The telehealth company reported a GAAP loss of $0.37 per share in the second quarter, compared to a profit of $0.17 per share in the year-earlier period. Gross margins also fell to 64% from 76% year-over-year. The results were impacted by an $81 million one-time cost, including expenses related to an acquisition, restructuring, and legal reserves tied to recent litigation with the Federal Trade Commission (FTC). The FTC filed a lawsuit against Hims & Hers on July 29, alleging it shared private health data with advertisers and made subscription cancellations difficult, claims the company has vowed to fight.