Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2016	Aug. 05, 2016
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 Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		582,332,818
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Warrant [Member]
Current liabilities:
Included in current liabilities	$ 983,000
Long-term liabilities:
Included in long-term liabilities	2,284,000
Call Option [Member]
Current liabilities:
Included in current liabilities
Cash	8,054,000	2,773,000
Restricted cash	1,006,000	2,008,000
Trade accounts receivable, net of allowance for doubtful accounts	9,000	30,000
Inventory	138,000	83,000
Prepaid expenses and other current assets	142,000	408,000
Total current assets	9,349,000	5,302,000
Property and equipment, net	1,184,000	1,370,000
Patents and trademarks, net	543,000	570,000
Other assets	36,000	31,000
Total assets	11,112,000	7,273,000
Short-term debt	700,000	700,000
Accounts payable	146,000	250,000
Accrued liabilities	775,000	947,000
Deferred revenue		77,000
Total current liabilities	2,604,000	1,974,000
Long-term liabilities:
Included in long-term liabilities	2,284,000	59,000
Other long-term liabilities	856,000	856,000
Total liabilities	5,744,000	2,889,000
Shareholders' equity:
Preferred Stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively
Common stock, $0.001 par value; 1,100,000,000 shares authorized; 582,332,818 and 477,149,485 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively.	582,000	477,000
Warrants	18,179,000	18,179,000
Additional paid-in capital	214,616,000	203,735,000
Accumulated deficit	(227,943,000)	(217,945,000)
Non-controlling interest in subsidiary	(66,000)	(62,000)
Total shareholders' equity	5,368,000	4,384,000
Total liabilities and shareholders' equity	$ 11,112,000	$ 7,273,000

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
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)	582,332,818	477,149,485
Common stock, shares outstanding (in shares)	582,332,818	477,149,485

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue
Products	$ 10,000	$ 15,000	$ 175,000	$ 38,000
Licensing and royalties	24,000	24,000	27,000	27,000
Total revenue	34,000	39,000	202,000	65,000
Cost of sales	13,000	133,000	171,000	152,000
Gross profit	21,000	(94,000)	31,000	(87,000)
Operating expenses
Selling, marketing, general and administrative	1,765,000	1,891,000	3,782,000	3,743,000
Research and development	623,000	455,000	1,182,000	937,000
Total operating expenses	2,388,000	2,346,000	4,964,000	4,680,000
Operating loss	(2,367,000)	(2,440,000)	(4,933,000)	(4,767,000)
Change in value of warrant liabilities, gain (loss)	(879,000)	349,000	(2,448,000)	188,000
Change in value of option liabilities, gain (loss)	2,426,000		(2,613,000)
Interest expense	(4,000)	0	(8,000)
Interest income	0	6,000		14,000
Net loss and comprehensive loss	(824,000)	(2,085,000)	(10,002,000)	(4,565,000)
Net loss attributable to non-controlling interest	2,000	2,000	4,000	4,000
Net loss and comprehensive loss attributable to Liquidmetal Technologies shareholders	$ (822,000)	$ (2,083,000)	$ (9,998,000)	$ (4,561,000)
Net loss per common share attributable to Liquidmetal Technologies shareholders, basic and diluted (in dollars per share)	$ 0	$ 0	$ (0.02)	$ (0.01)
Number of weighted average shares - basic and diluted (in shares)	582,271,707	466,371,708	547,210,596	465,427,263

Consolidated Statement of Shareholders' Equity (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($)	Common Stock [Member]	Warrant [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2015	477,149,485
Balance at Dec. 31, 2015	$ 477,000	$ 18,179,000	$ 203,735,000	$ (217,945,000)	$ (62,000)	$ 4,384,000
Stock Issued During Period, Shares, New Issues	105,000,000
Stock Issued During Period, Value, New Issues	$ 105,000		7,024,000			7,129,000
Stock option exercises (in shares)	183,333
Stock option exercises			15,000			15,000
Stock-based compensation	0	0	718,000		0	718,000
Written call options			3,124,000			3,124,000
Net loss	$ 0	0	0	(9,998,000)	(4,000)	(10,002,000)
Balance (in shares) at Jun. 30, 2016	582,332,818
Balance at Jun. 30, 2016	$ 582,000	$ 18,179,000	$ 214,616,000	$ (227,943,000)	$ (66,000)	$ 5,368,000

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities:
Net loss	$ (10,002,000)	$ (4,565,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	291,000	241,000
Stock-based compensation	718,000	715,000
Restricted stock compensation issued to officer		156,000
Fair Value Adjustment of Warrants	2,448,000	(188,000)
Fair Value Adjustment of Options	2,613,000
Changes in operating assets and liabilities:
Trade accounts receivable	21,000	70,000
Inventory	(55,000)	(65,000)
Prepaid expenses and other current assets	266,000	171,000
Other assets	(5,000)	(106,000)
Accounts payable and accrued liabilities	(276,000)	166,000
Deferred revenue	(77,000)	4,000
Net cash used in operating activities	(4,058,000)	(3,401,000)
Investing Activities:
Purchases of property and equipment	(56,000)	(220,000)
Decrease (increase) in restricted cash	1,002,000	(2,005,000)
Investment in patents and trademarks	(22,000)
Net cash provided by (used in) investing activities	924,000	(2,225,000)
Financing Activities:
Proceeds from short-term debt		200,000
Proceeds from exercise of stock options	15,000	13,000
Proceeds from common stock issuance, net of issuance costs	8,400,000	688,000
Net cash provided by financing activities	8,415,000	901,000
Net increase (decrease) in cash	5,281,000	(4,725,000)
Cash at beginning of period	2,773,000	10,009,000
Cash at end of period	$ 8,054,000	$ 5,284,000

