Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Sep. 30, 2019 | Nov. 08, 2019 | |
Document Information [Line Items] | ||
Entity Registrant Name | LIQUIDMETAL TECHNOLOGIES INC | |
Entity Central Index Key | 0001141240 | |
Trading Symbol | lqmt | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Emerging Growth Company | false | |
Entity Small Business | false | |
Entity Common Stock, Shares Outstanding (in shares) | 914,359,124 | |
Entity Shell Company | false | |
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2019 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus | Q3 | |
Amendment Flag | false | |
Title of 12(b) Security | Common stock, $0.001 par value per share |
Consolidated Balance Sheets (Cu
Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Current assets: | ||
Cash | $ 31,219 | $ 35,229 |
Restricted cash | 5 | 5 |
Trade accounts receivable | 312 | 120 |
Inventory | 86 | 31 |
Prepaid expenses and other current assets | 411 | 363 |
Total current assets | 32,033 | 35,748 |
Property and equipment, net | 9,081 | 11,767 |
Patents and trademarks, net | 259 | 322 |
Equipment held for sale | 585 | |
Other assets | 14 | 14 |
Total assets | 41,972 | 47,851 |
Current liabilities: | ||
Accounts payable | 124 | 253 |
Accrued liabilities | 508 | 270 |
Deferred revenue | 1 | 31 |
Total current liabilities | 633 | 554 |
Long-term liabilities: | ||
Other long-term liabilities | 856 | 856 |
Total liabilities | 1,489 | 1,410 |
Shareholders' equity: | ||
Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively | ||
Common stock, $0.001 par value; 1,100,000,000 shares authorized; 914,359,124 and 914,206,832 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively | 914 | 914 |
Warrants | 18,179 | 18,179 |
Additional paid-in capital | 286,705 | 286,276 |
Accumulated deficit | (265,240) | (258,854) |
Non-controlling interest in subsidiary | (75) | (74) |
Total shareholders' equity | 40,483 | 46,441 |
Total liabilities and shareholders' equity | $ 41,972 | $ 47,851 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Sep. 30, 2019 | Dec. 31, 2018 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 10,000,000 | 10,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 1,100,000,000 | 1,100,000,000 |
Common stock, shares issued (in shares) | 914,359,124 | 914,206,832 |
Common stock, shares outstanding (in shares) | 914,359,124 | 914,206,832 |
Consolidated Statements of Oper
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | |
Revenue | ||||
Revenues | $ 421,000 | $ 253,000 | $ 776,000 | $ 388,000 |
Cost of sales | 284,000 | 884,000 | 566,000 | 1,026,000 |
Gross profit (loss) | 137,000 | (631,000) | 210,000 | (638,000) |
Operating expenses | ||||
Selling, marketing, general and administrative | 1,380,000 | 1,381,000 | 4,088,000 | 4,493,000 |
Research and development | 284,000 | 601,000 | 1,179,000 | 1,855,000 |
Impairment of long-lived assets | 0 | 1,676,000 | ||
Gain on disposal of fixed assets | (7,000) | (2,000) | ||
Total operating expenses | 1,657,000 | 1,982,000 | 6,941,000 | 6,348,000 |
Operating loss | (1,520,000) | (2,613,000) | (6,731,000) | (6,986,000) |
Interest income | 125,000 | 89,000 | 344,000 | 157,000 |
Net loss and comprehensive loss | (1,395,000) | (2,524,000) | (6,387,000) | (6,829,000) |
Net loss attributable to non-controlling interest | 1,000 | 1,000 | 1,000 | |
Net loss and comprehensive loss attributable to Liquidmetal Technologies shareholders | $ (1,395,000) | $ (2,523,000) | $ (6,386,000) | $ (6,828,000) |
Net loss per common share attributable to Liquidmetal Technologies shareholders, basic and diluted (in dollars per share) | $ 0 | $ 0 | $ (0.01) | $ (0.01) |
Number of weighted average shares - basic and diluted (in shares) | 914,359,124 | 909,972,342 | 914,332,758 | 909,366,218 |
Product [Member] | ||||
Revenue | ||||
Revenues | $ 373,000 | $ 205,000 | $ 728,000 | $ 340,000 |
License [Member] | ||||
Revenue | ||||
Revenues | $ 48,000 | $ 48,000 | $ 48,000 | $ 48,000 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 9 Months Ended | |
Sep. 30, 2019 | Sep. 30, 2018 | |
Operating activities: | ||
Net loss | $ (6,387,000) | $ (6,829,000) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Mark-down of inventory | 641,000 | |
Depreciation and amortization | 848,000 | 802,000 |
Stock-based compensation | 415,000 | 725,000 |
Impairment of long-lived assets | 1,676,000 | |
Loss on disposal of fixed assets | (2,000) | |
Changes in operating assets and liabilities: | ||
Trade accounts receivable | (192,000) | (15,000) |
Inventory | (55,000) | (269,000) |
Prepaid expenses and other current assets | (48,000) | (22,000) |
Accounts payable and accrued liabilities | 109,000 | 31,000 |
Deferred revenue | (30,000) | 6,000 |
Net cash used in operating activities | (3,666,000) | (4,930,000) |
Investing Activities: | ||
Purchases of property and equipment | (630,000) | (156,000) |
Proceeds from disposal of fixed assets | 272,000 | |
Net cash used in investing activities | (358,000) | (156,000) |
Financing Activities: | ||
Proceeds from exercise of stock options | 14,000 | 125,000 |
Net cash provided by financing activities | 14,000 | 125,000 |
Net decrease in cash and restricted cash | (4,010,000) | (4,961,000) |
Cash and restricted cash at beginning of period | 35,234,000 | 41,314,000 |
Cash and restricted cash at end of period | $ 31,224,000 | $ 36,353,000 |
Note 1 - Description of Busines
