LogicMark Inc
logicmark.comLogicMark Inc (NASDAQ: LGMK) is a personal emergency response system (PERS) company that designs, develops, and sells wearable safety and monitoring devices for older adults and vulnerable populations. Revenue comes from a mix of one-time device sales, sold under a historically differentiated "no monthly fee" model, and recurring monthly monitoring fees attached to connected products. The company sells through three channels: direct-to-consumer, healthcare facilities and assisted living providers, and a dealers and resellers network, with approximately 30% of PERS customers estimated to fall into the business-to-business category (FY2025 10-K). LogicMark is headquartered at 2801 Diode Lane, Louisville, Kentucky, and its products are contract-manufactured in Taiwan. For FY2025, the company reported an operating loss of $7.9 million, a net loss of $7.5 million, cash used in operations of $5.1 million, and held $3.6 million in cash and $5.9 million in investments as of December 31, 2025.
Products & Services
Core products include PERS wearable devices with features such as 4G LTE connectivity, fall detection, GPS and Wi-Fi location tracking, geofencing, two-way voice communication, and 24/7 U.S.-based emergency operator access. Named products include the Freedom Alert Max and Aster, a personal safety app released in early 2024 that pairs with a Bluetooth button for on-the-go emergency response. Service layers include caregiver portals, medication management, activity monitoring, telehealth, vitals monitoring, and customer dashboards.
Revenue Model
LogicMark generates revenue through hardware device sales (one-time purchase, including "no monthly fee" products) and recurring monthly monitoring fees on connected PERS devices. The company is actively building a recurring revenue base across consumer, pro-care/healthcare, government, and corporate benefits lines of business (FY2025 10-K).
Customers & Markets
End markets include individual consumers (direct-to-consumer), healthcare facilities, assisted living providers, government purchasers, and corporate benefits programs. Approximately 30% of PERS customers are estimated to be in the business-to-business category (FY2025 10-K). Demand drivers include aging population care needs and caregiver monitoring requirements.
Geographic Exposure
Operations and primary sales are U.S.-based. Contract manufacturing is conducted in Taiwan, creating supply-chain exposure to Taiwan-China geopolitical risk following a transition away from China and Hong Kong manufacturing (FY2025 10-K).
Financial Snapshot
Loading...
