LGL GROUP INC (LGL) Form 8-K — Aug 14, 2026
The LGL Group reported second quarter 2026 revenue of $1.15 million, up 24.8% year over year, but its net loss widened to $353,000, or $0.06 per diluted share, from $51,000 a year earlier as stock-based compensation and professional fees climbed. Order momentum was the highlight: Electronic Instruments backlog jumped to $3.63 million from $625,000 at year-end 2025, and the company received $6.0 million of orders from a satellite communications customer through July 31, 2026. LGL completed a rights offering on July 24, 2026, issuing 6,062,714 shares for $41.8 million gross and lifting cash and marketable securities to over $86 million.
Key figures
- Revenue
- 1153000
- Revenue Yoy
- 24.8%
- Cash Position
- 45200000
- Shares Outstanding
- approximately 12.6 million after the July 2026 rights offering
- Total assets
- 49684000
- Q2 2025 revenue
- 924000
- Q2 gross margin
- 49.2%
- Working capital
- 45195000
- Six month revenue
- 2238000
- Backlog dec 31 2025
- 625000
- Backlog june 30 2026
- 3628000
- Book value per share
- 6.77
- Q2 2025 gross margin
- 57.0%
- Six month revenue yoy
- 21.5%
- Warrant exercise price
- 4.75
- Merchant investment cash
- 26.2 million of the $45.2 million
- Rights offering shares issued
- 6062714
- Warrant program shares issued
- 1051664
- Rights offering gross proceeds
- 41.8 million
- Warrant program gross proceeds
- approximately 5.0 million
- Book value per share dec 31 2025
- 7.04
- Satcom orders already in backlog
- 3400000
- Pro forma cash after rights offering
- over $86.0 million
- Rights offering pct of shares offered
- 92.6%
- New satcom orders through july 31 2026
- 6000000
Price after filing
Close on the filing date to close N calendar days later (from $7.55). Historical, not a forecast.
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