Note 1 - Description of Business | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Business Description and Basis of Presentation [Text Block] | 1. Description of Business Liquidmetal Technologies, Inc. (the “Company”) is a materials technology company that develops and commercializes products made from amorphous alloys. The Company’s family of alloys consists of a variety of bulk alloys and composites that utilize the advantages offered by amorphous alloys technology. The Company designs, develops and sells products and custom parts from bulk amorphous alloys to customers in a wide range of industries. The Company also partners with third Amorphous alloys are, in general, unique materials that are distinguished by their ability to retain a random atomic structure when they solidify, in contrast to the crystalline atomic structure that forms in other metals and alloys when they solidify. Liquidmetal alloys are proprietary amorphous alloys that possess a combination of performance, processing, and potential cost advantages that the Company believes will make them preferable to other materials in a variety of applications. The amorphous atomic structure of bulk alloys enables them to overcome certain performance limitations caused by inherent weaknesses in crystalline atomic structures, thus facilitating performance and processing characteristics superior in many ways to those of their crystalline counterparts. The Company believes that the alloys and the molding technologies it employs may not one not The Company’s revenues are derived from i) selling bulk Liquidmetal alloy products to customers who produce medical devices, automotive assemblies, sports and leisure goods, and non-consumer electronic devices, ii) selling tooling and prototype parts such as demonstration parts and test samples for customers with products in development, iii) product licensing and royalty revenue, and iv) research and development revenue. The Company expects that these sources of revenue will continue to significantly change the character of the Company’s revenue mix. In July 2019, “2019 2019 |
Note 2 - Basis of Presentation
Note 2 - Basis of Presentation and Recent Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Basis of Presentation and Significant Accounting Policies [Text Block] | 2 . Basis of Presentation and Recent Accounting Pronouncements The accompanying unaudited interim consolidated financial statements as of and for the nine September 30, 2019 September 30, 2018 10 not three nine September 30, 2019 not may December 31, 2019. 2018 10 March 5, 2019. Impairment of long-lived assets The Company reviews long-lived assets to be held and used in operations for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may may not 3 $0 $1,676 three nine September 30, 2019, not 2019 Leases In February 2016, January 1, 2019, not not Liability Classified Warrants In July 2017, January 1, 2019, December 31, 2018 $6,970, $4,778, $2,192. $1,267 December 31, 2018. $1,267 $585 $593 three nine September 30, 2018, no December 31, 2018 three nine September 30, 2018: Balance Sheet Warrant Liability APIC Accum Def. Balance as of 12/31/2018 (Prior to Adoption of ASU 2017-11) $ 925 $ 279,306 $ (252,809 ) Reverse beginning balance as of January 1, 2018 (2,192 ) 6,970 (4,778 ) Change in fair value of warrant liability 1,267 - (1,267 ) Balance as of 12/31/2018 (After Adoption of ASU 2017-11) $ - $ 286,276 $ (258,854 ) Statement of Operations For the three-months ended September 30, 2018 For the nine-months ended September 30, 2018 Change in Value of Warrant Liability Net Loss and Comprehensive Loss Change in Value of Warrant Liability Net Loss and Comprehensive Loss Balance as of 9/30/2018 (Prior to Adoption of ASU 2017-11) $ 585 $ (1,939 ) $ 593 $ (6,236 ) Reverse beginning balance as of January 1, 2018 - - - - Change in fair value of warrant liability (585 ) (585 ) (593 ) (593 ) Balance as of 9/30/2018 (After Adoption of ASU 2017-11) $ - $ (2,524 ) $ - $ (6,829 ) Fair Value Measurements The estimated fair values of financial instruments reported in the consolidated financial statements have been determined using available market information and valuation methodologies, as applicable. The fair value of cash and restricted cash approximate their carrying value due to their short maturities and are classified as Level 1 Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Entities are required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value based upon the following fair value hierarchy: Level 1 Quoted prices in active markets for identical assets or liabilities; Level 2 Observable inputs other than Level 1 not Level 3 Unobservable inputs that are supported by little or no Other recent pronouncements Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants and the SEC did not not |
Note 3 - Significant Transactio
