2023 Q1 Form 10-K Financial Statement

#000155837023002559 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $629.2M $637.7M $2.407B
YoY Change 11.3% 15.06% 18.41%
Cost Of Revenue $190.1M $188.9M $744.0M
YoY Change 1.65% 7.94% 14.41%
Gross Profit $439.1M $448.8M $1.663B
YoY Change 16.07% 18.35% 20.28%
Gross Profit Margin 69.79% 70.38% 69.09%
Selling, General & Admin $345.4M $324.2M $677.0M
YoY Change 111.59% 11.45% -1.68%
% of Gross Profit 78.66% 72.24% 40.71%
Research & Development $86.99M $77.58M $333.6M
YoY Change -0.49% 6.46% 6.97%
% of Gross Profit 19.81% 17.28% 20.06%
Depreciation & Amortization $70.46M $76.39M $256.0M
YoY Change 19.57% 45.97% 25.36%
% of Gross Profit 16.05% 17.02% 15.4%
Operating Expenses $502.2M $477.5M $1.011B
YoY Change 100.35% 14.76% 1.02%
Operating Profit -$63.06M -$28.70M -$13.65B
YoY Change -99.05% -22.16% 5039.92%
Interest Expense $3.648M $1.893M -$9.270M
YoY Change -166.57% -110.03% -88.47%
% of Operating Profit
Other Income/Expense, Net $4.907M $1.748M -$859.0K
YoY Change 577.76% -531.6% -116.88%
Pretax Income -$68.55M -$3.812B -$13.66B
YoY Change -98.97% 6177.23% 3452.09%
Income Tax $681.0K -$1.841M -$3.812M
% Of Pretax Income
Net Earnings -$69.23M -$3.810B -$13.66B
YoY Change -98.96% 34584.31% 3085.58%
Net Earnings / Revenue -11.0% -597.46% -567.53%
Basic Earnings Per Share -$0.42 -$84.60
Diluted Earnings Per Share -$0.42 -$23.49 -$84.60
COMMON SHARES
Basic Shares Outstanding 162.6M 161.9M 161.5M
Diluted Shares Outstanding 162.9M 161.5M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $888.6M $918.2M $918.2M
YoY Change 5.91% 2.48% 2.47%
Cash & Equivalents $888.6M $918.2M $918.2M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $136.3M $12.10M $105.2M
YoY Change 2460.01% 113.85% 20.41%
Inventory $45.80M $56.34M $56.34M
Prepaid Expenses $77.53M $63.16M
Receivables $216.0M $210.6M $210.6M
Other Receivables $0.00 $25.09M $25.09M
Total Short-Term Assets $1.287B $1.315B $1.315B
YoY Change 6.51% 7.34% 7.34%
LONG-TERM ASSETS
Property, Plant & Equipment $69.31M $29.64M $71.47M
YoY Change 143.88% 8.84% -3.43%
Goodwill $1.073B $1.073B
YoY Change -86.41% -92.6%
Intangibles $1.816B $1.837B
YoY Change -3.61% -3.85%
Long-Term Investments
YoY Change
Other Assets $63.99M $48.54M $48.54M
YoY Change 140.31% 134.46% 134.46%
Total Long-Term Assets $3.022B $3.030B $3.030B
YoY Change -69.42% -81.65% -81.65%
TOTAL ASSETS
Total Short-Term Assets $1.287B $1.315B $1.315B
Total Long-Term Assets $3.022B $3.030B $3.030B
Total Assets $4.309B $4.345B $4.345B
YoY Change -61.15% -75.5% -75.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.63M $47.69M $47.69M
YoY Change -18.53% 0.92% 0.92%
Accrued Expenses $235.5M $193.4M $193.4M
YoY Change 84.44% 19.4% 19.4%
Deferred Revenue $101.8M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.25M $11.38M $11.38M
YoY Change -11.19% -14.56%
Total Short-Term Liabilities $381.3M $399.8M $399.8M
YoY Change 24.34% 20.77% 20.77%
LONG-TERM LIABILITIES
Long-Term Debt $1.544B $1.543B $1.543B
YoY Change 0.2% 24.97% 24.97%
Other Long-Term Liabilities $41.79M $1.618M $43.53M
YoY Change 2792.25% 8.45% -7.57%
Total Long-Term Liabilities $1.586B $1.618M $1.587B
YoY Change 109655.29% 8.45% 23.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $381.3M $399.8M $399.8M
Total Long-Term Liabilities $1.586B $1.618M $1.587B
Total Liabilities $2.018B $401.4M $2.038B
YoY Change 554.89% 20.72% 20.65%
SHAREHOLDERS EQUITY
Retained Earnings -$15.08B -$15.01B
YoY Change 87.92% 955.84%
Common Stock $17.41B $17.36B
YoY Change 1.35% -0.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.291B $2.308B $2.308B
YoY Change
Total Liabilities & Shareholders Equity $4.309B $4.345B $4.345B
YoY Change -61.15% -75.5% -75.5%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$69.23M -$3.810B -$13.66B
YoY Change -98.96% 34584.31% 3085.58%
Depreciation, Depletion And Amortization $70.46M $76.39M $256.0M
YoY Change 19.57% 45.97% 25.36%
Cash From Operating Activities $13.16M $65.55M $189.3M
YoY Change -141.44% -21.22% -2.42%
INVESTING ACTIVITIES
Capital Expenditures $45.62M $53.89M $16.48M
YoY Change 1065.96% -335.12% 93.11%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $0.00 -$2.514M
YoY Change -100.0% -100.0% -71.15%
Cash From Investing Activities -$45.62M -$53.89M -$167.7M
YoY Change 65.5% 168.45% 129.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.353M 4.381M 6.497M
YoY Change 19.07% -33.87% -84.13%
NET CHANGE
Cash From Operating Activities 13.16M 65.55M 189.3M
Cash From Investing Activities -45.62M -53.89M -167.7M
Cash From Financing Activities 3.353M 4.381M 6.497M
Net Change In Cash -29.12M 16.04M 28.05M
YoY Change -48.47% -77.01% -82.68%
FREE CASH FLOW
Cash From Operating Activities $13.16M $65.55M $189.3M
Capital Expenditures $45.62M $53.89M $16.48M
Free Cash Flow -$32.47M $11.66M $172.8M
YoY Change -8.95% -89.02% -6.82%

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-size:11pt;font-weight:bold;">Note 1. Organization and Description of Business</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">On October 30, 2020, the Company completed the merger with Livongo Health, Inc. (“Livongo”), a transformational opportunity to improve the delivery, access and experience of chronic healthcare for individuals around the world. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">On July 1, 2020, the Company completed the acquisition of InTouch Technologies, Inc. (“InTouch”), a leading provider of enterprise telehealth solutions for hospitals and health systems.</p>
