Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2021 | Aug. 06, 2021 | |
Document Information [Line Items] | ||
Entity Central Index Key | 0001141240 | |
Entity Registrant Name | LIQUIDMETAL TECHNOLOGIES INC | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2021 | |
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Jun. 30, 2021 | |
Document Transition Report | false | |
Entity File Number | 001-31332 | |
Entity Incorporation, State or Country Code | DE | |
Entity Tax Identification Number | 33-0264467 | |
Entity Address, Address Line One | 20321 Valencia Circle | |
Entity Address, City or Town | Lake Forest | |
Entity Address, State or Province | CA | |
Entity Address, Postal Zip Code | 92630 | |
City Area Code | 949 | |
Local Phone Number | 635-2100 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 914,449,957 |
Consolidated Balance Sheets (Cu
Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Current assets: | ||
Cash and cash equivalents | $ 10,925 | $ 1,514 |
Restricted cash | 5 | 5 |
Investments in debt securities- short term | 9,631 | 14,720 |
Trade accounts receivable, net of allowance for doubtful accounts | 184 | 271 |
Inventory | 161 | 43 |
Prepaid expenses and other current assets | 232 | 465 |
Total current assets | 21,138 | 17,018 |
Investments in debt securities- long term | 7,632 | 12,768 |
Property and equipment, net | 8,454 | 8,614 |
Patents and trademarks, net | 124 | 158 |
Other Assets | 280 | 251 |
Total assets | 37,628 | 38,809 |
Current liabilities: | ||
Accounts payable | 199 | 205 |
Accrued liabilities | 298 | 315 |
Deferred revenue | 41 | 0 |
Total current liabilities | 538 | 520 |
Long-term liabilities | ||
Other long-term liabilities | 899 | 899 |
Total liabilities | 1,437 | 1,419 |
Shareholders' equity: | ||
Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively | 0 | 0 |
Common stock, $0.001 par value; 1,100,000,000 shares authorized; 914,449,957 and 914,449,957 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively | 914 | 914 |
Warrants | 18,179 | 18,179 |
Additional paid-in capital | 287,390 | 287,183 |
Accumulated deficit | (270,241) | (268,926) |
Accumulated other comprehensive income | 26 | 116 |
Non-controlling interest in subsidiary | (77) | (76) |
Total shareholders' equity | 36,191 | 37,390 |
Total liabilities and shareholders' equity | $ 37,628 | $ 38,809 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Jun. 30, 2021 | Dec. 31, 2020 |
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) | 914,449,957 | 914,449,957 |
Common stock, shares outstanding (in shares) | 914,449,957 | 914,449,957 |
Consolidated Statements of Oper
Consolidated Statements of Operations (Unaudited) - USD ($) $ / shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Revenue | ||||
Revenues | $ 243 | $ 33 | $ 315 | $ 104 |
Cost of sales | 154 | 35 | 209 | 71 |
Gross profit | 89 | (2) | 106 | 33 |
Operating expenses | ||||
Selling, marketing, general and administrative | 849 | 870 | 1,728 | 1,857 |
Research and development | 38 | 27 | 60 | 56 |
Gain on disposal of long-lived assets | 0 | (15) | 0 | (35) |
Total operating expenses | 887 | 882 | 1,788 | 1,878 |
Operating loss | (798) | (884) | (1,682) | (1,845) |
Lease income | 132 | 132 | 264 | 220 |
Interest and investment income | 41 | 109 | 102 | 236 |
Loss before income taxes | (625) | (643) | (1,316) | (1,389) |
Income taxes | 0 | 0 | 0 | 0 |
Net loss | (625) | (643) | (1,316) | (1,389) |
Net loss attributable to non-controlling interest | 1 | 0 | 1 | 0 |
Net loss attributable to Liquidmetal Technologies shareholders | $ (624) | $ (643) | $ (1,315) | $ (1,389) |
Per common share basic and diluted: | ||||
Net loss per common share attributable to Liquidmetal Technologies shareholders, basic and diluted (in dollars per share) | $ 0 | $ 0 | $ 0 | $ 0 |
Number of weighted average shares - basic and diluted (in shares) | 914,449,957 | 914,449,957 | 914,449,957 | 914,449,957 |
Product [Member] | ||||
Revenue | ||||
Revenues | $ 231 | $ 33 | $ 294 | $ 79 |
License [Member] | ||||
Revenue | ||||
Revenues | $ 12 | $ 0 | $ 21 | $ 25 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Net loss | $ (625) | $ (643) | $ (1,316) | $ (1,389) |
Other comprehensive loss, net of tax | ||||
Net unrealized gains (losses) on available-for-sale securities | 26 | 184 | (90) | 88 |
Other comprehensive loss income (loss), net of tax | 26 | 184 | (90) | 88 |
Comprehensive loss | (599) | (459) | (1,406) | (1,301) |
Less: Comprehensive loss attributable to non-controlling interests | 1 | 0 | 1 | 0 |
Comprehenisve loss attributable to Liquidmetal Technologies shareholders | $ (598) | $ (459) | $ (1,405) | $ (1,301) |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Operating activities: | ||
Net loss | $ (1,316) | $ (1,389) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Depreciation and amortization | 194 | 203 |
Realized investment gains | 0 | (2) |
Stock-based compensation | 207 | 173 |
Gain on disposal of long-lived assets | 0 | (35) |
Changes in operating assets and liabilities: | ||
Trade accounts receivable | 87 | 12 |
Inventory | (118) | (11) |
Prepaid expenses and other current assets | 233 | 143 |
Other assets and liabilities | (29) | (162) |
Accounts payable and accrued liabilities | (23) | (136) |
Deferred revenue | 41 | 0 |
Net cash used in operating activities | (724) | (1,204) |
Investing Activities: | ||
Purchases of property and equipment | 0 | (116) |
Proceeds from disposal of property and equipment | 0 | 20 |
Purchases of debt securities | (10,722) | (4,949) |
Proceeds from sales of debt securities | 20,857 | 7,232 |
