Liquidmetal Technologies Inc (LQMT)

[Dell_Griffith]

Hope so, but the 15 mill at 12/31/20 is in short-term debt inclusive of treasuries, corp bonds and cd's, which can mature in 3 months or less and be readily available if they need the cash. They can pivot pretty quickly. The decrease in cash is not a credible marker when those investments can be converted pretty quickly to cash.

And if they are not recording unrealized losses on a quarterly basis, they don't even think it's material enough to recognize the difference of short-term investments versus cash.

Investments in debt securities. The Company will invest excess funds to maximize investment yield, while maintaining liquidity and minimizing credit risk. Debt securities are carried at fair value and consist primarily of investments in obligations of the United States Treasury, various U.S. and foreign corporations, and certificates of deposits. The Company classifies its investments in debt securities as available-for-sale with all unrealized gains or losses included as part of other comprehensive income. The Company evaluates its debt securities with unrealized losses on a quarterly basis for potential other-than-temporary impairments in value. As a result of this assessment, the Company did not recognize any other-than-temporary impairment losses considered to be credit related for the years ended December 31, 2020 and 2019.

When they announce a real contract or report it in a 10Q or 10K is when shareholders will know they succeeded. Moving short-term investments around is not an indicator. Now, if they are locking up money long-term (more than a year), that's - potentially - a different story.

I know, I know - boo, boo, boo - have to keep it real, though. The dental contract was a positive start.