LGMK on OTC

LogicMark, Inc.

American orthopedic company that raised $250,000 in 2026 (SEC Form D). Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with MILESTONE SCIENTIFIC INC., Jin Medical International Ltd. or MYOMO, INC., or pick any stock.

  • TickerLGMK on OTC1
  • IndustryOrthopedic, Prosthetic & Surgical Appliances & Supplies1
  • HeadquartersLouisville, Kentucky1
  • Incorporated inNV2
  • Business address2801 Diode Lane, Louisville, Ky 402992
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

See how the biggest companies compare on our leaderboards

The “Silver Tsunami”. With 11,000 Baby Boomers turning 65 in the U.S. every day, there will be more older adults than children under 18 for the first time in the near future. With 65 million “Baby Boomers” in the United States, they are not only one of the largest generations, but the wealthiest. Unlike generations before them, Baby Boomers are reliant and comfortable with technology. Most of them expect to live independently at their home.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

66.8%Gross margin4
-69.1%Operating margin4
-65.4%Net margin4
15.4%Revenue growth, 20254
-45.9%Return on equity4
-$5.1MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 92% of the revenue LogicMark, Inc. broke down this way in fiscal 2025.

  1. Product$10.5M492%up 7% from 2024
  2. Subscription and Circulation$919.4K48%up 1044% from 2024
Products and services by year
Products and services20242025
Product$9.8M$10.5M
Subscription and Circulation$80.4K$919.4K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue33¢$3.8M
  • Research and development5¢$617.4K
  • Other costs61¢$7.0M
  • Income tax0¢$14.9K

Out of $11.4M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$11.4M in 2025−33% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $17.1M$17.1M20192020: $11.4M$11.4M2020−33%2021: $10.0M$10.0M2021−12%2022: $11.9M$11.9M2022+19%2023: $9.9M$9.9M2023−17%2024: $9.9M$9.9M2024−0%2025: $11.4M$11.4M2025+15%
Gross profit567894$7.6M in 2025−40% since 2019
0$5.0M$10.0M$15.0M2019: $12.8M$12.8M20192020: $7.7M$7.7M2020−40%2021: $5.8M$5.8M2021−25%2022: $7.2M$7.2M2022+25%2023: $6.7M$6.7M2023−8%2024: $6.6M$6.6M2024−1%2025: $7.6M$7.6M2025+15%
Operating income567894-$7.9M in 2025
-$20.0M-$15.0M-$10.0M-$5.0M0$5.0M2019: $2.6M$2.6M20192020: -$586.1K-$586.1K20202021: -$7.5M-$7.5M2021+1188%2022: -$6.9M-$6.9M2022−8%2023: -$15.3M-$15.3M2023+122%2024: -$7.7M-$7.7M2024−50%2025: -$7.9M-$7.9M2025+3%
Net income567894-$7.5M in 2025−37% since 2019
-$15.0M-$10.0M-$5.0M02019: -$11.8M-$11.8M20192020: -$2.9M-$2.9M2020−76%2021: -$11.7M-$11.7M2021+309%2022: -$6.9M-$6.9M2022−41%2023: -$14.6M-$14.6M2023+110%2024: -$9.0M-$9.0M2024−38%2025: -$7.5M-$7.5M2025−17%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Revenues$11.4M$9.9M
Costs of goods sold$3.8M$3.3M
Gross Profit$7.6M$6.6M
Direct operating cost$1.4M$1.3M
Advertising cost$403.5K$557.8K
Selling and marketing$3.0M$2.3M
Research and development$617.4K$558.6K
General and administrative$7.9M$7.6M
Other expense$170.0K$317.3K
Depreciation and amortization$2.0M$1.6M
Total Operating Expenses$15.5M$14.3M
Operating Loss-$7.9M-$7.7M
Interest income$397.7K$160.7K
Other income (expense), net$49.1K-$1.5M
Total Other Income (Expense), Net$446.7K-$1.3M
Loss before Income Taxes-$7.5M-$9.0M
Income tax expense$14.9K$9.9K
Net Loss-$7.5M-$9.0M
Preferred stock dividends-$300.0K-$300.0K
Net Loss Attributable to Common and Participating Preferred Stockholders-$7.8M-$9.3M
Net Loss Attributable to Common and Participating Preferred Stockholders Per Share - Basic (in Dollars per share)-$13.06-$10,971.40
Net Loss Attributable to Common and Participating Preferred Stockholders Per Share - Diluted (in Dollars per share)-$13.06-$10,971.40
Weighted Average Number of Common Shares Outstanding - Basic (in Shares)594.9K shares848 shares
Weighted Average Number of Common Shares Outstanding - Diluted (in Shares)594.9K shares848 shares