Net cash provided by investing activities | 10,135 | 2,187 |
Financing Activities: | ||
Proceeds from exercise of stock options | 0 | 0 |
Net cash provided by financing activities | 0 | 0 |
Net decrease in cash, cash equivalents, and restricted cash | 9,411 | 983 |
Cash, cash equivalents, and restricted cash at beginning of period | 1,519 | 19,548 |
Cash, cash equivalents, and restricted cash at end of period | 10,930 | 20,531 |
Supplemental Schedule of Non-Cash Investing Activities: | ||
Settlement of contract liability from disposal of property and equipment | $ 0 | $ 420 |
Note 1 - Description of Busines
Note 1 - Description of Business | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Business Description and Basis of Presentation [Text Block] | 1. 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. |
Note 2 - Basis of Presentation
Note 2 - Basis of Presentation and Recent Accounting Pronouncements | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Basis of Presentation and Significant Accounting Policies [Text Block] | 2. The accompanying unaudited interim consolidated financial statements as of and for the three six June 30, 2021 June 30, 2020 10 not three six June 30, 2021 not may December 31, 2021. 2020 10 March 9, 2021. 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 three six June 30, 2021 2020. 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 As of June 30, 2021, Fair Value Level 1 Level 2 Level 3 Investments in debt securities (short-term) $ 9,631 $ 6,068 $ 3,563 $ - Investments in debt securities (long-term) 7,632 1,000 6,632 - As of December 31, 2020, Fair Value Level 1 Level 2 Level 3 Investments in debt securities (short-term) $ 14,720 $ 8,939 $ 5,781 $ - Investments in debt securities (long-term) 12,768 - 12,768 - Leases The Company leases its previous manufacturing facility under a long-term contract, which is accounted for as an operating lease. The lease provides for a fixed base rent and variable payments comprised of reimbursements for property taxes, insurance, utilities, and common area maintenance. The lease has a term of sixty-two ASC 842 Other recent pronouncements Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the SEC did not not |
Note 3 - Significant Transactio
Note 3 - Significant Transactions | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Significant Transactions [Text Block] | 3. 2019 In July 2019, “2019 2019 Manufacturing Facility Purchase On February 16, 2017, July 2017. 2019 Facility Lease On January 23, 2020, 20321 5 2 April 30, 2025. one 2016 On March 10, 2016, “2016 2016 March 10, 2016 October 26, 2016. In addition to the shares issuable under the 2016 March 10, 2016 October 26, 2016 tenth The 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, and its affiliates, to accelerate the commercialization of amorphous alloy technology. This includes but is not third Eutectix Business Development Agreement On January 31, 2020, two two six five Apple License Transaction On August 5, 2010, 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 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% of the outstanding common stock of Liquidmetal Golf. In March 2009, March 2011, |
Note 4 - Investments in Debt Se
Note 4 - Investments in Debt Securities | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | 4. The following table sets forth amortized cost fair value, and unrealized gains (losses) of investments in debt securities (short-term and long-term): Amortized Cost Fair Value Unrealized gains (losses) June 30, December 31, June 30, December 31, June 30, December 31, Longest Maturity Date 2021 2020 2021 2020 2021 2020 U.S. government and agency securities 2022 $ 4,550 $ - $ 4,549 $ - $ (1 ) $ - Corporate bonds 2024 11,937 26,222 11,964 26,338 27 116 Certificates of deposit One-year 750 1,150 750 1,150 - - $ 17,237 $ 27,372 $ 17,263 $ 27,488 $ 26 $ 116 Income from these investments totaled $41 and $102 during the three six June 30, 2021, three six June 30, 2020, Based on the Company’s review of its debt securities that are individually in an unrealized loss position at June 30, 2021, 19 June 30, 2021, not not not not June 30, 2021. |
Note 5 - Trade Accounts Receiva
Note 5 - Trade Accounts Receivable | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 5. Trade accounts receivable were comprised of the following: June 30, December 31, 2021 2020 Trade accounts receivable $ 184 $ 505 Less: Allowance for doubtful accounts - (234 ) Trade accounts receivable $ 184 $ 271 During the three June 30, 2021, no three six June 30, 2021. |
Note 6 - Prepaid Expenses and O
Note 6 - Prepaid Expenses and Other Current Assets | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Prepaid Expenses and Other Current Assets [Text Block] | 6. Prepaid expenses and other current assets totaled $232 and $465 as of June 30, 2021 December 31, 2020, June 30, December 31, 2021 2020 Prepaid service invoices $ 75 $ 76 Prepaid insurance premiums 58 233 Prepaid lease costs and receivables- short term 23 21 Interest and other receivables 76 135 Total $ 232 $ 465 As of June 30, 2021, twelve |
Note 7 - Inventory
Note 7 - Inventory | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Inventory Disclosure [Text Block] | 7. Inventory totaled $161 and $43 as of June 30, 2021 December 31, 2020, June 30, December 31, 2021 2020 Work in progress $ 80 $ - Finished goods 81 43 Total $ 161 $ 43 |
Note 8 - Property and Equipment
