LOGICMARK (LGMK) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LGMK SEC filings page.
LOGICMARK INC (LGMK) reported $12.5M in revenue over the twelve months to Jun 30, 2026, up 20.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue recovered in FY2025, but operating costs still exceeded gross profit, leaving financing—not operations—to rebuild liquidity.
At66.8% , gross margin was unchanged from FY2024, while SG&A fell to$7.9M but still remained large relative to gross profit. That cost structure left a net loss of$7.5M and operating cash flow of-$5.1M , so earnings and cash consumption still agree on the business's operating strain.
The FY2023–FY2025 pattern is low-capital-intensity but persistently cash-consuming: FY2025 capital expenditures were only
FY2025 financing supplied
Financial Health Signals
LOGICMARK INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
LOGICMARK INC scores -7.87, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $116.6M against total assets of $20.3M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
LOGICMARK INC passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
LOGICMARK INC reported a net loss of $7.5M while operations used $5.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
LOGICMARK INC generated $3.3M in revenue in Q2 2026. This represents an increase of 17.4% from the same quarter a year earlier. Against the prior quarter it is up 4.2%.
LOGICMARK INC's EBITDA was -$995K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
LOGICMARK INC reported a net loss of $1.6M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
LOGICMARK INC earned -$1.81 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
LOGICMARK INC generated $48K in free cash flow in Q2 2026, representing cash available after capex. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
LOGICMARK INC held $3.5M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
LOGICMARK INC's gross margin was 70.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 3.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
LOGICMARK INC's operating margin was -47.6% in Q2 2026, reflecting core business profitability. This is up 27.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.
LOGICMARK INC's net profit margin was -46.3% in Q2 2026, showing the share of revenue converted to profit. This is up 25.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.
LOGICMARK INC's quarterly ROE was -11.8% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.0 percentage points.
Capital Allocation
LOGICMARK INC invested $91K in research and development in Q2 2026. This represents a decrease of 33.8% from the same quarter a year earlier. Against the prior quarter it is down 25.9%.
LOGICMARK INC invested $35K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is up 31.2%.
Not reported for Q2 2026.
LGMK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M+17.4% | $3.2M+24.0% | $3.1M+36.3% | $2.9M+7.7% | $2.9M+22.1% | $2.6M-0.7% | $2.2M-7.3% | $2.7M+14.3% |
| Cost of Revenue | $981K+5.9% | $977K+3.3% | $926K+22.4% | $996K+10.2% | $926K+18.5% | $947K+12.2% | $757K-64.3% | $904K+803.8% |
| Gross Profit | $2.4M+22.9% | $2.2M+36.0% | $2.1M+43.3% | $1.9M+6.5% | $1.9M+23.9% | $1.6M-6.9% | $1.5M-6.7% | $1.8M+12.8% |
| R&D Expenses | $91K-33.8% | $123K-20.6% | $162K+5.1% | $161K+67.0% | $138K+3.4% | $155K-10.6% | $155K-12.1% | $97K-60.2% |
| SG&A Expenses | $2.0M-35.3% | $1.7M-38.0% | -$482K-119.3% | $2.5M+9.0% | $3.0M+16.5% | $2.8M+12.1% | $2.5M+8.5% | $2.3M-8.3% |
| Operating Income | -$1.6Mn/m | -$1.5Mn/m | -$1.7Mn/m | -$1.7Mn/m | -$2.1Mn/m | -$2.4Mn/m | -$2.2Mn/m | -$1.6Mn/m |
| EBITDA | -$995Kn/m | -$893Kn/m | -$1.1Mn/m | -$1.2Mn/m | -$1.6Mn/m | -$1.9Mn/m | -$1.7Mn/m | -$1.2Mn/m |
| Net Income | -$1.6Mn/m | -$1.5Mn/m | -$1.6Mn/m | -$1.6Mn/m | -$2.1Mn/m | -$2.2Mn/m | -$3.7Mn/m | -$1.5Mn/m |
| EPS (Basic) | -$1.81 | -$1.68 | -$1.08 | -$2.21 | -$2.90 | -$0.09 | N/A | -$3732.56 |
| EPS (Diluted) | -$1.81 | -$1.68 | -$1.08 | -$2.21 | -$2.90 | -$93.50 | N/A | -$3732.56 |
| Diluted Shares (Avg) | 900,179 | 906,059 | N/A | 768,407 | 733,023 | 24,235 | N/A | 427 |
Not reported in any period shown, so not listed: Interest Expense, Income Tax.
