Liquidmetal Technologies Inc (LQMT)
OTHER OTC:LQMT
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Liquidmetal Technologies
(OTC:LQMT)
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Rating:48Neutral
Price Target:
$0.18
▲(78.00% Upside)
Action:Reiterated
Date:06/06/26
The score is held down primarily by weak financial performance (tiny, volatile revenue; very large losses relative to sales; persistent cash burn). Technicals are supportive but overextended (price above moving averages with positive MACD, yet RSI/Stoch are extremely high). Valuation provides limited help due to negative earnings and no dividend yield. The earnings call adds some support via strong liquidity and a 2026 manufacturing scale plan, but execution risk remains high.
Positive Factors
Strong Liquidity / Runway
About $20M in cash provides meaningful runway to fund the Hangzhou buildout, R&D and operations without immediate financing. That liquidity reduces near-term dilution risk and gives management time (2–6 months+) to execute strategic steps toward commercialization.
Negative Factors
Very Low and Volatile Revenue
Annual revenue near $800k is tiny relative to stated ambitions and volatile, leaving limited ability to cover fixed costs or validate scalable unit economics. Low sales volume undermines revenue visibility and makes multi-quarter profitability dependent on successful scale-up.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Liquidity / Runway
About $20M in cash provides meaningful runway to fund the Hangzhou buildout, R&D and operations without immediate financing. That liquidity reduces near-term dilution risk and gives management time (2–6 months+) to execute strategic steps toward commercialization.
Read all positive factors
Liquidmetal Technologies (LQMT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$165.11M
Dividend YieldN/A
Average Volume (3M)463.77K
Price to Earnings (P/E)―
Beta (1Y)0.81
Revenue Growth-21.78%
EPS Growth-47.37%
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 Cap0.77
Enterprise Value/Revenue168.71
Enterprise Value/Gross Profit558.43
Enterprise Value/Ebitda-39.40
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
24
Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 758.00K | 784.00K | 860.00K | 510.00K | 383.00K | 811.00K |
| Gross Profit | 229.00K | 230.00K | 217.00K | 149.00K | 67.00K | 183.00K |
| EBITDA | -3.25M | -3.42M | -2.99M | -2.73M | -2.71M | -3.69M |
| Net Income | -2.54M | -2.34M | -1.51M | -2.05M | -1.61M | -3.22M |
Balance Sheet | ||||||
| Total Assets | 28.57M | 29.11M | 30.40M | 31.84M | 33.34M | 35.60M |
| Cash, Cash Equivalents and Short-Term Investments | 13.59M | 12.08M | 15.46M | 22.13M | 18.70M | 17.94M |
| Total Debt | 6.86M | 5.73M | 9.45M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.21M | 2.03M | 1.26M | 1.25M | 1.30M | 1.31M |
| Stockholders Equity | 26.36M | 27.09M | 29.22M | 30.67M | 32.12M | 34.37M |
Cash Flow | ||||||
| Free Cash Flow | -3.00M | -2.76M | -1.16M | -1.31M | -1.78M | -2.73M |
| Operating Cash Flow | -2.68M | -2.75M | -1.16M | -1.31M | -1.78M | -2.73M |
| Investing Cash Flow | 5.18M | 3.90M | -1.67M | 7.88M | -258.00K | 5.31M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 212.00K | 0.00 |
Liquidmetal Technologies Technical Analysis
Positive
0.10
Price Trends
0.13
Positive
0.12
Positive
0.13
Positive
Market Momentum
<0.01
Negative
86.05
Negative
93.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LQMT, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.13, and below the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 86.05 is Negative, neither overbought nor oversold. The STOCH value of 93.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 |
|---|---|---|---|---|---|---|---|
77 Outperform | $1.13B | 26.87 | 10.73% | ― | 10.67% | 30.61% | |
75 Outperform | $1.78B | 67.23 | 3.84% | ― | 9.43% | 80.11% | |
69 Neutral | $269.98M | 9.21 | 13.88% | ― | 7.75% | 276.72% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | $681.43M | -41.69 | -6.76% | ― | -0.04% | -172.38% | |
54 Neutral | $198.39M | -2.90 | -145.82% | ― | 6.27% | -1660.64% | |
48 Neutral | $165.11M | -62.53 | -9.28% | ― | -21.78% | -47.37% |
* Industrials Sector Average
LQMT
Liquidmetal Technologies
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.