Liquidmetal Technologies Inc (LQMT)

[chipboarder]

So I’m reading the 10Q and on page 21 under “Revenue and Operating Expenses”. There is a very interesting statement…..

REVENUE. Total revenue increased to $127 for the three months ended September 30, 2023 from $18 for the three months ended September 30, 2022. The increase for the period was attributable to higher licensing and royalties revenue and higher general production shipments made by our contract manufacturer.

It continues to compare the 9 month results (which decreased) and uses the same phrase to explain the shortfall….”lower licensing and royalties and lower general shipments by our contract manufacturer”.

I was encouraged by the first statement (beginnings of an income stream) but was dismayed by the apparent “boiler plate” wording exhibited by the second comment. The next quarter will tell the story!