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LogicMark, Inc.: 10-Q filed 2024-11-14

What LogicMark, Inc. reported in its quarterly report filed 2024-11-14 (fiscal Q3 2024): 47 published measures, 127 facts as tagged in accession 0001213900-24-098481.

This filing

Form
10-Q (quarterly report)
Filed
2024-11-14
Fiscal period
fiscal Q3 2024
Accession
0001213900-24-098481 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 2024-09-3016,042,295USD
At 2023-12-3117,017,180USD

Total liabilities

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

PeriodValueUnitDays
At 2024-09-301,880,519USD
At 2023-12-312,104,664USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-09-3012,354,476USD
At 2024-06-309,964,497USD
At 2023-12-3113,105,216USD
At 2023-09-3021,027,797USD
At 2023-06-3022,129,497USD
At 2022-12-3120,980,019USD

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 2024-09-305,585,835USD
At 2023-12-316,398,164USD

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
2024-07-01 to 2024-09-30-1,518,805USD92
2024-01-01 to 2024-09-30-5,302,205USD274
2023-07-01 to 2023-09-30-1,444,476USD92
2023-01-01 to 2023-09-30-5,545,795USD273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-09-30-3,261,568USD274
2023-01-01 to 2023-09-30-3,591,493USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2024-01-01 to 2024-09-3023,201USD274
2023-01-01 to 2023-09-3051,073USD273

Revenue

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

PeriodValueUnitDays
2024-07-01 to 2024-09-302,705,461USD92
2024-01-01 to 2024-09-307,652,813USD274
2023-07-01 to 2023-09-302,367,227USD92
2023-01-01 to 2023-09-307,503,940USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-09-303,498,603USD274
2023-01-01 to 2023-09-304,332,905USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-09-30-1,049,364USD274
2023-01-01 to 2023-09-30-1,035,529USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-09-30-105,463,096USD
At 2023-12-31-100,160,891USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-07-01 to 2024-09-307,995,555shares92
2024-01-01 to 2024-09-304,112,228shares274
2023-07-01 to 2023-09-301,380,373shares92
2023-01-01 to 2023-09-301,219,749shares273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-07-01 to 2024-09-307,995,555shares92
2024-01-01 to 2024-09-304,112,228shares274
2023-07-01 to 2023-09-301,380,373shares92
2023-01-01 to 2023-09-301,219,749shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-0.2USD/shares92
2024-01-01 to 2024-09-30-1.34USD/shares274
2023-07-01 to 2023-09-30-1.1USD/shares92
2023-01-01 to 2023-09-30-4.73USD/shares273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-0.2USD/shares92
2024-01-01 to 2024-09-30-1.34USD/shares274
2023-07-01 to 2023-09-30-1.1USD/shares92
2023-01-01 to 2023-09-30-4.73USD/shares273

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 2024-09-30139,290USD
At 2023-12-31203,333USD

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
2024-01-01 to 2024-09-301,240,982USD274
2023-01-01 to 2023-09-301,212,279USD273

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
2024-07-01 to 2024-09-30-1,599,552USD92
2024-01-01 to 2024-09-30-5,476,129USD274
2023-07-01 to 2023-09-30-1,779,589USD92
2023-01-01 to 2023-09-30-5,941,847USD273

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 2024-09-307,007,575USD
At 2023-12-318,049,444USD

Current liabilities

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

PeriodValueUnitDays
At 2024-09-301,880,519USD
At 2023-12-312,052,822USD

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 2024-09-30549,126USD
At 2023-12-31901,624USD

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 2024-09-303,143,662USD
At 2023-12-313,143,662USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2024-09-30116,533USD
At 2023-12-3113,647USD

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
2024-07-01 to 2024-09-303,401,179USD92
2024-01-01 to 2024-09-3010,599,924USD274
2023-07-01 to 2023-09-303,376,860USD92
2023-01-01 to 2023-09-3011,001,386USD273

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 2024-09-30818,717USD
At 2023-12-311,177,456USD

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
2024-07-01 to 2024-09-301,801,627USD92
2024-01-01 to 2024-09-305,123,795USD274
2023-07-01 to 2023-09-301,597,271USD92
2023-01-01 to 2023-09-305,059,539USD273

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
2024-07-01 to 2024-09-30903,834USD92
2024-01-01 to 2024-09-302,529,018USD274
2023-07-01 to 2023-09-30769,956USD92
2023-01-01 to 2023-09-302,444,401USD273

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
2024-07-01 to 2024-09-3096,650USD92
2024-01-01 to 2024-09-30404,108USD274
2023-07-01 to 2023-09-30242,697USD92
2023-01-01 to 2023-09-30806,851USD273

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 2024-09-3011,863,537shares
At 2023-12-312,150,412shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-09-305,585,835USD
At 2023-12-316,398,164USD
At 2023-09-306,742,985USD
At 2022-12-317,037,102USD

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 2024-09-30117,497,385USD
At 2023-12-31112,946,891USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-09-3065,758USD
At 2023-12-31113,761USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-09-3070,158USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2023-12-3151,842USD

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 2024-09-301,181,386USD
At 2023-12-311,151,198USD

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 2024-09-30486,490USD
At 2023-12-31460,177USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2024-09-30150,007USD

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
2024-07-01 to 2024-09-30-1,518,805USD92
2024-01-01 to 2024-09-30-5,302,205USD274
2023-07-01 to 2023-09-30-1,444,476USD92
2023-01-01 to 2023-09-30-5,545,795USD273

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
2024-07-01 to 2024-09-30-1,593,805USD92
2024-01-01 to 2024-09-30-5,527,205USD274
2023-07-01 to 2023-09-30-1,519,476USD92
2023-01-01 to 2023-09-30-5,770,795USD273

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
2024-07-01 to 2024-09-301,727,550USD92
2024-01-01 to 2024-09-305,609,510USD274
2023-07-01 to 2023-09-301,901,516USD92
2023-01-01 to 2023-09-306,759,135USD273

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
2024-01-01 to 2024-09-3085,590USD274
2023-01-01 to 2023-09-3078,121USD273

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
2024-01-01 to 2024-09-30571,347USD274
2023-01-01 to 2023-09-30571,347USD273

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
2024-07-01 to 2024-09-3080,747USD92
2024-01-01 to 2024-09-30173,924USD274
2023-07-01 to 2023-09-30335,113USD92
2023-01-01 to 2023-09-30396,052USD273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-09-304,492,198USD274
2023-01-01 to 2023-09-305,211,428USD273

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
2024-01-01 to 2024-09-30102,886USD274
2023-01-01 to 2023-09-30-390,401USD273

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
2024-01-01 to 2024-09-30-358,739USD274
2023-01-01 to 2023-09-30-609,425USD273

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
2024-01-01 to 2024-09-30-644,091USD274
2023-01-01 to 2023-09-30-83,040USD273

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"])))