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-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 339 % -39.6%
Quick Ratio 46 % -36.6%
Debt-to-equity 16.7 % +71.3%
Return On Equity -122 % -235%
Return On Assets -92.1 % -200%
Operating Margin -147 % -71.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46.2M shares +3157%
Common Stock, Shares, Outstanding 11.9M shares +736%
Entity Public Float 3.78M USD -61.3%
Common Stock, Value, Issued 1.19K USD +736%
Weighted Average Number of Shares Outstanding, Basic 8M shares +479%
Weighted Average Number of Shares Outstanding, Diluted 8M shares +479%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 10.1M USD +4.44%
Cost of Revenue 3.35M USD +17.4%
Research and Development Expense 580K USD -51.9%
Selling and Marketing Expense 2.33M USD +69.8%
General and Administrative Expense 7.33M USD -16.4%
Operating Income (Loss) -14.9M USD -79%
Nonoperating Income (Expense) 52.4K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -14.6M USD -86.3%
Net Income (Loss) Attributable to Parent -14.3M USD -79.2%
Earnings Per Share, Basic -8.82 USD/shares +12.5%
Earnings Per Share, Diluted -8.82 USD/shares +12.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.59M USD -16.4%
Accounts Receivable, after Allowance for Credit Loss, Current 117K USD +856%
Inventory, Net 819K USD -27.9%
Assets, Current 7.01M USD -18.2%
Property, Plant and Equipment, Net 139K USD -39.1%
Operating Lease, Right-of-Use Asset 65.8K USD -48.9%
Goodwill 3.14M USD -71.3%
Assets 16M USD -36.2%
Accounts Payable, Current 549K USD -23.3%
Accrued Liabilities, Current 1.18M USD
Contract with Customer, Liability, Current 150K USD
Liabilities, Current 1.88M USD -2.4%
Other Liabilities, Noncurrent 13.4K USD
Liabilities 1.88M USD -18.8%
Retained Earnings (Accumulated Deficit) -105M USD -15.7%
Stockholders' Equity Attributable to Parent 12.4M USD -41.2%
Liabilities and Equity 16M USD -36.2%

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 11.9M shares +736%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.59M USD -17.2%
Deferred Tax Assets, Valuation Allowance 20.8M USD +20%
Deferred Tax Assets, Gross 20.9M USD +14.9%
Operating Lease, Liability 70.2K USD
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 74.8K USD -51.5%
Property, Plant and Equipment, Gross 738K USD +62%
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 +175%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.64K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 54.4K USD -32%
Deferred Tax Assets, Operating Loss Carryforwards 15.3M USD +11.6%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 54.4K USD 0%
Additional Paid in Capital 117M USD +5.04%
Amortization of Intangible Assets 190K USD 0%
Depreciation, Depletion and Amortization 25.5K USD +9841%
Share-based Payment Arrangement, Expense 400K USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%