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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 41,074 $ 40,711
Marketable securities 18 22
Accounts receivable, net of reserves of $52 and $58, respectively 339 356
Inventories, net 336 204
Prepaid expenses and other current assets 236 273
Total current assets 42,003 41,566
Right-of-use lease assets 41 75
Intangible assets, net 46 57
Deferred income tax assets 157 152
Total assets 42,247 41,850
Current liabilities:    
Accounts payable 223 93
Accrued compensation and commissions 219 264
Income taxes payable 73 41
Other accrued expenses 106 76
Total current liabilities 621 474
Other liabilities 722 694
Total liabilities 1,343 1,168
Contingencies (Note 12)
Stockholders' equity:    
Common stock ($0.01 par value; 30,000,000 shares authorized; 5,454,639 shares issued and 5,373,055 shares outstanding as of June 30, 2024 and December 31, 2023) 53 53
Treasury stock, at cost (81,584 shares as of June 30, 2024 and December 31, 2023) (580) (580)
Additional paid-in capital 46,367 46,349
Accumulated deficit (6,902) (7,060)
Total LGL Group stockholders' equity 38,938 38,762
Non-controlling interests 1,966 1,920
Total stockholders' equity 40,904 40,682
Total liabilities and stockholders' equity $ 42,247 $ 41,850