Note 1 - Description of Business	6 Months Ended
Note 1 - Description of Business	Jun. 30, 2016
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 and manufacturing 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 utilizes the advantages offered by amorphous alloys technology. The Company designs, develops, manufactures and sells custom products and components from bulk amorphous alloys to customers in a wide range of industries. The Company also partners with third-party manufacturers and licensees to develop and commercialize Liquidmetal alloy products. 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’s alloys and the injection molding technology it employs results in components that exhibit: exceptional dimensional control and repeatability that rivals precision machining, excellent corrosion resistance, brilliant surface finish, high strength, high hardness, high elastic limit, alloys that are non-magnetic, and the ability to form complex shapes common to the injection molding of plastics. Interestingly, all of these characteristics are achievable from the molding process, so design engineers do not have to select specific alloys to achieve one or more of the characteristics as is the case with crystalline materials. The Company believes these advantages could result in Liquidmetal alloys supplanting high-performance alloys, such as titanium and stainless steel, and other incumbent materials in a wide variety of applications. Moreover, the Company believes these advantages could enable the introduction of entirely new products and applications that are not possible or commercially viable with other materials. The Company’s revenues are derived from i) selling bulk amorphous alloy custom products and components for applications, which include, but are not limited to, non-consumer electronic devices, medical products, automotive components, and sports and leisure goods, 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 and Recent Accounting Pronouncements

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Basis of Presentation and Significant Accounting Policies [Text Block]

Basis of Presentation and Recent Accounting Pronouncements

The accompanying unaudited interim consolidated financial statements as of and for the three and six months ended June 30, 2016 and June 30, 2015 have been prepared in accordance with accounting principles generally accepted in the United States of America (“generally accepted accounting principles”) for interim financial information and in accordance with the instructions to Form 10-Q. Accordingly, they do not include all of the information and notes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. All intercompany balances and transactions have been eliminated in consolidation. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for any future periods or the year ending December 31, 2016. The accompanying unaudited consolidated financial statements should be read in conjunction with the Company's 2015 Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 7, 2016.

Revenue Recognition

The Company’s revenue recognition policy complies with the requirements of ASC 605. Revenue is recognized when i) persuasive evidence of an arrangement exists, ii) delivery has occurred, iii) the sales price is fixed or determinable, iv) collection is probable and v) all obligations have been substantially performed pursuant to the terms of the arrangement. Revenues primarily consist of bulk amorphous alloy custom products and components, the tooling associated with production and prototyping projects, and licensing and royalty fees for the use of the Liquidmetal brand and certified Liquidmetal bulk amorphous alloys. Revenue is deferred and included in liabilities when the Company receives cash in advance for goods not yet delivered or if the licensing term has not begun.

License revenue arrangements in general provide for the grant of certain intellectual property rights for patented technologies owned or controlled by the Company. These rights typically include the grant of an exclusive or non-exclusive right to manufacture and/or sell products covered by patented technologies owned or controlled by the Company. The intellectual property rights granted may be perpetual in nature, extending until the expiration of the related patents, or can be granted for a defined period of time.

Licensing revenues that are one time fees upon the granting of the license are recognized when i) the license term begins in a manner consistent with the nature of the transaction and the earnings process is complete, ii) when collectability is reasonably assured or upon receipt of an upfront fee, and iii) when all other revenue recognition criteria have been met. Pursuant to the terms of these agreements, the Company has no further obligation with respect to the grant of the license. Licensing revenues that are related to royalties are recognized as the royalties are earned over the related period.

LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
For the Six

Months Ended

June 30, 2016 and 2015

(numbers in thousands, except share

and per share

data)

(unaudited)

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, restricted cash, and short-term debt approximate their carrying value due to their short maturities.

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 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and

Level 3 —

Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

The Company has several financial instruments, namely warrant liabilities that are recorded at fair value on a periodic basis using Level 2 measurement inputs. These instruments are evaluated under the hierarchy of FASB ASC Subtopic 480-10, FASB ASC Paragraph 815-25-1 and FASB ASC Subparagraph 815-10-15-74 addressing the accounting for certain financial instruments with characteristics of both liabilities and equity and derivative accounting. The fair value of such instruments is estimated using the Black-Scholes option pricing model. Due to the presence of certain anti-dilution and exercise price reset provisions such instruments are required to be classified as liabilities (see Note 11).

As of June 30, 2016, the following table represents the Company’s fair value hierarchy for items that are required to be measured at fair value on a recurring basis:

	Fair Value		Level 1		Level 2		Level 3

Warrant liabilities (current)		983		-		983		-
Warrant liabilities (long-term)		2,284		-		2,284		-

As of December 31, 2015, the following table represents the Company’s fair value hierarchy for items that are required to be measured at fair value on a recurring basis:

	Fair Value		Level 1		Level 2		Level 3

Warrant liabilities (long-term)		59		-		59		-

Recent Accounting Pronouncements

Leases

In February 2016, the FASB issued an accounting standards update which modifies the accounting for leasing arrangements, particularly those arrangements classified as operating leases. This update will require entities to recognize the assets and liabilities arising from operating leases on the balance sheet. This guidance is effective for fiscal and interim periods beginning after December 15, 2018 and is required to be applied retrospectively to all leasing arrangements. The Company is currently assessing the effects this guidance may have on its consolidated financial statements.

Stock-Based Compensation

In March 2016, the FASB issued an accounting standards update which simplifies the accounting for share-based payment transactions, inclusive of income tax accounting and disclosure considerations. This guidance is effective for fiscal and interim periods beginning after December 15, 2016 and is required to be applied retrospectively to all impacted share-based payment arrangements. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements.

LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
For the Six

Months Ended

June 30, 2016 and 2015

(numbers in thousands, except share

and per share

data)

(unaudited)

Revenue from Contracts with Customers

In May 2014, the FASB issued an accounting standards update which modifies the requirements for identifying, allocating, and recognizing revenue related to the achievement of performance conditions under contracts with customers. This update also requires additional disclosure related to the nature, amount, timing, and uncertainty of revenue that is recognized under contracts with customers. This guidance is effective for fiscal and interim periods beginning after December 15, 2017 and is required to be applied retrospectively to all revenue arrangements. The Company is currently assessing the effects this guidance may have on its consolidated financial statements.

Ability to Continue as a Going Concern

In August 2014, the FASB issued an accounting standards update which requires an assessment of an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles that are currently addressed by U.S. auditing standards. This standard is effective for the fiscal years ending after December 15, 2016, and for annual periods and interim periods thereafter. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements.

Inventory

In July 2015, the FASB issued an accounting standards update which modifies the requirements for measuring the value of inventory on a periodic basis. The new requirement will be to measure inventory at the lower of cost or net realizable value. This standard is effective for the fiscal years ending after December 15, 2016, and for annual periods and interim periods thereafter. The adoption of this guidance is not expected to have a significant impact on the Company’s consolidated financial statements.

Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the AICPA and the SEC did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements.

