Liquidmetal Technologies Inc (LQMT)

[jrs5]

So Eon gets $3.25M US ($23M Yuan) in license fees. I don't think that would be enough to move the needle for them in Q1 2020. Since they made the statement that licensing fees income effected Q1 2020 profit, and we know their operating revenue was down due to the virus, the license revenue must have been much more than $3.25M. So this may tell us that this JV (Ningde Sanxiang)is not producing for Huawei and there is another larger producer making parts for them.


"Yi'an Technology released the first quarter performance forecast, with an estimated profit of 23.3449 million yuan-25.2903 million yuan, an increase of 260% -290% over the same period of the previous year. From January to March, the company was affected by the epidemic and its operating income declined slightly. At the same time, the company's technology licensing fee income affects the company's net profit."