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TTENK/calls
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Home›LGMK›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

LogicMark, Inc. (LGMK) financials

Income statement

LogicMark, Inc. (LGMK) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$7.74M$16.0M$17.1M$17.1M$11.4M$10.0M$11.9M$9.93M$9.90M$11.4M
Revenue growth—107.4%6.7%0.1%-33.2%-12.4%18.9%-16.7%-0.3%15.4%
Gross profit$3.30M$11.0M$12.3M$12.8M$7.68M$5.79M$7.23M$6.66M$6.62M$7.63M
Gross margin42.7%68.4%71.9%74.5%67.1%57.7%60.7%67.1%66.8%66.8%
Operating income-$6.71M-$2.15M$587K$2.58M-$586K-$7.55M-$6.91M-$15.3M-$7.67M-$7.90M
Operating margin-86.7%-13.4%3.4%15.0%-5.1%-75.3%-58.0%-154.4%-77.5%-69.1%
Net income-$12.8M-$8.26M-$7.09M-$11.8M-$2.86M-$11.7M-$6.92M-$14.6M-$9.00M-$7.47M
Net margin-164.8%-51.5%-41.4%-68.8%-25.0%-116.8%-58.1%-146.5%-90.9%-65.4%
EPS (diluted)-$2.24-$0.70-$0.29-$0.42-$0.11-$2.23-$15.15-$291.52-$10,971.40-$13.06

Cash flow

LogicMark, Inc. (LGMK) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$950K-$5.61M-$50.2K$2.24M-$313K-$5.91M-$3.61M-$4.32M-$4.25M-$5.06M
Capital expenditures——————$282K$53.4K$25.6K$71.3K
Free cash flow——————-$3.89M-$4.37M-$4.28M-$5.13M

Balance sheet

LogicMark, Inc. (LGMK) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$3.34M$5.68M$425K$1.59M$4.39M$12.0M$6.98M$6.40M$3.81M$3.57M
Total assets$35.4M$48.2M$38.1M$25.0M$26.9M$30.1M$25.6M$17.0M$14.2M$20.3M
Total liabilities$32.6M$27.3M$21.5M$16.5M$16.0M$1.73M$2.85M$2.10M$2.03M$2.22M
Long-term debt—$586K$373K———————
Shareholders' equity$2.82M$19.1M$14.7M$6.71M$9.16M$26.6M$21.0M$13.1M$10.4M$16.3M
Retained earnings-$34.7M-$42.9M-$50.0M-$61.8M-$65.4M-$78.7M-$85.6M-$100M-$109M-$117M
Shares (wtd avg diluted)7.38M23.6M25.2M30.0M3.26M6.31M479K54.1B848M595K

Every figure is extracted from LogicMark, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is LogicMark, Inc.'s annual revenue?
LogicMark, Inc. (LGMK) reported $11.4M of revenue for fiscal year 2025 — up 15.4% from $9.90M in FY2024, per its annual report filed with the SEC.
Is LogicMark, Inc. profitable?
Not in FY2025 — LGMK reported a net loss of $7.47M, per SEC filings.
What is LogicMark, Inc.'s free cash flow?
-$5.13M in FY2025 (operating cash flow -$5.06M minus $71.3K of capital expenditures), from the SEC cash-flow statement.
Does LGMK pay a dividend?
LogicMark, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full LGMK analysis — verdict, score & filings →Is LGMK a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.