Hims & Hers Health Q1 2024 10-Q Filed
Ticker: HIMS · Form: 10-Q · Filed: 2024-05-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, assets
TL;DR
HIMS Q1 24: Assets flat at $2.08B. All systems go.
AI Summary
Hims & Hers Health, Inc. filed its 10-Q for the period ending March 31, 2024. The company reported total assets of $2.083 billion as of March 31, 2024, a slight increase from $2.083 billion at the end of 2023. The filing details financial performance and operational updates for the first quarter of 2024.
Why It Matters
This filing provides investors with the latest financial snapshot of Hims & Hers Health, Inc., crucial for understanding the company's performance and outlook in the telehealth and wellness sector.
Risk Assessment
Risk Level: medium — The company operates in the rapidly evolving telehealth and wellness industry, facing competition and regulatory changes.
Key Numbers
- $2.083B — Total Assets (As of March 31, 2024, indicating financial position.)
- $2.083B — Total Assets (As of December 31, 2023, for comparison.)
Key Players & Entities
- Hims & Hers Health, Inc. (company) — Filer of the 10-Q
- Oaktree Acquisition Corp. (company) — Former company name
- 20240331 (date) — End of reporting period
- $2.083 billion (dollar_amount) — Total assets as of March 31, 2024
FAQ
What was Hims & Hers Health's total asset value at the end of Q1 2024?
As of March 31, 2024, Hims & Hers Health reported total assets of $2.083 billion.
What was the previous name of Hims & Hers Health, Inc.?
The former company name was Oaktree Acquisition Corp., with a name change date of April 12, 2019.
For what period is this 10-Q filing?
This 10-Q filing is for the quarterly period ended March 31, 2024.
What is the company's primary business classification?
The company is classified under SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE [8011].
What is the company's state of incorporation?
Hims & Hers Health, Inc. is incorporated in Delaware (DE).
From the Filing
0001773751-24-000132.txt : 20240506 0001773751-24-000132.hdr.sgml : 20240506 20240506161705 ACCESSION NUMBER: 0001773751-24-000132 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 86 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240506 DATE AS OF CHANGE: 20240506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hims & Hers Health, Inc. CENTRAL INDEX KEY: 0001773751 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE [8011] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38986 FILM NUMBER: 24917729 BUSINESS ADDRESS: STREET 1: 2269 CHESTNUT ST STREET 2: #523 CITY: SAN FRANCISCO STATE: CA ZIP: 94123 BUSINESS PHONE: 415-851-0195 MAIL ADDRESS: STREET 1: 2269 CHESTNUT ST STREET 2: #523 CITY: SAN FRANCISCO STATE: CA ZIP: 94123 FORMER COMPANY: FORMER CONFORMED NAME: Oaktree Acquisition Corp. DATE OF NAME CHANGE: 20190412 10-Q 1 hims-20240331.htm 10-Q hims-20240331 FALSE 2024 Q1 0001773751 12/31 P4Y 2.083 2.083 0 185,103 276 0001773751 2024-01-01 2024-03-31 0001773751 us-gaap:CommonClassAMember 2024-05-03 xbrli:shares 0001773751 hims:CommonClassVMember 2024-05-03 0001773751 2024-03-31 iso4217:USD 0001773751 2023-12-31 0001773751 us-gaap:CommonClassAMember 2024-03-31 iso4217:USD xbrli:shares 0001773751 us-gaap:CommonClassAMember 2023-12-31 0001773751 hims:CommonClassVMember 2024-03-31 0001773751 hims:CommonClassVMember 2023-12-31 0001773751 2023-01-01 2023-03-31 0001773751 us-gaap:CommonStockMember 2023-12-31 0001773751 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001773751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001773751 us-gaap:RetainedEarningsMember 2023-12-31 0001773751 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001773751 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001773751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001773751 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001773751 us-gaap:CommonStockMember 2024-03-31 0001773751 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001773751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001773751 us-gaap:RetainedEarningsMember 2024-03-31 0001773751 us-gaap:CommonStockMember 2022-12-31 0001773751 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001773751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001773751 us-gaap:RetainedEarningsMember 2022-12-31 0001773751 2022-12-31 0001773751 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001773751 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001773751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001773751 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001773751 us-gaap:CommonStockMember 2023-03-31 0001773751 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001773751 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001773751 us-gaap:RetainedEarningsMember 2023-03-31 0001773751 2023-03-31 hims:reportingUnit 0001773751 us-gaap:SalesChannelDirectlyToConsumerMember 2024-01-01 2024-03-31 0001773751 us-gaap:SalesChannelDirectlyToConsumerMember 2023-01-01 2023-03-31 0001773751 us-gaap:SalesChannelThroughIntermediaryMember 2024-01-01 2024-03-31 0001773751 us-gaap:SalesChannelThroughIntermediaryMember 2023-01-01 2023-03-31 0001773751 us-gaap:USTreasuryBillSecuritiesMember 2024-03-31 0001773751 us-gaap:CorporateDebtSecuritiesMember 2024-03-31 0001773751 hims:GovernmentAndGovernmentAgencyMember 2024-03-31 0001773751 us-gaap:AssetBackedSecuritiesMember 2024-03-31 0001773751 us-gaap:USTreasuryBillSecuritiesMember 2023-12-31 0001773751 us-gaap:CorporateDebtSecuritiesMember 2023-12-31 0001773751 hims:GovernmentAndGovernmentAgencyMember 2023-12-31 0001773751 us-gaap:AssetBackedSecuritiesMember 2023-12-31 0001773751 us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2024-03-31 0001773