secwatch.observer — SEC 8-K summary
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Issuer:     LifeMD, Inc. (LFMD)
CIK:        0000948320
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001641172-25-006228
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LifeMD replaces auditor Marcum with CBIZ; cites material weaknesses in internal controls
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/948320/000164117225006228/0001641172-25-006228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/948320/000164117225006228/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-006228

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