10-Q Filing

LogicMark, Inc. CIK: 1566826 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001213900-16-018522`
Period End Date	20160930
Filing Date	20161114
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	nxti-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 84 Cash Flow Statement 129

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$196.35K	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$387.90K	USD	Point-in-time
Other intangible assets, net of amortization	`OtherIntangibleAssetsAmortization`	$136.23K	USD	Point-in-time
Other intangible assets, net of amortization	`OtherIntangibleAssetsAmortization`	-	USD	Point-in-time
Convertible notes payable, net of discount	`DebtInstrumentCarryingAmount`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$147.37K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$418.99K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.20M	USD	Point-in-time
Convertible notes payable, net of discount	`DebtInstrumentCarryingAmount`	$1.45M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$40.29K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.53M	USD	Point-in-time
Revolving loan facility, net of deferred debt issuance cost	`RevolvingLoanFacilityOfDeferredDebtIssuanceCost`	$1.10M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$869.85K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventory	`InventoryNet`	$4.75M	USD	Point-in-time
Inventory	`InventoryNet`	$1.77M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.22M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.76M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$8.46M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $387,898 and $196,353, respectively	`PropertyPlantAndEquipmentNet`	$373.21K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $387,898 and $196,353, respectively	`PropertyPlantAndEquipmentNet`	$448.58K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Goodwill	`Goodwill`	$16.03M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other intangible assets, net of amortization of $136,232 and $0, respectively	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Other intangible assets, net of amortization of $136,232 and $0, respectively	`OtherIntangibleAssetsNet`	$8.18M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Assets	`Assets`	$33.12M	USD	Point-in-time
Total Assets	`Assets`	$5.13M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.44M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	6.84M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.44M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	6.84M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.15M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$641.44K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.03M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$8.73K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$2.68M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$2.25M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	-	USD	Point-in-time
Convertible notes payable, net of discount of $0 and $1,445,342, respectively	`ConvertibleNotesPayableCurrent`	$1.85M	USD	Point-in-time
Convertible notes payable, net of discount of $0 and $1,445,342, respectively	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Derivative liability conversion feature	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$420.36K	USD	Point-in-time
Derivative liability conversion feature	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	-	USD	Point-in-time
Other current liabilities - contingent consideration	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities - contingent consideration	`OtherLiabilitiesCurrent`	$1.50M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.25M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.61M	USD	Point-in-time
Other long-term liabilities - contingent consideration	`OtherLiabilities`	-	USD	Point-in-time
Other long-term liabilities - contingent consideration	`OtherLiabilities`	$5.00M	USD	Point-in-time
Revolving loan facility, net of deferred debt issuance cost of $1,098,750	`RevolvingLoanFacility`	$13.90M	USD	Point-in-time
Revolving loan facility, net of deferred debt issuance cost of $1,098,750	`RevolvingLoanFacility`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.25M	USD	Point-in-time
Total Liabilities	`Liabilities`	$29.51M	USD	Point-in-time
Commitment and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitment and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value: 100,000,000 shares authorized; 6,842,950 and 4,441,159 issued and outstanding, respectively	`CommonStockValue`	$684.00	USD	Point-in-time
Common stock, $0.0001 par value: 100,000,000 shares authorized; 6,842,950 and 4,441,159 issued and outstanding, respectively	`CommonStockValue`	$444.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$31.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$22.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-32.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-21.91M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$3.60M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$881.33K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$33.12M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.13M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.09M	USD	1 Quarter
Revenues	`Revenues`	$3.17M	USD	3 Qtrs
Revenues	`Revenues`	$533.53K	USD	3 Qtrs
Revenues	`Revenues`	$418.13K	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$701.46K	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$1.75M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$1.89M	USD	3 Qtrs
Cost of goods sold	`CostOfRevenue`	$565.61K	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$1.29M	USD	3 Qtrs
Gross Profit (Loss)	`GrossProfit`	$1.35M	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$-147.49K	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$-167.93K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.15M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.66M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.83M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.95M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$970.99K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$1.91M	USD	3 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$792.48K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$2.28M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$824.89K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$2.25M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$80.21K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$732.41K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.82M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$7.39M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$7.36M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$2.86M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-3.00M	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-7.53M	USD	3 Qtrs
Operating Loss	`OperatingIncomeLoss`	$-6.11M	USD	3 Qtrs
Operating Loss	`OperatingIncomeLoss`	$-1.47M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$165.00	USD	1 Quarter
Interest income	`InterestIncomeOther`	$23.00	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$695.00	USD	3 Qtrs
Interest income	`InterestIncomeOther`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$439.98K	USD	1 Quarter
Interest expense	`InterestExpense`	$760.78K	USD	3 Qtrs
Interest expense	`InterestExpense`	$969.45K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.68M	USD	3 Qtrs
Inducement expense	`InducementExpense`	$100.00K	USD	1 Quarter
Inducement expense	`InducementExpense`	-	USD	3 Qtrs
Inducement expense	`InducementExpense`	-	USD	1 Quarter
Inducement expense	`InducementExpense`	$755.00K	USD	3 Qtrs
Change in fair value of derivative liabilities	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Change in fair value of derivative liabilities	`GainLossOnSaleOfDerivatives`	$-2.30M	USD	3 Qtrs
Change in fair value of derivative liabilities	`GainLossOnSaleOfDerivatives`	-	USD	3 Qtrs
Change in fair value of derivative liabilities	`GainLossOnSaleOfDerivatives`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-272.75K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-1.52M	USD	3 Qtrs
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-4.26M	USD	3 Qtrs
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-969.45K	USD	1 Quarter
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-539.82K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.54M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.04M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.44M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.36M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.45M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.54M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.37M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-9.04M	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$581.30K	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$438.72K	USD	1 Quarter
Net Loss applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-3.54M	USD	1 Quarter
Net Loss applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-9.04M	USD	3 Qtrs
Net Loss applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.95M	USD	3 Qtrs
Net Loss applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.89M	USD	1 Quarter
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	`EarningsPerShareBasicAndDiluted`	$-1.31	USD	1 Quarter
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	`EarningsPerShareBasicAndDiluted`	$-1.87	USD	3 Qtrs
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	`EarningsPerShareBasicAndDiluted`	$-0.44	USD	1 Quarter
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	`EarningsPerShareBasicAndDiluted`	$-3.50	USD	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.84M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.58M	shares	3 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.58M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.70M	shares	1 Quarter

Cash Flow Statement 129 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-2.45M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.54M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.37M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-9.04M	USD	3 Qtrs
Depreciation	`Depreciation`	$191.54K	USD	3 Qtrs
Depreciation	`Depreciation`	$125.55K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$926.68K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.12M	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$690.41K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$515.03K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$136.23K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$136.23K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-272.75K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$282.82K	USD	3 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$22.41K	USD	3 Qtrs
Non-cash inventory charge	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	-	USD	3 Qtrs
Non-cash inventory charge	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	$48.41K	USD	3 Qtrs
Inducement expense	`InducementExpense`	$100.00K	USD	1 Quarter
Inducement expense	`InducementExpense`	-	USD	3 Qtrs
Inducement expense	`InducementExpense`	-	USD	1 Quarter
Inducement expense	`InducementExpense`	$755.00K	USD	3 Qtrs
Change in fair value of derivative liabilities	`AssetsFairValueAdjustment`	$2.30M	USD	3 Qtrs
Change in fair value of derivative liabilities	`AssetsFairValueAdjustment`	-	USD	3 Qtrs
Loss on conversion of convertible note interest	`LossOnConversionOfConvertibleNoteInterest`	-	USD	3 Qtrs
Loss on conversion of convertible note interest	`LossOnConversionOfConvertibleNoteInterest`	$44.63K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$151.47K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$372.38K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$461.44K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.09M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-618.99K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$325.34K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$236.96K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$276.71K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$449.19K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$887.34K	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$-125.34K	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$2.67M	USD	3 Qtrs
Total Adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$2.70M	USD	3 Qtrs
Total Adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$7.35M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.34M	USD	3 Qtrs
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.02M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.49M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.96K	USD	3 Qtrs
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.39M	USD	3 Qtrs
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Purchase of equipment	`PurchaseOfEquipment`	$335.04K	USD	3 Qtrs
Purchase of equipment	`PurchaseOfEquipment`	$39.07K	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-337.00K	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.93M	USD	3 Qtrs
Proceeds received from issuance of Series A preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.87M	USD	3 Qtrs
Proceeds received from issuance of Series A preferred stock, net	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Proceeds received from issuance of Series B preferred stock, net	`ProceedsFromIssuanceOfSeriesBPreferredStock`	$4.09M	USD	3 Qtrs
Proceeds received from issuance of Series B preferred stock, net	`ProceedsFromIssuanceOfSeriesBPreferredStock`	-	USD	3 Qtrs
Proceeds received in connection with issuance of common stock and warrants, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds received in connection with issuance of common stock and warrants, net	`ProceedsFromIssuanceOfCommonStock`	$2.49M	USD	3 Qtrs
Pay down of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	3 Qtrs
Pay down of short-term debt	`RepaymentsOfShortTermDebt`	$250.00K	USD	3 Qtrs
Proceeds received from short-term promissory note	`ProceedsFromOtherShortTermDebt`	-	USD	3 Qtrs
Proceeds received from short-term promissory note	`ProceedsFromOtherShortTermDebt`	$400.00K	USD	3 Qtrs
Revolver borrowings, net	`ProceedsFromDebtNetOfIssuanceCosts`	$14.00M	USD	3 Qtrs
Revolver borrowings, net	`ProceedsFromDebtNetOfIssuanceCosts`	-	USD	3 Qtrs
Proceeds from convertible notes payable, net	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from convertible notes payable, net	`ProceedsFromConvertibleDebt`	$1.48M	USD	3 Qtrs
Fees paid in connection with equity offerings	`PaymentConnectionWithEquityOfferings`	-	USD	3 Qtrs
Fees paid in connection with equity offerings	`PaymentConnectionWithEquityOfferings`	$44.52K	USD	3 Qtrs
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	$50.00K	USD	3 Qtrs
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	$650.00K	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$20.12M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.63M	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.16M	USD	3 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.05M	USD	3 Qtrs
Cash Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$147.37K	USD	Point-in-time
Cash Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$418.99K	USD	Point-in-time
