Liquidmetal Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 02:51 pm EDT
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Liquidmetal Technologies, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 72,000 compared to USD 71,000 a year ago. Operating loss was USD 884,000 compared to USD 961,000 a year ago. Net loss was USD 691,000 compared to USD 746,000 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 designs, develops, and supplies 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.