10-Q Filing

M-TRON INDUSTRIES, INC. CIK: 1902314 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-031260`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mpti20230930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 52 Cash Flow Statement 54 Stockholders Equity 32

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, reserves	`AllowanceForDoubtfulAccountsReceivableCurrent`	$142.00K	USD	Point-in-time
Accounts receivable, reserves	`AllowanceForDoubtfulAccountsReceivableCurrent`	$103.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$926.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.55M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net of reserves of $103, and $142, respectively	`AccountsReceivableNetCurrent`	$5.20M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net of reserves of $103, and $142, respectively	`AccountsReceivableNetCurrent`	$5.03M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$8.96M	USD	Point-in-time
Inventories, net	`InventoryNet`	$7.52M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$419.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$673.00K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$14.31M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$16.96M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.73M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	2.79M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.73M	shares	Point-in-time
Land	`Land`	$536.00K	USD	Point-in-time
Land	`Land`	$536.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	2.79M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$4.94M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$4.96M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$19.04M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$19.59M	USD	Point-in-time
Gross property, plant and equipment	`PropertyPlantAndEquipmentGross`	$25.09M	USD	Point-in-time
Gross property, plant and equipment	`PropertyPlantAndEquipmentGross`	$24.52M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$21.45M	USD	Point-in-time
Less: accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$20.87M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$3.63M	USD	Point-in-time
Net property, plant and equipment	`PropertyPlantAndEquipmentNet`	$3.65M	USD	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$106.00K	USD	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$147.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$98.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$58.00K	USD	Point-in-time
Deferred income tax asset	`DeferredIncomeTaxAssetsNet`	$1.01M	USD	Point-in-time
Deferred income tax asset	`DeferredIncomeTaxAssetsNet`	$1.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.00K	USD	Point-in-time
Total Assets	`Assets`	$19.27M	USD	Point-in-time
Total Assets	`Assets`	$21.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.38M	USD	Point-in-time
Accrued compensation and commissions	`EmployeeRelatedLiabilitiesCurrent`	$1.68M	USD	Point-in-time
Accrued compensation and commissions	`EmployeeRelatedLiabilitiesCurrent`	$1.63M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$614.00K	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$794.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$103.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$234.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.86M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.99M	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$76.00K	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$40.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.03M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.93M	USD	Point-in-time
Contingencies (Note G)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note G)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par value; 5,000,000 shares authorized, none issued.	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par value; 5,000,000 shares authorized, none issued.	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.01 par value; 25,000,000 shares authorized; 2,787,860 and 2,726,798 shares issued and outstanding, respectively.	`CommonStockValue`	$27.00K	USD	Point-in-time
Common stock - $0.01 par value; 25,000,000 shares authorized; 2,787,860 and 2,726,798 shares issued and outstanding, respectively.	`CommonStockValue`	$27.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$14.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$14.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$212.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.63M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$17.75M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$16.85M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$18.30M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$18.96M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$16.08M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$14.34M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$14.75M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$17.71M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$19.27M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$21.79M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.17M	USD	3 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$30.39M	USD	3 Qtrs
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.42M	USD	1 Quarter
REVENUES	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.89M	USD	1 Quarter
Manufacturing cost of sales	`ManufacturingCosts`	$14.92M	USD	3 Qtrs
Manufacturing cost of sales	`ManufacturingCosts`	$18.32M	USD	3 Qtrs
Manufacturing cost of sales	`ManufacturingCosts`	$5.69M	USD	1 Quarter
Manufacturing cost of sales	`ManufacturingCosts`	$6.23M	USD	1 Quarter
Engineering, selling and administrative	`EngineeringSellingAndAdministrative`	$2.62M	USD	1 Quarter
Engineering, selling and administrative	`EngineeringSellingAndAdministrative`	$7.71M	USD	3 Qtrs
Engineering, selling and administrative	`EngineeringSellingAndAdministrative`	$6.21M	USD	3 Qtrs
