LGL GROUP (LGL) Company Report

Jason Lam has joined as Chief Executive Officer, bringing a background in the Navy SEALs and defense technology, with a focus on growing the company both organically and inorganically in the national security sector.
The company's strategic priorities for the next 12 months include developing its own operating businesses through acquisitions and organic growth, and establishing merchant investment vehicles like SPVs and SPACs.
LGL Group's principal operating business, PTF (precision time and frequency), based in Wakefield, Massachusetts, is positioned as a key growth platform, particularly in the defense industry for advanced precision navigation and timing.
The previously announced acquisition of Morgan Group has been put on hold for reevaluation due to ongoing diligence and new strategic priorities, with capital now being used for other initiatives.
Pro forma, the company has 6.39 million shares outstanding, a market capitalization of approximately $43 million, and an estimated book value of $7.25 per share.

Jan 22, 2026, 4:30 PM

LGL Group Appoints New CEO and Outlines Strategic Priorities

LGL

CEO Change

New Projects/Investments

M&A

Jason Lamb has been appointed Chief Executive Officer, bringing a background as a Navy SEAL and 10 years of experience in defense technology.
The company's strategic priorities for the next 12 months include developing its operating businesses through acquisition and organically, and deploying capital into merchant investment vehicles like SPVs and SPACs.
LGL Group's principal operating business, Precision Time and Frequency (PTF), is positioned for growth, particularly in the defense industry, with plans for inorganic and organic expansion.
The previously announced acquisition of Morgan Group has been put on hold for reevaluation due to ongoing diligence and new strategic priorities.
Pro forma shares outstanding are 6.39 million, with a market capitalization of roughly $43 million and an estimated book value of about $7.25 per share.

Jan 22, 2026, 4:30 PM

LGL Group Appoints New CEO and Outlines Strategic Priorities

LGL

CEO Change

New Projects/Investments

M&A

LGL Group has appointed Jason Lam as its new Chief Executive Officer, who brings extensive experience from the Navy SEALs and defense technology, with a focus on national security capabilities and growing companies in the defense space.
The company's strategic priorities for 2026 and beyond include a strong emphasis on the defense sector, pursuing both organic and inorganic growth, and deploying its balance sheet for new business initiatives and merchant investment vehicles.
Pro forma shares outstanding are 6.39 million, leading to a market capitalization of approximately $43 million, and an estimated book value of about $7.25 per share.
The previously announced acquisition of Morgan Group has been put on hold for reevaluation, citing ongoing diligence and the emergence of new strategic priorities.
A shareholder meeting is planned for the second quarter in New York City, timed with the Annual General Meeting, to discuss developments and investment opportunities.

Jan 22, 2026, 4:30 PM

LGL Group Announces Appointment of Jason Lamb as CEO

LGL

CEO Change

Management Change

Board Change

Jason Lamb has been appointed as the new Chief Executive Officer of The LGL Group, Inc., effective January 5, 2026.
Former CEO Marc Gabelli has transitioned to the role of Executive Chairman of the Board, continuing to provide strategic oversight and leadership.
Mr. Lamb brings over 20 years of leadership experience across special operations, intelligence, technology development, and private equity investing, and is a former Navy SEAL officer.

Jan 7, 2026, 10:16 PM

LGL Group Inc. Reports Third Quarter 2025 Results

LGL

Earnings

Share Buyback

New Projects/Investments

LGL Group Inc. reported net income attributable to common stockholders of $772,000, or $0.14 per diluted share, for the third quarter ended September 30, 2025, a substantial increase from the prior year period.
For Q3 2025, revenues were $1,108,000, a 6.0% decrease from Q3 2024, but gross margin improved to 52.8% from 43.4% in the same period.
As of September 30, 2025, the company maintained strong liquidity with $41.6 million in cash and cash equivalents and marketable securities, and its order backlog grew to $776,000.
The company returned approximately $366,000 to stockholders through share repurchases during the third quarter of 2025.

Nov 13, 2025, 1:58 PM

LGL Group Reports Q2 2025 Financial Results and Announces Share Repurchase

LGL

Earnings

Share Buyback

New Projects/Investments

LGL Group reported a net loss of $51 thousand for the second quarter ended June 30, 2025, or ($0.01) per diluted share, a decrease from net income of $137 thousand, or $0.02 per diluted share, in the prior year period. Total revenues for Q2 2025 were $924 thousand, down 13.5% from Q2 2024.
The Board of Directors authorized the repurchase of $500,000 to $700,000 of LGL Group common stock, not expected to exceed 100,000 shares, with repurchases anticipated to begin in Q2 2025.
The purchase of 1,000,000 newly issued shares of Morgan Group Holding Co. (MGHL) common stock for $2.00 per share remains pending, with completion expected in the third quarter of 2025.
As of June 30, 2025, the company's order backlog stood at $527 thousand, an increase of $191 thousand from December 31, 2024.