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LGMK on OTC

LogicMark, Inc.

LogicMark, Inc. is an American orthopedic company that raised $250,000 in 2026 (SEC Form D).1 It is headquartered in Louisville, Kentucky.1 Its shares trade on OTC under the symbol LGMK.1

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Last updated Oct 21, 2026.

Overview

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  • 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

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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

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Corporate structure

LogicMark, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of LogicMark, Inc.

  • LogicMark, Inc. Louisville, Kentucky

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What LogicMark, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$113.9K4 Dec 31, 2025$112.6K4 Dec 31, 2024+1.2%
Operating-lease assets (leased space)$324.1K4 Dec 31, 2025$48.6K4 Dec 31, 2024+566.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.6M4 Dec 31, 2025$3.8M4 Dec 31, 2024−6.3%
Marketable securities, current$5.9M4 Dec 31, 2025

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$3.1M4 Dec 31, 2025$3.1M4 Dec 31, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.4M4 Dec 31, 2025$1.0M4 Dec 31, 2024+33.5%
Finished goods$1.4M4 Dec 31, 2025$900.0K4 Dec 31, 2024+55.6%

Properties, in its own words

Our principal executive offices are located at 2801 Diode Lane, Louisville, Kentucky 40299. On April 23, 2025, we renewed our five-year lease agreement for warehouse space at the Louisville, Kentucky facility. The current monthly rent for the space is $7,250 and this lease agreement expires in August 2030.

Item 2 of the 10-K filed Mar 27, 2026.3

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. Oct 13, 20268-K Completed an acquisition or sale; Change to shareholders' rights; Change in control29
  2. Oct 7, 20268-K Shareholder vote30
  3. Aug 3, 20268-K Entered a material agreement31
  4. Jul 30, 20268-K Entered a material agreement; Unregistered sale of shares; Change to shareholders' rights32
  5. May 15, 20268-K Results of operations; Regulation FD disclosure33
  6. Mar 27, 20268-K Results of operations; Regulation FD disclosure34
  7. Nov 13, 20258-K Results of operations; Regulation FD disclosure35
  8. Oct 27, 20258-K Change to shareholders' rights; Bylaws or fiscal year changed36
  9. Aug 15, 20258-K Shareholder vote37
  10. Aug 13, 20258-K Results of operations; Regulation FD disclosure38
  11. Jul 11, 20258-K Bylaws or fiscal year changed39
  12. Jun 26, 20258-K Director nominations40
  13. Jun 23, 2021New chief executive Chia-Lin Simmons becomes CEO12
  14. May 22, 2013New chief executive Gino Miguel Pereira becomes CEO13

Calendar

When it reported results

  1. May 15, 2026Reported quarterly or annual results33
  2. Mar 27, 2026Reported quarterly or annual results34
  3. Nov 13, 2025Reported quarterly or annual results35
  4. Aug 13, 2025Reported quarterly or annual results38
  5. Nov 13, 2024Reported quarterly or annual results41
  6. Aug 15, 2024Reported quarterly or annual results42
  7. Apr 22, 2024Reported quarterly or annual results43
  8. Nov 15, 2023Reported quarterly or annual results44

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

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.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2024Chia-Lin Simmons,52$500.0K$935.0K53
2024Mark Archer,68$537.4K$579.1K53
2023CEO$500.0K$1.1M53
2023CFO$572.6K$665.8K53

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

SEC filer profile

How LogicMark, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLogicMark, Inc.1
  • CIK0001566826
  • Employer ID (EIN)46-06783743
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inNevada3
  • Fiscal year endsDecember 311
  • Industry code (SIC)3842 Orthopedic, Prosthetic & Surgical Appliances & Supplies1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address2801 Diode Lane, Louisville, KY 402991
  • Phone(502) 442-79111
  • Shares outstanding899,759 as of Aug 19, 202611
  • Public float$2.3M as of Jun 30, 20253
  • AuditorBPM LLP, Santa Rosa, California PCAOB ID 207; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceJan 28, 20131
  • Filings856 in all: 4 (220), 8-K (188), DEFA14A (53), 10-Q (41), CORRESP (37), EFFECT (21), 424B3 (20), S-1/A (19)1
    All 61 form types

    3 (16), 424B5 (16), DEF 14A (16), 10-K (13), PRE 14A (13), D (12), UPLOAD (12), POS AM (11), 8-K/A (10), S-3 (10), SC 13G/A (10), 4/A (9), S-1 (9), SC 13G (9), 424B4 (6), 5 (6), SC 13D/A (6), 144 (5), NT 10-K (5), NT 10-Q (5), POS EX (4), SC 13D (4), SCHEDULE 13G/A (4), 10-Q/A (3), S-3/A (3), SC 13E3/A (3), 10-K/A (2), 25-NSE (2), ARS (2), D/A (2), DEF 14C (2), DEFR14A (2), PRE 14C (2), RW (2), SCHEDULE 13D (2), SCHEDULE 13G (2), 15-12G (1), 3/A (1), 424B1 (1), 425 (1), 8-A12B (1), 8-A12G (1), 8-K12G3 (1), CERTNAS (1), CT ORDER (1), DEFM14A (1), NT 10-Q/A (1), NTN 10Q (1), PREM14A (1), PRER14A (1), S-1MEF (1), SC 13E3 (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 27, 2026
    Quarterly report (10-Q) Aug 19, 2026
    Proxy statement (DEF 14A) Jul 10, 2025
    Latest 8-K (8-K) Oct 13, 2026

