LIQUIDMETAL TECHNOLOGIES INC 1Q 2026: Revenue $256K, Net income ($765K), EPS $0— 10-Q Summary
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Liquidmetal Technologies Inc reported first-quarter 2026 results with revenue of $256K, a net loss attributable to shareholders of ($765K) and diluted EPS of $0 versus revenue of $282K and a net loss of ($568K) in the year-ago quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $256K | $282K | (9.2%) |
| Net income² | ($765K) | ($568K) | (34.7%) |
| Diluted EPS³ | $0 | $0 | — |
¹ Reported as “Total revenue”. ² Reported as “Net loss attributable to Liquidmetal Technologies shareholders”. ³ Reported as “loss per common share attributable to Liquidmetal Technologies shareholders, basic and diluted”.
Business Highlights
- Revenue decline: Q1 product revenue fell 9.2% year‑over‑year to $256K, driven by lower recurring and medical device shipments.
- Margins and costs: Gross margin slightly improved as cost of sales decreased with lower volumes; company expects margins to stabilize with higher contract manufacturing volumes.
- Operational expansion: Formed a 70/30 joint venture to build a Hangzhou manufacturing facility; a subsidiary contributed $4.2M to capitalize the build-out.
- Manufacturing and channels: Continued reliance on third‑party manufacturing (Yihao) and sublicensing partnerships (including golf and Swatch) to commercialize products and scale production.
- Facilities and leasing: Expanded and re‑leased the Lake Forest facility, increasing lease income and supporting corporate operations and R&D infrastructure.
Original SEC Filing: LIQUIDMETAL TECHNOLOGIES INC [ LQMT ] - 10-Q - May. 08, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.