On August 30, 2021, Liquidmetal Technologies, Inc. and Bruce Bromage, the Company's Chief Operating Officer, entered into a Separation Agreement and General Release pursuant to which Dr. Bromage agreed to resign as an officer and employee of the Company. On August 30, 2021, the Company and Bryce Van, the Company's Vice President- Finance, entered into a Separation Agreement and General Release pursuant to which Mr. Van agreed to resign as an officer and employee of the Company and the Company and Mr. Van agreed to terminate Mr. Van's employment agreement with Mr. Van's employment to end on October 15, 2021 (the Van Separation Agreement"). On August 30, 2021, the Board appointed Tony Chung as the Company's principal financial and accounting officer. Mr. Chung is the Company's Chief Executive Officer, and in that capacity, serves as the Company's principal executive officer.