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CY2022 tdoc Number Of Professional Corporations Consolidated As Variable Interest Entities
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CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">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. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">Significant estimates and assumptions by management affect areas including the value and useful life of long-lived assets (including intangible assets), the value of goodwill, 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, and the accounting for stock-based compensation awards.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p>
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2022 tdoc Contract With Customer Term
ContractWithCustomerTerm
P1Y
CY2022 tdoc Payment Terms
PaymentTerms
P30D
CY2022 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
4400000
CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
5600000
CY2020 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
1900000
CY2022 tdoc Contract With Customer Refunds Issued
ContractWithCustomerRefundsIssued
79200000
CY2021 tdoc Contract With Customer Refunds Issued
ContractWithCustomerRefundsIssued
67000000.0
CY2020 tdoc Contract With Customer Refunds Issued
ContractWithCustomerRefundsIssued
33500000
CY2022 tdoc Amortization Term Of Deferred Contract Cost
AmortizationTermOfDeferredContractCost
P4Y
CY2022 us-gaap Other Research And Development Expense
OtherResearchAndDevelopmentExpense
106900000
CY2021 us-gaap Other Research And Development Expense
OtherResearchAndDevelopmentExpense
99500000
CY2020 us-gaap Other Research And Development Expense
OtherResearchAndDevelopmentExpense
110800000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
918200000
CY2022 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2
CY2022 tdoc Increase In Amortization Expense Due To Decrease In Useful Life
IncreaseInAmortizationExpenseDueToDecreaseInUsefulLife
23200000
CY2022 us-gaap Advertising Expense
AdvertisingExpense
503900000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
297000000.0
CY2020 us-gaap Advertising Expense
AdvertisingExpense
165000000.0
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Concentrations of Risk </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:7pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">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’s short-term investments are comprised of a portfolio of diverse high credit rating instruments with maturity durations of one year or less.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:10pt 0pt 0pt 0pt;">No Client represented over 10% of revenues for the years ended December 31, 2022, 2021, or 2020.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:10pt 0pt 0pt 0pt;">No Client represented over 10% of accounts receivable at December 31, 2022 or 2021.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:7pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">Revenue from Clients located in the U.S. for the years ended December 31, 2022, 2021, and 2020 was $2,101.0 million, $1,774.0 million and $913.7 million, respectively. Revenue from Clients located outside the U.S. for the years ended December 31, 2022, 2021 and 2020 was $305.8 million, $258.7 million, and $180.2 million, respectively.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-size:7pt;visibility:hidden;">​</span></p>
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Reclassifications</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:7pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;">Certain prior year amounts have been reclassified to conform to the current year presentation.</p>
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2406840000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2032707000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1093962000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2406840000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2032707000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1093962000
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
94300000
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
79400000
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
14900000
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
24600000
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
73700000
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
51000000.0
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
90100000
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4200000
CY2022Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
29956000
CY2021Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
22304000
CY2022Q4 tdoc Deferred Device Cost And Other Noncurrent
DeferredDeviceCostAndOtherNoncurrent
8404000
CY2021Q4 tdoc Deferred Device Cost And Other Noncurrent
DeferredDeviceCostAndOtherNoncurrent
6249000
CY2022Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
38360000
CY2021Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
28553000
CY2021Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
28553000
CY2022 tdoc Deferred Device Cost And Other Additions
DeferredDeviceCostAndOtherAdditions
51201000
CY2022 tdoc Deferred Device Cost And Other Cost Of Revenue Recognized
DeferredDeviceCostAndOtherCostOfRevenueRecognized
-41394000
CY2022Q4 tdoc Deferred Device Cost And Other