Note 8 - Property and Equipment, Net | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | 8. Property and equipment consist of the following: June 30, December 31, 2021 2020 Land, building, and improvements $ 9,610 $ 9,610 Machinery and equipment 1,304 1,304 Computer equipment 272 272 Office equipment, furnishings, and improvements 51 51 Total 11,237 11,237 Accumulated depreciation (2,783 ) (2,623 ) Total property and equipment, net $ 8,454 $ 8,614 Depreciation expense for three six June 30, 2021 three six June 30, 2020 During the three six June 30, 2020, $20. three six June 30, 2020. No three six June 30, 2021. |
Note 9 - Equipment Held for Sal
Note 9 - Equipment Held for Sale | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Disclosure of Equipment Held-for-sale [Text Block] | 9. The Company previously reclassified $585 in equipment, planned to be disposed of under the 2019 June 30, 2020, October 2020, |
Note 10 - Patents and Trademark
Note 10 - Patents and Trademarks, Net | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Intangible Assets Disclosure [Text Block] | 10. Net patents and trademarks totaled $124 and $158 as of June 30, 2021 December 31, 2020, 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 to 17 year periods. Amortization expense for patents and trademarks was $15 and $34 for the three six June 30, 2021, three six June 30, 2020, |
Note 11 - Other Assets
Note 11 - Other Assets | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Other Assets Disclosure [Text Block] | 11. Other assets totaled $280 and $251 as of June 30, 2021 December 31, 2020, June 30, December 31, 2021 2020 Utility deposits $ 14 $ 14 Prepaid lease costs and receivables- long term 266 237 Total $ 280 $ 251 As of June 30, 2021, not twelve |
Note 12 - Accrued Liabilities
Note 12 - Accrued Liabilities | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | 12. Accrued liabilities totaled $298 and $315 as of June 30, 2021 December 31, 2020, June 30, December 31, 2021 2020 Accrued payroll, vacation, and bonuses $ 150 $ 147 Accrued severance 56 56 Accrued audit fees 92 112 Total $ 298 $ 315 |
Note 13 - Other Long-term Liabi
Note 13 - Other Long-term Liabilities | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Other Liabilities Disclosure [Text Block] | 13. Other long-term liabilities were $899 as of June 30, 2021 December 31, 2020, third |
Note 14 - Stock Compensation Pl
Note 14 - Stock Compensation Plans | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Share-based Payment Arrangement [Text Block] | 14. On June 28, 2012, 2012 “2012 2012 422 1986, may 2012 2012 three six June 30, 2021, no June 30, 2021 December 31, 2020, On January 27, 2015, 2015 “2015 2015 2015 three six June 30, 2021, no June 30, 2021 December 31, 2020, Stock based compensation expense attributable to these plans was $100 and $207 for the three six June 30, 2021, three six June 30, 2020, |
Note 15 - Facility Lease
Note 15 - Facility Lease | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Lessor, Operating Leases [Text Block] | 15. Amounts collected under the facility lease are comprised of base rents and reimbursements for direct facility expenses (property taxes and insurance), common area maintenance, and utilities. Amounts recorded to lease income are comprised of base rents and direct facility expenses, recorded on a straight-line basis over the lease term. Reimbursements for common area maintenance and utility expense are recorded as reductions to like expenses within sales, general, and administrative costs. The future minimum rents due to the Company under the Facility Lease are as follows: Year Base Rents 2021 $ 238 2022 486 2023 651 2024 699 2025 237 Thereafter - $ 2,311 |
Note 16 - Consolidated Statemen
Note 16 - Consolidated Statements of Changes in Equity | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 16. The following table provides the Company’s changes in equity for the three June 30, 2021: Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income Non- Controlling Interest Total Balance, March 31, 2021 - 914,449,957 $ 914 $ 18,179 $ 287,290 $ (269,617 ) $ - $ (76 ) $ 36,690 Stock-based compensation 100 100 Net loss (624 ) (1 ) (625 ) Other comprehensive income 26 26 Balance, June 30, 2021 - 914,449,957 $ 914 $ 18,179 $ 287,390 $ (270,241 ) $ 26 $ (77 ) $ 36,191 The following table provides the Company’s changes in equity for the six June 30, 2021: Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income Non- Controlling Interest Total Balance, December 31, 2020 - 914,449,957 $ 914 $ 18,179 287,183 (268,926 ) $ 116 $ (76 ) $ 37,390 Stock-based compensation 207 207 Net loss (1,315 ) (1 ) (1,316 ) Other comprehensive loss (90 ) (90 ) Balance, June 30, 2021 - 914,449,957 $ 914 $ 18,179 $ 287,390 $ (270,241 ) $ 26 $ (77 ) $ 36,191 The following table provides the Company’s changes in equity for the three June 30, 2020: Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income (Loss) Non- Controlling Interest Total Balance, March 31, 2020 - 914,449,957 $ 914 $ 18,179 $ 286,924 $ (267,030 ) $ (94 ) $ (75 ) $ 38,818 Stock-based compensation 81 81 Net loss (643 ) (643 ) Other comprehensive income 184 184 Balance, June 30, 2020 - 914,449,957 $ 914 $ 18,179 $ 287,005 $ (267,673 ) $ 90 $ (75 ) $ 38,440 The following table provides the Company’s changes in equity for the six June 30, 2020: Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income Non- Controlling Interest Total Balance, December 31, 2019 - 914,449,957 $ 914 $ 18,179 $ 286,832 $ (266,284 ) $ 2 $ (75 ) $ 39,568 Stock-based compensation 173 173 Net loss (1,389 ) (1,389 ) Other comprehensive income 88 88 Balance, June 30, 2020 - 914,449,957 $ 914 $ 18,179 $ 287,005 $ (267,673 ) $ 90 $ (75 ) $ 38,440 |
