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Consolidated and Combined Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES    
Net income $ 1,798,000 $ 1,582,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 671,000 488,000
Amortization of finite-lived intangible assets 54,000 54,000
Stock-based compensation expense 458,000 292,000
Deferred income tax expense 1,136,000 507,000
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (1,202,000) (47,000)
Increase in inventories, net (2,297,000) (116,000)
(Increase) decrease in prepaid expenses and other assets (422,000) 2,000
Increase in accounts payable, accrued compensation and commissions expense, and other 1,846,000 198,000
Net cash provided by operating activities 2,042,000 2,960,000
INVESTING ACTIVITIES    
Capital expenditures (936,000) (1,099,000)
Net cash used in investing activities (936,000) (1,099,000)
FINANCING ACTIVITIES    
Net transfers from The LGL Group, Inc. (309,000) 1,000
Prepaid financing costs (20,000)  
Payments to related party (2,476,000) (1,683,000)
Tax payments related to share-based awards (10,000)  
Net cash used in financing activities (2,815,000) (1,682,000)
(Decrease) increase in cash and cash equivalents (1,709,000) 179,000
Cash and cash equivalents at beginning of year 2,635,000 2,456,000
Cash and cash equivalents at end of year $ 926,000 $ 2,635,000