Liquidmetal Technologies Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
November 25, 2015 at 06:49 am EST
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Liquidmetal Technologies Inc. announced earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company's net loss and comprehensive loss attributable to the company was $1.23 million, or $0.00 loss per common share, compared to a net loss and comprehensive loss attributable to the company of $1.02 million, or $0.00 loss per common share, for the same quarter ended September 30, 2014. Total revenue for the quarter was $42,000, compared to $97,000 for the same quarter ended September 30, 2014.
For the nine months, the company's net loss and comprehensive loss attributable to the company was $5.79 million, or $0.01 loss per common share, compared to a net loss and comprehensive loss attributable to the company of $7.43 million, or $0.02 loss per common share, for the same period ended September 30, 2014. Total revenue for the period was $107,000, compared to $410,000 for the same period ended September 30, 2014.
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. 