DeferredDeviceCostAndOther
38360000
CY2021 tdoc Fair Value Assets And Liabilities Transfers Between Fair Value Measurement Levels Amount
FairValueAssetsAndLiabilitiesTransfersBetweenFairValueMeasurementLevelsAmount
0
CY2022 tdoc Fair Value Assets And Liabilities Transfers Between Fair Value Measurement Levels Amount
FairValueAssetsAndLiabilitiesTransfersBetweenFairValueMeasurementLevelsAmount
0
CY2022Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
30126000
CY2021Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
28540000
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
433000
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
597000
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
31977000
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
49146000
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
6194000
CY2022Q4 us-gaap Inventory Net
InventoryNet
56342000
CY2021Q4 us-gaap Inventory Net
InventoryNet
73079000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
63159000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
38255000
CY2022Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
29956000
CY2021Q4 tdoc Deferred Device Cost And Other Current
DeferredDeviceCostAndOtherCurrent
22304000
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
25091000
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
21168000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
12104000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5660000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
130310000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
87387000
CY2020Q4 us-gaap Goodwill
Goodwill
14581255000
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
64269000
CY2021 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-55801000
CY2021 tdoc Goodwill Measurement Period Adjustment Deferred Taxes
GoodwillMeasurementPeriodAdjustmentDeferredTaxes
-66505000
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-19044000
CY2021Q4 us-gaap Goodwill
Goodwill
14504174000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
12270000000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-28172000
CY2022Q4 tdoc Goodwill Reassignment To Reporting Units
GoodwillReassignmentToReportingUnits
2206002000
CY2022Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1132812000
CY2022Q4 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
0
CY2022Q4 us-gaap Goodwill
Goodwill
1073190000
CY2022Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3000000000.0
CY2022Q1 tdoc Goodwill Impairment Loss Per Share
GoodwillImpairmentLossPerShare
40.88
CY2022Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6600000000
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
13400000000
CY2022 tdoc Goodwill Impairment Loss Per Share
GoodwillImpairmentLossPerShare
83.01
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
77353000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
61364000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
47712000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34130000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29641000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27234000
CY2022 us-gaap Depreciation
Depreciation
11400000
CY2021 us-gaap Depreciation
Depreciation
8900000
CY2020 us-gaap Depreciation
Depreciation
4800000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2421251000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
584486000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1836765000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2261768000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
351490000
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1910278000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
244600000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
195300000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
64700000
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
46100000
CY2021 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
15000000.0
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
7500000
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
1535288000
CY2022Q4 tdoc Accrued Liabilities And Other Liabilities Excluding Accrued Compensation Current
AccruedLiabilitiesAndOtherLiabilitiesExcludingAccruedCompensationCurrent
168693000
CY2021Q4 tdoc Accrued Liabilities And Other Liabilities Excluding Accrued Compensation Current
AccruedLiabilitiesAndOtherLiabilitiesExcludingAccruedCompensationCurrent
102933000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
287347000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
254686000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
233656000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
173698000
CY2022Q4 tdoc Finite Lived Intangible Assets Amortization Expense Year Five And Thereafter
FiniteLivedIntangibleAssetsAmortizationExpenseYearFiveAndThereafter
887378000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1836765000
CY2022 tdoc Additional Amortization Expense Of Intangible Assets Related To Migration Strategy
AdditionalAmortizationExpenseOfIntangibleAssetsRelatedToMigrationStrategy
23200000
CY2022 tdoc Additional Amortization Expense Of Intangible Assets Related To Migration Strategy Per Share
AdditionalAmortizationExpenseOfIntangibleAssetsRelatedToMigrationStrategyPerShare
0.14
CY2022Q4 tdoc Cloud Computing Costs Net
CloudComputingCostsNet
25400000
CY2021Q4 tdoc Cloud Computing Costs Net