Note 17 - Accumulated Other Com
Note 17 - Accumulated Other Comprehensive Income (Loss) ("AOCI") | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Comprehensive Income (Loss) Note [Text Block] | 17. AOCI ) The following table presents a summary of the changes in each component of AOCI for the three June 30, 2021: Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of March 31, 2021 $ - $ - Other comprehensive income before reclassifications 26 26 Amounts reclassified from accumulated other comprehensive income (loss) - Net increase in other comprehensive income (loss) 26 26 Accumulated other comprehensive income (loss), net of tax, as of June 30, 2021 $ 26 $ 26 The following table presents a summary of the changes in each component of AOCI for the six June 30, 2021: Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of December 31, 2020 $ 116 $ 116 Other comprehensive loss before reclassifications (90 ) (90 ) Amounts reclassified from accumulated other comprehensive income (loss) - Net increase in other comprehensive income (loss) (90 ) (90 ) Accumulated other comprehensive income (loss), net of tax, as of June 30, 2021 $ 26 $ 26 The following table presents a summary of the changes in each component of AOCI for the three June 30, 2020: Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of March 31, 2020 $ (94 ) $ (94 ) Other comprehensive loss before reclassifications 185 185 Amounts reclassified from accumulated other comprehensive income (loss) (1 ) (1 ) Net increase in other comprehensive income (loss) 184 184 Accumulated other comprehensive income (loss), net of tax, as of June 30, 2020 $ 90 $ 90 The following table presents a summary of the changes in each component of AOCI for the six June 30, 2020: Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of December 31, 2019 $ 2 $ 2 Other comprehensive loss before reclassifications 90 90 Amounts reclassified from accumulated other comprehensive income (loss) (2 ) (2 ) Net increase in other comprehensive income (loss) 88 88 Accumulated other comprehensive income (loss), net of tax, as of June 30, 2020 $ 90 $ 90 |
Note 18 - Loss Per Common Share
Note 18 - Loss Per Common Share | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 18. 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 17,950,859 shares of common stock, at prices ranging from $0.07 to $0.38 per share, were outstanding at June 30, 2021, not June 30, 2021, not Options to purchase 18,144,359 shares of common stock, at prices ranging from $0.07 to $0.38 per share, were outstanding at June 30, 2020, not June 30, 2020, not |
Note 19 - Related Party Transac
Note 19 - Related Party Transactions | 6 Months Ended |
Jun. 30, 2021 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 19. On March 10, 2016, 2016 2016 March 10, 2016, June 30, 2021, three six June 30, 2021, three six June 30, 2020, On July 6, 2021, On July 6, 2021, Mr. Chung will receive a base annual salary of $240,000 and a $20,000 signing bonus, payable after ninety 2015 two 1” 2” 1, ninety 2, first second 2 2015 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
Investment, Policy [Policy Text Block] | 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 three six June 30, 2021 2020. |
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 As of June 30, 2021, Fair Value Level 1 Level 2 Level 3 Investments in debt securities (short-term) $ 9,631 $ 6,068 $ 3,563 $ - Investments in debt securities (long-term) 7,632 1,000 6,632 - As of December 31, 2020, Fair Value Level 1 Level 2 Level 3 Investments in debt securities (short-term) $ 14,720 $ 8,939 $ 5,781 $ - Investments in debt securities (long-term) 12,768 - 12,768 - |
Lessee, Leases [Policy Text Block] | Leases The Company leases its previous manufacturing facility under a long-term contract, which is accounted for as an operating lease. The lease provides for a fixed base rent and variable payments comprised of reimbursements for property taxes, insurance, utilities, and common area maintenance. The lease has a term of sixty-two ASC 842 |
New Accounting Pronouncements, Policy [Policy Text Block] | Other recent pronouncements Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the SEC did not not |
Note 2 - Basis of Presentatio_2
Note 2 - Basis of Presentation and Recent Accounting Pronouncements (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | Fair Value Level 1 Level 2 Level 3 Investments in debt securities (short-term) $ 9,631 $ 6,068 $ 3,563 $ - Investments in debt securities (long-term) 7,632 1,000 6,632 - Fair Value Level 1 Level 2 Level 3 Investments in debt securities (short-term) $ 14,720 $ 8,939 $ 5,781 $ - Investments in debt securities (long-term) 12,768 - 12,768 - |
Note 4 - Investments in Debt _2
Note 4 - Investments in Debt Securities (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Debt Securities, Available-for-sale [Table Text Block] | Amortized Cost Fair Value Unrealized gains (losses) June 30, December 31, June 30, December 31, June 30, December 31, Longest Maturity Date 2021 2020 2021 2020 2021 2020 U.S. government and agency securities 2022 $ 4,550 $ - $ 4,549 $ - $ (1 ) $ - Corporate bonds 2024 11,937 26,222 11,964 26,338 27 116 Certificates of deposit One-year 750 1,150 750 1,150 - - $ 17,237 $ 27,372 $ 17,263 $ 27,488 $ 26 $ 116 |
Note 5 - Trade Accounts Recei_2
Note 5 - Trade Accounts Receivable (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | June 30, December 31, 2021 2020 Trade accounts receivable $ 184 $ 505 Less: Allowance for doubtful accounts - (234 ) Trade accounts receivable $ 184 $ 271 |
