Liquidmetal Technologies, Inc. Reports Revenue Results for the First Quarter Ended March 31, 2018
May 14, 2019 at 05:00 pm EDT
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Liquidmetal Technologies, Inc. reported revenue results for the first quarter ended March 31, 2018. For the quarter, the company reported total revenue of USD 223,000 against USD 80,000 a year ago. Operating loss was USD 1,878,000 against USD 2,196,000 a year ago. Net loss and comprehensive loss was USD 1,768,000 against USD 2,163,000 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 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.