CloudComputingCostsNet
2600000
CY2022 tdoc Cloud Computing Expense
CloudComputingExpense
1900000
CY2021 tdoc Cloud Computing Expense
CloudComputingExpense
100000
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
10152000
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
7124000
CY2022Q4 tdoc Accrued Consulting And Customer Service Fees Current
AccruedConsultingAndCustomerServiceFeesCurrent
16407000
CY2021Q4 tdoc Accrued Consulting And Customer Service Fees Current
AccruedConsultingAndCustomerServiceFeesCurrent
19010000
CY2022Q4 tdoc Other Current Liabilities Clients Guarantees
OtherCurrentLiabilitiesClientsGuarantees
4145000
CY2021Q4 tdoc Other Current Liabilities Clients Guarantees
OtherCurrentLiabilitiesClientsGuarantees
3034000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1480000
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1480000
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3817000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3098000
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
5981000
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
3884000
CY2022Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
35055000
CY2021Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
2958000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13592000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12687000
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
10183000
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
9965000
CY2022Q4 tdoc Other Current Liabilities Device Replacement Cost
OtherCurrentLiabilitiesDeviceReplacementCost
349000
CY2021Q4 tdoc Other Current Liabilities Device Replacement Cost
OtherCurrentLiabilitiesDeviceReplacementCost
6263000
CY2022Q4 tdoc Other Current Liabilities Accrued Rebates
OtherCurrentLiabilitiesAccruedRebates
14542000
CY2021Q4 tdoc Other Current Liabilities Accrued Rebates
OtherCurrentLiabilitiesAccruedRebates
4619000
CY2022Q4 tdoc Other Current Liabilities Staff Augmentation
OtherCurrentLiabilitiesStaffAugmentation
3391000
CY2021Q4 tdoc Other Current Liabilities Staff Augmentation
OtherCurrentLiabilitiesStaffAugmentation
1858000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
49599000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
26953000
CY2021Q4 us-gaap Convertible Debt
ConvertibleDebt
1225671000
CY2022Q4 tdoc Advances From Financing Companies Customer Payments Due Year One
AdvancesFromFinancingCompaniesCustomerPaymentsDueYearOne
11375000
CY2022Q4 tdoc Advances From Financing Companies Customer Payments Due Year Two
AdvancesFromFinancingCompaniesCustomerPaymentsDueYearTwo
6106000
CY2022Q4 tdoc Advances From Financing Companies Customer Payments Due Year Three
AdvancesFromFinancingCompaniesCustomerPaymentsDueYearThree
1976000
CY2022Q4 tdoc Advances From Financing Companies Customer Payments Due
AdvancesFromFinancingCompaniesCustomerPaymentsDue
19457000
CY2022 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
18473000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
14087000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
162000
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1087000
CY2022 us-gaap Lease Cost
LeaseCost
18635000
CY2021 us-gaap Lease Cost
LeaseCost
15174000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
16854000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
14531000
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11598000
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y6M18D
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-575993000
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M15D
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
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15746000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11078000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8519000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7607000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
5340000
CY2022Q4 tdoc Lessee Operating Lease Liability Payments Due Year Five And After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndAfterYearFive
12887000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
61177000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
9543000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
51634000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13592000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
38042000
CY2022 us-gaap Restructuring Costs
RestructuringCosts
7400000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
217852000
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
302586000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
475531000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-13303130000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-365762000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-566266000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-360213000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-18894000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-9727000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13663343000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-384656000
CY2021 tdoc Effective Income Tax Rate Reconciliation Acquisition Expenses
EffectiveIncomeTaxRateReconciliationAcquisitionExpenses
0.020
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2020 us-gaap Current Federal Tax Expense Benefit
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