Note 6 - Prepaid Expenses and_2
Note 6 - Prepaid Expenses and Other Current Assets (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Prepaid Expenses and Other Current Assets [Table Text Block] | June 30, December 31, 2021 2020 Prepaid service invoices $ 75 $ 76 Prepaid insurance premiums 58 233 Prepaid lease costs and receivables- short term 23 21 Interest and other receivables 76 135 Total $ 232 $ 465 |
Note 7 - Inventory (Tables)
Note 7 - Inventory (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Inventory, Current [Table Text Block] | June 30, December 31, 2021 2020 Work in progress $ 80 $ - Finished goods 81 43 Total $ 161 $ 43 |
Note 8 - Property and Equipme_2
Note 8 - Property and Equipment, Net (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | June 30, December 31, 2021 2020 Land, building, and improvements $ 9,610 $ 9,610 Machinery and equipment 1,304 1,304 Computer equipment 272 272 Office equipment, furnishings, and improvements 51 51 Total 11,237 11,237 Accumulated depreciation (2,783 ) (2,623 ) Total property and equipment, net $ 8,454 $ 8,614 |
Note 11 - Other Assets (Tables)
Note 11 - Other Assets (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Other Assets, Noncurrent [Table Text Block] | June 30, December 31, 2021 2020 Utility deposits $ 14 $ 14 Prepaid lease costs and receivables- long term 266 237 Total $ 280 $ 251 |
Note 12 - Accrued Liabilities (
Note 12 - Accrued Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Accrued Liabilities [Table Text Block] | June 30, December 31, 2021 2020 Accrued payroll, vacation, and bonuses $ 150 $ 147 Accrued severance 56 56 Accrued audit fees 92 112 Total $ 298 $ 315 |
Note 15 - Facility Lease (Table
Note 15 - Facility Lease (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block] | Year Base Rents 2021 $ 238 2022 486 2023 651 2024 699 2025 237 Thereafter - $ 2,311 |
Note 16 - Consolidated Statem_2
Note 16 - Consolidated Statements of Changes in Equity (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Stockholders Equity [Table Text Block] | Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income Non- Controlling Interest Total Balance, March 31, 2021 - 914,449,957 $ 914 $ 18,179 $ 287,290 $ (269,617 ) $ - $ (76 ) $ 36,690 Stock-based compensation 100 100 Net loss (624 ) (1 ) (625 ) Other comprehensive income 26 26 Balance, June 30, 2021 - 914,449,957 $ 914 $ 18,179 $ 287,390 $ (270,241 ) $ 26 $ (77 ) $ 36,191 Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income Non- Controlling Interest Total Balance, December 31, 2020 - 914,449,957 $ 914 $ 18,179 287,183 (268,926 ) $ 116 $ (76 ) $ 37,390 Stock-based compensation 207 207 Net loss (1,315 ) (1 ) (1,316 ) Other comprehensive loss (90 ) (90 ) Balance, June 30, 2021 - 914,449,957 $ 914 $ 18,179 $ 287,390 $ (270,241 ) $ 26 $ (77 ) $ 36,191 Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income (Loss) Non- Controlling Interest Total Balance, March 31, 2020 - 914,449,957 $ 914 $ 18,179 $ 286,924 $ (267,030 ) $ (94 ) $ (75 ) $ 38,818 Stock-based compensation 81 81 Net loss (643 ) (643 ) Other comprehensive income 184 184 Balance, June 30, 2020 - 914,449,957 $ 914 $ 18,179 $ 287,005 $ (267,673 ) $ 90 $ (75 ) $ 38,440 Preferred Shares Common Shares Common Stock Warrants part of Additional Paid-in Capital Additional Paid-in Capital Accumulated Deficit Accumulated Other Comprehensve Income Non- Controlling Interest Total Balance, December 31, 2019 - 914,449,957 $ 914 $ 18,179 $ 286,832 $ (266,284 ) $ 2 $ (75 ) $ 39,568 Stock-based compensation 173 173 Net loss (1,389 ) (1,389 ) Other comprehensive income 88 88 Balance, June 30, 2020 - 914,449,957 $ 914 $ 18,179 $ 287,005 $ (267,673 ) $ 90 $ (75 ) $ 38,440 |
Note 17 - Accumulated Other C_2
Note 17 - Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Notes Tables | |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of March 31, 2021 $ - $ - Other comprehensive income before reclassifications 26 26 Amounts reclassified from accumulated other comprehensive income (loss) - Net increase in other comprehensive income (loss) 26 26 Accumulated other comprehensive income (loss), net of tax, as of June 30, 2021 $ 26 $ 26 Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of December 31, 2020 $ 116 $ 116 Other comprehensive loss before reclassifications (90 ) (90 ) Amounts reclassified from accumulated other comprehensive income (loss) - Net increase in other comprehensive income (loss) (90 ) (90 ) Accumulated other comprehensive income (loss), net of tax, as of June 30, 2021 $ 26 $ 26 Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of March 31, 2020 $ (94 ) $ (94 ) Other comprehensive loss before reclassifications 185 185 Amounts reclassified from accumulated other comprehensive income (loss) (1 ) (1 ) Net increase in other comprehensive income (loss) 184 184 Accumulated other comprehensive income (loss), net of tax, as of June 30, 2020 $ 90 $ 90 Unrealized gains (losses) on available-for- sale securities Total Accumulated other comprehensive income (loss), net of tax, as of December 31, 2019 $ 2 $ 2 Other comprehensive loss before reclassifications 90 90 Amounts reclassified from accumulated other comprehensive income (loss) (2 ) (2 ) Net increase in other comprehensive income (loss) 88 88 Accumulated other comprehensive income (loss), net of tax, as of June 30, 2020 $ 90 $ 90 |
Note 2 - Basis of Presentatio_3
Note 2 - Basis of Presentation and Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total | $ 0 | $ 0 | $ 0 | $ 0 |
Lessee, Operating Lease, Term of Contract (Month) | 62 months | 62 months |
