDateFairValue
12900000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
66080000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42817000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
67211000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1700000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
600000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
700000 usd
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
0 usd
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
0 usd
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
0 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-16749000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-62539000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-109393000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-4822000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-3170000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1402000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21571000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-65709000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-110795000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1747000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
3897000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2018000 usd
CY2023 hims Effective Income Tax Rate Reconciliation Nondeductible Expense Warrants And Earnouts Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseWarrantsAndEarnoutsAmount
226000 usd
CY2022 hims Effective Income Tax Rate Reconciliation Nondeductible Expense Warrants And Earnouts Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseWarrantsAndEarnoutsAmount
-15000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
532000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1456000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
563000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
252000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1988000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
563000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
252000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-339000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2280000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-25000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-110000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-966000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-145000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-142000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-594000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3388000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1975000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-31000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3136000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4530000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-13799000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-23267000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1636000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-609000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3498000 usd
CY2023 hims Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
0 usd
CY2022 hims Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
-731000 usd
CY2021 hims Effective Income Tax Rate Reconciliation Transaction Costs
EffectiveIncomeTaxRateReconciliationTransactionCosts
369000 usd
CY2021 hims Effective Income Tax Rate Reconciliation Nondeductible Expense Warrants And Earnouts Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseWarrantsAndEarnoutsAmount
-1710000 usd
CY2023 hims Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOfficerCompensationAmount
6386000 usd
CY2022 hims Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOfficerCompensationAmount
2881000 usd
CY2021 hims Effective Income Tax Rate Reconciliation Nondeductible Expense Officer Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOfficerCompensationAmount
8352000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1330000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
7794000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
15971000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
5398000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
0 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
714000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
613000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-136000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-62000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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KPMG LLP
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San Francisco, CA
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185

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