LGL GROUP INC
For the period ended Mar 31, 2026. Filed May 11, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
LGL$6.77+2.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| (in thousands, except share data) | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Assets: | ||
| 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 | — | 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 |
| Liabilities: | ||
| Current liabilities: | ||
| Accounts payable | 690 | 366 |
| Accrued compensation and commissions | 264 | 250 |
| Income taxes payable | — | 45 |
| Other accrued expenses and liabilities | 257 | 254 |
| Total current liabilities | 1,211 | 915 |
| Other liabilities | 283 | 296 |
| Total liabilities | 1,494 | 1,211 |
| Contingencies (Note 12) | ||
| 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.