Risk factors and legal proceedings

The risks LogicMark, Inc. names in Item 1A of its 10-K filed Mar 27, 2026: 37 risks under these headings, as written.3

  • Risks Relating to our Business
  • We are uncertain of our ability to generate sufficient revenue and profitability in the future.
  • The loss or material reduction of significant customer contracts, including the termination of the GSA Agreement, would have a material adverse effect on our results of operations and cash flows.
  • Our inability to win or renew government contracts during regulated procurement processes or preferences granted to certain bidders for which we would not qualify could harm our operations and significantly reduce or eliminate our profits.
  • A failure by us to continue to generate task orders or fulfill our obligations under an IDIQ contract with the GSA, or our inability to secure an IDIQ contract with the GSA, would have a material adverse effect on our financial condition and results of operation.
  • Significant disruptions of information technology systems or security breaches could materially adversely affect our business.
  • We are exposed to risks related to cybersecurity.
  • Defects or disruptions in our products or services could diminish demand for such products or services and subject us to substantial liability.
  • Our supply chains in Taiwan subject us to risks and uncertainties relating to the regulations of Taiwan as well as potential geopolitical friction.
  • If we fail to keep pace with changing industry technology and consumer preferences, we will be at a competitive disadvantage.
  • If we cannot obtain additional capital required to finance our research and development efforts and sales and marketing efforts, our business may suffer, and our security holders may lose the value of their investment in the Company.
  • We face intense competition in our market, especially from larger, well-established companies, and we may lack sufficient financial or other resources to maintain or improve our competitive position.
The other 26 risks
  • Our markets are subject to technological change and our success depends on our ability to develop and introduce new products.
  • Claims by others that we infringe on their intellectual property rights could increase our expenses and delay the development of our business. As a result, our business and financial condition could be materially harmed.
  • We may not be able to protect our intellectual property rights adequately.
  • Our success will depend, in part, on our ability to obtain new patents.
  • Our future success depends on the continued service of management, engineering, sales and marketing personnel and our ability to identify, hire and retain experienced personnel.
  • The requirements of being a public company may strain our resources and divert management’s attention.
  • Periods of rapid growth and expansion could place a significant strain on our resources, including our employee base, which could negatively impact our operating results.
  • We depend on contract manufacturers, and our production and products could be harmed if they are unable to meet our volume and quality requirements and alternative sources are not available.
  • We are presently a small company with limited resources and personnel to establish a comprehensive system of internal controls. If we fail to maintain an effective system of internal controls, we would not be able to accurately report our financial results on a timely basis or prevent fraud. As a result, current and potential stockholders could lose confidence in our financial reporting, which would harm our business and the trading price of our Common Stock.
  • Due to recent disruption in the financial markets and global economic conditions, our business, liquidity and financial results could be materially adversely affected.
  • Risks Related to Our Products
  • The steps that we have taken to protect our technology may be inadequate to prevent others from using what we regard as our technology to compete with us.
  • Our products and technologies may not be accepted by the intended commercial consumers of our products, which could harm our future financial performance.
  • Our PERS devices may become obsolete if we do not effectively respond to rapid technological change on a timely basis.
  • If our products and services do not achieve market acceptance, we may never have significant revenues or any profits.
  • We may fail to create new products, provide new services, and enter new markets, which would have an adverse effect on our operations, financial condition, and prospects.
  • Our products may have defects, which could damage our reputation, decrease market acceptance of our products, cause us to lose customers and revenue and result in costly litigation or liability.
  • Risks Related to our Securities
  • The market price for our Common Stock is particularly volatile given our status as a relatively unknown company with a small and thinly traded public float, and lack of profits, which could lead to wide fluctuations in the price of our Common Stock.
  • Because of volatility in the stock market in general, the market price of our Common Stock will also likely be volatile.
  • If and when a larger trading market for our Common Stock develops, the market price of our Common Stock is still likely to be highly volatile and subject to wide fluctuations, and you may be unable to resell your shares of Common Stock at or above the price at which you acquired them.
  • U.S. broker-dealers may be discouraged from effecting transactions in shares of our Common Stock because they may be considered penny stocks and thus be subject to the penny stock rules.
  • We may seek to raise additional funds, finance acquisitions, or develop strategic relationships by issuing securities that would dilute the ownership of the Common Stock. Depending on the terms available to us, if these activities result in significant dilution, it may negatively impact the trading price of our shares of Common Stock.
  • Substantial future issuances and sales of shares of our Common Stock, including as a result of certain provisions contained in the Series C Warrants (as defined below), could cause the market price of our Common Stock to decline.
  • We do not anticipate paying dividends on our Common Stock in the foreseeable future; you should not invest in our shares of Common Stock if you expect dividends.
  • We could issue “blank check” preferred stock without stockholder approval with the effect of diluting then current stockholder interests and impairing their voting rights; and provisions in our charter documents could discourage a takeover that stockholders may consider favorable.
  • If securities or industry analysts do not publish research or reports about our business, or publish negative reports about our business, our share price and trading volume could decline.
  • Financial Industry Regulatory Authority, Inc. (“FINRA”) sales practice requirements may limit a stockholder’s ability to buy and sell our shares of Common Stock.

Legal proceedings

From time to time, we may become subject to legal proceedings, claims, or litigation arising in the ordinary course of business. We are not presently a party to any action, suit, proceeding, inquiry or investigation before or by any court, public Board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of the Company, threatened against or affecting the Company, that in the opinion of our management, if determined adversely to us, would individually or taken together have a material adverse effect on our business, operating results, financial condition or cash flows.

The opening of Item 3, Legal Proceedings.3

Sources

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