LGL GROUP INC
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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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.
Jun 30, 2026 · Filed Aug 14, 2026
LGL$6.77+2.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in thousands, except share data) | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Assets: | ||
| Current assets: | ||
| Cash and cash equivalents | $45,115 | $41,514 |
| Restricted cash and cash equivalents | 320 | — |
| Marketable securities | 41 | 36 |
| Accounts receivable, net of allowance of $52 and $52, respectively | 538 | 572 |
| Inventories, net | 628 | 297 |
| Prepaid expenses and other current assets | 364 | 255 |
| Warrant proceeds receivable | — | 3,650 |
| Total current assets | 47,006 | 46,324 |
| Convertible promissory note, at fair value | 1,968 | — |
| Right-of-use lease assets | 237 | 247 |
| Intangible assets, net | 4 | 15 |
| Deferred income tax assets | 462 | 190 |
| Other assets | 7 | — |
| Total assets | $49,684 | $46,776 |
| Liabilities: | ||
| Current liabilities: | ||
| Accounts payable | 1,041 | 366 |
| Accrued compensation and commissions | 280 | 250 |
| Income taxes payable | — | 45 |
| Other accrued expenses | 490 | 254 |
| Total current liabilities | 1,811 | 915 |
| Other liabilities | 286 | 296 |
| Total liabilities | 2,097 | 1,211 |
| Contingencies (Note 12) | ||
| Stockholders' equity: | ||
| Common stock ($0.01 par value; 30,000,000 shares authorized; 6,683,482 shares issued and 6,550,435 shares outstanding as of June 30, 2026; 6,307,997 shares issued and 6,174,950 shares outstanding as of December 31, 2025) | 65 | 61 |
| Treasury stock, at cost (133,047 shares as of June 30, 2026 and December 31, 2025, respectively) | (946) | (946) |
| Additional paid-in capital | 52,138 | 50,313 |
| Accumulated deficit | (6,915) | (5,940) |
| Total LGL Group stockholders' equity | 44,342 | 43,488 |
| Non-controlling interests | 3,245 | 2,077 |
| Total stockholders' equity | 47,587 | 45,565 |
| Total liabilities and stockholders' equity | $49,684 | $46,776 |
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