Company research
LogicMark, Inc.
CIK 1566826Updated Sep 27, 2026
SecurityLGMK · OTC · equity
Historical securities (1)
NXTDW · NASDAQ · warrant · closed Dec 3, 2024Name history
Nxt-ID, Inc. · through Feb 24, 2022
LGMK price & chart
Loading TradingView…
OTC:LGMK on TradingView ↗About the company
LogicMark, Inc. (OTC: LGMK) delivers advanced personal safety and medical alert solutions for people of all ages, empowering them to live with dignity and independence. With over 45 patents issued or pending, the Company’s proprietary Connected Care Platform integrates IoT devices, AI-powered sensors, and machine learning to enable real-time remote patient monitoring, fall detection, and instant caregiver alerts. LogicMark delivers secure, reliable connected-care solutions through the U.S. Department of Veterans Affairs, resellers, business-to-business and consumer channels, and through a U.S. General Services Administration (GSA) Multiple Award Schedule contract, enabling procurement by federal, state, and local governments. Learn more at www.logicmark.com.
In the news
LogicMark, Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results on March 25, 2026 ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 20,306,558Source | 14,221,337Source | 17,017,180Source | 25,641,124Source |
| Property, Plant and Equipment, NetUSD | 113,929Source | 112,605Source | 203,333Source | 255,578Source |
| GoodwillUSD | 3,143,662Source | 3,143,662Source | 3,143,662Source | 10,958,662Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,567,487Source | 3,800,000Source | 6,398,164Source | 6,977,114Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 5,812Source | 4,355Source | 13,647Source | 402,595Source |
| Inventory, NetUSD | 1,400,305Source | 1,048,963Source | 1,177,456Source | 1,745,211Source |
| Assets, CurrentUSD | 11,598,087Source | 5,336,905Source | 8,049,444Source | 9,534,005Source |
| Prepaid Expense and Other Assets, CurrentUSD | 681,265Source | 476,672Source | 460,177Source | 349,097Source |
| Operating Lease, Right-of-Use AssetUSD | 324,058Source | 48,641Source | 113,761Source | 182,363Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,215,229Source | 2,028,832Source | 2,104,664Source | 2,853,805Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 91Source | 240Source | 216Source | 961Source |
| Additional Paid in CapitalUSD | 132,597,001Source | 118,758,356Source | 112,946,891Source | 106,069,340Source |
| Retained Earnings (Accumulated Deficit)USD | -116,632,063Source | -109,164,636Source | -100,160,891Source | -85,610,282Source |
| Stockholders' Equity Attributable to ParentUSD | 16,284,029Source | 10,385,205Source | 13,105,216Source | 20,980,019Source |
| Liabilities and EquityUSD | 20,306,558Source | 14,221,337Source | 17,017,180Source | 25,641,124Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,932,330Source | 2,028,832Source | 2,052,822Source | 2,413,542Source |
| Accounts Payable, CurrentUSD | 563,990Source | 750,336Source | 901,624Source | 673,052Source |
| Other Liabilities, NoncurrentUSD | 282,899Source | — | 51,841Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,128,424Source | 1,053,301Source | 1,151,198Source | — |
| Deferred Tax Liabilities, NetUSD | — | — | — | 320,102Source |
| Dividends PayableUSD | — | — | — | 48,389Source |
| Short-term InvestmentsUSD | 5,900,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -6,924,965Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,245,198Source | 1,636,287Source | 1,577,440Source | 1,644,269Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,457Source | -9,292Source | -388,948Source | 303,846Source |
| Increase (Decrease) in InventoriesUSD | 351,342Source | -128,493Source | -567,755Source | 507,931Source |
| Increase (Decrease) in Accounts PayableUSD | -344,880Source | -276,625Source | 22,193Source | 180,621Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | -320,102Source | 124,468Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,060,338Source | -4,254,765Source | -4,315,480Source | -3,609,287Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -7,300,143Source | -1,460,561Source | -1,373,435Source | -1,308,157Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 71,255Source | 25,568Source | — | 282,466Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 12,121,053Source | 3,124,077Source | 5,049,977Source | -300,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,567,487Source | 3,806,915Source | 6,398,164Source | 7,037,102Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | — | 20,579Source | 3,152Source | — |
