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 |
$5.36 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 |
$4.57 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 |
0.46 |
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 |
$246,138.00 |
$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 |
$11.94 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 |
$17.30 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 |
-$6.42 M
|
-$6.08 M
|
-$2.24 M
|
$241,584.00
|
$3.50 M
|
$2.99 M
|
-$877,557.00
|
-$6.13 M
|
-$10.74 M
|
-$5.23 M
|
| EBITDA Ratio |
-0.65 |
-0.51 |
-0.22 |
0.02 |
0.2 |
0.17 |
-0.04 |
-0.79 |
-17.41 |
0 |
| Operating Income Ratio
|
-0.74
|
-0.58
|
-0.3
|
-0.05
|
0.15
|
0.03
|
-0.16
|
-0.87
|
-17.71
|
0
|
| Total Other
Income/Expenses Net |
-$7.49 M
|
$119,483.00
|
-$8.48 M
|
-$2.25 M
|
-$5.28 M
|
$1.09 M
|
$1.50 M
|
-$2.57 M
|
-$899,016.00
|
-$1.80 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 |
-10.75 |
-14.47 |
-37.12 |
-17.58 |
-16.49 |
-57.73 |
-129.02 |
-413.24 |
-964.73 |
-619.45 |
| EPS Diluted |
-10.75 |
-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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