Filing Flows › Liquidmetal Technologies (LQMT) › Q4 2024
Liquidmetal Technologies (LQMT) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 13, 2025
Liquidmetal Technologies (LQMT) reported revenue of $129K for the fourth quarter 2024 (Q4 2024), -55% from a year earlier and -59% from the quarter before. Operating margin was -732.6%, net loss $496K (384.5% of revenue).
Liquidmetal Technologies, Q4 2024: revenue $129K (-55% year over year), operating margin -732.6%, net loss $496K, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $129K | -59% | -55% |
| Operating profit | −$945K | — | — |
| Net earnings | −$496K | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $129K in Q4 2024, down 55% year over year and down 59% from the previous quarter. Product was the largest line at 86% of revenue.
Gross margin was 35.7%, up 4.5 points from a year earlier. Operating costs exceeded revenue by $945K, an operating margin of -732.6%. Operating expenses grew 39% against a revenue fall of 55%. The fastest-growing cost line was SG&A (+39%). The quarter ended with a net loss of $496K, wider than the previous quarter's $441K loss. Non-operating items added $449K, -91% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.0M. Non-cash charges added back $81K of depreciation and amortization and $39K of share-based compensation. Working capital and other items used $646K.
Questions
What was Liquidmetal Technologies' revenue in the fourth quarter 2024?
Liquidmetal Technologies (LQMT) reported revenue of $129K for the fourth quarter 2024 (Q4 2024), -55% from a year earlier and -59% from the quarter before.
Was Liquidmetal Technologies profitable in the fourth quarter 2024?
Operating loss was $945K (-732.6% of revenue) and net loss $496K.