Note 3 - Significant Transactions | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Significant Transactions [Text Block] | 3 . Significant Transactions Manufacturing Facility Purchase On February 16, 2017, 41,000 July 2017. $7,818. 2019 third 2016 Purchase Agreement On March 10, 2016, “2016 2016 405,000,000 $63,400. 105,000,000 $8,400 $0.08 March 10, 2016 200,000,000 $0.15 100,000,000 $0.25 $55,000 October 26, 2016. In addition to the shares issuable under the 2016 10,066,809 2,609,913 March 10, 2016 7,456,896 October 26, 2016 $0.07 tenth Further, the 2016 three one 2016 fifth 2016 Eontec License Agreement On March 10, 2016, 2016 The License Agreement provides for the cross-license of certain patents, technical information, and trademarks between the Company and Eontec. In particular, the Company granted to Eontec a paid-up, royalty-free, perpetual license to the Company’s patents and related technical information to make, have made, use, offer to sell, sell, export, and import products in certain geographic areas outside of North America and Europe. In turn, Eontec granted to the Company a paid-up, royalty-free, perpetual license to Eontec’s patents and related technical information to make, have made, use, offer to sell, sell, export, and import products in certain geographic areas outside of specified countries in Asia. The license granted by the Company to Eontec is exclusive (including to the exclusion of the Company) in the countries of Brunei, Cambodia, China (P.R.C and R.O.C.), East Timor, Indonesia, Japan, Laos, Malaysia, Myanmar, Philippines, Singapore, South Korea, Thailand, and Vietnam. The license granted by Eontec to the Company is exclusive (including to the exclusion of Eontec) in North America and Europe. The cross-licenses are non-exclusive in geographic areas outside of the foregoing exclusive territories. Beyond the License Agreement, the Company collaborates with Eontec to accelerate the commercialization of amorphous alloy technology. This includes but is not third In March 2017, two $780. April 2017 fourth 2017. 2019 Apple License Transaction On August 5, 2010, property in the field of consumer electronic products, as defined in the license agreement, in exchange for a license fee, and (iii) CIP granted back to the Company a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in all other fields of use. Under the agreements relating to the license transaction with Apple, the Company was obligated to contribute, to CIP, all intellectual property developed through February 2016. Other License Transactions On January 31, 2012, five December 6, 2013, 10 The Company’s majority-owned Liquidmetal Golf subsidiary has the exclusive right and license to utilize the Company’s Liquidmetal alloy technology for purposes of golf equipment applications. This right and license is set forth in an intercompany license agreement between Liquidmetal Technologies and Liquidmetal Golf. This license agreement provides that Liquidmetal Golf has a perpetual and exclusive license to use Liquidmetal alloy technology for the purpose of manufacturing, marketing, and selling golf club parts and other products used in the sport of golf. The Company owns 79% In June 2003, December 31, 2021. In March 2009, March 2011, |
Note 4 - Prepaid Expenses and O
Note 4 - Prepaid Expenses and Other Current Assets | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Prepaid Expenses and Other Current Assets [Text Block] | 4 . P repaid Expenses and Other Current Assets Prepaid expenses and other current assets totaled $411 $363 September 30, 2019 December 31, 2018, September 30, December 31, Prepaid service invoices $ 69 $ 79 Prepaid manufacturing and mold costs 69 91 Prepaid insurance premiums 273 193 Total $ 411 $ 363 |
Note 5 - Inventory
Note 5 - Inventory | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Inventory Disclosure [Text Block] | 5 . Inventory Inventory totaled $86 $31 September 30, 2019 December 31, 2018, September 30, December 31, Work in progress $ 86 $ 31 Total $ 86 $ 31 |
Note 6 - Property and Equipment
Note 6 - Property and Equipment, Net | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | 6 . Property and Equipment, net Property and equipment consist of the following: September 30, December 31, Land, building, and improvements $ 9,494 $ 9,039 Machinery and equipment 1,494 5,745 Computer equipment 272 282 Office equipment, furnishings, and improvements 63 181 Total 11,323 15,247 Accumulated depreciation (2,242 ) (3,480 ) Total property and equipment, net $ 9,081 $ 11,767 Depreciation expense for three nine September 30, 2019 $265 $785, three nine September 30, 2018 $253 $736, three nine September 30, 2019, $24 $75 $241 $710 three nine September 30, 2018, $18 $45 $235 $691 The 2019 2019 $1,676, three June 30, 2019. 2019 During the three September 30, 2019, not 2019 $267. $7 three September 30, 2019. |
Note 7 - Equipment Held for Sal
Note 7 - Equipment Held for Sale | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Disclosure of Equipment Held-for-sale [Text Block] | 7. During the three September 30, 2019, $585 2019 September 30, 2019, $600. fourth No |
Note 8 - Patents and Trademarks
Note 8 - Patents and Trademarks, Net | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Intangible Assets Disclosure [Text Block] | 8 . Patents and T rademarks, net Net patents and trademarks totaled $259 $322 September 30, 2019 December 31, 2018, Purchased patent rights represent the exclusive right to commercialize the bulk amorphous alloy and other amorphous alloy technology acquired from California Institute of Technology (“Caltech”), through a license agreement with Caltech and other institutions. All fees and other amounts payable by the Company for these rights and licenses have been paid or accrued in full, and no In addition to the purchased and licensed patents, the Company has internally developed patents. Internally developed patents include legal and registration costs incurred to obtain the respective patents. The Company currently holds various patents and numerous pending patent applications in the United States, as well as numerous foreign counterparts to these patents outside of the United States. The Company amortizes capitalized patents and trademarks over an average of 10 17 $21 $63 three nine September 30, 2019, $22 $66 three nine September 30, 2018, |
