Liquidmetal Technologies Inc (LQMT) financial statements (2022 and earlier)
Company profile
| Business Address |
30452 ESPERANZA RANCHO SANTA MARGARITA, CA 92688 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 28 - Chemicals And Allied Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 17,943 | 16,234 | 23,958 | 35,229 | 41,309 | 58,896 | 2,773 | ||
| Cash and cash equivalents | 4,091 | 1,514 | 19,543 | 35,229 | 41,309 | 58,896 | 2,773 | ||
| Short-term investments | 13,852 | 14,720 | 4,415 | ||||||
| Restricted cash and investments | 5 | 5 | 5 | 5 | 5 | 5 | 2,008 | ||
| Receivables | 147 | 271 | 303 | 120 | 157 | 95 | 30 | ||
| Inventory, net of allowances, customer advances and progress billings | 35 | 43 | 12 | 31 | 391 | 390 | 83 | ||
| Inventory | 35 | 43 | 12 | 31 | 391 | 390 | 83 | ||
| Prepaid expense | 265 | 233 | 198 | 193 | 210 | 220 | 192 | ||
| Deferred costs | 91 | 72 | |||||||
| Other undisclosed current assets | 240 | 232 | 124 | 170 | 116 | 1 | 144 | ||
| Total current assets: | 18,635 | 17,018 | 24,600 | 35,748 | 42,188 | 59,698 | 5,302 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8,295 | 8,614 | 8,819 | 11,767 | 12,465 | 1,139 | 1,370 | ||
| Long-term investments and receivables | 8,267 | 12,768 | 7,074 | ||||||
| Long-term investments | 8,267 | 12,768 | 7,074 | ||||||
| Intangible assets, net (including goodwill) | 102 | 158 | 239 | 322 | 408 | 494 | 570 | ||
| Intangible assets, net (excluding goodwill) | 102 | 158 | 239 | 322 | 408 | 494 | 570 | ||
| Other noncurrent assets | 306 | 251 | 14 | 14 | 14 | 36 | 31 | ||
| Other undisclosed noncurrent assets | 585 | ||||||||
| Total noncurrent assets: | 16,970 | 21,791 | 16,731 | 12,103 | 12,887 | 1,669 | 1,971 | ||
| TOTAL ASSETS: | 35,605 | 38,809 | 41,331 | 47,851 | 55,075 | 61,367 | 7,273 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 358 | 520 | 907 | 523 | 457 | 1,401 | 1,197 | ||
| Accounts payable | 112 | 205 | 132 | 253 | 92 | 331 | 250 | ||
| Accrued liabilities | 246 | 315 | 775 | 270 | 365 | 1,070 | 947 | ||
| Deferred revenue | 56 | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 700 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 7 | 13 | 77 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 31 | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 2,224 | ||||||||
| Total current liabilities: | 414 | 520 | 907 | 554 | 464 | 3,638 | 1,974 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 899 | 899 | 856 | 856 | 856 | 856 | 915 | ||
| Other liabilities | 899 | 899 | 856 | 856 | 856 | 856 | 856 | ||
| Derivative instruments and hedges, liabilities | 59 | ||||||||
| Other undisclosed noncurrent liabilities | 925 | 2,192 | 2,047 | ||||||
| Total noncurrent liabilities: | 899 | 899 | 856 | 1,781 | 3,048 | 2,903 | 915 | ||
| Total liabilities: | 1,313 | 1,419 | 1,763 | 2,335 | 3,512 | 6,541 | 2,889 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 34,369 | 37,466 | 39,643 | 45,590 | 51,636 | 54,896 | 4,446 | ||
| Common stock | 914 | 914 | 914 | 914 | 909 | 886 | 477 | ||
| Additional paid in capital | 287,641 | 287,183 | 286,832 | 279,306 | 277,924 | 272,520 | 203,735 | ||
| Accumulated other comprehensive income (loss) | (62) | 116 | 2 | ||||||
| Accumulated deficit | (272,303) | (268,926) | (266,284) | (252,809) | (245,376) | (236,689) | (217,945) | ||
| Warrants and rights outstanding | 18,179 | 18,179 | 18,179 | 18,179 | 18,179 | 18,179 | 18,179 | ||
| Stockholders' equity attributable to noncontrolling interest | (77) | (76) | (75) | (74) | (73) | (70) | (62) | ||
| Total stockholders' equity: | 34,292 | 37,390 | 39,568 | 45,516 | 51,563 | 54,826 | 4,384 | ||
| TOTAL LIABILITIES AND EQUITY: | 35,605 | 38,809 | 41,331 | 47,851 | 55,075 | 61,367 | 7,273 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 811 | 989 | 1,373 | 532 | 321 | 480 | 125 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 321 | 480 | 125 | |
| Cost of revenue | (628) | (621) | (832) | (1,164) | (696) | (553) | (349) | |
| Cost of goods and services sold | (628) | (621) | (832) | (1,164) | ||||
| Gross profit: | 183 | 368 | 541 | (632) | (375) | (73) | (224) | |
| Operating expenses | (4,244) | (3,873) | (8,431) | (8,328) | (8,227) | (9,814) | (9,057) | |
| Operating loss: | (4,061) | (3,505) | (7,890) | (8,960) | (8,602) | (9,887) | (9,281) | |
| Nonoperating income (Investment Income, Nonoperating) | 529 | 484 | ||||||
| Interest and debt expense | (9) | (4) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (3,532) | (3,021) | (7,890) | (8,960) | (8,602) | (9,896) | (9,285) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 154 | 378 | 459 | 1,526 | (88) | |||
| Loss from continuing operations before income taxes: | (3,378) | (2,643) | (7,431) | (7,434) | (8,690) | (9,896) | (9,285) | |
| Other undisclosed income (loss) from continuing operations | (8,856) | 1,968 | ||||||
| Net loss: | (3,378) | (2,643) | (7,431) | (7,434) | (8,690) | (18,752) | (7,317) | |
| Net income attributable to noncontrolling interest | 1 | 1 | 1 | 1 | 3 | 8 | 8 | |
| Net loss available to common stockholders, diluted: | (3,377) | (2,642) | (7,430) | (7,433) | (8,687) | (18,744) | (7,309) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,378) | (2,643) | (7,431) | (7,434) | (8,690) | (18,752) | (7,317) | |
| Other comprehensive income (loss) | (178) | 114 | 2 | |||||
| Comprehensive loss: | (3,556) | (2,529) | (7,429) | (7,434) | (8,690) | (18,752) | (7,317) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | 1 | 1 | 1 | 3 | 8 | 8 | |
| Comprehensive loss, net of tax, attributable to parent: | (3,555) | (2,528) | (7,428) | (7,433) | (8,687) | (18,744) | (7,309) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.