LGMK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.0M-27.4% | $18.5M-26.6% | $20.3M+42.8% | $22.4M+39.5% | $23.5M+75.3% | $25.2M+60.2% | $14.2M-16.4% | $16.0M-36.2% |
| Current Assets | $8.7M-40.2% | $10.0M-39.2% | $11.6M+117.3% | $13.5M+93.0% | $14.5M+227.6% | $16.5M+143.1% | $5.3M-33.7% | $7.0M-18.2% |
| Cash & Equivalents | $3.5M-30.1% | $2.1M-76.6% | $3.6M-6.3% | $4.1M-26.3% | $5.0M+68.9% | $9.0M+78.3% | $3.8M-40.5% | $5.6M-16.4% |
| Short-Term Investments | $3.1Mn/m | $5.4Mn/m | $5.9Mn/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $1.2M+51.1% | $1.8M+167.0% | $1.4M+33.5% | $1.0M+28.1% | $790K+16.5% | $690K-22.3% | $1.0M-10.9% | $819K-27.9% |
| Accounts Receivable | $9K-93.8% | $6K-97.3% | $6K+33.5% | $8K-92.9% | $149K+1149.9% | $235K-9.6% | $4K-68.1% | $117K+855.7% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $3.1M0.0% | $3.1M0.0% | $3.1M0.0% | $3.1M0.0% | $3.1M0.0% | $3.1M0.0% | $3.1M0.0% | $3.1M-71.3% |
| Total Liabilities | $2.0M-9.6% | $1.9M-15.5% | $2.2M+9.2% | $2.7M+45.3% | $2.2M+40.3% | $2.2M-2.6% | $2.0M-3.6% | $1.9M-18.8% |
| Current Liabilities | $1.8M-7.5% | $1.6M-27.0% | $1.9M-4.8% | $2.4M+28.1% | $1.9M+20.9% | $2.2M-2.1% | $2.0M-1.2% | $1.9M-2.4% |
| Non-Current Liabilities | $255K-21.9% | $269K+1096.7% | $283Kn/m | $323Kn/m | $326K+2337.8% | $22K-31.7% | $0-100.0% | $0-100.0% |
| Long-Term Debt | N/A | N/A | N/A | N/A | $309K | N/A | N/A | N/A |
| Total Equity | $13.2M-32.0% | $14.8M-30.0% | $16.3M+56.8% | $17.8M+44.4% | $19.4M+94.7% | $21.2M+81.7% | $10.4M-20.8% | $12.4M-41.2% |
| Retained Earnings | -$119.6Mn/m | -$118.1Mn/m | -$116.6Mn/m | -$115.0Mn/m | -$113.4Mn/m | -$111.4Mn/m | -$109.2Mn/m | -$105.5Mn/m |
LGMK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $83Kn/m | -$1.6Mn/m | -$1.6Mn/m | -$759Kn/m | -$1.0Mn/m | -$1.7Mn/m | -$993Kn/m | -$643Kn/m |
| Depreciation & Amortization | $599K+21.2% | $612K+22.6% | $542K+12.0% | $505K+25.4% | $494K+30.7% | $499K+44.5% | $484K+64.0% | $403K+85.0% |
| Stock-Based Compensation | N/A | $80K-82.4% | N/A | N/A | N/A | $454K+8.8% | N/A | N/A |
| Capital Expenditures | $35K | $27K | $49K+1965.1% | $17K+156.4% | N/A | N/A | $2K+0.5% | $7K |
| Free Cash Flow | $48K | -$1.7M | -$1.7Mn/m | -$776Kn/m | N/A | N/A | -$996Kn/m | -$649K |
| Investing Cash Flow | $1.8Mn/m | $264Kn/m | $1.3Mn/m | -$5Kn/m | -$2.4Mn/m | -$6.2Mn/m | -$411Kn/m | -$483Kn/m |
| Financing Cash Flow | -$524Kn/m | -$75K-100.6% | -$223Kn/m | -$132K-103.5% | -$526Kn/m | $13.0Mn/m | -$375K-152.2% | $3.8Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LGMK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.7%+3.2pp | 69.6%+6.1pp | 69.8%+3.4pp | 65.8%-0.8pp | 67.5%+1.0pp | 63.5%-4.2pp | 66.3%+0.4pp | 66.6%-0.9pp |
| Operating Margin | -47.6%+27.1pp | -46.8%+44.4pp | -54.4%+43.2pp | -59.6%-0.4pp | -74.7%+13.9pp | -91.2%-22.1pp | -97.6% | -59.1%+16.1pp |
| Net Margin | -46.3%+25.6pp | -45.1%+39.4pp | -52.1% | -55.8%+0.4pp | -71.9%+15.3pp | -84.5%-17.7pp | -164.6% | -56.1%+4.9pp |
| Return on Equity | -11.8%-1.2pp | -9.8%+0.6pp | -9.8%+25.8pp | -9.1%+3.2pp | -10.6%+9.9pp | -10.3%+4.6pp | -35.6%+33.1pp | -12.3%-5.4pp |
| Return on Assets | -9.1%-0.4pp | -7.8%+0.9pp | -7.9%+18.2pp | -7.3%+2.2pp | -8.8%+6.5pp | -8.7%+2.4pp | -26.0%+26.9pp | -9.5%-3.7pp |
| Current Ratio | 4.88-2.7x | 6.30-1.3x | 6.00+3.4x | 5.61+1.9x | 7.54+4.8x | 7.56+4.5x | 2.63-1.3x | 3.73-0.7x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | 0.02 | N/A | N/A | N/A |
| Liabilities-to-Equity | 0.150.0x | 0.130.0x | 0.14-0.1x | 0.150.0x | 0.120.0x | 0.10-0.1x | 0.200.0x | 0.150.0x |
| Asset Turnover | 0.20+0.1x | 0.17+0.1x | 0.150.0x | 0.130.0x | 0.12-0.1x | 0.10-0.1x | 0.160.0x | 0.17+0.1x |
