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LogicMark, Inc.: 10-Q filed 2018-11-14

What LogicMark, Inc. reported in its quarterly report filed 2018-11-14 (fiscal Q3 2018): 38 published measures, 104 facts as tagged in accession 0001213900-18-015821.

This filing

Form
10-Q (quarterly report)
Filed
2018-11-14
Fiscal period
fiscal Q3 2018
Accession
0001213900-18-015821 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All LogicMark, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2018-09-3043,260,190USD
At 2017-12-3148,242,745USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2018-09-3023,766,987USD
At 2017-12-3127,305,278USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2018-09-3017,685,903USD
At 2017-12-3119,130,167USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2018-09-30780,492USD
At 2017-12-315,636,415USD
At 2017-09-30514,602USD
At 2016-12-313,299,679USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2018-07-01 to 2018-09-30-1,262,500USD92
2018-01-01 to 2018-09-30-3,874,125USD273
2017-07-01 to 2017-09-30-4,031,152USD92
2017-01-01 to 2017-09-30-5,960,684USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2018-07-01 to 2018-09-304,367,719USD92
2018-01-01 to 2018-09-3013,082,764USD273
2017-07-01 to 2017-09-303,665,862USD92
2017-01-01 to 2017-09-3011,686,813USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2018-09-30-46,798,799USD
At 2017-12-31-42,924,674USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2018-07-01 to 2018-09-30-83,850USD92
2018-01-01 to 2018-09-30-251,548USD273
2017-07-01 to 2017-09-3093,188USD92
2017-01-01 to 2017-09-30279,563USD273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2018-09-30209,676USD
At 2017-12-31286,254USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2018-01-01 to 2018-09-30819,992USD273
2017-01-01 to 2017-09-301,381,974USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2018-07-01 to 2018-09-30228,449USD92
2018-01-01 to 2018-09-30869,439USD273
2017-07-01 to 2017-09-30-1,070,303USD92
2017-01-01 to 2017-09-30-596,287USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2018-09-308,196,197USD
At 2017-12-3112,000,178USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2018-07-01 to 2018-09-30580,152USD92
2018-01-01 to 2018-09-302,378,519USD273
2017-07-01 to 2017-09-302,172,748USD92
2017-01-01 to 2017-09-305,595,324USD273

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2018-09-307,041,436USD
At 2017-12-3110,682,912USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2018-09-301,556,046USD
At 2017-12-311,146,552USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2018-09-3015,479,662USD
At 2017-12-3115,479,662USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2018-07-01 to 2018-09-302,966,861USD92
2018-01-01 to 2018-09-308,638,025USD273
2017-07-01 to 2017-09-303,632,234USD92
2017-01-01 to 2017-09-308,803,763USD273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2018-09-301,349,949USD
At 2017-12-31706,322USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2018-07-01 to 2018-09-303,195,310USD92
2018-01-01 to 2018-09-309,507,464USD273
2017-07-01 to 2017-09-302,561,931USD92
2017-01-01 to 2017-09-308,207,476USD273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2018-07-01 to 2018-09-301,172,409USD92
2018-01-01 to 2018-09-303,575,300USD273
2017-07-01 to 2017-09-301,103,931USD92
2017-01-01 to 2017-09-303,479,337USD273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2018-07-01 to 2018-09-30200,519USD92
2018-01-01 to 2018-09-30522,043USD273
2017-07-01 to 2017-09-30355,438USD92
2017-01-01 to 2017-09-30513,422USD273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2018-09-3024,879,352shares
At 2017-12-3123,583,593shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2018-09-3064,482,214USD
At 2017-12-3162,052,483USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2018-09-30425,921USD
At 2017-12-31585,641USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2018-09-30913,429USD
At 2017-12-31902,663USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2018-09-30703,753USD
At 2017-12-31616,409USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2018-09-301,466,506USD
At 2017-12-312,448,157USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2018-09-30694,437USD
At 2017-12-31805,844USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2018-07-01 to 2018-09-30-235,067USD92
2018-01-01 to 2018-09-30-1,144,339USD273
2017-07-01 to 2017-09-30-3,323,358USD92
2017-01-01 to 2017-09-30-6,325,366USD273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2018-07-01 to 2018-09-30-1,287,500USD92
2018-01-01 to 2018-09-30-3,949,125USD273
2017-07-01 to 2017-09-30-4,128,232USD92
2017-01-01 to 2017-09-30-6,665,833USD273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2018-07-01 to 2018-09-301,698,894USD92
2018-01-01 to 2018-09-305,089,874USD273
2017-07-01 to 2017-09-302,291,680USD92
2017-01-01 to 2017-09-305,400,471USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2018-01-01 to 2018-09-3087,344USD273
2017-01-01 to 2017-09-30112,852USD273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2018-01-01 to 2018-09-30569,796USD273
2017-01-01 to 2017-09-30569,796USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2018-07-01 to 2018-09-30-463,516USD92
2018-01-01 to 2018-09-30-2,013,778USD273
2017-07-01 to 2017-09-30-2,253,055USD92
2017-01-01 to 2017-09-30-5,729,079USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2018-01-01 to 2018-09-302,670,897USD273
2017-01-01 to 2017-09-302,832,934USD273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-09-30-42,363USD273
2017-01-01 to 2017-09-30-77,055USD273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-09-30643,627USD273
2017-01-01 to 2017-09-30-362,788USD273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-09-30411,903USD273
2017-01-01 to 2017-09-30-54,011USD273

Inspect the source

Entity
LogicMark, Inc. / CIK 0001566826
Captured
2026-09-20T09:20:39.693Z
SEC response SHA-256
34abd88951c14880ee816e5f183d499a6c760f3710a511d1da4305ae39062452

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001566826.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))