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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 41,735 $ 41,585
Marketable securities 26 17
Accounts receivable, net of reserves of $52 and $52, respectively 263 493
Inventories, net 254 267
Prepaid expenses and other current assets 237 280
Total current assets 42,515 42,642
Right-of-use lease assets 276 308
Intangible assets, net 25 36
Deferred income tax assets 214 159
Total assets 43,030 43,145
Current liabilities:    
Accounts payable 277 333
Accrued compensation and commissions 242 291
Income taxes payable 84 79
Other accrued expenses 278 201
Total current liabilities 881 904
Other liabilities 1,017 1,001
Total liabilities 1,898 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 June 30, 2025 and December 31, 2024, respectively, and 5,389,211 and 5,373,055 shares outstanding as of June 30, 2025 and December 31, 2024, respectively) 53 53
Treasury stock, at cost (81,584 shares as of June 30, 2025 and December 31, 2024) (580) (580)
Additional paid-in capital 46,309 46,385
Accumulated deficit (6,685) (6,628)
Total LGL Group stockholders' equity 39,097 39,230
Non-controlling interests 2,035 2,010
Total stockholders' equity 41,132 41,240
Total liabilities and stockholders' equity $ 43,030 $ 43,145