| FCF Margin | 1.4% | -52.1% | -55.1%-10.9pp | -26.6%-2.6pp | N/A | N/A | -44.3%-14.3pp | -24.0% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| LOGICMARK INC LGMK | FY2025 | $11.4M | -$7.5M | -65.4% | $1.2M | — |
| MITESCO INC MITI | FY2025 | $39K | $499K | N/A | $1.5M | — |
Where LOGICMARK INC Ranks
Frequently Asked Questions
What is LOGICMARK INC's annual revenue?
LOGICMARK INC (LGMK) reported $11.4M in total revenue for fiscal year 2025. This represents a 15.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is LOGICMARK INC's revenue growing?
LOGICMARK INC (LGMK) revenue grew by 15.4% year-over-year, from $9.9M to $11.4M in fiscal year 2025.
Is LOGICMARK INC profitable?
No, LOGICMARK INC (LGMK) reported a net loss of $6.2M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $7.5M, with a net profit margin of -65.4%.
What is LOGICMARK INC's EBITDA?
LOGICMARK INC (LGMK) had EBITDA of -$5.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is LOGICMARK INC's gross margin?
LOGICMARK INC (LGMK) had a gross margin of 66.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is LOGICMARK INC's operating margin?
LOGICMARK INC (LGMK) had an operating margin of -69.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is LOGICMARK INC's net profit margin?
LOGICMARK INC (LGMK) had a net profit margin of -65.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is LOGICMARK INC's return on equity (ROE)?
LOGICMARK INC (LGMK) has a return on equity of -45.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is LOGICMARK INC's free cash flow?
LOGICMARK INC (LGMK) recorded an outflow of $5.1M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is LOGICMARK INC's operating cash flow?
LOGICMARK INC (LGMK) recorded an outflow of $5.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are LOGICMARK INC's total assets?
LOGICMARK INC (LGMK) had $20.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are LOGICMARK INC's capital expenditures?
LOGICMARK INC (LGMK) invested $71K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does LOGICMARK INC spend on research and development?
LOGICMARK INC (LGMK) invested $617K in research and development during fiscal year 2025.
What is LOGICMARK INC's current ratio?
LOGICMARK INC (LGMK) had a current ratio of 6.00 as of fiscal year 2025, which is generally considered healthy.
What is LOGICMARK INC's liabilities-to-equity ratio?
LOGICMARK INC (LGMK) had a liabilities-to-equity ratio of 0.14 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is LOGICMARK INC's return on assets (ROA)?
LOGICMARK INC (LGMK) had a return on assets of -36.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is LOGICMARK INC's P/E ratio?
LOGICMARK INC (LGMK) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.2M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is LOGICMARK INC's price-to-sales ratio?
LOGICMARK INC (LGMK) trades at 0.1x sales, its market capitalization divided by $12.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.2M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does LOGICMARK INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, LOGICMARK INC (LGMK) held $9.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $5.1M over that year. Dividing the one by the other, the reported balance equals about 22 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is LOGICMARK INC's Altman Z-Score?
LOGICMARK INC (LGMK) has an Altman Z-Score of -7.87, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is LOGICMARK INC's Piotroski F-Score?
LOGICMARK INC (LGMK) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are LOGICMARK INC's earnings high quality?
LOGICMARK INC (LGMK) reported a net loss of $7.5M while operations used $5.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.