XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income attributable to LGL Group or non-controlling interests $ 294 $ 157
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 0 1
Amortization of finite-lived intangible assets 16 15
Stock-based compensation 27 0
Realized loss on sale of marketable securities 0 4,316
Unrealized loss (gain) on marketable securities 6 (4,700)
Deferred income taxes 25 48
Changes in operating assets and liabilities:    
Decrease in accounts receivable, net 223 270
(Increase) decrease in inventories, net (134) 74
Decrease in prepaid expenses and other assets 88 212
Increase in accounts payable, accrued compensation, income taxes and commissions and other 346 61
Total adjustments 597 297
Net cash provided by operating activities 891 454
Cash flows from investing activities:    
Cash from consolidation of LGL Systems 0 1,869
Proceeds from sale of marketable securities 0 16,947
Net cash provided by investing activities 0 18,816
Increase in cash and cash equivalents 891 19,270
Cash and cash equivalents at beginning of period 40,711 21,507
Cash and cash equivalents at end of period 41,602 40,777
Supplemental Disclosure:    
Income taxes paid $ 76 $ 207