Quarterly ResultMay 8, 2026, 04:42 PM
Liquidmetal Technologies Q1 Net Loss Widens to $765K; Revenue Down 9.2%
AI Summary
Liquidmetal Technologies reported a significant increase in net loss for the first quarter of 2026, reaching $765K compared to $568K in the prior year. Total revenue also saw a decline of 9.2% year-over-year, settling at $256K. Despite the worsening financial performance, the company saw an improvement in net cash used in operating activities and extended its Liquidmetal Golf sublicense agreement.
Key Highlights
- Net loss widened to $765K in Q1 2026 from $568K in Q1 2025.
- Total revenue decreased 9.2% to $256K from $282K year-over-year.
- Operating loss increased to $1.138M from $901K in Q1 2025.
- Cash and cash equivalents rose to $7.404M from $7.164M at December 31, 2025.
- Net cash used in operating activities improved to $226K from $299K.
- Liquidmetal Golf sublicense agreement extended for another three-year term.