May. 13 at 8:29 PM
$LGMK
🚨🚨🚨
Revenue up 24% year-over-year to
$3.2 million in Q1 2026
Gross profit rose 36% to
$2.2 million with 69.6% margin
Gross margin expanded 610 basis points versus prior-year quarter
Total operating expenses decreased 7% to
$3.7 million
Operating loss improved 36% to
$1.5 million
Cash and investments of
$7.5 million with no long-term debt
Company still reported a Q1 2026 operating loss of
$1.5 million
Net loss attributable to common stockholders was
$1.5 million in Q1 2026
Operating expenses of
$3.7 million exceeded gross profit of
$2.2 million in Q1 2026
