Liquidmetal Technologies Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2016
March 10, 2017 at 04:00 pm EST
Share
Liquidmetal Technologies Inc. announced consolidated earnings results for the year ended December 31, 2016. For the year, the company announced total revenues of $480,000 compared to $125,000 a year ago. Operating loss was $9,887,000 compared to $9,281,000 a year ago. Loss before income taxes was $18,752,000 compared to $7,317,000 a year ago. Net loss and comprehensive loss attributable to the company's shareholders was $18,744,000 or 0.03 basic and diluted per share compared to $7,309,000 or 0.02 basic and diluted per share a year ago.
Liquidmetal Technologies, Inc. is a materials technology company that develops and commercializes products made from amorphous alloys. The Company's Liquidmetal family of alloys consists of a variety of bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. The Company designs, develops, and sells custom products and parts from bulk amorphous alloys to customers in various industries. The Company also partners with third-party manufacturers and licensees to develop and commercialize Liquidmetal alloy products. The Company is engaged in product development efforts relating to various medical devices and automotive components that could be made from bulk Liquidmetal alloys. The Company work with partners to design, develop, and supply components for non-consumer electronic devices utilizing its bulk Liquidmetal alloys. The Company is developing a variety of applications for Liquidmetal alloys in the sporting goods and leisure products area.
LIQUIDMETAL TECHNOLOGIES, INC. 