Note 2 - Basis of Presentatio_4
Note 2 - Basis of Presentation and Recent Accounting Pronouncements - Fair Value of Items Measured on a Recurring Basis (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Investments in debt securities (short-term) | $ 9,631 | $ 14,720 |
Investments in debt securities (long-term) | 7,632 | 12,768 |
Fair Value, Recurring [Member] | ||
Investments in debt securities (short-term) | 9,631 | 14,720 |
Investments in debt securities (long-term) | 7,632 | 12,768 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investments in debt securities (short-term) | 6,068 | 8,939 |
Investments in debt securities (long-term) | 1,000 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investments in debt securities (short-term) | 3,563 | 5,781 |
Investments in debt securities (long-term) | 6,632 | 12,768 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investments in debt securities (short-term) | 0 | 0 |
Investments in debt securities (long-term) | $ 0 | $ 0 |
Note 3 - Significant Transact_2
Note 3 - Significant Transactions (Details Textual) $ / shares in Units, $ in Thousands | Jan. 31, 2020 | Feb. 16, 2017USD ($)ft² | Mar. 10, 2016USD ($)$ / sharesshares | Jun. 30, 2021 | Jan. 23, 2020USD ($)ft² | Oct. 26, 2016USD ($)$ / sharesshares |
Area of Land (Square Foot) | ft² | 41,000 | |||||
Lessee, Operating Lease, Term of Contract (Month) | 62 months | |||||
Liquidmetal Golf [Member] | ||||||
Noncontrolling Interest, Ownership Percentage by Parent | 79.00% | |||||
Warrants in Connection with the 2016 Purchase Agreement [Member] | ||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 10,066,809 | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares | $ 0.07 | |||||
Warrants and Rights Outstanding, Term (Year) | 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 (in shares) | 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 (in shares) | 7,456,896 | |||||
The 2016 Purchase Agreement [Member] | ||||||
Common Stock Purchase Agreement, Number of Shares Authorized to Issue and Sell to Investors (in shares) | 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 (in shares) | 105,000,000 | |||||
Stock Issued During Period, Value, New Issues | $ | $ 8,400 | |||||
Sale of Stock, Price Per Share (in dollars per share) | $ / shares | $ 0.08 | |||||
Common Stock Purchase Agreement, Purchase Price per Share, After Satisfaction of Certain Conditions (in dollars per share) | $ / shares | $ 0.15 | |||||
Common Stock Purchase Agreement, the Other Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions (in dollars per share) | $ / 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 (in shares) | 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 (in shares) | 100,000,000 | |||||
Light Industrial and Office Building [Member] | ||||||
Area of Real Estate Property (Square Foot) | ft² | 32,534 | |||||
Lessee, Operating Lease, Term of Contract (Month) | 62 months | |||||
Lessor, Operating Lease Receivable, Per Month Initially | $ | $ 33 | |||||
Lessor, Operating Lease Receivable Per Month Maximum | $ | $ 54 | |||||
Percentage of Common Operating Expresses | 79.00% | |||||
Lessee, Operating Lease, Extend Term of Contract (Month) | 60 months | |||||
Valencia Circle, LLC [Member] | ||||||
Payments to Acquire Buildings | $ | $ 7,818 | |||||
Eutectix [Member] | ||||||
Business Development Agreement, Royalty Percentage | 6.00% | |||||
Business Development Agreement, Term (Year) | 5 years |
Note 4 - Investments in Debt _3
Note 4 - Investments in Debt Securities (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Interest and Other Income, Total | $ 41 | $ 109 | $ 102 | $ 236 |
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total | 0 | 0 | 0 | 0 |
Debt Securities [Member] | ||||
Interest and Other Income, Total | $ 41 | $ 58 | $ 102 | $ 126 |
Note 4 - Investments in Debt _4
Note 4 - Investments in Debt Securities - Amortized Cost and Fair Value of Investments in Debt Securities (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2021 | Dec. 31, 2020 | |
Investment in debt securities, amortized cost | $ 17,237 | $ 27,372 |
Investment in debt securities, fair value | 17,263 | 27,488 |
Investment in debt securities, unrealized gains (losses) | 26 | 116 |
Certificates of Deposit [Member] | ||
Investment in debt securities, amortized cost | 750 | 1,150 |
Investment in debt securities, fair value | 750 | 1,150 |
Investment in debt securities, unrealized gains (losses) | 0 | 0 |
US Treasury and Government [Member] | ||
Investment in debt securities, amortized cost | 4,550 | 0 |
Investment in debt securities, fair value | 4,549 | 0 |
Investment in debt securities, unrealized gains (losses) | (1) | 0 |
Corporate Debt Securities [Member] | ||
Investment in debt securities, amortized cost | 11,937 | 26,222 |
Investment in debt securities, fair value | 11,964 | 26,338 |
Investment in debt securities, unrealized gains (losses) | $ 27 | $ 116 |
Note 5 - Trade Accounts Recei_3
Note 5 - Trade Accounts Receivable (Details Textual) $ in Thousands | 3 Months Ended |
Jun. 30, 2021USD ($) | |
Accounts Receivable, Allowance for Credit Loss, Writeoff | $ 234 |
Note 5 - Trade Accounts Recei_4
Note 5 - Trade Accounts Receivable - Trade Accounts Receivable Table (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Trade accounts receivable | $ 184 | $ 505 |
Less: Allowance for doubtful accounts | 0 | (234) |
Trade accounts receivable | $ 184 | $ 271 |
Note 6 - Prepaid Expenses and_3
Note 6 - Prepaid Expenses and Other Current Assets (Details Textual) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Prepaid Expense and Other Assets, Current | $ 232 | $ 465 |
