2024 Q1 Form 10-K Financial Statement

#000147744924000023 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $646.1M $660.5M $2.602B
YoY Change 2.68% 3.58% 8.13%
Cost Of Revenue $194.5M $193.4M $760.0M
YoY Change 2.33% 2.41% 2.16%
Gross Profit $451.6M $467.1M $1.842B
YoY Change 2.84% 4.07% 10.8%
Gross Profit Margin 69.89% 70.72% 70.8%
Selling, General & Admin $166.1M $309.6M $678.4M
YoY Change -51.93% -4.53% 0.21%
% of Gross Profit 36.77% 66.27% 36.82%
Research & Development $81.39M $89.94M $348.5M
YoY Change -6.43% 15.94% 4.46%
% of Gross Profit 18.02% 19.25% 18.92%
Depreciation & Amortization $97.89M $98.17M $339.7M
YoY Change 38.92% 28.52% 32.67%
% of Gross Profit 21.68% 21.02% 18.44%
Operating Expenses $247.4M $497.0M $1.027B
YoY Change -50.73% 4.08% 1.61%
Operating Profit -$87.12M -$29.92M -$248.6M
YoY Change 38.17% 4.26% -98.18%
Interest Expense $5.649M $8.169M $22.28M
YoY Change 54.85% 331.54% -340.37%
% of Operating Profit
Other Income/Expense, Net -$370.0K $1.537M $4.445M
YoY Change -107.54% -12.07% -617.46%
Pretax Income -$79.20M -$25.38M -$219.6M
YoY Change 15.54% -99.33% -98.39%
Income Tax $2.690M $3.515M $760.0K
% Of Pretax Income
Net Earnings -$81.89M -$28.89M -$220.4M
YoY Change 18.29% -99.24% -98.39%
Net Earnings / Revenue -12.67% -4.37% -8.47%
Basic Earnings Per Share -$0.49 -$1.34
Diluted Earnings Per Share -$0.49 -$0.17 -$1.34
COMMON SHARES
Basic Shares Outstanding 167.0M shares 165.6M shares 164.6M shares
Diluted Shares Outstanding 167.7M shares 164.6M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.098B $1.124B $1.124B
YoY Change 23.56% 22.38% 22.38%
Cash & Equivalents $1.098B $1.124B $1.124B
Short-Term Investments
Other Short-Term Assets $8.534M $7.443M $118.4M
YoY Change -93.74% -38.51% 12.56%
Inventory $32.27M $29.51M $29.51M
Prepaid Expenses $85.48M $65.65M
Receivables $214.3M $217.4M $217.4M
Other Receivables $13.56M $12.64M $0.00
Total Short-Term Assets $1.486B $1.489B $1.489B
YoY Change 15.51% 13.2% 13.2%
LONG-TERM ASSETS
Property, Plant & Equipment $29.55M $32.03M $72.09M
YoY Change -57.36% 8.07% 0.87%
Goodwill $1.073B $1.073B
YoY Change 0.0% 0.0%
Intangibles $1.614B $1.678B
YoY Change -11.11% -8.66%
Long-Term Investments
YoY Change
Other Assets $80.01M $80.26M $80.26M
YoY Change 25.02% 65.34% 65.34%
Total Long-Term Assets $2.834B $2.903B $2.903B
YoY Change -6.22% -4.18% -4.18%
TOTAL ASSETS
Total Short-Term Assets $1.486B $1.489B $1.489B
Total Long-Term Assets $2.834B $2.903B $2.903B
Total Assets $4.321B $4.392B $4.392B
YoY Change 0.27% 1.08% 1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.67M $43.64M $43.64M
YoY Change -2.46% -8.5% -8.5%
Accrued Expenses $196.1M $281.3M $281.3M
YoY Change -16.75% 45.43% 45.43%
Deferred Revenue $101.2M $95.66M
YoY Change -6.06%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $388.8M $420.6M $420.6M
YoY Change 1.97% 5.21% 5.21%
LONG-TERM LIABILITIES
Long-Term Debt $1.540B $1.539B $1.539B
YoY Change -0.3% -0.3% -0.3%
Other Long-Term Liabilities $1.023M $1.080M $57.54M
YoY Change -97.55% -33.25% 32.18%
Total Long-Term Liabilities $1.023M $1.080M $1.596B
YoY Change -99.94% -33.25% 0.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $388.8M $420.6M $420.6M
Total Long-Term Liabilities $1.023M $1.080M $1.596B
Total Liabilities $389.9M $421.7M $2.066B
YoY Change -80.68% 5.06% 1.41%
SHAREHOLDERS EQUITY
Retained Earnings -$15.31B -$15.23B
YoY Change 1.55% 1.47%
Common Stock $17.64B $17.59B
YoY Change 1.31% 1.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.289B $2.326B $2.326B
YoY Change
Total Liabilities & Shareholders Equity $4.321B $4.392B $4.392B
YoY Change 0.27% 1.08% 1.08%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$81.89M -$28.89M -$220.4M
YoY Change 18.29% -99.24% -98.39%
Depreciation, Depletion And Amortization $97.89M $98.17M $339.7M
YoY Change 38.92% 28.52% 32.67%
Cash From Operating Activities $8.920M $130.1M $350.0M
YoY Change -32.2% 98.51% 84.91%
INVESTING ACTIVITIES
Capital Expenditures $1.149M $36.55M $11.46M
YoY Change -97.48% -32.18% -30.44%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.000K -$1.000K
YoY Change -99.96%
Cash From Investing Activities -$35.51M -$36.55M -$156.3M
YoY Change -22.16% -32.18% -6.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.751M -1.746M $10.85M
YoY Change -47.78% -139.85% 67.06%
NET CHANGE
Cash From Operating Activities $8.920M 130.1M $350.0M
Cash From Investing Activities -$35.51M -36.55M -$156.3M
Cash From Financing Activities $1.751M -1.746M $10.85M
Net Change In Cash -$24.84M 91.83M $204.5M
YoY Change -14.68% 472.53% 629.26%
FREE CASH FLOW
Cash From Operating Activities $8.920M $130.1M $350.0M
Capital Expenditures $1.149M $36.55M $11.46M
Free Cash Flow $7.771M $93.57M $338.6M
YoY Change -123.93% 702.65% 95.91%

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Organization and Description of Business<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Teladoc, Inc. was incorporated in the State of Texas in June 2002 and changed its state of incorporation to the State of Delaware in October 2008. Effective August 10, 2018, Teladoc, Inc. changed its corporate name to Teladoc Health, Inc. Unless the context otherwise requires, Teladoc Health, Inc., together with its subsidiaries, is referred to herein as “Teladoc Health” or the “Company”. The Company’s principal executive office is located in Purchase, New York. Teladoc Health is the global leader in whole person virtual care focused on forging a new healthcare experience with better convenience, outcomes and value around the world.</span></div>
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CY2023 tdoc Number Of Professional Associations Consolidated As Variable Interest Entities
