Liquidmetal Technologies Inc (LQMT)

[Dell_Griffith]

Excellent question. I didn't look at that section of the financial - no, because only loss contingencies need to be disclosed. E.g, where LQMT has a risk of loss due to the litigation.

If there is no risk of losing money, then no need to disclose. And when the result could be positive, they usually don't disclose at all because the "conservatism principle" (yes, that's real, not made up by me) of accounting guides financial statement disclosures - meaning potential positive benefits mean nothing until realized, but negative potential results almost always require disclosure, so that financial risk can be calculated by the financial statement reader.

Found a link after I finished this, so you don't think I'm making that principle up -

https://www.investopedia.com/terms/a/accounting-conservatism.asp

Exciting stuff, lol.

If they are only seeking primarily "damages" of cease and desist, there is no requirement to disclose.

At this point, at least they'll have 8-9 mill more in the bank after the Valencia Circle sale.