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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 40,871 $ 40,711
Marketable securities 19 22
Accounts receivable, net of reserves of $53 and $58, respectively 269 356
Inventories, net 213 204
Prepaid expenses and other current assets 315 273
Total current assets 41,687 41,566
Right-of-use lease assets 61 75
Intangible assets, net 52 57
Deferred income tax assets 151 152
Total assets 41,951 41,850
Current liabilities:    
Accounts payable 235 93
Accrued compensation and commissions 172 264
Income taxes payable 14 41
Other accrued expenses 95 76
Total current liabilities 516 474
Other liabilities 701 694
Total liabilities 1,217 1,168
Stockholders' equity:    
Common stock ($0.01 par value; 30,000,000 shares authorized; 5,434,521 shares issued and 5,352,937 shares outstanding as of March 31, 2024 and December 31, 2023) 53 53
Treasury stock, at cost (81,584 shares as of March 31, 2024 and December 31, 2023) (580) (580)
Additional paid-in capital 46,358 46,349
Accumulated deficit (7,039) (7,060)
Total LGL Group stockholders' equity 38,792 38,762
Non-controlling interests 1,942 1,920
Total stockholders' equity 40,734 40,682
Total liabilities and stockholders' equity $ 41,951 $ 41,850