Overview

• Personal safety device maker's Q1 2026 revenue grew 24% yr/yr

• Gross margin expanded to 69.6%, aided by price increases and lower shipping costs

• Operating loss narrowed 36% yr/yr as expenses declined 7%

Outlook

• LogicMark plans to launch a wearable watch with advanced health monitoring later this year

• Company is entering beta testing for a connected-home hub with AI-powered fall detection

• LogicMark is focused on scaling distribution, launching new products, and managing costs

Result Drivers

• DEVICE SALES - Higher sales of Freedom Alert Mini units and upgraded Guardian Alert 911 Plus drove revenue growth

• PRICE INCREASE & COSTS - Gross margin expanded due to a price increase, favorable product mix, and lower shipping and fulfillment costs

• EXPENSE REDUCTION - Operating expenses declined due to lower stock-based compensation, consulting, legal, and advertising costs

Company press release: ID:nGNX8ZtqYb

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue		$3.2 mln
Q1 EPS		-$1.68
Q1 Net Income		-$1.5 mln
Q1 Gross Margin		69.6%
Q1 Gross Profit		$2.2 mln
Q1 Operating Expenses		$3.7 mln

Analyst Coverage

• Wall Street's median 12-month price target for LogicMark Inc is $2.25, about 346.4% above its May 12 closing price of $0.50

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