Compare LogicMark, Inc. with another company

Leadership

Who has led LogicMark, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gino Miguel Pereira2013–2017
  2. Chia-Lin Simmons2021–now

President

  1. Chia-Lin Simmons2024–now

Chief financial officer

  1. Vincent S. Miceli2014–2015
  2. Mark Archer2022–now

Chief operating officer

  1. Michael Joseph Orlando2018
201520202025
Board members and other officers (15)

Former names

  • Nxt-ID, Inc.Jan 28, 2013 to Feb 24, 20222

Timeline

  1. Jun 23, 2021New chief executive Chia-Lin Simmons becomes CEO12
  2. May 22, 2013New chief executive Gino Miguel Pereira becomes CEO13

Filings

389 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 69 major events, 133 insider forms, 22 large holders, 1 private raises, 144 other. The latest 20:

  1. Oct 15, 202615-12G EDGAR
  2. Oct 15, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 3 TO FORM S-1 EDGAR
  3. Oct 15, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 3 TO FORM S-1 EDGAR
  4. Oct 15, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1 EDGAR
  5. Oct 15, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 2 TO FORM S-1 EDGAR
  6. Oct 15, 2026POS AM POST-EFFECTIVE AMENDMENT NO. 2 TO FORM S-1 EDGAR
  7. Oct 15, 20264 EDGAR
  8. Oct 15, 20264 EDGAR
  9. Oct 15, 20264 EDGAR
  10. Oct 15, 20264 EDGAR
  11. Oct 15, 20264 EDGAR
  12. Oct 15, 20264 EDGAR
  13. Oct 15, 20264 EDGAR
  14. Oct 15, 2026SCHEDULE 13D/A EDGAR
  15. Oct 15, 2026SC 13E3/A AMENDMENT NO. 3 TO SCHEDULE 13E-3 EDGAR
  16. Oct 13, 20268-K CURRENT REPORT EDGAR
  17. Oct 7, 20268-K CURRENT REPORT EDGAR
  18. Oct 2, 2026SCHEDULE 13D EDGAR
  19. Sep 9, 2026SC 13E3/A AMENDMENT NO. 2 TO SCHEDULE 13E-3 EDGAR
  20. Sep 9, 2026DEFR14A PROXY STATEMENT EDGAR

The 389 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

7 open-market trades by officers, directors and large owners since October 2021: 7 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Oct 16, 2024Matthews Jourdan10% ownerBuy1,024,400$0.09$92.2KForm 4
Oct 16, 2024Matthews Jourdan10% ownerBuy1,024,400$0.09$92.2KForm 4
Oct 15, 2024Matthews Jourdan10% ownerBuy232,857$0.09$21.0KForm 4
Oct 15, 2024Matthews Jourdan10% ownerBuy2,104,107$0.08$168.3KForm 4
Oct 10, 2024Matthews Jourdan10% ownerBuy380$0.09$34Form 4
Oct 9, 2024Matthews Jourdan10% ownerBuy336,100$0.10$33.6KForm 4
Jun 22, 2022Curtis Robert ArthurDirectorBuy10,000$1.15$11.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jul 28, 2026Raised $250,000 in a private offering of equity Form D: 1 investor so far Form D

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36