Core Insights - LGL Group, Inc. has authorized a share repurchase plan of $500,000 to $700,000, expected to begin this quarter, with a maximum of 100,000 shares to be repurchased [1] - The company will present at the Sidoti Small Cap Virtual Conference on September 18, 2025 [3] - LGL Group is in the process of acquiring 1 million newly issued shares of Morgan Group Holding Co. at $2.00 per share, pending final agreements and approvals [4] Financial Performance - For Q2 2025, LGL Group reported revenues of $924,000, a decrease of 13.5% from $1,068,000 in Q2 2024 [10][11] - The gross margin for Q2 2025 was 57.0%, down from 59.7% in Q2 2024, attributed to lower margin product sales [11] - The net loss for Q2 2025 was $51,000, compared to a net income of $137,000 in Q2 2024, marking a 137.2% decline [10][11] Segment Results - In Q2 2025, revenues from Electronic Instruments were $491,000, down 7.5% from $531,000 in Q2 2024 [25] - Merchant Investment revenues decreased by 16.8% to $262,000 from $315,000 in Q2 2024 [25] - Corporate revenues fell by 23.0% to $171,000 from $222,000 in Q2 2024 [25] Backlog and Liquidity - As of June 30, 2025, the order backlog was $527,000, an increase from $336,000 at the end of 2024 but a decrease from $737,000 in June 2024 [14] - Current assets as of June 30, 2025, were $42,515,000, slightly down from $42,642,000 at the end of 2024 [17][24] New Initiatives - The PTF division is developing AI-driven tactical edge device prototypes for agricultural applications, with field tests planned [7][8] - The company does not expect to see material benefits from these new initiatives in 2025 but anticipates medium-term value development [9]

Core Viewpoint - The LGL Group, Inc. reported a slight increase in total revenues for Q1 2025, but experienced a net loss attributable to common stockholders, primarily due to increased costs and lower investment income [2][17]. Financial Results - Total revenues rose by $30,000 to $918,000 for Q1 2025 compared to $888,000 in Q1 2024, driven by higher shipments in the Electronic Instruments segment [2]. - Net loss attributable to common stockholders was ($6,000) for Q1 2025, a decrease from net income of $21,000 in Q1 2024 [2][17]. - Gross margin improved to 52.4% in Q1 2025 from 48.0% in Q1 2024, reflecting a better product mix [3]. Backlog and Liquidity - As of March 31, 2025, the order backlog was $295,000, down $41,000 from $336,000 as of December 31, 2024, with most shipments expected within the next 90 days [4]. - Current assets were $42,820,000 and current liabilities were $1,013,000 as of March 31, 2025, resulting in working capital of $41,807,000 [5]. Segment Performance - Revenues from the Electronic Instruments segment increased by 27% to $498,000 in Q1 2025, while Merchant Investment revenues decreased by 14.5% to $247,000 [18]. - Total expenses rose to $877,000 in Q1 2025, up from $809,000 in Q1 2024, with significant increases in manufacturing costs and engineering, selling, and administrative expenses [18]. Board of Directors Changes - Michael J. Ferrantino, Jr. and Timothy Foufas will not seek re-election to the Board of Directors, focusing instead on the Connectivity Partnership [6]. Cash and Investments - Cash and cash equivalents, along with marketable securities, totaled $42.0 million as of March 31, 2025, with $24.9 million held in the Merchant Investment business [7].