For the quarter ending 2025-09-30, LGMK made $2,915,081 in revenue. -$1,700,505 in net income. Net profit margin of -58.33%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 2,915,081 | 2,853,210 | 2,591,824 | 2,430,129 |
| Costs of goods sold | 996,015 | 925,910 | 946,597 | 821,498.5 |
| Advertising cost | - | - | - | 139,445.75 |
| Gross profit | 1,919,066 | 1,927,300 | 1,645,227 | 1,629,708 |
| Direct operating cost | 370,384 | 350,453 | 343,626 | 329,527 |
| Income tax expense | - | 0 | - | 2,486.5 |
| Advertising costs | 71,427 | 46,395 | 174,590 | - |
| Selling and marketing | 852,298 | 703,249 | 517,100 | 569,424.5 |
| Research and development | 161,441 | 138,115 | 155,489 | 164,207.5 |
| General and administrative | 1,683,594 | 2,313,034 | 2,269,504 | 1,957,788.5 |
| Other expense | 11,331 | 14,423 | 49,611 | 73,184 |
| Depreciation and amortization | 504,955 | 494,045 | 499,425 | 414,816 |
| Total operating expenses | 3,655,430 | 4,059,714 | 4,009,345 | 3,629,856.5 |
| Operating loss | -1,736,364 | -2,132,414 | -2,364,118 | -2,000,148.5 |
| Interest income | 138,928 | 133,648 | 45,213 | 467,485 |
| Other (expense) income | -28,069 | -53,906 | 127,919 | -798,252 |
| Total other income | 110,859 | 79,742 | 173,132 | -330,767 |
| Loss before income taxes | -1,625,505 | -2,052,672 | -2,190,986 | -2,718,068.5 |
| Net loss | -1,625,505 | -2,052,672 | -2,190,986 | -2,723,041.5 |
| Preferred stock dividends | 75,000 | 75,000 | 75,000 | 75,000 |
| Net loss attributable to common stockholders | -1,700,505 | -2,127,672 | -2,265,986 | -2,798,041.5 |
| Net loss attributable to common stockholders per share - basic (in dollars per share) | -2.21 | 0 | -0.12 | -6.745 |
| Net loss attributable to common stockholders per share - diluted (in dollars per share) | -2.21 | 0 | -0.12 | -6.745 |
| Weighted average number of common shares outstanding - basic (in shares) | 768,407 | 549,767,010 | 18,176,403 | -4,775,650.5 |
| Weighted average number of common shares outstanding - diluted (in shares) | 768,407 | 549,767,010 | 18,176,403 | -4,775,650.5 |
LogicMark, Inc. (LGMK)
LogicMark, Inc. (LGMK)