XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Net sales $ 491 $ 531 $ 989 $ 923
Net investment income [1] 428 538 845 1,037
Net gains (losses) 5 (1) 8 (4)
Total revenues 924 1,068 1,842 1,956
Expenses:        
Manufacturing cost of sales 211 214 448 418
Engineering, selling and administrative 744 617 1,384 1,222
Total expenses 955 831 1,832 1,640
(Loss) income from operations before income taxes (31) 237 10 316
Income tax expense (14) (76) (42) (112)
Net (loss) income (45) 161 (32) 204
Less: Net income attributable to non-controlling interests 6 24 25 46
Net (loss) income attributable to LGL Group common stockholders $ (51) $ 137 $ (57) $ 158
(Loss) income per common share attributable to LGL Group common stockholders:        
Basic (in dollars per share) $ (0.01) $ 0.03 $ (0.01) $ 0.03
Diluted (in dollars per share) $ (0.01) $ 0.02 $ (0.01) $ 0.03
Weighted average shares outstanding:        
Basic (in shares) 5,352,937 5,352,937 5,352,937 5,352,937
Diluted (in shares) 5,352,937 5,482,543 5,352,937 5,548,869
[1] Interest revenue is included in Net investment income on the Consolidated Statements of Operations.