secwatch.observer — SEC 8-K summary
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Issuer:     LogicMark, Inc. (LGMK)
CIK:        0001566826
Form:       8-K
Filed at:   2023-08-28T23:59:59+00:00
Accession:  0001213900-23-071015
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LogicMark Q2 revenue down to $2.3M; gross margin improves to 69%
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- Revenue $2.3M vs $3.4M YoY; drop due to end of 3G replacement cycle.
- Gross margin 69% vs 59% YoY on supply chain improvements.
- Net loss $2.3M ($1.83 diluted EPS) vs $1.2M ($2.50 EPS) in prior year.
- Cash balance $7.6M at June 30, 2023, up from $7.0M at Dec. 31, 2022.
- New Freedom Alert Plus PERS with fall detection in pre-order; shipments expected by month-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566826/000121390023071015/0001213900-23-071015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566826/000121390023071015/ea184246-8k_logicmark.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-071015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer