LGMK — what changed in the latest 10-Q
A section-by-section comparison of LGMK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-19 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +17 | −14 | ~5 | 3 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-19
On July 28, 2026, the Company entered into the Securities Purchase Agreement with the Investor pursuant to which the Company agreed to issue and sell 250,000 shares of its Series J Preferred Stock for aggregate gross proceeds of $250,000. The transaction closed on July 30, 2026. In connection with t…
On July 31, 2026, the Company entered into the Merger Agreement with Parent and Merger Sub, pursuant to which Merger Sub will merge with and into the Company, with the Company surviving the merger as a wholly owned subsidiary of Parent. Pursuant to the terms of the Merger Agreement, each share Commo…
Three and six months ended June 30, 2026, compared with the three and six months ended June 30, 2025.
We experienced a 17% and 21% increase in revenue for the three and six months ended June 30, 2026, respectively, as compared to the same period ended June 30, 2025. The primary reason for the increase in revenue was due to continued higher sales of our Freedom Alert Mini units, and our upgraded Guar…
Gross profit margin was 70.2% for the six months ended June 30, 2026, up from 65.6% for the six months ended June 30, 2025, as a result of a decrease in shipping and fulfillment costs, decrease in inbound freight, and a price increase that was implemented in late January 2026.
Text removed vs the prior filing · source: 10-Q · 2026-05-15
Three months ended March 31, 2026, compared with the three months ended March 31, 2025.
We experienced a 24% increase in revenue for the three months ended March 31, 2026, as compared to the same period ended March 31, 2025. The primary reason for the increase in revenue was due to continued higher sales of our Freedom Alert Mini units, and our upgraded Guardian Alert 911 Plus.
Gross profit margin was 69.6% for the three months ended March 31, 2026, up from 63.5% for the three months ended March 31, 2025, as a result of a decrease in shipping and fulfillment costs and a price increase that was implemented in late January 2026.
The $34.1 thousand increase in direct operating cost for the three months ended March 31, 2026, compared to the same period ended March 31, 2025, was primarily driven by an increase in merchant fees due to higher revenues.
The $96.2 thousand decrease in advertising costs for the three months ended March 31, 2026, compared to the same period ended March 31, 2025, was primarily driven by the shift away from sales to the business-to-consumer channel.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice