LogicMark, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2013 | FY2012 |
|---|---|---|---|---|---|
| Revenue | $16.0M | $7.7M | $616.9K | $0 | $251.4K |
| Cost of Revenue | $5.1M | $4.4M | $1.8M | $0 | $48.5K |
| Gross Profit | $11.0M | $3.3M | $-1.2M | $0 | $202.9K |
| Gross Margin | 68.4% | 42.7% | -195.7% | — | 80.7% |
| Operating Expenses | |||||
| Research & Development | $761.0K | $888.2K | $2.7M | $518.6K | $114.3K |
| SG&A Expense | $8.1M | $6.2M | $3.6M | $835.2K | $220.1K |
| Operating Income | $-2.2M | $-6.7M | $-10.9M | $-1.4M | $-194.0K |
| Operating Margin | -13.4% | -86.7% | -1,771.0% | — | -77.2% |
| Interest Expense | $7.7M | $3.3M | $1.2M | $35.5K | $247 |
| Pretax Income | $-8.4M | $-12.6M | $-13.1M | $-1.5M | — |
| Income Tax Expense | $160.4K | $196.0K | $4.3K | $0 | $0 |
| Net Income | $-8.3M | $-12.8M | $-13.1M | $-1.5M | $-194.2K |
| Net Margin | -51.5% | -164.8% | -2,119.9% | — | -77.3% |
| EPS (Basic) | $-0.06 | $-0.19 | $-0.40 | $-0.01 | $0.00 |
| EPS (Diluted) | $-0.06 | $-0.19 | $-0.40 | $-0.01 | $0.00 |
| Shares Outstanding (Basic) | 283.0M | 88.6M | 53.3M | 263.3M | 249.0M |
| Shares Outstanding (Diluted) | 283.0M | 88.6M | 53.3M | 263.3M | 249.0M |
| Dividends Per Share | — | — | — | — | — |