8-Kfiled April 25, 2025, 7:59 PM ETticker LFMDCIK 0000948320
other materialconfidence highsentiment neutralmateriality 0.55
LifeMD, Inc. (LFMD): auditor change — LifeMD replaces auditor Marcum with CBIZ; cites material weaknesses in internal controls
LifeMD, Inc.
Marcum LLP resigned as independent auditor on April 24, 2025; CBIZ CPAs P.C. appointed same day.
Prior reports for FY2024 and FY2023 were unqualified with no disagreements on accounting principles.
Reportable events: material weaknesses in ITGCs (user access, change management, SOC report review) and business process controls (IPE and review procedures).
CBIZ had acquired Marcum's attest business on November 1, 2024, prompting the transition.
No consultations with CBIZ prior to engagement on accounting or auditing matters.
LifeMD, Inc. engaged CBIZ CPAs P.C. as its auditor.
Action
engagement
Auditor
CBIZ CPAs P.C.
Exact text from the filing
On April 24, 2025 the Company and with the approval of the Audit Committee of the Company’s Board of Directors, engaged CBIZ CPAs P.C. as the Company’s independent registered public accounting firm.
On April 24, 2025 Marcum LLP (“Marcum”), which served as the independent registered public accounting firm of LifeMD, Inc. (the “Company”, “we”, “our”) since 2022, informed the Company that Marcum resigned as the Company’s independent registered public accounting firm.
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