Consolidated and Combined Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 926	$ 2,635
Accounts receivable, net of allowances of $142 and $131, respectively	5,197	3,995
Inventories, net	7,518	5,221
Prepaid expenses and other current assets	673	242
Total Current Assets	14,314	12,093
Property, Plant and Equipment
Land	536	536
Buildings and improvements	4,937	4,869
Machinery and equipment	19,044	18,176
Gross property, plant and equipment	24,517	23,581
Less: accumulated depreciation	(20,870)	(20,199)
Net property, plant and equipment	3,647	3,382
Right-of-use lease asset	147	218
Due from related party		1,969
Intangible assets, net	98	152
Deferred income tax asset	1,051	2,187
Other assets	16	5
Total Assets	19,273	20,006
Current Liabilities:
Accounts payable	2,381	1,396
Accrued compensation and commissions expense	1,627	1,213
Other accrued expenses	614	403
Income taxes payable	234
Total Current Liabilities	4,856	3,012
Long-term lease liability	76	145
Total Liabilities	4,932	3,157
Contingencies (Note I)
Stockholders' Equity
Preferred stock - $0.01 par value; 5,000,000 shares authorized, none issued
Common stock - $0.01 par value; 25,000,000 shares authorized; 2,726,798 and 0 shares issued and outstanding, respectively.	27
Additional paid-in capital	14,102
Retained earnings	212
Net investment by The LGL Group, Inc.		16,849
Total Equity	14,341	16,849
Total Liabilities and Stockholders' Equity	$ 19,273	$ 20,006