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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 41,925 $ 41,585
Marketable securities 20 17
Accounts receivable, net of reserves of $52 and $52, respectively 306 493
Inventories, net 241 267
Prepaid expenses and other current assets 328 280
Total current assets 42,820 42,642
Right-of-use lease assets 293 308
Intangible assets, net 30 36
Deferred income tax assets 159 159
Total assets 43,302 43,145
Current liabilities:    
Accounts payable 485 333
Accrued compensation and commissions 232 291
Income taxes payable 84 79
Other accrued expenses 212 201
Total current liabilities 1,013 904
Other liabilities 1,027 1,001
Total liabilities 2,040 1,905
Contingencies (Note 12)
Stockholders' equity:    
Common stock ($0.01 par value; 30,000,000 shares authorized; 5,470,795 and 5,454,639 shares issued as of March 31, 2025 and December 31, 2024, respectively; 5,389,211 and 5,373,055 shares outstanding as of March 31, 2025 and December 31, 2024, respectively) 53 53
Treasury stock, at cost (81,584 shares as of March 31, 2025 and December 31, 2024) (580) (580)
Additional paid-in capital 46,394 46,385
Accumulated deficit (6,634) (6,628)
Total LGL Group stockholders' equity 39,233 39,230
Non-controlling interests 2,029 2,010
Total stockholders' equity 41,262 41,240
Total liabilities and stockholders' equity $ 43,302 $ 43,145