Note 9 - Other Assets
Note 9 - Other Assets | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Other Assets Disclosure [Text Block] | 9 . Other Assets Other assets totaled $14 $14 September 30, 2019 December 31, 2018, |
Note 10 - Accrued Liabilities
Note 10 - Accrued Liabilities | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | 10 . Accrued Liabilities Accrued liabilities totaled $508 $270 September 30, 2019 December 31, 2018, September 30, December 31, Accrued payroll, vacation, and bonuses $ 157 $ 178 Accrued severance and settlements 256 10 Accrued audit fees 95 82 Total $ 508 $ 270 In connection with the 2019 2019 July 2019, $273 three September 30, 2019. September 30, 2019, $256 |
Note 11 - Other Long-term Liabi
Note 11 - Other Long-term Liabilities | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Other Liabilities Disclosure [Text Block] | 1 1 . Other Long- T erm L iabilities Other long-term liabilities were $856 September 30, 2019 December 31, 2018, third 5 |
Note 12 - Stock Compensation Pl
Note 12 - Stock Compensation Plans | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Share-based Payment Arrangement [Text Block] | 1 2 . Stock Compensation Plan s On April 4, 2002, 2002 “2002 2002 10,000,000 2002 2002 April 2012, September 30, 2019 December 31, 2018, 69,000 169,000 2002 On June 28, 2012, 2012 “2012 2012 422 1986, 30,000,000 may 2012 2012 nine September 30, 2019, no 7,892,666 11,755,503 September 30, 2019 December 31, 2018, On January 27, 2015, 2015 “2015 40,000,000 2015 2015 nine September 30, 2019, no 12,341,667 16,906,667 September 30, 2019 December 31, 2018, Stock based compensation expense attributable to these plans was $73 $415 three nine September 30, 2019, $179 $725 three nine September 30, 2018, In connection with the separation of former executives and directors, the Company has modified previously granted equity awards to allow for the acceleration of vesting of equity awards, and the extension of the timing to exercise vested awards, following the respective separation dates. The Company incurred incremental stock-based compensation expense of $0 $0 three nine September 30, 2019, $0 $104 three nine September 30, 2018, |
Note 13 - Consolidated Statemen
Note 13 - Consolidated Statements of Changes in Equity | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 1 3 . Consolidated Statements of Changes in Equity The following table provides the Company’s changes in equity for the three September 30, 2019: Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, June 30, 2019 - 914,359,124 $ 914 $ 18,179 $ 286,632 $ (263,845 ) $ (75 ) $ 41,805 Stock option exercises - - - - Stock-based compensation - - 73 73 Net loss (1,395 ) - (1,395 ) Balance, September 30, 2019 - 914,359,124 $ 914 $ 18,179 $ 286,705 $ (265,240 ) $ (75 ) $ 40,483 The following table provides the Company’s changes in equity for the nine September 30, 2019: Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, December 31, 2018 - 914,206,832 $ 914 $ 18,179 $ 286,276 $ (258,854 ) $ (74 ) $ 46,441 Stock option exercises 152,292 - 14 14 Stock-based compensation - - 415 415 Net loss (6,386 ) (1 ) (6,387 ) Balance, September 30, 2019 - 914,359,124 $ 914 $ 18,179 $ 286,705 $ (265,240 ) $ (75 ) $ 40,483 The following table provides the Company’s changes in equity for the three September 30, 2018: Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, June 30, 2018 - 909,239,009 $ 909 $ 18,179 $ 285,488 $ (254,459 ) $ (73 ) $ 50,044 Stock option exercises 733,333 1 77 78 Stock-based compensation - - 178 178 Net loss (2,523 ) (1 ) (2,524 ) Balance, September 30, 2018 - 909,972,342 $ 910 $ 18,179 $ 285,743 $ (256,982 ) $ (74 ) $ 47,776 The following table provides the Company’s changes in equity for the nine September 30, 2018: Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, December 31, 2017 - 908,768,116 $ 909 $ 18,179 $ 284,894 $ (250,154 ) $ (73 ) $ 53,755 Stock option exercises 1,204,226 1 124 125 Stock-based compensation - - 725 725 Net loss (6,828 ) (1 ) (6,829 ) Balance, September 30, 2018 - 909,972,342 $ 910 $ 18,179 $ 285,743 $ (256,982 ) $ (74 ) $ 47,776 |
Note 14 - Loss Per Common Share
Note 14 - Loss Per Common Share | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 1 4 . Loss Per Common Share Basic earnings per share (“EPS”) is computed by dividing earnings (loss) attributable to common shareholders by the weighted average number of common shares outstanding for the applicable period. Diluted EPS reflects the potential dilution of securities that could share in the earnings. Options to purchase 20,303,333 $0.07 $0.38 September 30, 2019, not 10,066,809 $0.07 September 30, 2019, not Options to purchase 33,359,068 $0.07 $0.47 September 30, 2018, not 10,066,809 $0.07 September 30, 2018, not |
Note 15 - Commitments and Conti
Note 15 - Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 1 5 . Commitments and Contingencies Legal Contingencies During October 2018, April 30, 2019, $250 June 30, 2019. |
Note 16 - Related Party Transac
