v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 46,646 $ 41,514
Marketable securities 50 36
Accounts receivable, net of reserves of $52 and $52, respectively 284 572
Inventories, net 278 297
Prepaid expenses and other current assets 258 255
Warrant proceeds receivable 0 3,650
Total current assets 47,516 46,324
Right-of-use lease assets 231 247
Intangible assets, net 9 15
Deferred income tax assets 367 190
Total assets 48,123 46,776
Current liabilities:    
Accounts payable 690 366
Accrued compensation and commissions 264 250
Income taxes payable 0 45
Other accrued expenses and liabilities 257 254
Total current liabilities 1,211 915
Other liabilities 283 296
Total liabilities 1,494 1,211
Stockholders' equity:    
Common stock ($0.01 par value; 30,000,000 shares authorized; 6,673,482 shares issued and 6,540,435 shares outstanding as of March 31, 2026; 6,307,997 shares issued and 6,174,950 shares outstanding as of December 31, 2025) 64 61
Treasury stock, at cost (133,047 shares as of March 31, 2026 and December 31, 2025) (946) (946)
Additional paid-in capital 51,979 50,313
Accumulated deficit (6,562) (5,940)
Total LGL Group stockholders' equity 44,535 43,488
Non-controlling interests 2,094 2,077
Total stockholders' equity 46,629 45,565
Total liabilities and stockholders' equity $ 48,123 $ 46,776