Net income attributable to LGL Group common stockholders increased by 59.3% to $688 thousand in 2025 from $432 thousand in 2024. Total revenues decreased by 2.9% to $4,169 thousand in 2025 from $4,292 thousand in 2024. Income before income taxes decreased significantly by 64.4% to $249 thousand in 2025 from $699 thousand in 2024. The Electronic Instruments segment saw a 10.2% increase in Net sales to $2,453 thousand and a 21.8% increase in income before income taxes to $296 thousand. The Merchant Investment segment experienced an 18.1% decrease in Net investment income to $1,697 thousand and a 33.3% decrease in income before income taxes to $565 thousand. Order backlog increased substantially by 86% to $625 thousand as of December 31, 2025, from $336 thousand in 2024. Cash provided by operating activities decreased significantly to $70 thousand in 2025 from $874 thousand in 2024. The company received a substantial income tax benefit of $506 thousand in 2025, primarily due to the reversal of a previously recorded uncertain tax position, compared to an expense of $177 thousand in 2024.