Note 16 - Related Party Transactions | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 1 6 . Related Party Transactions On March 10, 2016, 2016 405,000,000 $63,400. 2016 March 10, 2016, September 30, 2019, 5% $0 $0 three nine September 30, 2019, $85 $133 three nine September 30, 2018, |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2019 | |
Accounting Policies [Abstract] | |
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Impairment of long-lived assets The Company reviews long-lived assets to be held and used in operations for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may may not 3 $0 $1,676 three nine September 30, 2019, not 2019 |
Lessee, Leases [Policy Text Block] | Leases In February 2016, January 1, 2019, not not |
Adoption of New Accounting Pronouncements [Policy Text Block] | Liability Classified Warrants In July 2017, January 1, 2019, December 31, 2018 $6,970, $4,778, $2,192. $1,267 December 31, 2018. $1,267 $585 $593 three nine September 30, 2018, no December 31, 2018 three nine September 30, 2018: Balance Sheet Warrant Liability APIC Accum Def. Balance as of 12/31/2018 (Prior to Adoption of ASU 2017-11) $ 925 $ 279,306 $ (252,809 ) Reverse beginning balance as of January 1, 2018 (2,192 ) 6,970 (4,778 ) Change in fair value of warrant liability 1,267 - (1,267 ) Balance as of 12/31/2018 (After Adoption of ASU 2017-11) $ - $ 286,276 $ (258,854 ) Statement of Operations For the three-months ended September 30, 2018 For the nine-months ended September 30, 2018 Change in Value of Warrant Liability Net Loss and Comprehensive Loss Change in Value of Warrant Liability Net Loss and Comprehensive Loss Balance as of 9/30/2018 (Prior to Adoption of ASU 2017-11) $ 585 $ (1,939 ) $ 593 $ (6,236 ) Reverse beginning balance as of January 1, 2018 - - - - Change in fair value of warrant liability (585 ) (585 ) (593 ) (593 ) Balance as of 9/30/2018 (After Adoption of ASU 2017-11) |
Fair Value Measurement, Policy [Policy Text Block] | Fair Value Measurements The estimated fair values of financial instruments reported in the consolidated financial statements have been determined using available market information and valuation methodologies, as applicable. The fair value of cash and restricted cash approximate their carrying value due to their short maturities and are classified as Level 1 Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Entities are required to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value based upon the following fair value hierarchy: Level 1 Quoted prices in active markets for identical assets or liabilities; Level 2 Observable inputs other than Level 1 not Level 3 Unobservable inputs that are supported by little or no |
New Accounting Pronouncements, Policy [Policy Text Block] | Other recent pronouncements Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants and the SEC did not not |
Note 2 - Basis of Presentatio_2
Note 2 - Basis of Presentation and Recent Accounting Pronouncements (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] | Balance Sheet Warrant Liability APIC Accum Def. Balance as of 12/31/2018 (Prior to Adoption of ASU 2017-11) $ 925 $ 279,306 $ (252,809 ) Reverse beginning balance as of January 1, 2018 (2,192 ) 6,970 (4,778 ) Change in fair value of warrant liability 1,267 - (1,267 ) Balance as of 12/31/2018 (After Adoption of ASU 2017-11) $ - $ 286,276 $ (258,854 ) Statement of Operations For the three-months ended September 30, 2018 For the nine-months ended September 30, 2018 Change in Value of Warrant Liability Net Loss and Comprehensive Loss Change in Value of Warrant Liability Net Loss and Comprehensive Loss Balance as of 9/30/2018 (Prior to Adoption of ASU 2017-11) $ 585 $ (1,939 ) $ 593 $ (6,236 ) Reverse beginning balance as of January 1, 2018 - - - - Change in fair value of warrant liability (585 ) (585 ) (593 ) (593 ) Balance as of 9/30/2018 (After Adoption of ASU 2017-11) $ - $ (2,524 ) $ - $ (6,829 ) |
Note 4 - Prepaid Expenses and_2
Note 4 - Prepaid Expenses and Other Current Assets (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Schedule of Prepaid Expenses and Other Current Assets [Table Text Block] | September 30, December 31, Prepaid service invoices $ 69 $ 79 Prepaid manufacturing and mold costs 69 91 Prepaid insurance premiums 273 193 Total $ 411 $ 363 |
Note 5 - Inventory (Tables)
Note 5 - Inventory (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Schedule of Inventory, Current [Table Text Block] | September 30, December 31, Work in progress $ 86 $ 31 Total $ 86 $ 31 |
Note 6 - Property and Equipme_2
Note 6 - Property and Equipment, Net (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | September 30, December 31, Land, building, and improvements $ 9,494 $ 9,039 Machinery and equipment 1,494 5,745 Computer equipment 272 282 Office equipment, furnishings, and improvements 63 181 Total 11,323 15,247 Accumulated depreciation (2,242 ) (3,480 ) Total property and equipment, net $ 9,081 $ 11,767 |
Note 10 - Accrued Liabilities (
Note 10 - Accrued Liabilities (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Schedule of Accrued Liabilities [Table Text Block] | September 30, December 31, Accrued payroll, vacation, and bonuses $ 157 $ 178 Accrued severance and settlements 256 10 Accrued audit fees 95 82 Total $ 508 $ 270 |
Note 13 - Consolidated Statem_2
