Company Description
LogicMark, Inc. (OTC: LGMKD) is a provider of personal safety and emergency response systems (PERS), health communications devices, and technology that supports the growing care and safety economy. According to company disclosures, LogicMark focuses on personal safety and medical alert solutions that are intended to help people of all ages live with dignity and independence.
The company describes its offering as advanced personal safety and medical alert solutions delivered through a proprietary Connected Care Platform. This platform integrates IoT devices, AI-powered sensors, and machine learning to enable real-time remote patient monitoring, fall detection, and instant caregiver alerts. These capabilities are designed to support proactive care and to give caregivers greater visibility into the safety and well-being of the people they support.
LogicMark’s technology is used in personal emergency response systems and health communications devices. The company has highlighted products such as the Freedom Alert Max combination PERS unit and cell phone, which incorporates Medication Reminders and Proactive Activity Metrics features. These features are intended to help caregivers track health issues and identify potential concerning health patterns, risks, and falls, supporting proactive care interventions. The company has also cited strong sales of Freedom Alert Mini units and an upgraded Guardian Alert 911 Plus as contributors to its recent revenue performance.
LogicMark states that it delivers secure, reliable connected care solutions through multiple channels. These channels include the U.S. Department of Veterans Affairs, resellers, business-to-business relationships, and direct-to-consumer sales. The company also notes that it participates in a U.S. General Services Administration (GSA) Multiple Award Schedule contract, which enables procurement of its offerings by federal, state, and local governments.
The company reports that it holds over 44 patents issued or pending related to its Connected Care Platform and associated technologies. These patents are tied to the integration of IoT devices, AI-powered sensors, and machine learning in the context of remote monitoring, fall detection, and caregiver alerting. LogicMark positions these capabilities as central to its approach to personal safety and connected care.
From a financial perspective, LogicMark has reported that its revenue is derived from sales of its personal safety and emergency response systems and related technology. In its discussion of recent results, the company has pointed to an ongoing shift toward business-to-business channels and stronger reseller momentum as factors supporting revenue growth. It has also described efforts to invest in commercial leadership, including additions to its sales and business development teams, while maintaining disciplined spending.
LogicMark’s disclosures emphasize a mission centered on safety, simplicity, and real-time visibility for seniors, caregivers, and healthcare partners, including U.S. veterans. The company has referenced a national safety survey that reinforced the importance of these principles and indicated that they guide its product roadmap and channel decisions. Through its connected care technologies and distribution relationships, LogicMark aims to deepen value for users who require reliable personal safety and medical alert solutions.
Following a reverse stock split, the company has indicated that its common stock is trading under the symbol LGMKD on an over-the-counter market. LogicMark has also stated that it expects to resume trading under the symbol LGMK upon completion of a symbol change process with FINRA.
Stock Performance
SEC Filings
No SEC filings available for LOGICMARK.
Financial Highlights
Upcoming Events
Short Interest History
Short interest in LOGICMARK (LGMKD) currently stands at 497 shares, down 28.1% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has decreased by 28.1%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for LOGICMARK (LGMKD) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.