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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The Company bases its estimates on historical experience, current business and economic factors, and various other assumptions that the Company believes are necessary to form a basis for making judgments about the carrying values of assets and liabilities, the recorded amounts of revenue and expenses, and the disclosure of contingent assets and liabilities. The Company is subject to uncertainties such as the impact of future events, economic and political factors, and changes in the Company’s business environment; therefore, actual results could differ from these estimates. Accordingly, the accounting estimates used in the preparation of the Company’s consolidated financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment evolves. The Company believes that estimates used in the preparation of these consolidated financial statements are reasonable; however, actual results could differ materially from these estimates.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Changes in estimates are made when circumstances warrant. Such changes in estimates and refinements in estimation methodologies are reflected in the Consolidated Statement of Operations; if material, the effects of changes in estimates are disclosed in the Notes to Consolidated Financial Statements. </span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Significant estimates and assumptions by management affect areas including the value and useful life of long-lived assets (including intangible assets), the capitalization and amortization of software development costs, deferred device and contract costs, allowances for sales and for doubtful accounts, and the accounting for business combinations. Other significant areas include revenue recognition (including performance guarantees), the accounting for income taxes, contingencies, litigation and related legal accruals, the accounting for stock-based compensation awards, and other items as described in the Summary of Significant Accounting policies in this Annual Report on Form 10-K.</span></div>
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P1Y
CY2023 tdoc Contract With Customer Refunds Issued
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79200000 usd
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P4Y
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CY2023 us-gaap Number Of Reporting Units
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503900000 usd
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CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Risk </span></div><div style="margin-top:12pt;text-indent:36pt"><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 exposed to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Although the Company deposits its cash with multiple financial institutions in the U.S. and in foreign countries, its deposits, at times, may exceed federally insured limits. The Company holds a significant amount of its cash equivalents in a portfolio of government and institutional prime money market funds.</span></div>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been reclassified to conform to the current year presentation.</span></div>
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2602415000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2406840000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2032707000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2602415000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2406840000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2032707000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
113786000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
102007000 usd
CY2023 tdoc Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
87683000 usd
CY2022 tdoc Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
100028000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
92187000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
88249000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
109282000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
113786000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
94700000 usd
CY2023Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
14600000 usd
CY2023Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
32703000 usd
CY2022Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
29956000 usd
CY2023Q4 tdoc Deferred Device Cost And Other Noncurrent
DeferredDeviceCostAndOtherNoncurrent
17573000 usd
CY2022Q4 tdoc Deferred Device Cost And Other Noncurrent
DeferredDeviceCostAndOtherNoncurrent
8404000 usd
CY2023Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
50276000 usd
CY2022Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
38360000 usd
CY2022Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
38360000 usd
CY2023 tdoc Deferred Device Cost And Other Additions
DeferredDeviceCostAndOtherAdditions
57964000 usd
CY2023 tdoc Deferred Device Cost And Other Cost Of Revenue Recognized
DeferredDeviceCostAndOtherCostOfRevenueRecognized
-46048000 usd
CY2023Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
50276000 usd
CY2023Q4 tdoc Inventory Raw Materials And Purchased Parts Gross
InventoryRawMaterialsAndPurchasedPartsGross
9338000 usd
CY2022Q4 tdoc Inventory Raw Materials And Purchased Parts Gross
InventoryRawMaterialsAndPurchasedPartsGross
25800000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
299000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
394000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
19876000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
30148000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
29513000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
