LogicMark Q3 revenue up 14% to $2.7M; net loss per share -$0.20 vs -$1.10 YoY

LogicMark, Inc.

2024-Q3 EPS reported -$1.34 revenue$7,652,813

Revenue $2.7M (+14% YoY); gross profit $1.8M (+13%); gross margin 67% steady for six quarters.
Net loss $1.6M (diluted EPS -$0.20) vs $1.5M (diluted -$1.10) in Q3 2023.
Adjusted EBITDA loss improved to $0.8M from $1.1M; operating expenses flat at $3.4M.
Freedom Alert Mini sales surged: 1,106 units in Q3 vs 191 in Q2; new reseller partnership with Black Knight LLC.
Cash $5.6M at Sept 30; subsequent special meeting approved reverse split; Rights Agreement adopted Nov 1.

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