Cash Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.20M	USD	Point-in-time
Cash Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Cash End of Period	`CashAndCashEquivalentsAtCarryingValue`	$147.37K	USD	Point-in-time
Cash End of Period	`CashAndCashEquivalentsAtCarryingValue`	$418.99K	USD	Point-in-time
Cash End of Period	`CashAndCashEquivalentsAtCarryingValue`	$2.20M	USD	Point-in-time
Cash End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.58M	USD	Point-in-time
Interest	`InterestPaid`	$237.50K	USD	3 Qtrs
Interest	`InterestPaid`	-	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	$8.76K	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	$1.00K	USD	3 Qtrs
Equipment purchases on payment terms	`EquipmentPurchasesOnPaymentTerms`	-	USD	3 Qtrs
Equipment purchases on payment terms	`EquipmentPurchasesOnPaymentTerms`	$13.04K	USD	3 Qtrs
Fees incurred in connection with revolving credit facility	`FeesIncurredInConnectionWithRevolvingCreditFacility`	$350.00K	USD	3 Qtrs
Fees incurred in connection with revolving credit facility	`FeesIncurredInConnectionWithRevolvingCreditFacility`	-	USD	3 Qtrs
Accrued fees incurred in connection with equity offerings	`AccruedFeesIncurredInConnectionWithEquityOfferings`	$160.47K	USD	3 Qtrs
Accrued fees incurred in connection with equity offerings	`AccruedFeesIncurredInConnectionWithEquityOfferings`	$191.73K	USD	3 Qtrs
Issuance of common stock in connection with accelerated installments of notes payable	`IssuanceOfCommonStockInConnectionWithAcceleratedInstallmentsOfNotesPayable`	$3.29M	USD	3 Qtrs
Issuance of common stock in connection with accelerated installments of notes payable	`IssuanceOfCommonStockInConnectionWithAcceleratedInstallmentsOfNotesPayable`	-	USD	3 Qtrs
Issuance of common stock in connection with conversion of interest on convertible notes	`IssuanceOfCommonStockInConnectionWithConversionOfInterestOnConvertibleNotes`	$291.59K	USD	3 Qtrs
Issuance of common stock in connection with conversion of interest on convertible notes	`IssuanceOfCommonStockInConnectionWithConversionOfInterestOnConvertibleNotes`	-	USD	3 Qtrs
Reclassification of conversion feature liability in connection with note modification	`ReclassificationOfConversionFeatureLiabilityInConnectionWithNoteModification`	-	USD	3 Qtrs
Reclassification of conversion feature liability in connection with note modification	`ReclassificationOfConversionFeatureLiabilityInConnectionWithNoteModification`	$1.70M	USD	3 Qtrs
Issuance of common stock in connection with conversion of Series A preferred stock	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesAPreferredStock`	$1.56M	USD	3 Qtrs
Issuance of common stock in connection with conversion of Series A preferred stock	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesAPreferredStock`	-	USD	3 Qtrs
Accrued Series A preferred dividends	`AccruedSeriesAPreferredDividends`	-	USD	3 Qtrs
Accrued Series A preferred dividends	`AccruedSeriesAPreferredDividends`	$143.47K	USD	3 Qtrs
Accrued Series B preferred dividends	`AccruedSeriesBPreferredDividends`	-	USD	3 Qtrs
Accrued Series B preferred dividends	`AccruedSeriesBPreferredDividends`	$209.38K	USD	3 Qtrs
Exchange of short-term promissory note for Series A preferred stock	`ExchangeOfShortTermPromissoryNoteSeriesAPreferredStock`	-	USD	3 Qtrs
Exchange of short-term promissory note for Series A preferred stock	`ExchangeOfShortTermPromissoryNoteSeriesAPreferredStock`	$400.00K	USD	3 Qtrs
Current assets, including cash acquired	`CurrentAssetsIncludingCashAcquired`	-	USD	3 Qtrs
Current assets, including cash acquired	`CurrentAssetsIncludingCashAcquired`	$3.54M	USD	3 Qtrs
Property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$227.84K	USD	3 Qtrs
Property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	3 Qtrs
Goodwill and other intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$24.35M	USD	3 Qtrs
Goodwill and other intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	-	USD	3 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$716.60K	USD	3 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	-	USD	3 Qtrs
Net Assets Acquired	`NetAssetsAcquired`	-	USD	3 Qtrs
Net Assets Acquired	`NetAssetsAcquired`	$27.40M	USD	3 Qtrs
Less: cash paid to acquire LogicMark	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$17.50M	USD	3 Qtrs
Less: cash paid to acquire LogicMark	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	-	USD	3 Qtrs
Non cash consideration	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	-	USD	3 Qtrs
Non cash consideration	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	$9.90M	USD	3 Qtrs
Note payable issued to sellers	`NotesIssued1`	$2.50M	USD	3 Qtrs
Note payable issued to sellers	`NotesIssued1`	-	USD	3 Qtrs
Common stock and warrants issued to sellers	`CommonStockAndWarrantsIssued`	$900.00K	USD	3 Qtrs
Common stock and warrants issued to sellers	`CommonStockAndWarrantsIssued`	-	USD	3 Qtrs
Earn-out provision	`EarnOutProvision`	$6.50M	USD	3 Qtrs
Earn-out provision	`EarnOutProvision`	-	USD	3 Qtrs
Non-cash consideration	`OtherNoncashInvestingAndFinancingItems`	$9.90M	USD	3 Qtrs
Non-cash consideration	`OtherNoncashInvestingAndFinancingItems`	-	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.