Liquidmetal Technologies Inc (LQMT)

[MrGavin]

An impairment charge is an expense that must be included in the income statement to reflect the devaluation of some asset on the balance sheet. In this situation, the book value of an asset exceeds the recoverable amount if one were to sell it since you really only would perform an impairment charge on an asset if you were going to sell it. If you look at the balance sheet the only category which would be able to meet the stated $$ amount would be some sort of fixed asset (property, plant or equipment). That being said $1.8 million is a lot of money to write off from your assets...