{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-037648","form_type":"8-K","ticker":"LGL","cik":"0000061004","company_name":"LGL GROUP INC","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.256898+00:00","generated_at":"2026-06-21T21:36:35.559302+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LGL Group Q3 revenue up 16.8% to $8.8M; net loss $0.27/diluted share; MtronPTI spin-off completed","bullets":["Revenue $8.8M (+16.8% YoY); 9-month revenue $24.3M (+16.2%).","Diluted net loss $0.27 per share vs income $5.97 prior-year quarter; 9-month loss $0.58.","Backlog $44.2M at Sep 30, 2022, up 48.3% from Dec 31, 2021.","Realized/unrealized losses of $4.4M from IronNet (IRNT) investment for 9 months.","Completed spin-off of MtronPTI (MPTI) on Oct 7, 2022; stockholders got 0.5 share per LGL share."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-037648","json":"https://secwatch.observer/filing/0001564590-22-037648.json","markdown":"https://secwatch.observer/filing/0001564590-22-037648.md","text":"https://secwatch.observer/filing/0001564590-22-037648.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/61004/000156459022037648/0001564590-22-037648-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/61004/000156459022037648/lgl-8k_20221114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:36:35.559302+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d3cdcba95de42a7c8ac6c8b3cfaef38f5b32597","claim":"LGL GROUP INC reported three months ended September 30, 2022 results: revenue $8.8 million, EPS $(0.27) per diluted share.","evidence_excerpt":"Revenue of $8.8 million for the three months ended September 30, 2022 increased 16.8% compared to $7.5 million for the comparable prior year period. For the nine months ended September 30, 2022, revenue was $24.3 million, a 16.2% increase from the $20.9 million reported for the comparable prior year period. • Realized and unrealized losses aggregating $4.4 million for the nine months ended September 30, 2022, largely related to unrealized losses recorded for the Company’s ongoing investment in IronNet, Inc. • Diluted net loss of $0.27 per share compared to income of $5.97 for the prior year quarter, and a loss of $0.58 for the nine months versus income of $5.96 for the comparable prior year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/61004/000156459022037648/0001564590-22-037648-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2022"},{"label":"Revenue","value":"$8.8 million"},{"label":"EPS","value":"$(0.27) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"df5c74f792f8f4036974cc31be8c1072010d4700","claim":"LGL GROUP INC reported nine months ended September 30, 2022 results: revenue $24.3 million, net income $3.1 million, EPS a loss of $0.58.","evidence_excerpt":"Revenue of $8.8 million for the three months ended September 30, 2022 increased 16.8% compared to $7.5 million for the comparable prior year period. For the nine months ended September 30, 2022, revenue was $24.3 million, a 16.2% increase from the $20.9 million reported for the comparable prior year period. • Realized and unrealized losses aggregating $4.4 million for the nine months ended September 30, 2022, largely related to unrealized losses recorded for the Company’s ongoing investment in IronNet, Inc. • Diluted net loss of $0.27 per share compared to income of $5.97 for the prior year quarter, and a loss of $0.58 for the nine months versus income of $5.96 for the comparable prior year period. • Backlog of $44.2 million at September 30, 2022, up 48.3% versus $29.8 million as of Q4 2021 and up 102.3% compared to $21.8 million at September 30, 2021. • Net working capital of $47.7 million including cash and marketable securities of $39.4 million and $7.6 million of inventory as of Se","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/61004/000156459022037648/0001564590-22-037648-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended September 30, 2022"},{"label":"Revenue","value":"$24.3 million"},{"label":"Net income","value":"$3.1 million"},{"label":"EPS","value":"a loss of $0.58"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}