Engineering, selling and administrative	`EngineeringSellingAndAdministrative`	$2.10M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$2.03M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$4.36M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$2.05M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$630.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-6.00K	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$1.00K	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNet`	$-6.00K	USD	3 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNet`	$-1.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$12.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-15.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-6.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-41.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$13.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-16.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-47.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-12.00K	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.00M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.05M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$614.00K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.35M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$460.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$392.00K	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$111.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$931.00K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$553.00K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$1.28M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$503.00K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$1.59M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$3.42M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$486.00K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$619.00K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$1.61M	USD	3 Qtrs
Net Income per Basic Share (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	3 Qtrs
Net Income per Basic Share (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Net Income per Basic Share (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Net Income per Basic Share (in dollars per share)	`EarningsPerShareBasic`	$1.27	USD	3 Qtrs
Net income per Dilutive Share (in dollars per share)	`EarningsPerShareDiluted`	$1.25	USD	3 Qtrs
Net income per Dilutive Share (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Net income per Dilutive Share (in dollars per share)	`EarningsPerShareDiluted`	$0.57	USD	1 Quarter
Net income per Dilutive Share (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	3 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$619.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$486.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.42M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$503.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$553.00K	USD	1 Quarter
Depreciation	`Depreciation`	$577.00K	USD	3 Qtrs
Depreciation	`Depreciation`	$486.00K	USD	3 Qtrs
Amortization of finite-lived intangible assets	`AmortizationOfIntangibleAssets`	$40.00K	USD	3 Qtrs
Amortization of finite-lived intangible assets	`AmortizationOfIntangibleAssets`	$40.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$297.00K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$362.00K	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$41.00K	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$302.00K	USD	3 Qtrs
Decrease (increase) in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-166.00K	USD	3 Qtrs
Decrease (increase) in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.34M	USD	3 Qtrs
Increase in inventories, net	`IncreaseDecreaseInInventories`	$1.44M	USD	3 Qtrs
Increase in inventories, net	`IncreaseDecreaseInInventories`	$2.08M	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-258.00K	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-107.00K	USD	3 Qtrs
(Decrease) increase in accounts payable, accrued compensation and commissions expense and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.72M	USD	3 Qtrs
(Decrease) increase in accounts payable, accrued compensation and commissions expense and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.08M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.27M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.21M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$663.00K	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$565.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-663.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-565.00K	USD	3 Qtrs
Forfeiture of shares to pay taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$82.00K	USD	3 Qtrs
Forfeiture of shares to pay taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Net transfers from LGL Group, Inc.	`NetTransfersFromToFormerParent`	$145.00K	USD	3 Qtrs
Net transfers from LGL Group, Inc.	`NetTransfersFromToFormerParent`	-	USD	3 Qtrs
Prepaid financing costs	`PaymentsOfFinancingCosts`	$20.00K	USD	3 Qtrs
Prepaid financing costs	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Payments to related party	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments to related party	`RepaymentsOfRelatedPartyDebt`	$2.50M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-82.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.37M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.83M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.63M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$806.00K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$926.00K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$806.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$926.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.63M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$14.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$9.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$22.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.03M	USD	3 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.85M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.71M	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$503.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.59M	USD	1 Quarter
Net income	`NetIncomeLoss`	$553.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$486.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$619.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.61M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.42M	USD	3 Qtrs
Adjustment to The LGL Group, Inc. transfer	`AdjustmentsToAdditionalPaidInCapitalTransfersToFormerParent`	$-219.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$86.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$71.00K	USD	1 Quarter
Forfeiture of shares to pay taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$82.00K	USD	1 Quarter
Net transfers to LGL Group, Inc.	`EquityTransfersToFormerParent`	$240.00K	USD	1 Quarter
Net transfers to LGL Group, Inc.	`EquityTransfersToFormerParent`	$109.00K	USD	1 Quarter
Net transfers to LGL Group, Inc.	`EquityTransfersToFormerParent`	$158.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$14.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.75M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.85M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$16.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.71M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.