Note 3 - Significant Transactions	6 Months Ended
Note 3 - Significant Transactions	Jun. 30, 2016
Notes to Financial Statements
Significant Transactions [Text Block]	3 . Significant Transactions 2016 Purchase Agreement On March 10, 2016, the Company entered into a Securities Purchase Agreement (the “2016 Purchase Agreement”) with Liquidmetal Technology Limited, a Hong Kong company (the “Investor”), providing for the purchase by the Investor of up to 405,000,000 shares of the Company’s common stock for an aggregate purchase price of $63,400. The 2016 Purchase Agreement provides that the Investor is obligated to purchase up to 405,000,000 shares of the Company’s common stock in multiple closings, with the Investor having purchased 105,000,000 shares at an aggregate purchase price of $8,400 (or $0.08 per share) at the initial closing on March 10, 2016. The 2016 Purchase Agreement provides that the Investor will purchase the remaining 200,000,000 shares at $0.15 per share and 100,000,000 shares at $0.25 per share for an aggregate purchase price of $55,000 no later than 90 days after the satisfaction of certain conditions, including Company shareholder approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation increasing the Company’s authorized number of shares of common stock from 700,000,000 to 1,100,000,000 (the “Charter Amendment”). In addition to the shares issuable under the 2016 Purchase Agreement, the Company also issued to the Investor a warrant to acquire 10,066,809 shares of common stock of the Company at an exercise price of $0.07 per share. The warrant vests in increments on each closing date under the 2016 Purchase Agreement for a number of warrant shares that is proportionate to the amount of shares purchased under the 2016 Purchase Agreement on such closing date (with 2,609,913 warrant shares having initially vested on March 10, 2016). The warrant will expire on the 10th anniversary of its issuance date; provided however, that should the subsequent closings under the 2016 Purchase Agreement not occur prior to the 90th day after the filing of the Charter Amendment, the warrant will automatically terminate and the Investor shall have no further right to exercise the remaining unvested 7,456,896 warrant shares under the warrant. The 2016 Purchase Agreement also provides that the Investor will have the right to designate one (1) individual to serve on the Company’s Board of Directors. Once the Investor purchases the remaining 300,000,000 shares of common stock under the 2016 Purchase Agreement, the Investor will thereafter have the right to designate an additional two individuals to serve on the Company’s Board of Directors (such that the Investor would have designation rights with respect to three of the seven members of the Company’s Board of Directors, with one such member serving as Chairman). The 2016 Purchase Agreement also provides that, with certain limited exceptions, if the Company issues any shares of common stock at any time through the 5th anniversary of the Purchase Agreement, the Investor will have a preemptive right to subscribe for and to purchase at the same price per share (or at market price, in the case of issuance of shares pursuant to stock options) the number of shares necessary to maintain its ownership percentage of Company-issued shares of common stock. LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS For the Six Months Ended June 30, 2016 and 2015 (numbers in thousands, except share and per share data) (unaudited) On May 19, 2016, the Company’s shareholders approved the Charter Amendment, thereby obligating the Investor to purchase the remaining 300,000,000 shares of the Company’s common stock for the aggregate purchase price of $55,000. If the Investor fails to purchase the remaining 300,000,000 shares of common stock by August 17, 2016 (the 90th day subsequent to the filing of the Charter Amendment), the Investor will forfeit certain rights, including the right to designate additional directors to the Company’s Board of Directors and the right to exercise the above described preemptive right. In such event, the Company will also have the right to repurchase all of the 105,000,000 shares held by the Investor at a per-share price of $0.08 within 15 months following the approval and filing of the Charter Amendment. Eontec License Agreement In connection with the 2016 Purchase Agreement and also on March 10, 2016, the Company and DongGuan Eontec Co., Ltd., a Hong Kong corporation (“Eontec”), entered into a Parallel License Agreement (the “License Agreement”) pursuant to which the Company and Eontec entered into a cross-license of their respective technologies. The License Agreement provides for the cross-license of certain patents, technical information, and trademarks between the Company and Eontec. In particular, under the License Agreement, the Company granted to Eontec a paid-up, royalty-free, perpetual license (or sublicense, as the case may be) 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, and Eontec granted to the Company a paid-up, royalty-free, perpetual license (or sublicense, as the case may be) 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 to the Company) in the countries of Brunei, Cambodia, China (P.R.C and R.O.C.), East Timor, Indonesia, Japan, Laos, Malaysia, Myanmar, North Korea, 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. 2014 Purchase Agreement On August 20, 2014, the Company entered into a common stock purchase agreement (“2014 Purchase Agreement”) with Aspire Capital Fund LLC (“Aspire Capital”), which provided that, upon the terms and subject to the conditions and limitations set forth therein, Aspire Capital would be committed to purchase up to an aggregate of $30,000 worth of the Company’s common stock, $0.001 par value, over the 36 -month term of the 2014 Purchase Agreement. As of June 30, 2016, the Company had received an aggregate of $1,568 under the 2014 Purchase Agreement through the issuance of 12,500,000 shares of its common stock at a weighted average price of $0.13 per share. On March 9, 2016, the Company terminated the 2014 Purchase Agreement. Line of Credit Facility In February 2015, the Company entered into a $2,000 line of credit facility, with a fixed interest rate of 2.1%, which originally matured on February 13, 2016. The facility has been extended through August 25, 2016, with reductions in available borrowings and associated collateral requirements to $1,000. Amounts available under this facility are secured by cash collateral. Such collateral is included as restricted cash on the Company’s consolidated balance sheet. As of June 30, 2016, there was $700 in outstanding borrowings under this facility. Interest expense applicable to these borrowings was $4 and $8 for the three and six months ended June 30, 2016, respectively, and $0 for the corresponding three and six month periods ended June 30, 2015. Apple License Transaction On August 5, 2010, the Company entered into a license transaction with Apple Inc. (“Apple”) pursuant to which (i) the Company contributed substantially all of its intellectual property assets to a newly organized special-purpose, wholly-owned subsidiary, called Crucible Intellectual Property, LLC (“CIP”), (ii) CIP granted to Apple a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual 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. Additionally, in connection with the license transaction, Apple required the Company to complete a statement of work related to the exchange of Liquidmetal intellectual property information. The Company recognized a portion of the one-time license fee upon receipt of the initial payment and completion of the foregoing requirements under the license transaction. The remaining portion of the one-time license fee was recognized at the completion of the required statement of work. Under the agreements relating to the license transaction with Apple, the Company was obligated to contribute, to CIP, all intellectual property that it developed through February 2012. Subsequently, this obligation was extended to apply to all intellectual property developed through February 2016. The Company is also obligated to maintain certain limited liability company formalities with respect to CIP at all times after the closing of the license transaction. LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS For the Six Months Ended June 30, 2016 and 2015 (numbers in thousands, except share and per share data) (unaudited) Visser Precision Cast, LLC License Agreement On June 1, 2012, the Company entered into a Master Transaction Agreement (the “Visser MTA”) with Visser Precision Cast, LLC (“Visser”) relating to a strategic transaction for manufacturing services and financing. On May 20, 2014, the Company and Visser entered into a settlement agreement significantly amending the Visser MTA, whereby the Company granted to Visser a fully paid-up, royalty-free, irrevocable, perpetual, worldwide, non-transferable, nonexclusive sublicense to all of the Company’s intellectual property developed on or prior to May 20, 2014 (the “Effective Date”). Visser does not have any rights, now or in the future, to intellectual property of the Company developed after the Effective Date. The license to the Company’s intellectual property developed on or prior to the Effective Date does not include the right to use the “Liquidmetal” trademark or any of the Company’s other trademarks, except in certain defined situations, as set forth in the amended and restated agreement. With the foregoing revised arrangements, the Company is no longer required to use Visser as its exclusive manufacturer and is free to license other manufacturers on a non-exclusive basis in any industry or geographic market as to which the Company has not previously granted an exclusive license to a third party. Additionally, the settlement amended and restated the two warrants the Company issued to Visser in June 2012 to purchase 15,000,000 shares of the Company’s common stock at an exercise price of $0.22 per share. The amended and restated warrant agreement includes the effect of anti-dilution adjustments and is exercisable for 18,611,079 shares of common stock (increased further to 21,126,522 shares under the anti-dilution provisions of the warrants, see Note 11) at an exercise price of $0.17 per share (further reduced to $0.16 per share under the anti-dilution provisions of the warrants, see Note 11). Other License Transactions On January 31, 2012, the Company entered into a Supply and License Agreement for a five year term with Engel Austria Gmbh (“Engel”) whereby Engel was granted a non-exclusive license to manufacture and sell injection molding machines to the Company’s licensees. Since that time, the Company and Engel have agreed on an injection molding machine configuration that can be commercially supplied and supported by Engel. On December 6, 2013, the companies entered into an Exclusivity Agreement for a 10 year term whereby the Company agreed, with certain exceptions and limitations, that the Company and its licensees would purchase amorphous alloy injection molding machines exclusively from Engel, and this exclusivity right was granted in exchange for certain royalties to be paid by Engel to the Company based on a percentage of the net sales price of such injection molding machines. The Company’s 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 components and other products used in the sport of golf. The Company owns 79% of the outstanding common stock of Liquidmetal Golf. In June 2003, the Company entered into an exclusive license agreement with LLPG, Inc. (“LLPG”). Under the terms of the agreement, LLPG has the exclusive right to commercialize Liquidmetal alloys, particularly precious-metal based compositions, in jewelry and high-end luxury product markets. The Company, in turn, will receive royalty payments over the life of the contract on all Liquidmetal products produced and sold by LLPG. The exclusive license agreement with LLPG expires on December 31, 2021. In March 2009, the Company entered into a license agreement with Swatch Group, Ltd. (“Swatch”) under which Swatch was granted a non-exclusive license to the Company’s technology to produce and market watches and certain other luxury products. In March 2011, this license agreement was amended to grant Swatch exclusive rights as to watches and all third parties (including the Company), but non-exclusive as to Apple, and the Company’s license agreement with LLPG was simultaneously amended to exclude watches from LLPG’s rights. The Company will receive royalty payments over the life of the contract on all Liquidmetal products produced and sold by Swatch. The license agreement with Swatch will expire on the expiration date of the last licensed patent.