| Additional Financial Items | ||||
| AmortizationUSD | 800,000Source | — | — | — |
| Share-based Payment Arrangement, ExpenseUSD | — | 1,600,000Source | 1,600,000Source | — |
| Amortization of Debt Issuance CostsUSD | — | — | — | 15,029Source |
| Amortization of Intangible AssetsUSD | 761,796Source | 761,796Source | 761,796Source | 776,793Source |
| Capitalized Computer Software, AmortizationUSD | — | — | 1,000,000Source | — |
| Deferred Other Tax Expense (Benefit)USD | — | — | -320,102Source | 124,097Source |
| DepreciationUSD | 87,609Source | 114,643Source | 105,674Source | 26,888Source |
| Dividends PayableUSD | — | — | — | 48,389Source |
| Gain (Loss) on Disposition of AssetsUSD | -2,718Source | -1,654Source | — | — |
| General and Administrative ExpenseUSD | 7,857,086Source | 7,626,124Source | 8,478,947Source | 9,037,794Source |
| GoodwillUSD | 3,143,662Source | 3,143,662Source | 3,143,662Source | 10,958,662Source |
| Goodwill, Impairment LossUSD | — | — | 7,815,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | 6,924,965Source |
| Income Tax Expense (Benefit)USD | 14,853Source | 9,946Source | — | 137,956Source |
| Investment Income, InterestUSD | 397,658Source | 160,664Source | 221,871Source | — |
| Net Income (Loss) Attributable to ParentUSD | -7,467,427Source | -9,003,745Source | -14,550,609Source | -6,924,965Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -7,767,427Source | -9,303,745Source | -15,780,731Source | -7,253,421Source |
| Nonoperating Income (Expense)USD | 446,718Source | -1,323,068Source | — | 119,483Source |
| Operating Costs and ExpensesUSD | 1,420,813Source | 1,338,758Source | 1,142,596Source | — |
| Operating ExpensesUSD | 15,529,893Source | 14,286,724Source | 21,988,129Source | 14,137,335Source |
| Operating Lease, ExpenseUSD | 300,000Source | 300,000Source | 300,000Source | — |
| Other Nonoperating Income (Expense)USD | 49,060Source | -1,483,732Source | — | 119,483Source |
| Other Operating Income (Expense), NetUSD | — | — | 468,009Source | -374,389Source |
| Payments of Financing CostsUSD | — | — | 1,026,607Source | — |
| Proceeds from Issuance of Common StockUSD | 14,377,835Source | 4,492,198Source | 5,211,428Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | 64,361Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 11,425,463Source | 9,901,987Source | 9,929,629Source | 11,916,482Source |
| Cost of RevenueUSD | 3,794,862Source | 3,285,994Source | 3,269,967Source | 4,685,639Source |
| Operating Income (Loss)USD | -7,899,292Source | -7,670,731Source | -15,328,467Source | -6,906,492Source |
| Other Nonoperating Income (Expense)USD | 49,060Source | -1,483,732Source | — | 119,483Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -7,452,574Source | -8,993,799Source | -14,860,458Source | -6,787,009Source |
| Income Tax Expense (Benefit)USD | 14,853Source | 9,946Source | — | 137,956Source |
| Net Income (Loss) Attributable to ParentUSD | -7,467,427Source | -9,003,745Source | -14,550,609Source | -6,924,965Source |
| Earnings Per Share, BasicUSD per share | -13.06Source | -14.65Source | -11.66Source | -0.76Source |
| Earnings Per Share, DilutedUSD per share | -13.06Source | -14.65Source | -11.66Source | -0.76Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 594,946Source | 634,970Source | 1,353,333Source | 9,574,090Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 594,946Source | 634,970Source | 1,353,333Source | 9,574,090Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 761,796Source | 761,796Source | 761,796Source | 776,793Source |
| Capitalized Computer Software, AmortizationUSD | — | — | 1,000,000Source | — |
| Current Income Tax Expense (Benefit)USD | 14,853Source | 9,946Source | 10,253Source | 13,859Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 2,040,479Source | 1,610,427Source | 944,596Source | 828,137Source |
| General and Administrative ExpenseUSD | 7,857,086Source | 7,626,124Source | 8,478,947Source | 9,037,794Source |
| Goodwill, Impairment LossUSD | — | — | 7,815,000Source | — |
| Gross ProfitUSD | 7,630,601Source | 6,615,993Source | 6,659,662Source | 7,230,843Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | — | 6,924,965Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -7,452,574Source | -8,993,799Source | -14,860,458Source | — |
