The LGL Group Inc. has released its financial results for the first quarter ended March 31, 2025. The company reported total revenues of $918,000, marking an increase of $30,000 from the $888,000 reported for the same period in 2024. This rise in revenue was primarily driven by higher shipments in the Electronic Instruments segment. The net income available to LGL Group common stockholders showed a loss of $6,000 for the first quarter of 2025, compared to a profit of $21,000 in the same period the previous year. This decline was attributed to lower net investment income due to reduced yields on U.S. Treasury money market funds, increased manufacturing costs of sales, and higher engineering, selling, and administrative expenses related to an increase in salaries and wages. The company's gross margin improved to 52.4% for the quarter, up from 48.0% in the same period last year, reflecting a higher margin product mix. As of March 31, 2025, the order backlog stood at $295,000, a decrease from $336,000 as of December 31, 2024. In terms of liquidity, the LGL Group reported cash and cash equivalents and marketable securities totaling $42.0 million as of March 31, 2025. The company also noted that it expects to file Form S-1 in the second quarter with an amended Warrant Agreement that includes an over-subscription privilege. Additionally, Morgan Group Holding Co. is anticipated to close its GAMCO final agreements within the second quarter, and P3 Logistic Solutions has strengthened its tactical edge artificial intelligence contract development. Two members, Michael J. Ferrantino, Jr. and Timothy Foufas, will not stand for re-election to the Board of Directors at the upcoming Annual Meeting of Stockholders on June 2, 2025, as they plan to focus on launching the previously announced Connectivity Partnership.