The LGL Group Inc. reported third quarter 2025 net income available to common stockholders of $772,000, or $0.14 per diluted share, up from $72,000, or $0.01 per diluted share, in the same period of 2024. Gross margin for the quarter increased to 52.8% from 43.4% last year, primarily due to sales of higher margin products. Revenues for the quarter were $1.1 million, a decrease of 6.0% compared to $1.2 million in 2024. For the nine months ended September 30, 2025, net income was $715,000, or $0.13 per diluted share, compared to $230,000, or $0.04 per diluted share in 2024. Gross margin for the period rose to 53.9% from 50.0%, while revenues decreased by 5.9% to $3.0 million from $3.1 million. The company attributed net income growth to higher product shipments, sales of lower-cost products, and an income tax benefit. Business developments during the period included continued development of opportunities with P3 Logistics and the MGHL transaction, cash and cash equivalents and marketable securities of $41.6 million as of September 30, 2025, book value per share of $7.75, and $366,000 returned to shareholders through share repurchases.