Liquidmetal Technologies Inc (LQMT)
OTHER OTC:LQMT
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Liquidmetal Technologies
(OTC:LQMT)
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Rating:50Neutral
Price Target:
$0.10
▼(-1.00% Downside)
Action:ReiteratedDate:03/14/26
The score is held back primarily by very weak profitability and persistent negative cash flow, despite a relatively stronger balance sheet. The earnings call adds some support via liquidity and a defined manufacturing scale-up plan, while technicals are modestly positive but not broadly confirmed by longer-term trend measures. Valuation signals remain unfavorable/unclear due to negative earnings and no dividend yield.
Positive Factors
Strong liquidity and runway
A roughly $20M liquid cash position provides multi-quarter runway to fund the Hangzhou buildout and R&D without immediate external financing. This cushioning reduces short-term solvency risk, enabling management to execute strategic manufacturing and IP initiatives that can improve unit economics over time.
Negative Factors
Very low revenue scale
Revenue remains tiny versus stated ambitions, limiting the company's ability to absorb fixed costs and demonstrate product-market fit. Low sales volumes reduce bargaining power with OEMs, make economies of scale elusive, and prolong dependence on cash reserves or financing to reach a sustainable margin profile.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong liquidity and runway
A roughly $20M liquid cash position provides multi-quarter runway to fund the Hangzhou buildout and R&D without immediate external financing. This cushioning reduces short-term solvency risk, enabling management to execute strategic manufacturing and IP initiatives that can improve unit economics over time.
Read all positive factors
Liquidmetal Technologies (LQMT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$91.82M
Dividend YieldN/A
Average Volume (3M)463.77K
Price to Earnings (P/E)―
Beta (1Y)0.78
Revenue Growth-27.53%
EPS Growth-64.29%
CountryUS
Employees7
SectorIndustrials
Sector Strength72
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding917,285,160
10 Day Avg. Volume526,030
30 Day Avg. Volume463,771
Financial Highlights & Ratios
PEG Ratio-0.63
Price to Book (P/B)3.38
Price to Sales (P/S)116.77
P/FCF Ratio-33.22
Enterprise Value/Market Cap0.93
Enterprise Value/Revenue109.01
Enterprise Value/Gross Profit371.59
Enterprise Value/Ebitda-31.76
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Liquidmetal Technologies Business Overview & Revenue Model
Company Description
Liquidmetal Technologies, Inc., a materials technology company, designs, develops, and sells products and parts from bulk amorphous alloys to customers in various industries in the United States and internationally. It provides bulk amorphous allo...
How the Company Makes Money
Liquidmetal Technologies primarily makes money by monetizing its intellectual property and know-how around Liquidmetal® amorphous metal alloys and related forming/manufacturing processes. Key revenue streams include: (1) Licensing revenue: fees pa...
Liquidmetal Technologies Earnings Call Summary
Earnings Call Date:Mar 12, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Mar 16, 2027
Earnings Call Sentiment Neutral
The call presented a mix of strategic progress and material financial challenges. Positive operational developments include a strong cash position (~$20M), leadership (Professor Li) focused on scaling, a new in-house manufacturing initiative in Hangzhou, a proprietary machine (Liquid Morphium) and an IP holding company, plus early customer traction (prototypes for a top-tier mobile company and medical production orders). However, FY2025 financials show very low revenue (~$800k), a significant net loss ($2.4M) and negative EBITDA (~$1.8M), and the manufacturing buildout remains not yet operational, creating execution and timing risk. Overall, the call is cautiously optimistic but balanced by meaningful near-term financial and execution challenges.Positive Updates
Cash and Liquidity Position
Ended FY2025 with approximately $20,000,000 of readily available liquid cash and investments, providing runway to fund growth and no stated going concern issues.
Negative Updates
Very Low Revenue
Reported FY2025 revenue of about $800,000, indicating very limited current sales volume versus stated ambitions.
Read all updates
Q4-2025 Updates
Positive
Negative
Cash and Liquidity Position
Ended FY2025 with approximately $20,000,000 of readily available liquid cash and investments, providing runway to fund growth and no stated going concern issues.
Read all positive updates
Company Guidance
The company’s guidance emphasized a near‑term manufacturing push and financial capacity to fund it: for fiscal 2025 Liquidmetal reported roughly $800,000 in revenue, a $2.4 million net loss, EBITDA of about negative $1.8 million, and approximately $20 million in readily available cash and investments; its corporate office has a $7 million book value with a market value said to be more than double (> $14 million), and management stated there are no going‑concern issues. Management expects the Hangzhou plant to be fully operational toward 2026, warned of higher upfront capital expenditures but forecasted improved unit economics, higher gross margins and new IP from the Liquid Morphium platform/LLC at scale, and cited prototypes with a top‑tier mobile customer plus medical device production orders and tier‑one partner collaborations as drivers of future revenue.Liquidmetal Technologies Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
63
Positive
Cash Flow
27
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 784.00K | 860.00K | 510.00K | 383.00K | 811.00K |
| Gross Profit | 230.00K | 217.00K | 149.00K | 67.00K | 183.00K |
| EBITDA | -3.42M | -2.99M | -2.73M | -2.71M | -3.69M |
| Net Income | -2.34M | -1.51M | -2.05M | -1.61M | -3.22M |
Balance Sheet | |||||
| Total Assets | 29.11M | 30.40M | 31.84M | 33.34M | 35.60M |
| Cash, Cash Equivalents and Short-Term Investments | 12.08M | 15.46M | 22.13M | 18.70M | 17.94M |
| Total Debt | 5.73M | 9.45M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.03M | 1.26M | 1.25M | 1.30M | 1.31M |
| Stockholders Equity | 27.09M | 29.22M | 30.67M | 32.12M | 34.37M |
Cash Flow | |||||
| Free Cash Flow | -2.76M | -1.16M | -1.31M | -1.78M | -2.73M |
| Operating Cash Flow | -2.75M | -1.16M | -1.31M | -1.78M | -2.73M |
| Investing Cash Flow | 3.90M | -1.67M | 7.88M | -258.00K | 5.31M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 212.00K | 0.00 |
Liquidmetal Technologies Technical Analysis
Negative
0.10
Price Trends
0.11
Negative
0.11
Negative
0.13
Negative
Market Momentum
>-0.01
Positive
38.54
Neutral
17.22
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LQMT, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.54 is Neutral, neither overbought nor oversold. The STOCH value of 17.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LQMT.
Liquidmetal Technologies Risk Analysis
Liquidmetal Technologies disclosed 35 risk factors in its most recent earnings report. Liquidmetal Technologies reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Liquidmetal Technologies Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $754.07M | 16.91 | 9.20% | ― | 7.61% | 25.35% | |
72 Outperform | $1.37B | 50.09 | 3.20% | ― | 2.82% | -34.29% | |
64 Neutral | $291.26M | 10.47 | 16.65% | ― | -3.42% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | $371.01M | -47.25 | -3.30% | ― | -12.38% | -0.71% | |
50 Neutral | $91.82M | -39.11 | -8.37% | ― | -27.53% | -64.29% | |
46 Neutral | $135.37M | -1.62 | -120.09% | ― | 0.20% | 88.39% |
* Industrials Sector Average
LQMT
Liquidmetal Technologies
0.10
<0.01
5.26%
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Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.