Note 4 - Liquidity and Capital Resources	6 Months Ended
Note 4 - Liquidity and Capital Resources	Jun. 30, 2016
Notes to Financial Statements
Liquidity and Capital Resources [Text Block]	4 . Liquidity and Capital Resources For the six months ended June 30, 2016, the Company’s cash used in operations was $4,058, cash flows from investing activities were $924, primarily due to reductions in restricted cash as a result of collateral requirement reductions, and cash provided by financing activities was $8,415 due to cash received from equity sales under the 2016 Purchase Agreement and the exercise of stock options. As of June 30, 2016, the Company’s cash and restricted cash balance was $9,060, which consisted of $8,054 of cash and $1,006 of short-term restricted cash. On March 10, 2016, the Company entered into the 2016 Purchase Agreement with Liquidmetal Technology Limited providing for the purchase by the Investor of up to 405,000,000 shares of the Company’s common stock for an aggregate purchase price of $63,400. LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS For the Six Months Ended June 30, 2016 and 2015 (numbers in thousands, except share and per share data) (unaudited) The 2016 Purchase Agreement provides that the Investor is obligated to purchase up to 405,000,000 shares of the Company’s common stock in multiple closings, with the Investor having purchased 105,000,000 shares at an aggregate purchase price of $8,400 (or $0.08 per share) at the initial closing on March 10, 2016. The 2016 Purchase Agreement provides that the Investor will purchase the remaining 200,000,000 shares at $0.15 per share and 100,000,000 shares at $0.25 per share for an aggregate purchase price of $55,000 no later than ninety days after the satisfaction of certain conditions, including Company shareholder approval of the Charter Amendment. On May 19, 2016, the Company’s shareholders approved the Charter Amendment, thereby obligating the Investor to purchase the remaining 300,000,000 shares of the Company’s common stock by August 17, 2016 for the aggregate purchase price of $55,000 (see Note 3). The Company anticipates that its current capital resources, when considering expected losses from operations and excluding the potential additional $55,000 investment by the Investor, will be sufficient to fund the Company’s operations through the middle of 2017. The Company has a relatively limited history of producing bulk amorphous alloy products and components on a mass-production scale. Furthermore, the ability of future contract manufacturers to produce the Company’s products in desired quantities and at commercially reasonable prices is uncertain and is dependent on a variety of factors that are outside of the Company’s control, including the nature and design of the component, the customer’s specifications, and required delivery timelines. These factors will likely require that the Company make further equity sales under the 2016 Purchase Agreement, raise additional funds by other means, or pursue other strategic initiatives to support its operations beyond the middle of 2017. There is no assurance that the Company will be able to make further equity sales under the 2016 Purchase Agreement or raise additional funds by other means on acceptable terms, if at all. If the Company were to make further equity sales under the 2016 Purchase Agreement or to raise additional funds through other means by issuing securities, existing shareholders will be diluted. If funding is insufficient at any time in the future, the Company may be required to alter or reduce the scope of its operations or to cease operations entirely. Uncertainty as to the outcome of these factors raises substantial doubt about the Company’s ability to continue as a going concern.

Note 7 - Patents and Trademarks, Net	6 Months Ended
Note 7 - Patents and Trademarks, Net	Jun. 30, 2016
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	7 . Patents and T rademarks, net Net patents and trademarks totaled $543 and $570 as of June 30, 2016 and December 31, 2015, respectively, and primarily consisted of purchased patent rights and internally developed patents. 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 further royalties, license fees or other amounts will be payable in the future under the license agreement. 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 $24 and $49 for the three and six month periods ended June 30, 2016, respectively. This compares to $25 and $50 for the three and six month periods ended June 30, 2015, respectively.

Note 10 - Short-term Debt	6 Months Ended
Note 10 - Short-term Debt	Jun. 30, 2016
Notes to Financial Statements
Short-term Debt [Text Block]	10 . Short-Term Debt Short-term debt totaled $700 and $700 as of June 30, 2016 and December 31, 2015, respectively, and consisted of borrowings under a line of credit facility, with a fixed interest rate of 2.1%. Interest expense related to outstanding borrowings was $4 and $8 for the three and six months ended June 30, 2016, respectively. This compares to $0 for the corresponding three and six month periods ended June 30, 2015. This credit facility requires the Company to maintain collateral for the full amount of the facility. A failure to meet this requirement could trigger a prepayment of all outstanding borrowings. Given the proximity to maturity, the carrying amount of short-term debt approximates fair value.

Note 11 - Warrant Liabilities

6 Months Ended

Jun. 30, 2016

Warrant [Member]

Notes to Financial Statements

Derivatives and Fair Value [Text Block]

. Warrant

Liabilities

Pursuant to FASB ASC 815, the Company is required to report the value of certain warrants as a liability at fair value and record the changes in the fair value of the warrant liabilities as a gain or loss in its consolidated statement of operations and comprehensive loss due to the price-based anti-dilution rights of the warrants.

During June 2012, the Company issued warrants to purchase a total of 15,000,000 shares of common stock to Visser under the Visser MTA Agreement (see Note 3). These warrants had an original exercise price of $0.22 per share, expire on June 1, 2017 and were originally valued at $4,260. These warrants have certain anti-dilution and exercise price reset provisions which qualify the warrants to be classified as a liability under FASB ASC 815. As a result of subsequent issuances of the Company’s common stock, which resulted in anti-dilutive price resets, the exercise price of these warrants was reduced to $0.16 and $0.17 as of June 30, 2016 and December 31, 2015, respectively. In addition, the number of shares to be issued under the warrants as a result of the anti-dilution provision increased to 21,126,522 and 18,937,931 as of June 30, 2016 and December 31, 2015, respectively. As of June 30, 2016, these warrants were valued at $983 under the Black-Scholes valuation model utilizing the following assumptions: (i) expected life of 0.92 years, (ii) volatility of 75%, (iii) risk-free interest rate of 0.5%, and (iv) dividend rate of 0. The change in fair value for these warrants was a loss of $347 and $949 for the three and six months ended June 30, 2016, respectively.

