LogicMark, Inc. (LGMK) Financials

$1.63

south_east
-$0.06 (-3.55%)
Day's range
$1.56
Day's range
$1.75

LGMK Income statement / Annual

Last year (2023), LogicMark, Inc.'s total revenue was $9.93 M, a decrease of 16.67% from the previous year. In 2023, LogicMark, Inc.'s net income was -$14.55 M. See LogicMark, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $9.93 M $11.92 M $10.02 M $11.44 M $17.14 M $17.12 M $23.32 M $7.74 M $616,854.00 $0.00
Cost of Revenue $3.27 M $4.69 M $4.34 M $3.24 M $4.37 M $4.80 M $11.69 M $4.43 M $1.82 M $0.00
Gross Profit $6.66 M $7.23 M $5.68 M $8.20 M $12.77 M $12.31 M $11.63 M $3.30 M -$1.21 M $0.00
Gross Profit Ratio 0.67 0.61 0.57 0.72 0.75 0.72 0.5 0.43 -1.96 0
Research and Development Expenses $982,684.00 $1.24 M $765,659.00 $1.11 M $1.21 M $761,722.00 $1.67 M $888,187.00 $2.73 M $1.42 M
General & Administrative Expenses $8.48 M $9.04 M $6.70 M $5.28 M $5.70 M $6.85 M $8.70 M $6.24 M $3.57 M $2.43 M
Selling & Marketing Expenses $2.48 M $1.20 M $1.24 M $2.40 M $3.28 M $4.11 M $4.90 M $2.88 M $3.42 M $1.40 M
Selling, General & Administrative Expenses $10.96 M $10.24 M $7.94 M $7.68 M $8.98 M $10.96 M $13.60 M $9.12 M $6.99 M $3.83 M
Other Expenses $10.05 M $2.66 M $179,389.00 $0.00 $85,111.00 $1.50 M $1.50 M $0.00 $0.00 $0.00
Operating Expenses $21.99 M $14.14 M $8.71 M $8.79 M $10.19 M $11.73 M $15.27 M $10.01 M $9.72 M $5.25 M
Cost And Expenses $25.26 M $18.82 M $13.05 M $12.03 M $14.56 M $16.53 M $26.96 M $14.45 M $11.54 M $5.25 M
Interest Income $221,871.00 $119,483.00 $1.42 M $2.25 M $3.02 M $0.00 $0.00 $23.00 $727.00 $1,235.00
Interest Expense $0.00 $119,483.00 $1.42 M $2.25 M $3.02 M $2.97 M $7.74 M $3.28 M $1.25 M $30,744.00
Depreciation & Amortization $944,596.00 $828,137.00 $791,023.00 $827,662.00 $835,907.00 $905,754.00 $921,475.00 $579,241.00 $183,196.00 $12,473.00
EBITDA -$6.65 M -$6.10 M -$2.24 M $241,584.00 $3.41 M $1.49 M $229,915.00 -$8.70 M -$11.64 M -$5.23 M
EBITDA Ratio -0.67 -0.51 -0.22 0.02 0.2 0.17 -0.04 -0.79 -17.41 0
Operating Income Ratio -1.54 -0.58 -0.3 -0.05 0.15 0.03 -0.16 -0.87 -17.71 0
Total Other Income/Expenses Net $468,009.00 $119,483.00 -$8.30 M -$2.25 M -$5.28 M -$1.88 M -$6.24 M -$5.85 M -$2.15 M -$1.83 M
Income Before Tax -$14.86 M -$6.79 M -$11.50 M -$2.84 M -$2.70 M -$1.29 M -$9.88 M -$12.56 M -$13.07 M -$7.08 M
Income Before Tax Ratio -1.5 -0.57 -1.15 -0.25 -0.16 -0.08 -0.42 -1.62 -21.19 0
Income Tax Expense -$309,849.00 $137,956.00 $204,269.00 $24,886.00 -$332,571.00 $34,323.00 -$1.61 M $196,035.00 $4,307.00 $843.00
Net Income -$14.55 M -$6.92 M -$11.71 M -$2.86 M -$2.37 M -$7.09 M -$8.26 M -$12.75 M -$13.08 M -$7.08 M
Net Income Ratio -1.47 -0.58 -1.17 -0.25 -0.14 -0.41 -0.35 -1.65 -21.2 0
EPS -11.66 -14.47 -37.12 -17.58 -16.49 -57.73 -129.02 -413.24 -964.73 -619.45
EPS Diluted -11.66 -14.47 -37.12 -17.58 -16.49 -57.73 -129.02 -413.24 -964.73 -619.45
Weighted Average Shares Out $1.35 M $478,704.00 $315,395.00 $162,947.00 $143,587.00 $122,808.00 $64,061.00 $30,861.00 $13,555.00 $11,424.00
Weighted Average Shares Out Diluted $1.35 M $478,704.00 $315,395.00 $162,947.00 $143,587.00 $122,808.00 $64,061.00 $30,861.00 $13,555.00 $11,424.00
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