Lifeloc Technologies Inc. (LCTC)
OTC PINK OTC PINK Primary Summary
LCTC Chart
Lifeloc Technologies Secures $750,000 Financing to Support Growth and Innovation
WHEAT RIDGE, CO / ACCESSWIRE / January 7, 2025 / Lifeloc Technologies, Inc. (OTC PINK:LCTC), a leading provider of portable breath alcohol testing devices and related solutions, today announced the successful closing of a $750,000 financing transaction through a subordinated debenture agreement with Diamond Bridge Capital, LP. The financing also includes a warrant granting Diamond Bridge Capital the right to purchase up to 62,500 shares of Lifeloc's common stock at a strike price of $4.50 per share.
Lifeloc Reports Third Quarter 2024 Results
WHEAT RIDGE, CO / ACCESSWIRE / November 12, 2024 / Lifeloc Technologies, Inc. (OTC PINK:LCTC), a global leader in the development and manufacturing of breath alcohol and drug testing devices, has announced financial results for the quarter ended September 30, 2024. Third Quarter Financial Highlights Lifeloc posted quarterly net revenue of $2.087 million in the third quarter of 2024, resulting in a quarterly net loss of $(158) thousand, or $(0.06) per diluted share.
Lifeloc Reports Second Quarter 2024 Results
WHEAT RIDGE, CO / ACCESSWIRE / August 8, 2024 / Lifeloc Technologies, Inc. (OTC PINK:LCTC), a global leader in the development and manufacturing of breath alcohol and drug testing devices, has announced financial results for the quarter ended June 30, 2024. Second Quarter Financial Highlights Lifeloc posted quarterly net revenue of $2.387 million in the second quarter of 2024, resulting in a quarterly net loss of $(298) thousand, or $(0.12) per diluted share.
Lifeloc Technologies Inc. (LCTC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Lifeloc Technologies Inc. ever had a stock split?
Lifeloc Technologies Inc. Profile
| Automobile Components Industry | Consumer Discretionary Sector | Wayne R. Willkomm CEO | OTC PINK Exchange | 53220Y207 CUSIP |
| US Country | 37 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Lifeloc Technologies, Inc., founded in 1983 and based in Wheat Ridge, Colorado, is a prominent company specializing in the development, manufacturing, and global distribution of portable hand-held and fixed station breathalyzers. Primarily serving law enforcement, workplace, corrections, original equipment manufacturing (OEM), and consumer markets, Lifeloc distinguishes itself through its commitment to reliability and accuracy. Operating as a subsidiary of EDCO Partners LLLP, the company has expanded its portfolio to include online drug and alcohol training courses, as well as engaging in the ownership and rental of real property via commercial leases. This multi-faceted approach to its operations underscores Lifeloc’s dedication to promoting safety and compliance in various professional and personal settings.
Products and Services
- Fuel-cell based breath alcohol testing equipment:
This category encompasses Lifeloc’s core product offerings, providing state-of-the-art breathalyzers that leverage fuel-cell technology for precise alcohol measurement. These devices are designed for use in critical applications by law enforcement agencies, workplaces, and corrections facilities.
- Supplies, accessories, services, and training:
Lifeloc not only sells breathalyzers but also offers a comprehensive line of supplies and accessories to support its customers’ alcohol testing programs. This includes services and training aimed at ensuring the effective and efficient use of their products in various settings.
- Online drug and alcohol training and refresher courses:
In addition to hardware, Lifeloc has developed a series of online training and refresher courses. These educational resources are designed to enhance knowledge around drug and alcohol testing, promoting safer workplace and community environments.
- Sentinel zero tolerance alcohol screening station:
This product represents Lifeloc’s commitment to enforcing strict alcohol policies in sensitive areas. The Sentinel station is an automated, wall-mounted breathalyzer designed for zero tolerance workplaces and institutions, facilitating quick and non-invasive alcohol screening.
- R.A.D.A.R alcohol detection and reporting systems:
Pioneered by Lifeloc, the R.A.D.A.R system is a sophisticated solution for alcohol monitoring with real-time detection and reporting capabilities. This system is aimed at offering organizations a dynamic tool for alcohol policy enforcement.
- Calibration products:
To maintain the accuracy and reliability of breath alcohol testing equipment, Lifeloc provides an array of calibration products. These tools are essential for the routine maintenance and calibration of breathalyzers to adhere to legal and regulatory standards.
- Breath testing devices:
Last but not least, Lifeloc’s array of breath testing devices encompasses various models tailored to different needs and applications. From portable units for law enforcement officers to more sophisticated systems for workplace screening, Lifeloc ensures a solution for virtually any alcohol testing requirement.
