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Income Statement (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Revenue | 2.9M | 2.2% |
| Gross Profit | 1.9M | 0.4% |
| Cost of Revenue | 1,000,000 | 7.6% |
| Operating expense | 4.7M | 6.7% |
| Net Income | -1.6M | 20.8% |
Balance Sheet (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Total Assets | 22M | 4.6% |
| Total Liabilities | 2.7M | 21.5% |
| Total Equity | 20M | 7.4% |
| Shares Outstanding | 770,000 | 99.9% |
Cash Flow (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Cash from operations | -760,000 | 24.7% |
| Cash from financing | -130,000 | 74.9% |
EPS
Financial Highlights for LogicMark in Q3 '25
LogicMark reported a revenue of 2.9M, which is a 2.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.9M, marking a -0.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1,000,000, a 7.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 4.7M, showing a -6.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -1.6M, showing a 20.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
LogicMark faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
