The LGL Group, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $41.5M | $41.6M | $40.7M | $21.5M | $26.4M | $18.3M | $12.5M | $15.5M |
| Accounts Receivable | $572.0K | $493.0K | $356.0K | $543.0K | $672.0K | $4.1M | $4.4M | $3.4M |
| Inventory | $297.0K | $267.0K | $204.0K | $265.0K | $271.0K | $5.3M | $6.0M | $4.5M |
| Total Current Assets | $46.3M | $42.6M | $41.6M | $39.3M | $55.8M | $33.8M | $28.9M | $27.4M |
| Property, Plant & Equipment | — | — | $0 | $1.0K | $1.0K | $2.8M | $2.8M | $2.1M |
| Goodwill | — | — | — | — | $40.0K | $40.0K | $40.0K | $40.0K |
| Intangible Assets (Excl. Goodwill) | $15.0K | $36.0K | $57.0K | $78.0K | $100.0K | $287.0K | $362.0K | $437.0K |
| Total Assets | $46.8M | $43.1M | $41.9M | $39.8M | $60.3M | $43.5M | $39.2M | $30.1M |
| Liabilities | ||||||||
| Accounts Payable | $366.0K | $333.0K | $93.0K | $310.0K | $60.0K | $1.2M | $1.9M | $1.4M |
| Total Current Liabilities | $915.0K | $904.0K | $474.0K | $587.0K | $4.4M | $3.4M | $4.1M | $2.8M |
| Long-Term Debt | — | — | — | — | — | $293.0K | $240.0K | — |
| Total Liabilities | $1.2M | $1.9M | $1.2M | $1.3M | $5.6M | $3.7M | $4.3M | $2.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-5.9M | $-6.6M | $-7.1M | $-7.3M | $9.5M | $-5.2M | $-6.2M | $-13.2M |
| Total Stockholders' Equity | $43.5M | $39.2M | $38.8M | $38.5M | $54.7M | $39.8M | $34.9M | $27.3M |