Seeking Alpha

Liquidmetal falls after posting Q1 results

  • Liquidmetal (LQMT -9.3%) had Q1 revenue of $160K (largely from product sales) vs. $122K a year ago. Net loss rose to $3.91M from $3.49M a year ago.
  • SG&A spend rose 41% Y/Y to $1.85M, and R&D spend 42% to $334K. The company ended Q1 with $6.95M in cash/equivalents, and $6.65M in warrant liabilities.
  • Liquidmetal says it "continued to focus on the development of prototype parts for its customers and partnering with licensees on the development of the company's technology and production processes."

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