LogicMark, Inc. financial data

Symbol
LGMK on Nasdaq
Industry
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Location
2801 Diode Lane, Louisville, KY
State of incorporation
NV
Fiscal year end
December 31
Former names
Nxt-ID, Inc. (to 2/24/2022)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 305 % -46.4%
Quick Ratio 44.4 % -34.4%
Debt-to-equity 17.5 % +79.7%
Return On Equity -81.2 % -11.9%
Return On Assets -60.7 % +0.72%
Operating Margin -77.5 % +49.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 60.6M shares +2658%
Common Stock, Shares, Outstanding 2.4M shares +2688%
Entity Public Float 1.24M USD -67.2%
Common Stock, Value, Issued 240 USD +2900%
Weighted Average Number of Shares Outstanding, Basic 635K shares +1073%
Weighted Average Number of Shares Outstanding, Diluted 635K shares +1073%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 9.9M USD -0.28%
Cost of Revenue 3.35M USD +17.4%
Research and Development Expense 559K USD -43.2%
Selling and Marketing Expense 2.33M USD +69.8%
General and Administrative Expense 7.63M USD -10.1%
Operating Income (Loss) -7.67M USD +50%
Nonoperating Income (Expense) 52.4K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.99M USD +39.5%
Net Income (Loss) Attributable to Parent -9M USD +38.1%
Earnings Per Share, Basic -14.7 USD/shares +95%
Earnings Per Share, Diluted -14.7 USD/shares +95%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.8M USD -40.6%
Accounts Receivable, after Allowance for Credit Loss, Current 4.36K USD -68.1%
Inventory, Net 1.05M USD -10.9%
Assets, Current 5.34M USD -33.7%
Property, Plant and Equipment, Net 113K USD -44.6%
Operating Lease, Right-of-Use Asset 48.6K USD -57.2%
Goodwill 3.14M USD 0%
Assets 14.2M USD -16.4%
Accounts Payable, Current 750K USD -16.8%
Accrued Liabilities, Current 1.05M USD -8.5%
Contract with Customer, Liability, Current 225K USD
Liabilities, Current 2.03M USD -1.17%
Other Liabilities, Noncurrent 13.4K USD
Liabilities 2.03M USD -3.6%
Retained Earnings (Accumulated Deficit) -109M USD -8.99%
Stockholders' Equity Attributable to Parent 10.4M USD -20.8%
Liabilities and Equity 14.2M USD -16.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.09M USD +21.1%
Net Cash Provided by (Used in) Financing Activities -91.6K USD -102%
Net Cash Provided by (Used in) Investing Activities -168K USD -17%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 2.4M shares +2688%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.81M USD -40.5%
Deferred Tax Assets, Valuation Allowance 19.6M USD -5.92%
Deferred Tax Assets, Gross 19.6M USD -6%
Operating Lease, Liability 51.8K USD -56.9%
Depreciation 28.2K USD +10.5%
Payments to Acquire Property, Plant, and Equipment 5.73K USD -84.5%
Lessee, Operating Lease, Liability, to be Paid 54.4K USD -59.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 54.4K USD -39.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 54.4K USD -32%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.56K USD -82%
Lessee, Operating Lease, Liability, to be Paid, Year Three 54.4K USD -32%
Deferred Tax Assets, Operating Loss Carryforwards 17.1M USD +11.5%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 54.4K USD 0%
Additional Paid in Capital 119M USD +5.15%
Amortization of Intangible Assets 190K USD 0%
Depreciation, Depletion and Amortization 25.5K USD +9841%
Deferred Tax Assets, Net of Valuation Allowance 13.5K USD -57.3%
Share-based Payment Arrangement, Expense 400K USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%