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Liquidmetal Technologies, Inc. (symbol: LQMT) offers advanced molding solutions for creating complex and high-performance metal parts. Leveraging their proprietary amorphous metal technology, the company delivers components characterized by unparalleled precision, strength, and corrosion resistance. These attributes make Liquidmetal's offerings highly sought after across a diverse array of industries, including medical, aerospace, military, and consumer electronics.
The company’s core business revolves around Metal Injection Molding (MIM), which presents an innovative alternative to traditional manufacturing methods. This technology ensures maximum customer satisfaction by producing parts with intricate geometries and superior mechanical properties that are difficult to achieve through conventional means.
Recent achievements highlight Liquidmetal's commitment to innovation and excellence. The company has successfully expanded its product portfolio and entered into strategic partnerships that drive growth and open new market opportunities. Financially, Liquidmetal remains robust, with investments directed towards research and development to maintain its competitive edge.
Current projects include the development of next-generation materials and the refinement of manufacturing processes to further enhance product performance. The company is also actively exploring new applications for its technology, thereby broadening its market reach and potential for revenue growth.
By continually pushing the boundaries of material science and manufacturing, Liquidmetal Technologies distinguishes itself as a leader in the field of advanced materials. Investors and stakeholders can stay updated on the latest developments, financial performance, and strategic initiatives by regularly checking news updates and official announcements from the company.
Liquidmetal Technologies, Inc. (OTCQB: LQMT), based in Lake Forest, California, will host its year-end earnings conference call on Tuesday, March 14, at 4:30 p.m. Eastern time. CEO Tony Chung will lead the call, with participants encouraged to register online for dial-in details. Liquidmetal is renowned for developing parts using bulk amorphous alloys, which offer unique performance traits such as high strength and corrosion resistance. The conference call will also be available for replay via the company's investor website.
For more information, visit www.liquidmetal.com.
Liquidmetal Technologies, Inc. (OTCQB: LQMT) will hold its year-end earnings conference call on March 29, 2022, at 4:30 p.m. Eastern time. CEO Tony Chung will host the call, which can be accessed by dialing (833) 945-2475 for US/Canada or (706) 643-0974 internationally, using the conference ID 7484889. A replay will be available from 3:30 p.m. Pacific time on the same day until April 5, 2022. Liquidmetal is recognized for its expertise in amorphous alloys, providing unique properties for various industries.
Liquidmetal Technologies, Inc. (OTCQB: LQMT) has signed a sub-license agreement with Amorphous Technologies Japan Inc. (ATJ) to develop golf clubs using Liquidmetal's advanced technology. ATJ, formed by Twins Corporation, aims to leverage its access to over 3,000 retail establishments worldwide, beginning in Japan, a key market for golf. CEO Tony Chung expressed optimism for this partnership, highlighting the historical significance of Liquidmetal's golf products. The agreement signals a renewed focus on the golf sector and potential market expansion.
Liquidmetal Technologies, Inc. (OTCQB: LQMT) has signed a manufacturing supply agreement with Dongguan Yihao Metal Technology Co., Ltd., the largest manufacturer of bulk metallic glass (BMG) products. This agreement strengthens their existing relationship and aims to enhance the global supply chain for Liquidmetal's advanced technology. Both companies expect to leverage their combined capabilities to improve BMG applications and services. The partnership is intended to facilitate the entry of Liquidmetal technology to a broader market, aligning with their long-term strategic goals.
Liquidmetal Technologies (OTCQB: LQMT) has formed a strategic partnership with MacB Enterprises to leverage their technical sales and distribution expertise across Europe.
This collaboration aims to enhance the reach of Liquidmetal's amorphous alloy products, known for their unique properties, including high strength and corrosion resistance, to a diverse range of industries such as medical devices and automotive manufacturing. Executives from both companies emphasized the potential to generate industry-leading solutions for European clients.
Liquidmetal Technologies, Inc. (OTCQB: LQMT) announced its Q3 2021 financial results, reporting revenues of $406,000, an increase attributed to volume production and new application initiatives. Cost of goods sold rose to $319,000 from $171,000 year-over-year, improving gross margin percentages. However, operating expenses surged to $1.6 million due to higher stock compensation. R&D expenses decreased to $14,000, reflecting reduced development efforts. The company holds $5.2 million in cash and $22 million in debt securities to support future growth initiatives.
Liquidmetal Technologies (OTCQB: LQMT) announced the resignation of Dr. Bruce Bromage and Mr. Bryce Van from their executive roles. Tony Chung, currently CEO, has been appointed as the principal financial and accounting officer. The board expressed gratitude for Bromage and Van's contributions, highlighting their support for the company's future. Liquidmetal specializes in amorphous alloys and composites, known for their unique properties such as strength and corrosion resistance, which can significantly enhance product performance across various industries.
Liquidmetal Technologies, Inc. (OTCQB: LQMT) reported Q2 2021 results, generating $243 thousand in revenue, a mix of production and royalty revenues. Their cost of goods sold increased to $154 thousand, linked to higher revenue. Operating expenses decreased to $849 thousand, down from $870 thousand year-over-year, due to reduced employee compensation from prior restructuring. As of June 30, 2021, the company has $10.9 million in cash and $17.3 million in debt securities, providing a solid liquidity position for future strategies.
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