Issue 000 | U.S. Pilot | US

LGMK

LogicMark, Inc.

Passing Verified 10-Q | 2026-05-15 Filing currency: USD

Open Filing Back to Register

Margin of Safety 88.9%

GNNI internal calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 10,028,079USD
Total Liabilities: 1,860,841USD
NCAV: 8,167,238USD
Cash: 2,109,529USD
NCAV per share: 9.01USD/share
Evidence: 10 annual | 20 quarterly

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible.

Business profile not generated.

Run python -m application.cli.business_profile run --market US --one LGMK, then regenerate the site.

Known Unknowns

Medium | Share Count

Issue 000 does not yet evaluate share count trend or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD	2021-12-31 10-K USD	2020-12-31 10-K USD	2019-12-31 10-K USD	2018-12-31 10-K USD	2017-12-31 10-K USD	2016-12-31 10-K USD
Revenue	11,425,463	9,901,987	9,929,629	11,916,482	10,022,115	11,442,803	17,137,301	17,116,511	23,316,969	33,540
Operating Income	-7,899,292	-7,670,731	-15,328,467	-6,906,492	-7,547,456	-586,078	2,577,791	587,489	-3,638,947	-6,710,088
Net Income	-7,467,427	-9,003,745	-14,550,609	-6,924,965	-11,707,889	-2,864,984	-11,789,455	-7,089,962	-8,264,873	-12,752,928
Cash From Operations	-5,060,338	-4,254,765	-4,315,480	-3,609,287	-5,913,920	-412,959	2,240,122	-50,189	-5,608,651	-950,048
Capex	-71,255	-25,568	-53,429	-282,466	n/a	n/a	n/a	n/a	n/a	n/a
Free Cash Flow	-5,131,593	-4,280,333	-4,368,909	-3,891,753	n/a	n/a	n/a	n/a	n/a	n/a
Cash And Equivalents	3,567,487	3,800,000	6,398,164	6,977,114	12,044,415	4,387,416	1,587,250	1,614,641	5,636,415	3,299,679
Accounts Receivable	5,812	4,355	13,647	402,595	n/a	n/a	n/a	n/a	n/a	n/a
Inventory	1,400,305	1,048,963	1,177,456	1,745,211	1,237,280	767,351	1,303,279	870,513	3,059,517	5,341,500
Total Current Assets	11,598,087	5,336,905	8,049,444	9,534,005	14,439,765	5,894,169	3,364,680	3,397,728	12,000,178	11,247,882
Total Assets	20,306,558	14,221,337	17,017,180	25,641,124	30,123,383	26,948,287	25,048,182	38,055,564	48,242,745	35,392,997
Total Current Liabilities	1,932,330	2,028,832	2,052,822	2,413,542	1,341,716	6,472,966	5,673,087	5,144,260	10,680,412	13,321,405
Total Liabilities	2,215,229	2,028,832	2,104,664	2,853,805	1,726,912	15,981,778	16,526,294	21,511,506	27,305,278	32,574,266
Shareholders Equity	16,284,029	10,385,205	13,105,216	20,980,019	26,589,171	9,159,209	6,714,588	14,736,758	19,130,167	2,818,731
Shares Outstanding	906,059	2,397,794	2,150,412	9,608,937	9,163,039	40,619,974	30,048,854	25,228,072	23,583,593	7,379,924
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	594,946	634,970	1,353,333	9,574,090	6,307,907	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Basic	594,946	634,970	1,353,333	9,574,090	6,307,907	3,258,953	n/a	n/a	n/a	n/a