Note 13 - Consolidated Statements of Changes in Equity (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Schedule of Stockholders Equity [Table Text Block] | Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, June 30, 2019 - 914,359,124 $ 914 $ 18,179 $ 286,632 $ (263,845 ) $ (75 ) $ 41,805 Stock option exercises - - - - Stock-based compensation - - 73 73 Net loss (1,395 ) - (1,395 ) Balance, September 30, 2019 - 914,359,124 $ 914 $ 18,179 $ 286,705 $ (265,240 ) $ (75 ) $ 40,483 Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, December 31, 2018 - 914,206,832 $ 914 $ 18,179 $ 286,276 $ (258,854 ) $ (74 ) $ 46,441 Stock option exercises 152,292 - 14 14 Stock-based compensation - - 415 415 Net loss (6,386 ) (1 ) (6,387 ) Balance, September 30, 2019 - 914,359,124 $ 914 $ 18,179 $ 286,705 $ (265,240 ) $ (75 ) $ 40,483 Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, June 30, 2018 - 909,239,009 $ 909 $ 18,179 $ 285,488 $ (254,459 ) $ (73 ) $ 50,044 Stock option exercises 733,333 1 77 78 Stock-based compensation - - 178 178 Net loss (2,523 ) (1 ) (2,524 ) Balance, September 30, 2018 - 909,972,342 $ 910 $ 18,179 $ 285,743 $ (256,982 ) $ (74 ) $ 47,776 Preferred Shares Common Common Warrants part of Additional Paid-in Capital Additional Accumulated Non- Controlling Interest Total Balance, December 31, 2017 - 908,768,116 $ 909 $ 18,179 $ 284,894 $ (250,154 ) $ (73 ) $ 53,755 Stock option exercises 1,204,226 1 124 125 Stock-based compensation - - 725 725 Net loss (6,828 ) (1 ) (6,829 ) Balance, September 30, 2018 - 909,972,342 $ 910 $ 18,179 $ 285,743 $ (256,982 ) $ (74 ) $ 47,776 |
Note 2 - Basis of Presentatio_3
Note 2 - Basis of Presentation and Recent Accounting Pronouncements (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
Sep. 30, 2019 | Jun. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 | Jan. 01, 2019 | |
Impairment of Intangible Assets, Finite-lived | $ 0 | $ 1,676,000 | $ 1,676,000 | ||||
Fair Value Adjustment of Warrants | |||||||
Warrant [Member] | |||||||
Derivative Liability, Total | |||||||
Accounting Standards Update 2017-11 [Member] | Warrant [Member] | |||||||
Derivative Liability, Total | $ (2,192,000) | ||||||
Fair Value Adjustment of Warrants | (1,267,000) | ||||||
Additional Paid-in Capital [Member] | Accounting Standards Update 2017-11 [Member] | |||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | 6,970,000 | ||||||
Retained Earnings [Member] | Accounting Standards Update 2017-11 [Member] | |||||||
Cumulative Effect of New Accounting Principle in Period of Adoption | $ (4,778,000) | ||||||
Retained Earnings [Member] | Accounting Standards Update 2017-11 [Member] | Warrant [Member] | |||||||
Fair Value Adjustment of Warrants | $ 585,000 | $ 593,000 | $ (1,267,000) |
Note 2 - Basis of Presentatio_4
Note 2 - Basis of Presentation and Recent Accounting Pronouncements - Adoption of New Accounting Pronouncement (Details) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 | Jan. 01, 2019 | |
Additional paid-in capital | $ 286,705,000 | $ 286,705,000 | $ 286,276,000 | |||
Accumulated deficit | (265,240,000) | (265,240,000) | (258,854,000) | |||
Change in value of warrants, gain (loss) | ||||||
Net loss | $ (1,395,000) | (2,523,000) | $ (6,386,000) | (6,828,000) | ||
Warrant [Member] | ||||||
Warrant liability | ||||||
Warrant [Member] | Accounting Standards Update 2017-11 [Member] | ||||||
Warrant liability | $ (2,192,000) | |||||
Change in value of warrants, gain (loss) | (1,267,000) | |||||
Warrant [Member] | Accounting Standards Update 2017-11 [Member] | Retained Earnings [Member] | ||||||
Change in value of warrants, gain (loss) | 585,000 | 593,000 | (1,267,000) | |||
Previously Reported [Member] | ||||||
Additional paid-in capital | 279,306,000 | |||||
Accumulated deficit | (252,809,000) | |||||
Change in value of warrants, gain (loss) | 585,000 | 593,000 | ||||
Net loss | (1,939,000) | (6,236,000) | ||||
Previously Reported [Member] | Warrant [Member] | ||||||
Warrant liability | 925,000 | |||||
Restatement Adjustment [Member] | Accounting Standards Update 2017-11 [Member] | ||||||
Additional paid-in capital | 6,970,000 | |||||
Accumulated deficit | (4,778,000) | |||||
Change in value of warrants, gain (loss) | (585,000) | (593,000) | ||||
Net loss | $ (585,000) | $ (593,000) | ||||
Restatement Adjustment [Member] | Accounting Standards Update 2017-11 [Member] | Retained Earnings [Member] | ||||||
Change in value of warrants, gain (loss) | (1,267,000) | |||||
Restatement Adjustment [Member] | Warrant [Member] | Accounting Standards Update 2017-11 [Member] | ||||||
Warrant liability | (2,192,000) | |||||
Change in value of warrants, gain (loss) | $ 1,267,000 |
Note 3 - Significant Transact_2
Note 3 - Significant Transactions (Details Textual) $ / shares in Units, $ in Thousands | Feb. 16, 2017USD ($)ft² | Mar. 10, 2016USD ($)$ / sharesshares | Dec. 06, 2013 | Jan. 31, 2012 | Mar. 31, 2017USD ($) | Oct. 26, 2016USD ($)$ / sharesshares |
Area of Land | ft² | 41,000 | |||||
Liquidmetal Golf [Member] | ||||||
Noncontrolling Interest, Ownership Percentage by Parent | 79.00% | |||||
Eontec [Member] | ||||||
Purchase Price for Machinery and Equipment | $ | $ 780 | |||||
Warrants in Connection with the 2016 Purchase Agreement [Member] | ||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 10,066,809 | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.07 | |||||
Warrants and Rights Outstanding, Term | 10 years | |||||
Warrants in Connection with the 2016 Purchase Agreement [Member] | Vest on March 10, 2016 [Member] | ||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,609,913 | |||||
