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MARKETS / BALCAO / LQMT
BALCAO · CHEMICALS & ALLIED PRODUCTS · MID CAP

Liquidmetal Technologies Inc. LQMT

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$784,000
▼ 8.8% YoY
$-2.3M
$-2.8M
In brief

What this company does

We are a materials technology and manufacturing company focused on the development and commercialization of products made from proprietary amorphous alloys and/or utilizing proprietary amorphous alloy manufacturing technologies. In addition to developing our own manufacturing facility through our subsidiary in China, we work with third-party manufacturing and commercial partners to develop and commercial products made from our proprietary amorphous alloys. Liquidmetal alloys are proprietary amorphous alloys that possess a combination of performance, processing, and potential cost advantages that we believe will make them preferable to other materials in a variety of applications. We were originally incorporated in California in 1987, and we reincorporated in Delaware in May 2003. In 1993, researchers at the California Institute of Technology (“Caltech”) developed the first commercially viable amorphous alloy in a bulk form. We obtained the exclusive right to commercialize the bulk amorphous alloy through a license agreement with Caltech and have developed the technology to enable the commercialization of bulk amorphous alloys.

Written from the business description in Liquidmetal Technologies, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth
USD 784,000.00
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.8 · Net income -2.3
8M16M-8M-16M201020122014201620182020202220242025
Compound annual growth
+27.0%
−4.5%
+20.2%
−19.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −4.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−299 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -477.3% · Net -298.7%
-2000%-4000%-6000%201020122014201620182020202220242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -2.8
5M10M-8M-16M201020122014201620182020202220242025

Total assetsUSD 29.1M
CashUSD 7.2M
Current ratio8.85×

Not available: we don't have the total debt figure for this period.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Income tax $B0.00.00.00.00.00.0·······0.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0
Free cash flow $B−0.0−0.0··−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.0
EPS, diluted $··0.000.000.000.00−0.01−0.01−0.01−0.03−0.02−0.01−0.04−0.070.03−0.27
Dividend / sh $················
Payout %················
ROE %················
Shares out B0.920.920.920.920.910.910.910.910.910.890.480.460.380.240.130.09

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 21 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityChemicals & Allied Products
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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