On July 2, 2012, the Company issued warrants to purchase a total of 18,750,000 shares of common stock in a private placement (the “July 2012 Private Placement”). These warrants have an exercise price of $0.384 per share, expire on July 2, 2017, and were originally valued at $5,053. These warrants have certain anti-dilution and exercise price reset provisions which qualify the warrants to be classified as a liability under FASB ASC 815. As a result of executed draw-downs under the 2013 and 2014 Purchase Agreements, contractually defined price resets, and issuances under the 2016 Purchase Agreement, which resulted in an anti-dilution impact, the exercise price of these warrants was reduced to $0.17 and $0.19 as of June 30, 2016 and December 31, 2015, respectively. As of June 30, 2016 there were warrants to purchase a total of 17,572,000 shares of common stock outstanding, which were valued at $736 under the Black-Scholes valuation model utilizing the following assumptions: (i) expected life of 1.0 years, (ii) volatility of 72%, (iii) risk-free interest rate of 0.5%, and (iv) dividend rate of 0. The change in fair value for these warrants was a loss of $237 and $711 for the three and six months ended June 30, 2016, respectively.

On March 10, 2016, the Company issued warrants to purchase a total of 10,066,809 shares of common stock as part of the 2016 Purchase Agreement. These warrants have an exercise price of $0.07 per share, expire on March 10, 2026, and were originally valued at $760. These warrants have certain anti-dilution and exercise price reset provisions which qualify the warrants to be classified as a liability under FASB ASC 815. As of June 30, 2016, these warrants were valued at $1,548 under the Black-Scholes valuation model utilizing the following assumptions: (i) expected life of 9.69 years, (ii) volatility of 119%, (iii) risk-free interest rate of 1.49%, and (iv) dividend rate of 0. The change in fair value for these warrants was a loss of $295 and $788 for the three and six months ended June 30, 2016, respectively.

LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
For the Six

Months Ended

June 30, 2016 and 2015

(numbers in thousands, except share

and per share

data)

(unaudited)

The following table summarizes the change in the Company’s warrant liabilities as of June 30, 2016:

	Visser MTA Agreement		July 2, 2012 Private Placement		2016 Purchase Agreement		Total

Beginning Balance - December 31, 2015	$	34	$	25	$	-		59
Original valuation- new issuances		-		-		760		760
Change in value of warrant liabilities, loss		949		711		788		2,448
Ending Balance - June 30, 2016	$	983	$	736	$	1,548	$	3,267

Included in current liabilities	$	983	$	-	$	-	$	983
Included in long-term liabilities	$	-	$	736	$	1,548	$	2,284

The Company had warrants to purchase 48,765,331 and 36,509,931 shares of common stock outstanding as of June 30, 2016 and December 31, 2015, respectively, which were valued and classified as liabilities under FASB ASC 815.

Note 12 - Option Liabilities

6 Months Ended

Jun. 30, 2016

Call Option [Member]

Notes to Financial Statements

Derivatives and Fair Value [Text Block]

Option Liabilities

As part of the 2016 Purchase Agreement, executed on March 10, 2016, the Company granted the Investor the right to purchase shares of the Company’s common stock in the future at predetermined prices. These options allow the investor to purchase 200,000,000 shares of the Company’s common stock at a price of $0.15 per share and 100,000,000 shares of the Company’s common stock at a price of $0.25 per share. Given that the number of shares to be issued upon exercise of these options was in excess of the number of shares authorized for issuance, these options were originally required to be classified as liabilities under FASB ASC 815. The 200 million share option and the 100 million share option were initially valued at $489 and $22, respectively. Following the filing of the Charter Amendment, which allowed for adequate authorized shares, these options were revalued as of May 19, 2016 and reclassified to permanent shareholders’ equity. As of May 19, 2016, these written call options were valued at $2,931 and $193, respectively, under the Black-Scholes valuation model utilizing the following assumptions: (i) expected life of 0.25 years, (ii) volatility of 85%, (iii) risk-free interest rate of 0.31%, and (iv) dividend rate of 0. The change in fair value for these options was a gain of $1,876 and $549, respectively, for the three months ended June 30, 2016. The change in fair value for these options was a loss of $2,442 and $171, respectively, for the six months ended June 30, 2016.

The following table summarizes the change in the Company’s option liabilities as of June 30, 2016:

	200M Share Call Option			100M Share Call Option			Total

Beginning Balance - December 31, 2015	$	-		$	-			-
Original valuation		489			22			511
Change in value of option liabilities, loss		2,442			171			2,613
Reclassification to shareholders' equity		(2,931	)		(193	)		(3,124	)
Ending Balance - June 30, 2016		-			-			-