Warrants in Connection with the 2016 Purchase Agreement [Member] | Vest on October 26, 2016 [Member] | ||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 7,456,896 | |||||
The 2016 Purchase Agreement [Member] | ||||||
Common Stock Purchase Agreement, Number of Shares Authorized to Issue and Sell to Investors | 405,000,000 | |||||
Common Stock Purchase Agreement, Value of Shares Authorized to Issue and Sell to Investors | $ | $ 63,400 | |||||
Stock Issued During Period, Shares, New Issues | 105,000,000 | |||||
Stock Issued During Period, Value, New Issues | $ | $ 8,400 | |||||
Sale of Stock, Price Per Share | $ / shares | $ 0.08 | |||||
Common Stock Purchase Agreement, Purchase Price per Share, After Satisfaction of Certain Conditions | $ / shares | $ 0.15 | |||||
Common Stock Purchase Agreement, the Other Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions | $ / shares | $ 0.25 | |||||
Common Stock Purchase Agreement, Value of Shares Authorized to Be Purchased No Later than 90 Days after Satisfaction of Certain Conditions | $ | $ 55,000 | |||||
The 2016 Purchase Agreement [Member] | Common Stock, Purchase Price per Share of $0.15 [Member] | ||||||
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased, After the Satisfaction of Certain Conditions | 200,000,000 | |||||
The 2016 Purchase Agreement [Member] | Common Stock, Purchase Price per Share of $0.25 [ Member] | ||||||
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased, After the Satisfaction of Certain Conditions | 100,000,000 | |||||
Valencia Circle, LLC [Member] | ||||||
Payments to Acquire Buildings | $ | $ 7,818 | |||||
Engel [Member] | ||||||
Supply and License Agreement, Term | 5 years | |||||
Exclusive License Agreement, Term | 10 years |
Note 4 - Prepaid Expenses and_3
Note 4 - Prepaid Expenses and Other Current Assets (Details Textual) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Prepaid Expense and Other Assets, Current | $ 411 | $ 363 |
Note 4 - Prepaid Expenses and_4
Note 4 - Prepaid Expenses and Other Current Assets - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Prepaid service invoices | $ 69 | $ 79 |
Prepaid manufacturing and mold costs | 69 | 91 |
Prepaid insurance premiums | 273 | 193 |
Total | $ 411 | $ 363 |
Note 5 - Inventory (Details Tex
Note 5 - Inventory (Details Textual) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Inventory, Net, Total | $ 86 | $ 31 |
Note 5 - Inventory - Schedule o
Note 5 - Inventory - Schedule of Inventory (Details) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Work in progress | $ 86 | $ 31 |
Total | $ 86 | $ 31 |
Note 6 - Property and Equipme_3
Note 6 - Property and Equipment, Net (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2019 | Jun. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | |
Depreciation, Total | $ 265,000 | $ 253,000 | $ 785,000 | $ 736,000 | |
Impairment of Intangible Assets, Finite-lived | 0 | $ 1,676,000 | 1,676,000 | ||
Proceeds from Sale of Property, Plant, and Equipment, Total | 272,000 | ||||
Restructuring Plan 2019 [Member] | Equipment [Member] | |||||
Proceeds from Sale of Property, Plant, and Equipment, Total | 267,000 | ||||
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | 7,000 | ||||
Cost of Sales [Member] | |||||
Depreciation, Total | 24,000 | 18,000 | 75,000 | 45,000 | |
Selling, General and Administrative Expenses [Member] | |||||
Depreciation, Total | $ 241,000 | $ 235,000 | $ 710,000 | $ 691,000 |
Note 6 - Property and Equipme_4
Note 6 - Property and Equipment, Net - Property and Equipment (Details) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Property and equipment, gross | $ 11,323 | $ 15,247 |
Accumulated depreciation | (2,242) | (3,480) |
Total property and equipment, net | 9,081 | 11,767 |
Land, Buildings and Improvements [Member] | ||
Property and equipment, gross | 9,494 | 9,039 |
Machinery and Equipment [Member] | ||
Property and equipment, gross | 1,494 | 5,745 |
Computer Equipment [Member] | ||
Property and equipment, gross | 272 | 282 |
Office Equipment, Furnishings and Improvements [Member] | ||
Property and equipment, gross | $ 63 | $ 181 |
Note 7 - Equipment Held for S_2
Note 7 - Equipment Held for Sale (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | |
Sep. 30, 2019 | Dec. 31, 2018 | |
Property, Plant and Equipment, Negotiated Sales Price | $ 600 | |
Equipment Held-for-sale, Current | 585 | |
Restructuring Plan 2019 [Member] | ||
Property, Plant and Equipment, Disposals | $ 585 |
Note 8 - Patents and Trademar_2
Note 8 - Patents and Trademarks, Net (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 | |
Intangible Assets, Net (Excluding Goodwill), Total | $ 259 | $ 259 | $ 322 | ||
Amortization of Intangible Assets, Total | $ 21 | $ 22 | $ 63 | $ 66 | |
Minimum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life | 10 years | ||||
Maximum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life | 17 years |
Note 9 - Other Assets (Details
Note 9 - Other Assets (Details Textual) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Other Assets, Total | $ 14 | $ 14 |
Note 10 - Accrued Liabilities_2
Note 10 - Accrued Liabilities (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | |
Sep. 30, 2019 | Dec. 31, 2018 | |
Accrued Liabilities, Current, Total | $ 508 | $ 270 |
Settlement Liabilities, Current | 256 | $ 10 |
Restructuring Plan 2019 [Member] | Employee Severance [Member] | Selling, General and Administrative Expenses [Member] | ||
