LGMK · As filed with the SEC
LogicMark income statement, by fiscal year
The statement as LogicMark presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Statements of Operations · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Revenues | 11,425,463 | 9,901,987 | 9,929,629 | 11,916,482 |
| Costs of goods sold | — | — | 3,269,967 | — |
| Costs of goods sold | 3,794,862 | 3,285,994 | — | 4,685,639 |
| Gross Profit | 7,630,601 | 6,615,993 | 6,659,662 | 7,230,843 |
| Operating Expenses | ||||
| Direct operating cost | — | — | — | 1,455,450 |
| Direct operating cost | 1,420,813 | 1,338,758 | 1,142,596 | — |
| Advertising cost | — | 557,783 | 270,709 | — |
| Selling and marketing | — | 2,277,698 | 2,206,091 | 1,200,300 |
| Advertising cost | 403,494 | — | — | — |
| Selling and marketing | 3,020,660 | — | — | — |
| Research and development | 617,369 | 558,621 | 982,684 | 1,241,265 |
| General and administrative | 7,857,086 | 7,626,124 | 8,478,947 | 9,037,794 |
| Other expense | 169,992 | 317,313 | 147,506 | — |
| Goodwill impairment | — | — | 7,815,000 | — |
| Depreciation and amortization | 2,040,479 | 1,610,427 | 944,596 | 828,137 |
| Total Operating Expenses | 15,529,893 | 14,286,724 | 21,988,129 | 14,137,335 |
| Operating Loss | (7,899,292) | (7,670,731) | (15,328,467) | (6,906,492) |
| Other Income | ||||
| Interest income | 397,658 | 160,664 | 221,871 | — |
| Other income | — | — | 246,138 | — |
| Total Other Income | — | — | 468,009 | 374,389 |
| Other income (expense), net | 49,060 | (1,483,732) | — | 119,483 |
| Total Other Income (Expense), Net | 446,718 | (1,323,068) | — | 119,483 |
| Loss before Income Taxes | (7,452,574) | (8,993,799) | (14,860,458) | (6,787,009) |
| Income tax (benefit) expense | — | — | (309,849) | — |
| Income tax expense | 14,853 | 9,946 | — | (137,956) |
| Net Loss | — | — | — | (6,924,965) |
| Net Loss | (7,467,427) | (9,003,745) | (14,550,609) | — |
| Preferred stock dividends | — | (300,000) | (930,122) | — |
| Preferred stock dividends | (300,000) | — | (300,000) | (328,456) |
| Net Loss Attributable to Common and Participating Preferred Stockholders | (7,767,427) | (9,303,745) | (15,780,731) | (7,253,421) |
| Net Loss Attributable to Common and Participating Preferred Stockholders Per Share - Basic (in Dollars per share) | (13.06) | (14.65) | (11.66) | (0.76) |
| Net Loss Attributable to Common and Participating Preferred Stockholders Per Share - Diluted (in Dollars per share) | (13.06) | (14.65) | — | — |
| Weighted Average Number of Common Shares Outstanding - Basic (in Shares) | 594,946 | 634,970 | 1,353,333 | 9,574,090 |
| Weighted Average Number of Common Shares Outstanding - Diluted (in Shares) | 594,946 | 634,970 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.