Note 11 - Earnings Per Share ("EPS")

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Earnings Per Share [Text Block]

11. Earnings Per Share ("EPS")

The following table presents a reconciliation of Net income (loss) and shares used in calculating basic and diluted net income (loss) per common share for the periods indicated:

	Three Months Ended March 31,
	2025			2024
Numerator for EPS:
Income from continuing operations	$	13		$	43
Less: Net income from continuing operations attributable to non-controlling interests		19			22
Net (loss) income attributable to LGL Group common stockholders	$	(6	)	$	21
Denominator for EPS:
Weighted average common shares outstanding - basic		5,352,937			5,352,937
Dilutive effects:
Warrants		—			246,422
Restricted stock		—			5,071
Weighted average common shares outstanding - diluted		5,352,937			5,604,430
(Loss) income per common share attributable to LGL Group common stockholders:
Basic	$	(0.00	)	$	0.00
Diluted	$	(0.00	)	$	0.00

^(a) For the three months ended March 31, 2025, diluted weighted average shares used for calculating earnings per share excludes warrants to purchase 1,051,664 shares of common stock as well as 36,274 shares from restricted stock awards as the inclusion of these instruments would be anti-dilutive to the earnings per share calculation.