LGL Group Inc. (The) (LGLWT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2525 SHADER ROAD ORLANDO, FL 32804 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3679 - Electronic Components, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 41,602 | 41,618 | 41,092 | 40,890 | 40,733 | 40,799 | |||
| Cash and cash equivalent | 41,585 | 41,602 | 41,074 | 40,871 | 40,711 | 40,777 | |||
| Short-term investments | 17 | 16 | 18 | 19 | 22 | 22 | |||
| Receivables | 493 | 133 | 339 | 269 | 356 | 273 | |||
| Inventory, net of allowances, customer advances and progress billings | 267 | 338 | 336 | 213 | 204 | 191 | |||
| Inventory | 267 | 338 | 336 | 213 | 204 | 191 | |||
| Other undisclosed current assets | 280 | 185 | 236 | 315 | 273 | 239 | |||
| Total current assets: | 42,642 | 42,274 | 42,003 | 41,687 | 41,566 | 41,502 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 308 | 149 | 157 | 151 | 75 | 71 | |||
| Property, plant and equipment | 21 | 41 | 61 | ||||||
| Intangible assets, net (including goodwill), including: | 36 | 41 | 46 | 52 | 57 | 63 | |||
| Intangible assets, net (excluding goodwill) | 36 | 41 | 46 | 52 | 57 | ||||
| Other undisclosed intangible assets, net (including goodwill) | 63 | ||||||||
| Deferred income tax assets | 159 | 152 | 186 | ||||||
| Total noncurrent assets: | 503 | 211 | 244 | 264 | 284 | 320 | |||
| TOTAL ASSETS: | 43,145 | 42,485 | 42,247 | 41,951 | 41,850 | 41,822 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 904 | 739 | 621 | 516 | 474 | 611 | |||
| Accounts payable | 333 | 264 | 223 | 235 | 93 | 215 | |||
| Accrued liabilities | 571 | 475 | 398 | 281 | 381 | 396 | |||
| Total current liabilities: | 904 | 739 | 621 | 516 | 474 | 611 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1,001 | 743 | 722 | 701 | 694 | 692 | |||
| Other liabilities | 1,001 | 743 | 722 | 701 | 694 | 692 | |||
| Total noncurrent liabilities: | 1,001 | 743 | 722 | 701 | 694 | 692 | |||
| Total liabilities: | 1,905 | 1,482 | 1,343 | 1,217 | 1,168 | 1,303 | |||
| Equity | |||||||||
| Equity, attributable to parent | 39,230 | 39,019 | 38,938 | 38,792 | 38,762 | 38,625 | |||
| Common stock | 53 | 53 | 53 | 53 | 53 | 53 | |||
| Treasury stock, value | (580) | (580) | (580) | (580) | (580) | (580) | |||
| Additional paid in capital | 46,385 | 46,376 | 46,367 | 46,358 | 46,349 | 46,346 | |||
| Accumulated deficit | (6,628) | (6,830) | (6,902) | (7,039) | (7,060) | (7,194) | |||
| Equity, attributable to noncontrolling interest | 2,010 | 1,984 | 1,966 | 1,942 | 1,920 | 1,894 | |||
| Total equity: | 41,240 | 41,003 | 40,904 | 40,734 | 40,682 | 40,519 | |||
| TOTAL LIABILITIES AND EQUITY: | 43,145 | 42,485 | 42,247 | 41,951 | 41,850 | 41,822 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,157 | 1,179 | 1,068 | 888 | 995 | 978 | ||
| Cost of revenue | (2,295) | (368) | (214) | (204) | 1,583 | (195) | ||
| Cost of product and service sold | (368) | (214) | (204) | (195) | ||||
| Gross profit: | (1,138) | 811 | 854 | 684 | 2,578 | 783 | ||
| Operating expenses | (512) | 15 | ||||||
| Operating income (loss): | (1,650) | 811 | 854 | 684 | 2,593 | 783 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,650) | 811 | 854 | 684 | 2,593 | 783 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,895 | (673) | (617) | (605) | (2,236) | (584) | ||
| Income from continuing operations before income taxes: | 245 | 138 | 237 | 79 | 357 | 199 | ||
| Income tax expense | (17) | (48) | (76) | (36) | (169) | (69) | ||
| Income from continuing operations: | 228 | 90 | 161 | 43 | 188 | 130 | ||
| Other undisclosed net loss | (28) | |||||||
| Net income: | 228 | 90 | 161 | 43 | 160 | 130 | ||
| Net loss attributable to noncontrolling interest | (26) | (18) | (24) | (22) | (26) | (22) | ||
| Net income (loss) available to common stockholders, diluted: | 202 | 72 | 137 | 21 | 134 | 108 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 228 | 90 | 161 | 43 | 160 | 130 | ||
| Comprehensive income: | 228 | 90 | 161 | 43 | 160 | 130 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (26) | (18) | (24) | (22) | (26) | (22) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 202 | 72 | 137 | 21 | 134 | 108 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.