Prepaid Broker Commission | 19 | |
Allocated Unity Cost [Member] | ||
Receivables, Net, Current, Total | $ 4 |
Note 6 - Prepaid Expenses and_4
Note 6 - Prepaid Expenses and Other Current Assets - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Prepaid service invoices | $ 75 | $ 76 |
Prepaid insurance premiums | 58 | 233 |
Prepaid lease costs and receivables- short term | 23 | 21 |
Interest and other receivables | 76 | 135 |
Total | $ 232 | $ 465 |
Note 7 - Inventory (Details Tex
Note 7 - Inventory (Details Textual) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Inventory, Net, Total | $ 161 | $ 43 |
Note 7 - Inventory - Schedule o
Note 7 - Inventory - Schedule of Inventory (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Work in progress | $ 80 | $ 0 |
Finished goods | 81 | 43 |
Total | $ 161 | $ 43 |
Note 8 - Property and Equipme_3
Note 8 - Property and Equipment, Net (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Proceeds from Sale of Property, Plant, and Equipment, Total | $ 0 | $ 20 | ||
Equipment [Member] | ||||
Proceeds from Sale of Property, Plant, and Equipment, Total | $ 0 | $ 20 | 0 | 20 |
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | 15 | 35 | ||
Selling, General and Administrative Expenses [Member] | ||||
Depreciation, Total | $ 80 | $ 81 | $ 160 | $ 161 |
Note 8 - Property and Equipme_4
Note 8 - Property and Equipment, Net - Property and Equipment (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Property and equipment, gross | $ 11,237 | $ 11,237 |
Accumulated depreciation | (2,783) | (2,623) |
Total property and equipment, net | 8,454 | 8,614 |
Land, Buildings and Improvements [Member] | ||
Property and equipment, gross | 9,610 | 9,610 |
Machinery and Equipment [Member] | ||
Property and equipment, gross | 1,304 | 1,304 |
Computer Equipment [Member] | ||
Property and equipment, gross | 272 | 272 |
Office Equipment, Furnishings and Improvements [Member] | ||
Property and equipment, gross | $ 51 | $ 51 |
Note 9 - Equipment Held for S_2
Note 9 - Equipment Held for Sale (Details Textual) - Restructuring Plan 2019 [Member] $ in Thousands | 3 Months Ended |
Jun. 30, 2021USD ($) | |
Property, Plant and Equipment, Disposals | $ 585 |
Property, Plant and Equipment, Negotiated Sales Price | $ 600 |
Note 10 - Patents and Tradema_2
Note 10 - Patents and Trademarks, Net (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | |
Finite-Lived Intangible Assets, Net, Ending Balance | $ 124 | $ 124 | $ 158 | ||
Amortization of Intangible Assets, Total | $ 15 | $ 21 | $ 34 | $ 42 | |
Minimum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 10 years | ||||
Maximum [Member] | |||||
Finite-Lived Intangible Asset, Useful Life (Year) | 17 years |
Note 11 - Other Assets (Details
Note 11 - Other Assets (Details Textual) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Other Assets, Total | $ 280 | $ 251 |
Unamortized Prepaid Broker Commissions | 54 | |
Prepaid Rent Noncurrent | $ 212 |
Note 11 - Other Assets - Other
Note 11 - Other Assets - Other Assets (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Other Assets | $ 280 | $ 251 |
Utility Deposits [Member] | ||
Other Assets | 14 | 14 |
Prepaid Lease Costs and Long-term Receivables [Member] | ||
Other Assets | $ 266 | $ 237 |
Note 12 - Accrued Liabilities_2
Note 12 - Accrued Liabilities (Details Textual) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Accrued Liabilities, Current, Total | $ 298 | $ 315 |
Note 12 - Accrued Liabilities -
Note 12 - Accrued Liabilities - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020 |
Accrued payroll, vacation, and bonuses | $ 150 | $ 147 |
Accrued severance | 56 | 56 |
Accrued audit fees | 92 | 112 |
Total | $ 298 | $ 315 |
Note 13 - Other Long-term Lia_2
Note 13 - Other Long-term Liabilities (Details Textual) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2021 | Dec. 31, 2020 | |
Other Liabilities, Noncurrent, Total | $ 899 | $ 899 |
Loans Payable, Noncurrent, Total | $ 856 | |
Period for Outstanding Liability (Year) | 5 years | |
Tenant Deposits | $ 43 |
Note 14 - Stock Compensation _2
Note 14 - Stock Compensation Plans (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | Jan. 27, 2015 | |
Share-based Payment Arrangement, Expense | $ 100 | $ 81 | $ 207 | $ 173 | ||
Equity Incentive Plan 2012 [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares) | 30,000,000 | 30,000,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares) | 5,609,192 | 5,609,192 | 5,609,192 | |||
Equity Incentive Plan 2015 [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares) | 40,000,000 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares) | 12,341,667 | 12,341,667 | 12,341,667 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 0 | 0 |
Note 15 - Facility Lease - Base
Note 15 - Facility Lease - Base Rents (Details) $ in Thousands | Jun. 30, 2021USD ($) |
2021 | $ 238 |
2022 | 486 |
2023 | 651 |
2024 | 699 |
2025 | 237 |
Thereafter | 0 |
Lessor, Operating Lease, Payments to be Received, Total | $ 2,311 |
Note 16 - Consolidated Statem_3
Note 16 - Consolidated Statements of Changes in Equity - Changes in Equity (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Balance | $ 36,690 | $ 38,818 | $ 37,390 | $ 39,568 |
Stock-based compensation | 100 | 81 | 207 | 173 |
Net loss | (625) | (643) | (1,316) | (1,389) |
Other comprehensive income (loss) | 26 | 184 | (90) | 88 |
Balance | $ 36,191 | $ 38,440 | $ 36,191 | $ 38,440 |
Preferred Stock [Member] | ||||
Balance (in shares) | 0 | 0 | 0 | 0 |
Balance (in shares) | 0 | 0 | 0 | 0 |