56342000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
65651000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
63159000 usd
CY2023Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
32703000 usd
CY2022Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
29956000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
12640000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
25091000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7443000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
12104000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
118437000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
130310000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
14504174000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
12270000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-28172000 usd
CY2022Q4 tdoc Goodwill Reassignment To Reporting Units
GoodwillReassignmentToReportingUnits
2206002000 usd
CY2022Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1132812000 usd
CY2022Q4 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1073190000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
0 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1073190000 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
13400000000 usd
CY2022 tdoc Goodwill Impairment Loss Per Share
GoodwillImpairmentLossPerShare
83.01
CY2022Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6600000000 usd
CY2022Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3000000000 usd
CY2022Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q1 us-gaap Reporting Unit Amount Of Fair Value In Excess Of Carrying Amount
ReportingUnitAmountOfFairValueInExcessOfCarryingAmount
0 usd
CY2022Q2 us-gaap Reporting Unit Amount Of Fair Value In Excess Of Carrying Amount
ReportingUnitAmountOfFairValueInExcessOfCarryingAmount
0 usd
CY2022Q4 us-gaap Reporting Unit Amount Of Fair Value In Excess Of Carrying Amount
ReportingUnitAmountOfFairValueInExcessOfCarryingAmount
0 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
91771000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
77353000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
59739000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
47712000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32032000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29641000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2584733000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
906952000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1677781000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2421251000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
584486000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1836765000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
82957000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
46098000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
15049000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
244620000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
195298000 usd
CY2022 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
9900000 usd
CY2022Q1 tdoc Intangible Assets Migration Strategy Period
IntangibleAssetsMigrationStrategyPeriod
P2Y
CY2022 tdoc Additional Amortization Expense Of Intangible Assets Related To Migration Strategy
AdditionalAmortizationExpenseOfIntangibleAssetsRelatedToMigrationStrategy
23200000 usd
CY2023 tdoc Additional Amortization Expense Of Intangible Assets Related To Migration Strategy
AdditionalAmortizationExpenseOfIntangibleAssetsRelatedToMigrationStrategy
23200000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
5981000 usd
CY2023Q4 tdoc Other Current Liabilities Staff Augmentation
OtherCurrentLiabilitiesStaffAugmentation
4287000 usd
CY2022Q4 tdoc Other Current Liabilities Staff Augmentation
OtherCurrentLiabilitiesStaffAugmentation
3391000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
359304000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
275347000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
217685000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
150996000 usd
CY2023Q4 tdoc Finite Lived Intangible Assets Amortization Expense Year Five And Thereafter
FiniteLivedIntangibleAssetsAmortizationExpenseYearFiveAndThereafter
674449000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1677781000 usd
CY2023Q4 tdoc Cloud Computing Costs Net
CloudComputingCostsNet
41100000 usd
CY2022Q4 tdoc Cloud Computing Costs Net
CloudComputingCostsNet
25400000 usd
CY2023 tdoc Cloud Computing Expense
CloudComputingExpense
3700000 usd
CY2022 tdoc Cloud Computing Expense
CloudComputingExpense
1900000 usd
CY2023Q4 tdoc Revenue From Contract With Customer Performance Guarantees Current
RevenueFromContractWithCustomerPerformanceGuaranteesCurrent
36934000 usd
CY2022Q4 tdoc Revenue From Contract With Customer Performance Guarantees Current
RevenueFromContractWithCustomerPerformanceGuaranteesCurrent
18687000 usd
CY2023Q4 tdoc Accrued Marketing And Advertising Current
AccruedMarketingAndAdvertisingCurrent
34427000 usd
CY2022Q4 tdoc Accrued Marketing And Advertising Current
AccruedMarketingAndAdvertisingCurrent
35055000 usd
CY2023Q4 tdoc Accrued Consulting And Customer Service Fees Current
AccruedConsultingAndCustomerServiceFeesCurrent
16416000 usd
CY2022Q4 tdoc Accrued Consulting And Customer Service Fees Current
AccruedConsultingAndCustomerServiceFeesCurrent
16407000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
12933000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
10994000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10752000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13592000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
