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$6.60-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(Unaudited**)**
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands) | 2026 | 2025 |
| Cash flows from operating activities: | ||
| Net (loss) income | $(605) | $13 |
| Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities: | ||
| Noncash revenues, expenses, gains and losses included in income: | ||
| Amortization of finite-lived intangible assets | 6 | 6 |
| Stock-based compensation | 688 | 9 |
| Unrealized gain on marketable securities | (14) | (3) |
| Deferred income taxes | (177) | 22 |
| Changes in operating assets and liabilities: | ||
| Decrease in accounts receivable, net | 288 | 187 |
| Decrease in inventories, net | 19 | 26 |
| Increase in prepaid expenses and other assets | (3) | (48) |
| Increase in accounts payable, accrued compensation, income taxes and commissions and other | 299 | 128 |
| Total adjustments | 1,106 | 327 |
| Net cash provided by operating activities | 501 | 340 |
| Cash flows from financing activities: | ||
| Proceeds from exercise of warrants, net of costs | 4,640 | — |
| Payment for taxes related to net share settlement of equity awards | (9) | — |
| Net cash provided by financing activities | 4,631 | — |
| Increase in cash and cash equivalents | 5,132 | 340 |
| Cash and cash equivalents at beginning of period | 41,514 | 41,585 |
| Cash and cash equivalents at end of period | $46,646 | $41,925 |
| Supplemental disclosure: | ||
| Income taxes paid | $52 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.