Liquidmetal Technologies Inc (LQMT)

[jrs5]

That's an astute observation. What it essentially means is that our licensing and royalties revenue is not stable currently. While we saw a substantial uptick this third quarter, we are still lower YTD from last year. You can see in 2022, the first 6 months had very good licensing and royalties revenue but then dropped off in the third quarter of 2022. In 2023, the first 6 months didn't have much licensing and royalties revenue, but there was an uptick this past quarter.

What we need to see is steady, sustainable growth in these revenues. And it is not there yet.