secwatch.observer — SEC 8-K summary
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Issuer:     LGL GROUP INC (LGL)
CIK:        0000061004
Form:       8-K
Filed at:   2026-08-14T20:21:14+00:00
Accession:  0001437749-26-028019
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LGL Group Q2 2026 net loss widens to $353K; revenue up 24.8% to $1.15M
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- Revenue $1.153M, up 24.8% YoY; net loss $353K vs $51K loss in Q2 2025.
- Backlog $3.628M as of June 30, 2026, up from $625K at Dec 31, 2025; $6.0M orders from satellite customer.
- Completed rights offering July 24, 2026: 6,062,714 shares, gross proceeds $41.8M, cash now over $86M.
- Gross margin fell to 49.2% from 57.0% due to volume-based pricing to a single customer.
- Book value per share $6.77, down from $7.04; cash and marketable securities $45.2M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61004/000143774926028019/0001437749-26-028019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61004/000143774926028019/lglg20260521_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-028019

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