9910000 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
10152000 usd
CY2023Q4 tdoc Accrued Information Technology Expense Current
AccruedInformationTechnologyExpenseCurrent
7605000 usd
CY2022Q4 tdoc Accrued Information Technology Expense Current
AccruedInformationTechnologyExpenseCurrent
4278000 usd
CY2023Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
5777000 usd
CY2023Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
3800000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
3247000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1481000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1480000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
621000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3817000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
33691000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
41612000 usd
CY2023Q4 tdoc Accrued Liabilities And Other Liabilities Excluding Accrued Compensation Current
AccruedLiabilitiesAndOtherLiabilitiesExcludingAccruedCompensationCurrent
178634000 usd
CY2022Q4 tdoc Accrued Liabilities And Other Liabilities Excluding Accrued Compensation Current
AccruedLiabilitiesAndOtherLiabilitiesExcludingAccruedCompensationCurrent
168693000 usd
CY2023Q4 us-gaap Convertible Debt
ConvertibleDebt
1538688000 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
1535288000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
15458000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
18473000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
14087000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
162000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1087000 usd
CY2023 us-gaap Lease Cost
LeaseCost
15458000 usd
CY2022 us-gaap Lease Cost
LeaseCost
18635000 usd
CY2021 us-gaap Lease Cost
LeaseCost
15174000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
16265000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
16854000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
14531000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14437000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3748000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11598000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M14D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M15D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0633
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0608
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0588
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13500000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12299000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11145000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8123000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5946000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13057000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
64070000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10481000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
53589000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10752000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
42837000 usd
CY2023 us-gaap Restructuring Costs
RestructuringCosts
16900000 usd
CY2022 us-gaap Restructuring Costs
RestructuringCosts
7400000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4243934 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.79
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
19541000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
276273 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
20.45
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
175761 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.42
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3016000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
162259 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
46.85
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4182187 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.37
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y3M3D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
13732000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4182187 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
27.37
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M3D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
13732000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3215889 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
26.07
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y2M12D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
13191000 usd
CY2023 tdoc Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Total Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodTotalGrantDateFairValue
3200000 usd
CY2022 tdoc Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Total Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodTotalGrantDateFairValue
26800000 usd
CY2021 tdoc Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Total Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodTotalGrantDateFairValue
7400000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
201550000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
217852000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
302586000 usd
CY2023 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
19439000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
18238000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
13175000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
220989000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
236090000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
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CY2023Q4 us-gaap Noncurrent Assets
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