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD	2021-12-31 10-K USD	2021-09-30 10-Q USD	2021-06-30 10-Q USD
Revenue	3,214,280	3,065,347	2,915,081	2,853,211	2,591,824	2,249,174	2,705,462	2,336,268	2,611,083	2,425,689	2,367,227	2,326,996	2,809,717	2,146,531	2,751,571	3,367,691	3,650,689	2,417,829	2,383,029	2,782,575
Operating Income	-1,505,367	-1,669,182	-1,736,362	-2,129,630	-2,364,118	-2,194,602	-1,599,552	-2,070,882	-1,805,695	-9,386,620	-1,779,590	-2,276,390	-1,885,867	-2,359,809	-2,138,107	-1,125,431	-1,283,145	-6,056,011	-496,883	-211,672
Net Income	-1,451,407	-1,598,264	-1,625,505	-2,052,672	-2,190,986	-3,701,540	-1,518,805	-2,038,857	-1,744,543	-9,004,814	-1,444,476	-2,267,880	-1,833,439	-2,436,029	-2,093,519	-1,112,272	-1,283,145	-6,288,280	-641,704	-555,748
Cash From Operations	-1,647,091	-1,640,582	-759,402	-1,008,668	-1,651,686	-993,197	-642,965	-1,527,427	-1,091,176	-723,987	-395,581	-1,813,026	-1,382,886	-1,698,627	-1,457,171	-745,936	292,447	-2,623,601	-1,574,941	-712,612
Capex	-26,801	n/a	-16,725	n/a	n/a	-2,367	-6,523	-3,100	-13,578	n/a	-45,341	n/a	-5,732	-39,848	-69,710	-135,920	-36,988	n/a	n/a	n/a
Free Cash Flow	-1,673,892	n/a	-776,127	n/a	n/a	-995,564	-649,488	-1,530,527	-1,104,754	n/a	-440,922	n/a	-1,388,618	-1,738,475	-1,526,881	-881,856	255,459	n/a	n/a	n/a
Cash And Equivalents	2,109,529	3,567,487	n/a	5,000,000	9,000,000	3,800,000	5,585,835	2,959,815	5,047,449	6,398,164	6,682,997	7,649,730	9,781,799	6,977,114	9,328,504	11,144,085	12,224,887	12,044,415	16,046,625	3,242,925
Total Current Assets	10,028,079	11,598,087	13,521,609	14,492,939	16,486,108	5,336,905	7,007,575	4,424,164	6,781,972	8,049,444	8,571,837	9,313,616	11,319,282	9,534,005	11,771,917	12,858,984	14,337,739	14,439,765	17,981,808	4,920,315
Total Liabilities	1,860,841	2,215,229	2,731,694	2,248,555	2,202,760	2,028,832	1,880,519	1,602,983	2,260,596	2,104,664	2,317,102	1,701,929	1,696,010	2,853,805	2,711,885	1,999,740	2,193,114	1,726,912	4,168,326	6,373,735
Shares Outstanding	906,059	906,059	768,407	576,305,099	167,359,224	2,397,794	11,863,537	2,193,587	2,150,412	2,150,412	1,419,017	1,325,017	1,220,308	9,608,937	9,608,937	9,608,937	9,593,378	9,163,039	8,830,239	53,311,898
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	906,059	594,946	768,407	549,767,010	18,176,403	634,970	7,995,555	2,190,716	2,150,412	1,353,333	1,380,373	1,282,794	996,080	9,574,090	9,608,937	9,594,746	474,099	6,307,907	5,969,312	5,331,190
Weighted Avg Shares Basic	906,059	594,946	768,407	549,767,010	18,176,403	634,970	7,995,555	2,190,716	2,150,412	1,353,333	1,380,373	1,282,794	996,080	9,574,090	9,608,937	9,594,746	9,481,963	6,307,907	5,969,312	5,331,190

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	10,028,079USD	us-gaap:AssetsCurrent	2026-03-31	1.00	sec/companyfacts/cik=0001566826/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001566826\companyfacts.json
Total Liabilities	1,860,841USD	us-gaap:Liabilities	2026-03-31	1.00	sec/companyfacts/cik=0001566826/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001566826\companyfacts.json
Cash	2,109,529USD	us-gaap:CashAndCashEquivalentsAtCarryingValue	2026-03-31	1.00	sec/companyfacts/cik=0001566826/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001566826\companyfacts.json
Shares Outstanding	906,059	us-gaap:CommonStockSharesOutstanding	2026-03-31	1.00	sec/companyfacts/cik=0001566826/companyfacts.json D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001566826\companyfacts.json
NCAV	8,167,238USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	9.01USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Margin of Safety	88.9%	derived	2026-03-31	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: D:\Projects\The Data Vault
CIK: 0001566826
Company ID: n/a
Selected Annual Source: D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001566826\companyfacts.json
Selected Quarterly Source: D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001566826\companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 26
Imported At: 2026-07-04T23:04:33+00:00
Rendered At: 2026-07-05T09:06:29+00:00

Run Audit

Mary Run: 1ec055d81d1a42a39490a83bb9e1f22f
Mary As Of: 2026-07-03
Accession: 0001213900-26-057450
CIK: 0001566826
Mary Filing Date: 2026-05-15
Filing Currency: USD
Internal Discount: 88.9%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2026-05-15; mary_accession=0001213900-26-057450; mary_cik=0001566826; gnni_supporting_filing_date=2026-05-15; internal_discount=0.889062; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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