Restructuring Charges, Total | $ 273 |
Note 10 - Accrued Liabilities -
Note 10 - Accrued Liabilities - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018 |
Accrued payroll, vacation, and bonuses | $ 157 | $ 178 |
Accrued severance and settlements | 256 | 10 |
Accrued audit fees | 95 | 82 |
Total | $ 508 | $ 270 |
Note 11 - Other Long-term Lia_2
Note 11 - Other Long-term Liabilities (Details Textual) - USD ($) $ in Thousands | 9 Months Ended | |
Sep. 30, 2019 | Dec. 31, 2018 | |
Other Liabilities, Noncurrent, Total | $ 856 | $ 856 |
Period for Outstanding Liability | 5 years |
Note 12 - Stock Compensation _2
Note 12 - Stock Compensation Plans (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | |||||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 | Jan. 27, 2015 | Apr. 04, 2002 | |
Share-based Payment Arrangement, Expense | $ 73,000 | $ 179,000 | $ 415,000 | $ 725,000 | |||
Share-based Payment Arrangement, Accelerated Cost | $ 0 | $ 0 | $ 0 | $ 104,000 | |||
Equity Incentive Plan [Member] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 10,000,000 | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance | 69,000 | 69,000 | 169,000 | ||||
Equity Incentive Plan 2012 [Member] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 30,000,000 | 30,000,000 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance | 7,892,666 | 7,892,666 | 11,755,503 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 0 | ||||||
Equity Incentive Plan 2015 [Member] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 40,000,000 | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance | 12,341,667 | 12,341,667 | 16,906,667 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 0 |
Note 13 - Consolidated Statem_3
Note 13 - Consolidated Statements of Changes in Equity - Changes in Equity (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | |
Balance | $ 41,805 | $ 50,044 | $ 46,441 | $ 53,755 |
Stock option exercises | 78 | 14 | 125 | |
Stock-based compensation | 73 | 178 | 415 | 725 |
Net loss | (1,395) | (2,524) | (6,387) | (6,829) |
Balance | $ 40,483 | $ 47,776 | $ 40,483 | $ 47,776 |
Preferred Stock [Member] | ||||
Balance (in shares) | ||||
Balance (in shares) | ||||
Stock option exercises (in shares) | ||||
Common Stock [Member] | ||||
Balance (in shares) | 914,359,124 | 909,239,009 | 914,206,832 | 908,768,116 |
Balance | $ 914 | $ 909 | $ 914 | $ 909 |
Stock option exercises | 1 | 1 | ||
Stock-based compensation | ||||
Net loss | ||||
Balance (in shares) | 914,359,124 | 909,972,342 | 914,359,124 | 909,972,342 |
Balance | $ 914 | $ 910 | $ 914 | $ 910 |
Stock option exercises (in shares) | 733,333 | 152,292 | 1,204,226 | |
Additional Paid in Capital, Attributable to Warrants [Member] | ||||
Balance | 18,179 | $ 18,179 | $ 18,179 | $ 18,179 |
Stock option exercises | ||||
Stock-based compensation | ||||
Net loss | ||||
Balance | 18,179 | 18,179 | 18,179 | 18,179 |
Additional Paid-in Capital [Member] | ||||
Balance | 286,632 | 285,488 | 286,276 | 284,894 |
Stock option exercises | 77 | 14 | 124 | |
Stock-based compensation | 73 | 178 | 415 | 725 |
Net loss | ||||
Balance | 286,705 | 285,743 | 286,705 | 285,743 |
Retained Earnings [Member] | ||||
Balance | (263,845) | (254,459) | (258,854) | (250,154) |
Stock option exercises | ||||
Stock-based compensation | ||||
Net loss | (1,395) | (2,523) | (6,386) | (6,828) |
Balance | (265,240) | (256,982) | (265,240) | (256,982) |
Noncontrolling Interest [Member] | ||||
Balance | (75) | (73) | (74) | (73) |
Stock option exercises | ||||
Stock-based compensation | ||||
Net loss | (1) | (1) | (1) | |
Balance | $ (75) | $ (74) | $ (75) | $ (74) |
Note 14 - Loss Per Common Sha_2
Note 14 - Loss Per Common Share (Details Textual) - $ / shares | 9 Months Ended | |
Sep. 30, 2019 | Sep. 30, 2018 | |
Share-based Payment Arrangement, Option [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 20,303,333 | 33,359,068 |
Share-based Payment Arrangement, Option [Member] | Minimum [Member] | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance | $ 0.07 | $ 0.07 |
Share-based Payment Arrangement, Option [Member] | Maximum [Member] | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance | $ 0.38 | $ 0.47 |
Warrant [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 10,066,809 | 10,066,809 |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.07 | $ 0.07 |
Note 15 - Commitments and Con_2
Note 15 - Commitments and Contingencies (Details Textual) - Settled Litigation [Member] - USD ($) $ in Thousands | Apr. 30, 2019 | Jun. 30, 2019 |
Loss Contingency, Damages Awarded, Value | $ 250 | |
Loss Contingency Accrual, Payments | $ 250 |
Note 16 - Related Party Trans_2
Note 16 - Related Party Transactions (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | 9 Months Ended | |||
Jun. 30, 2019 | Sep. 30, 2018 | Jun. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Mar. 10, 2016 | |
Chairman of Eontec [Member] | Minimum [Member] | ||||||
Beneficial Ownership Percentage | 5.00% | |||||
Eontec [Member] | License Agreement [Member] | ||||||
Related Party Transaction, Amounts of Transaction | $ 0 | $ 85,000 | $ 0 | $ 133,000 | ||
The 2016 Purchase Agreement [Member] | ||||||
Common Stock Purchase Agreement, Number of Shares Authorized to Issue and Sell to Investors | 405,000,000 | |||||
Common Stock Purchase Agreement, Value of Shares Authorized to Issue and Sell to Investors | $ 63,400,000 |