Note 14 - Stock Compensation Plans	6 Months Ended
Note 14 - Stock Compensation Plans	Jun. 30, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	1 4 . Stock Compensation Plan s Under the Company’s 2002 Equity Incentive Plan (the “2002 Plan”), which provided for the grant of stock options to officers, employees, consultants and directors of the Company and its subsidiaries, the Company granted options to purchase the Company’s common stock. A total of 10,000,000 shares of the Company’s common stock were available for issuance under the 2002 Plan. The 2002 Plan expired by its terms in April 2012, but remains in effect only with respect to the equity awards that had been granted prior to its expiration. The Company had outstanding grants of options to purchase 507,500 and 822,000 shares of the Company’s common stock as of June 30, 2016 and December 31, 2015, respectively. On June 28, 2012, the Company adopted its 2012 Equity Incentive Plan, with the approval of the Company’s shareholders, which provided for the grant of stock options to officers, employees, consultants and directors of the Company and its subsidiaries. All options granted under this plan had exercise prices that were equal to the fair market value on the dates of grant. During the six months ended June 30, 2016, the Company granted options to purchase 2,000,000 shares of common stock. Under this plan, the Company had outstanding grants of options to purchase 26,001,986 and 25,988,734 shares of the Company’s common stock as of June 30, 2016 and December 31, 2015, respectively. On January 27, 2015, the Company adopted its 2015 Equity Incentive Plan, which provided for the grant of stock options to officers, employees, consultants and directors of the Company and its subsidiaries. A total of 40,000,000 shares of the Company’s common stock are available for issuance under this plan. All options granted under this plan had exercise prices that were equal to the fair market value on the dates of grant. During the six months ended June 30, 2016, the Company granted options to purchase 14,400,000 shares of common stock. Under this plan, the Company had outstanding grants of options to purchase 27,500,000 and 15,100,000 shares of the Company’s common stock as of June 30, 2016 and December 31, 2015, respectively. Stock based compensation expense attributable to these plans was $365 and $718 for the three and six months ended June 30, 2016, respectively. This compares to $378 and $715 for the three and six months ended June 30, 2015, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Note 15 - Shareholders' Equity	6 Months Ended
Note 15 - Shareholders' Equity	Jun. 30, 2016
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	1 5 . Shareholders ’ Equity Common stock In June 2012, the Company issued 30,000,000 shares of common stock to Visser in connection with the Visser MTA Agreement (see Note 3). Pursuant to the terms of the Company’s Senior Convertible Notes due September 1, 2013, which were issued in the July 2012 Private Placement, the Company opted to pay the twelve monthly installment payments prior to the September 1, 2013 maturity date with shares of the Company’s common stock. Upon final settlement, the Company had issued 163,641,547 shares of common stock at a weighted average conversion price of $0.0774, for the twelve installment payments due under the notes, consisting of $12,000 of principal and $680 of interest. During the year ended December 31, 2013, the holders of the Company’s Series A Preferred Stock converted all of the outstanding 506,936 shares of Series A Preferred Stock into 16,896,070 shares of the Company’s common stock. After giving effect to such conversion, the Company has no shares of preferred stock outstanding. On February 28, 2013, the Company’s shareholders approved an amendment to the Certificate of Incorporation of the Company increasing the number of authorized shares of common stock from 400 million shares to 500 million shares. On October 24, 2013, the Company’s shareholders approved an amendment to the Company’s Certificate of Incorporation increasing the number of authorized shares of common stock from 500 million shares to 700 million shares. In connection with the execution of the 2013 Purchase Agreement, the Company issued to each of the 2013 Investors a pro rata portion of 2,666,667 shares of the Company’s common stock. As of December 31, 2014, the Company had received an aggregate of $16,000 under the 2013 Purchase Agreement through the issuance of 85,355,615 shares of its common stock at a weighted average price of $0.19 per share. On August 22, 2014, the Company voluntarily terminated the 2013 Purchase Agreement, effective August 25, 2014. On September 9, 2014, an initial registration statement covering 75,000,000 shares issued and issuable pursuant to the 2014 Purchase Agreement was declared effective by the SEC. As of September 30, 2015, the Company had received an aggregate of $1,568 under the 2014 Purchase Agreement through the issuance of 12,500,000 shares of its common stock at a weighted average price of $0.13 per share. On March 8, 2016, the Company voluntarily terminated the 2014 Purchase Agreement, effective March 9, 2016 (see Note 3). In connection with the execution of the 2016 Purchase Agreement, the Company issued 105,000,000 shares of the Company’s common stock, at a price of $0.08 per share, for gross proceeds of $8,400. On May 19, 2016, the Company’s shareholders approved the Charter Amendment increasing the number of authorized shares of common stock from 700 million shares to 1,100 million shares. LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS For the Six Months Ended June 30, 2016 and 2015 (numbers in thousands, except share and per share data) (unaudited) Warrants In connection with the Series A Preferred Stock issuances in 2009, warrants to purchase 29,779,557 shares of the Company’s common stock, valued at $18,179, were outstanding through July 15, 2015. Due to extension of the expiration date of these warrants during 2010, they no longer contained anti-dilution provisions and were reflected as equity as they did not meet the criteria under FASB ASC 815 for liability treatment. Such warrants had exercise prices ranging between $0.48 and $0.49 and expired on July 15, 2015. Non-Controlling Interest The Company’s Liquidmetal Golf subsidiary has the exclusive right and license to utilize the Company’s Liquidmetal alloy technology for purposes of golf equipment applications. The Company owns 79% of the outstanding common stock of Liquidmetal Golf. As of June 30, 2016, non-controlling interest was a deficit of $66. The December 31, 2015 non-controlling interest was a deficit of $62.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Note 16 - Loss Per Common Share	6 Months Ended
Note 16 - Loss Per Common Share	Jun. 30, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	1 6 . 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 periods. Diluted EPS reflects the potential dilution of securities that could share in the earnings. Options to purchase 54,009,486 shares of common stock , at prices ranging from $0.07 to $0.77 per share , were outstanding at June 30, 2016, but were not included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Warrants to purchase 48,765,331 shares of common stock , with prices ranging from $ 0.07 to $0.17 per share , outstanding at June 30, 2016 were not included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Written call options to purchase 300,000,000 shares of common stock , with prices ranging from $ 0.15 to $0.25 per share , outstanding at June 30, 2016 were not included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss . Options to purchase 44,368,734 shares of common stock , at prices ranging from $0.08 to $1.44 per share , were outstanding at June 30, 2015, but were not included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Warrants to purchase 66,212,002 shares of common stock , with prices ranging from $0.18 to $0.49 per share , outstanding at June 30, 2015 were not included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss .

