LogicMark, Inc. Income Statement
LGMK|12 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
LogicMark, Inc. reported $11M in revenue and $7M in net loss for FY2025. Revenue has grown at a 33.9% compound annual rate over the past 10 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -3.47 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4M | $9.9M | $9.9M | $11.9M | $10.0M | $11.4M | $17.1M | $17.1M | $16.0M | $7.7M | $616.9K | $0 |
| Cost of Revenue | $3.8M | $3.3M | $3.3M | $4.7M | $4.2M | $3.8M | $4.4M | $4.8M | $5.1M | $4.4M | $1.8M | $0 |
| Gross Profit | $7.6M | $6.6M | $6.7M | $7.2M | $5.8M | $7.7M | $12.8M | $12.3M | $11.0M | $3.3M | -$1.2M | $0 |
| SG&A Expense | $7.9M | $7.6M | $8.5M | $9.0M | $5.8M | $5.3M | $5.7M | $6.9M | $8.1M | $6.2M | $3.6M | $835.2K |
| R&D Expense | $617.4K | $558.6K | $982.7K | $1.2M | $932.6K | $1.1M | $1.2M | $761.7K | $761.0K | $888.2K | $2.7M | $518.6K |
| Operating Income | -$7.9M | -$7.7M | -$15.3M | -$6.9M | -$7.5M | -$586.1K | $2.6M | $587.5K | -$2.2M | -$6.7M | -$10.9M | -$1.4M |
| Interest Expense | - | - | - | - | $1.4M | $2.3M | $3.0M | $3.0M | $7.7M | $3.3M | $1.2M | $35.5K |
| Income Tax | $14.9K | $9.9K | -$309.8K | $138.0K | $204.3K | $24.9K | -$332.6K | $34.3K | $160.4K | $196.0K | $4.3K | $0 |
| Net Income | -$7.5M | -$9.0M | -$14.6M | -$6.9M | -$11.7M | -$2.9M | -$11.8M | -$7.1M | -$8.3M | -$12.8M | -$13.1M | -$1.5M |
| EPS (Basic) | -$10971.40 | -$291.52 | -$15.15 | -$2.23 | -$1.14 | - | - | - | - | - | - | - |
| EPS (Diluted) | -$10971.40 | -$291.52 | -$15.15 | -$2.23 | - | -$0.42 | -$0.29 | -$0.70 | -$2.24 | -$4.82 | -$0.31 | -$0.01 |
| Shares Outstanding | 3.2K | 86.0K | 480.4K | 9.2M | 4.1M | 30.0M | 25.2M | 23.6M | 7.4M | 4.4M | 24.8M | 20.8M |
| Gross Margin | 66.8% | 66.8% | 67.1% | 60.7% | 57.7% | 67.1% | 74.5% | 71.9% | 68.4% | 42.7% | -195.7% | - |
| Operating Margin | -69.1% | -77.5% | -154.4% | -58.0% | -75.3% | -5.1% | 15.0% | 3.4% | -13.4% | -86.7% | -1771.0% | - |
| Profit Margin | -65.4% | -90.9% | -146.5% | -58.1% | -116.8% | -25.0% | -68.8% | -41.4% | -51.5% | -164.8% | -2119.9% | - |