Liquidmetal Technologies Inc

Liquidmetal Technologies Inc has a capital structure with no long-term debt and a debt-to-equity ratio of 0.0, indicating a purely equity-funded operation. The company's liquidity position is strong, as evidenced by a current ratio of 8.85, suggesting ample short-term assets to cover liabilities. However, the company's operating cash flow is negative at -$2.75 million, and free cash flow is also negative at -$2.02 million, indicating ongoing cash outflows from operations. Profitability metrics show significant underperformance relative to industry norms. The company reported a net loss of $2.34 million and an operating loss of $3.74 million, resulting in a return on equity of -8.62% and a return on assets of -8.04%. These figures suggest the company is not generating returns that meet the cost of capital or industry expectations. The company's revenue of $784,000 is derived from a mix of custom products and parts for various industries, including medical devices, automotive components, and non-consumer electronics. There is no detailed breakdown of revenue by geographic region or segment in the provided data, but the company's focus on partnerships and third-party manufacturers suggests a diversified but potentially concentrated customer base. Growth trajectory is not evident from the data, as the company's revenue remains at $784,000 with no historical context provided. The outlook for the current fiscal year is not specified, but the negative operating and net income suggest a challenging operating environment. The company's capital expenditures are minimal at -$4,000, indicating limited investment in growth or expansion. Risk factors include the company's negative cash flows and lack of profitability, which could impact its ability to sustain operations without additional financing. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. However, the company's reliance on partnerships and third-party manufacturers may introduce operational and supply chain risks not quantified in the data. Recent events or filings are not detailed in the provided data, but the company's ongoing losses and negative cash flows suggest a need for strategic or operational adjustments to achieve profitability.