Common Stock [Member] | ||||
Balance (in shares) | 914,449,957 | 914,449,957 | 914,449,957 | 914,449,957 |
Balance | $ 914 | $ 914 | $ 914 | $ 914 |
Other comprehensive income (loss) | ||||
Balance (in shares) | 914,449,957 | 914,449,957 | 914,449,957 | 914,449,957 |
Balance | $ 914 | $ 914 | $ 914 | $ 914 |
Additional Paid in Capital, Attributable to Warrants [Member] | ||||
Balance | 18,179 | 18,179 | 18,179 | 18,179 |
Other comprehensive income (loss) | ||||
Balance | 18,179 | 18,179 | 18,179 | 18,179 |
Additional Paid-in Capital [Member] | ||||
Balance | 287,290 | 286,924 | 287,183 | 286,832 |
Stock-based compensation | 100 | 81 | 207 | 173 |
Other comprehensive income (loss) | ||||
Balance | 287,390 | 287,005 | 287,390 | 287,005 |
Retained Earnings [Member] | ||||
Balance | (269,617) | (267,030) | (268,926) | (266,284) |
Net loss | (624) | (643) | (1,315) | (1,389) |
Other comprehensive income (loss) | ||||
Balance | (270,241) | (267,673) | (270,241) | (267,673) |
AOCI Attributable to Parent [Member] | ||||
Balance | 0 | (94) | 116 | 2 |
Other comprehensive income (loss) | 26 | 184 | (90) | 88 |
Balance | 26 | 90 | 26 | 90 |
Noncontrolling Interest [Member] | ||||
Balance | (76) | (75) | (76) | (75) |
Net loss | (1) | (1) | ||
Other comprehensive income (loss) | ||||
Balance | $ (77) | $ (75) | $ (77) | $ (75) |
Note 17 - Accumulated Other C_3
Note 17 - Accumulated Other Comprehensive Income (Loss) ("AOCI") - Summary of Changes in AOCI (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Balance | $ 36,690 | $ 38,818 | $ 37,390 | $ 39,568 |
Other comprehensive income, net of tax | 26 | 184 | (90) | 88 |
Balance | 36,191 | 38,440 | 36,191 | 38,440 |
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Including Noncontrolling Interest [Member] | ||||
Balance | 0 | (94) | 116 | 2 |
Other comprehensive income (loss) before reclassifications | 26 | 185 | (90) | 90 |
Amounts reclassified from accumulated other comprehensive income (loss) | (1) | (2) | ||
Other comprehensive income, net of tax | 26 | 184 | (90) | 88 |
Balance | 26 | 90 | 26 | 90 |
AOCI Attributable to Parent [Member] | ||||
Balance | 0 | (94) | 116 | 2 |
Other comprehensive income (loss) before reclassifications | 26 | 185 | (90) | 90 |
Amounts reclassified from accumulated other comprehensive income (loss) | 0 | (1) | 0 | (2) |
Other comprehensive income, net of tax | 26 | 184 | (90) | 88 |
Balance | $ 26 | $ 90 | $ 26 | $ 90 |
Note 18 - Loss Per Common Sha_2
Note 18 - Loss Per Common Share (Details Textual) - $ / shares | 6 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Share-based Payment Arrangement, Option [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 17,950,859 | 18,144,359 |
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 (in dollars per share) | $ 0.07 | |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | 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 (in dollars per share) | $ 0.38 | |
Warrant [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 10,066,809 | 10,066,809 |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 0.07 | |
Warrant [Member] | Minimum [Member] | ||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | 0.07 | |
Warrant [Member] | Maximum [Member] | ||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 0.38 |
Note 19 - Related Party Trans_2
Note 19 - Related Party Transactions (Details Textual) - USD ($) | Jul. 06, 2021 | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Mar. 10, 2016 |
Chairman of Eontec [Member] | Minimum [Member] | ||||||
Beneficial Ownership Percentage | 5.00% | 5.00% | ||||
Eontec [Member] | License Agreement [Member] | ||||||
Related Party Transaction, Amounts of Transaction | $ 152,000 | $ 45,000 | $ 273,000 | $ 68,000 | ||
Chief Executive Officer [Member] | Subsequent Event [Member] | ||||||
Base Annual Salary | $ 240,000 | |||||
Signing Bonus | $ 20,000 | |||||
Signing Bonus, Condition of Payment, Employment Duration (Day) | 90 days | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 7,500,000 | |||||
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) | $ 0.07 | |||||
Chief Executive Officer [Member] | Subsequent Event [Member] | Share-based Payment Arrangement, Tranche One [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 2,500,000 | |||||
Chief Executive Officer [Member] | Subsequent Event [Member] | Share-based Payment Arrangement, Tranche Two [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 5,000,000 | |||||
Chief Executive Officer [Member] | Subsequent Event [Member] | Share-based Payment Arrangement, Tranche Two, Vesting After First Anniversary of Employment [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 2,500,000 | |||||
Chief Executive Officer [Member] | Subsequent Event [Member] | Share-based Payment Arrangement, Tranche Two, Vesting After Second Anniversary of Employment [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 2,500,000 | |||||
Chief Executive Officer [Member] | Subsequent Event [Member] | Share-based Payment Arrangement, Option [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year) | 10 years | |||||
Chief Executive Officer [Member] | Subsequent Event [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche One [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Day) | 90 days | |||||
The 2016 Purchase Agreement [Member] | ||||||
Common Stock Purchase Agreement, Number of Shares Authorized to Issue and Sell to Investors (in shares) | 405,000,000 | |||||
Common Stock Purchase Agreement, Value of Shares Authorized to Issue and Sell to Investors | $ 63,400,000 |