| Interest Income (Expense), NetUSD | — | — | 309,849Source | — |
| Investment Income, InterestUSD | 397,658Source | 160,664Source | 221,871Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -7,767,427Source | -9,303,745Source | -15,780,731Source | -7,253,421Source |
| Nonoperating Income (Expense)USD | 446,718Source | -1,323,068Source | — | 119,483Source |
| Operating Costs and ExpensesUSD | 1,420,813Source | 1,338,758Source | 1,142,596Source | — |
| Operating ExpensesUSD | 15,529,893Source | 14,286,724Source | 21,988,129Source | 14,137,335Source |
| Operating Lease, ExpenseUSD | 300,000Source | 300,000Source | 300,000Source | — |
| Other Cost and Expense, OperatingUSD | — | 557,783Source | 270,709Source | — |
| Other ExpensesUSD | 169,992Source | 317,313Source | 147,506Source | — |
| Other IncomeUSD | — | — | 246,138Source | — |
| Other Operating Income (Expense), NetUSD | — | — | 468,009Source | -374,389Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 300,000Source | — | 300,000Source | 328,456Source |
| Research and Development ExpenseUSD | 617,369Source | 558,621Source | 982,684Source | 1,241,265Source |
| Selling and Marketing ExpenseUSD | — | 2,277,698Source | 2,206,091Source | 1,200,300Source |
Offerings
Registration 333-284135
- Gross proceeds
- 14377835.75
- Net proceeds
- 13360052.2
- Deal price
- 0.59
- Shares
- 24369213
- Offering price
- $0.59
- Ticker
- LGMK
Filing attachments
ea029103801ex99-1.htm · 8-K · 2026-05-15
EX-99.1 2 ea029103801ex99-1.htm PRESS RELEASE, DATED MAY 13, 2026 Exhibit 99.1 LogicMark, Inc. Announces Strong First Quarter 2026 Results May 13, 2026 Revenue Up 24% as Gross Margin Expands to 69.6% and Operating Loss Narrows LOUISVILLE, Ky., May 13, 2026 (GLOBE NEWSWIRE) -- LogicMark, Inc. (OTC: LGMK) (the “Company”), a provider of personal safety and emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announce…
Read attachment ↗ea029103801ex99-2.htm · 8-K · 2026-05-15
EX-99.2 3 ea029103801ex99-2.htm TRANSCRIPT OF THE COMPANY'S INVESTOR WEBCAST HELD ON MAY 13, 2026 Exhibit 99.2 LogicMark (LGMK) (First Quarter 2026 Results) May 13, 2026 Corporate Speakers: Chia-Lin Simmons: President and Chief Executive Officer, LogicMark Mark Archer: Chief Financial Officer, LogicMark Participants: Marla Marin: Zacks Small Cap Research Analyst PRESENTATION Operator Good afternoon. And welcome to LogicMark’s First Quarter 2026 Conference Call. The spea…
Read attachment ↗ea028350001ex99-1.htm · 8-K · 2026-03-27
EX-99.1 2 ea028350001ex99-1.htm PRESS RELEASE, DATED MARCH 25, 2026 Exhibit 99.1 LogicMark, Inc. Announces Strong Fourth Quarter and Full Year 2025 Results Quarterly Revenue Surges 36% as Gross Margin Expands to 69.8% Louisville, KY, March 25, 2026-- LogicMark, Inc. (OTC: LGMK) (the “Company”), a provider of personal safety and emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced financial and operational…
Read attachment ↗ea028350001ex99-2.htm · 8-K · 2026-03-27
EX-99.2 3 ea028350001ex99-2.htm TRANSCRIPT OF THE COMPANY'S INVESTOR WEBCAST HELD ON MARCH 25, 2026 Exhibit 99.2 LogicMark, Inc. Call (Fourth Quarter and Full Year 2025) March 25, 2026 ──────────────────────────────────────────────────────────── Corporate Speakers Chia-Lin Simmons: Chief Executive Officer, LogicMark Mark Archer: Chief Financial Officer, LogicMark Participant Marla Marin: Analyst, Zacks Small Cap Research PRESENTATION ──────────────── Operator: Good af…
Read attachment ↗ea026559801ex99-1_logic.htm · 8-K · 2025-11-13
EX-99.1 2 ea026559801ex99-1_logic.htm PRESS RELEASE, DATED NOVEMBER 12, 2025 Exhibit 99.1 LogicMark, Inc. Announces Third Quarter 2025 Results Revenue increases 8% Year-Over-Year and 9% Year-To-Date Louisville, KY., November 12, 2025 -- LogicMark, Inc. (OTC: LGMKD) (the Company), a provider of personal safety and emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced financial and operational results for th…
Read attachment ↗ea026559801ex99-2_logic.htm · 8-K · 2025-11-13
EX-99.2 3 ea026559801ex99-2_logic.htm TRANSCRIPT OF THE COMPANY'S INVESTOR WEBCAST HELD ON NOVEMBER 12, 2025 Exhibit 99.2 LogicMark, Inc. (Q3 2025 Results) November 12, 2025 Corporate Speakers: Chia-Lin Simmons; LogicMark; Chief Executive Officer Mark Archer; LogicMark; Chief Financial Officer PRESENTATION Operator: Good afternoon. And thank you for participating in today’s LogicMark Third Quarter 2025 Conference Call. Today, our speakers will be Chia-Lin Simmons, Chief Executive…
Read attachment ↗