Note 17 - Commitments and Contingencies	6 Months Ended
Note 17 - Commitments and Contingencies	Jun. 30, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 7 . Commitments and Contingencies Operating Lease Commitments The Company leases its offices and warehouse facilities under various lease agreements, certain of which are subject to escalations based upon increases in specified operating expenses or increases in the Consumer Price Index. As of June 30, 2016 and December 31, 2015, the Company had recorded $92 and $72, respectively, of deferred rent expenses. Rent expense was $56 and $113 for the three and six months ended June 30, 2016, respectively. Rent expense was $56 and $113 for the three and six months ended June 30, 2015, respectively.

Note 18 - Related Party Transactions	6 Months Ended
Note 18 - Related Party Transactions	Jun. 30, 2016
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	1 8 . Related Party Transactions The Company entered into a license agreement (the “IMG License Agreement”) with Innovative Materials Group, LLC (“IMG”), a California limited liability company which is majority owned by Mr. Kang, a former Chief Executive Officer and former Chairman of the Company , to license certain patents and technical information for the limited purpose of manufacturing certain licensed products with the Company’s first generation die cast machines. The IMG License Agreement granted a non-exclusive license to certain product categories, as well as an exclusive license to specific types of consumer eyewear products and obligated IMG to pay the Company a running royalty based on its sales of licensed products through August 5, 2021. The Company recognized $ 0 in royalty revenues from IMG during the three and six months ended June 30, 2016 and 2015. The IMG License Agreement was terminated on March 8, 2016. In March 2016, the Company executed an Amended and Restated Employment Agreement with Mr. Steipp. The Restated Employment Agreement provides for an employment term from its effective date through August 3, 2017, after which the employment term is renewed annually for successive one year terms, unless terminated by the Company or Mr. Steipp. Under the Restated Employment Agreement, Mr. Steipp is entitled to certain benefits if his employment is terminated involuntarily. These benefits include payment of a lump sum amount equal to one year of his annual base salary, continued insurance benefits at the Company’s expense for one year and accelerated vesting of equity awards. If the Company undergoes a “change of control”, and Mr. Steipp (i) is subsequently terminated without “cause”, or (ii) the Company subsequently takes certain actions that constitute “good reason”, and thereafter Mr. Steipp resigns, he will be entitled to a payment equal to one year of base salary, plus continued insurance benefits for two years, plus acceleration of vesting on equity awards and an extended time during which to exercise any equity awards that are stock options. LIQUIDMETAL TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS For the Six Months Ended June 30, 2016 and 2015 (numbers in thousands, except share and per share data) (unaudited) In March 2016, the Company entered into amended Change of Control Agreements with certain of its executive officers. The Change of Control Agreements provide that if the executive officer’s employment with the Company is terminated without cause during the one-year period after a change of control of the Company, then the terminated officer will receive lump sum severance compensation in an amount equal to twelve months of his then-current base salary. Under the agreements, each of the executive officers will also be entitled to the above-described severance compensation in the event he terminates his own employment within one year after a change of control because of a salary decrease, assignment to a lower-level position, or a required move of more than twenty-five miles. In addition, upon termination, all unvested stock options related to these officers will automatically and immediately vest and shall thereafter be exercisable in accordance with the terms and provisions of the applicable award agreements. On March 10, 2016, the Company entered into the 2016 Purchase Agreement with Liquidmetal Technology Limited, providing for the purchase of up to 405,000,000 shares of the Company’s common stock for an aggregate purchase price of $63.4 million. Liquidmetal Technology Limited is a newly formed company owned by Mr. Yeung Tak Lugee Li (“Mr. Li”) . In connection with the 2016 Purchase Agreement and also on March 10, 2016, the Company and Eontec, entered into a license agreement pursuant to which the Company and Eontec entered into a cross-license of their respective technologies. Eontec is a publicly held Hong Kong corporation of which Mr. Li is the Chairman and majority shareholder. As of June 30, 2016, Mr. Li is a greater-than-5% beneficial owner of the Company.

Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2016

Accounting Policies [Abstract]

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Fair Value Measurement, Policy [Policy Text Block]

Fair Value

Measurements

Level 1 —

Quoted prices in active markets for identical assets or liabilities;

Level 2 —

Level 3 —

Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

As of June 30, 2016, the following table represents the Company’s fair value hierarchy for items that are required to be measured at fair value on a recurring basis:

	Fair Value		Level 1		Level 2		Level 3

Warrant liabilities (current)		983		-		983		-
Warrant liabilities (long-term)		2,284		-		2,284		-

As of December 31, 2015, the following table represents the Company’s fair value hierarchy for items that are required to be measured at fair value on a recurring basis:

	Fair Value		Level 1		Level 2		Level 3

Warrant liabilities (long-term)		59		-		59		-

New Accounting Pronouncements, Policy [Policy Text Block]

Recent Accounting Pronouncements

Leases

Stock-Based Compensation

Revenue from Contracts with Customers

Ability to Continue as a Going Concern

Inventory

Note 2 - Basis of Presentation and Recent Accounting Pronouncements (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Fair Value		Level 1		Level 2		Level 3

Warrant liabilities (current)		983		-		983		-
Warrant liabilities (long-term)		2,284		-		2,284		-

	Fair Value		Level 1		Level 2		Level 3

Warrant liabilities (long-term)		59		-		59		-

Note 2 - Fair Value of Items Measured on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Measurements, Recurring [Member] \| Warrant [Member] \| Fair Value, Inputs, Level 1 [Member]
Derivative Liability, Current
Derivative Liability, Noncurrent
Fair Value, Measurements, Recurring [Member] \| Warrant [Member] \| Fair Value, Inputs, Level 2 [Member]
Derivative Liability, Current	983
Derivative Liability, Noncurrent	2,284	59
Fair Value, Measurements, Recurring [Member] \| Warrant [Member] \| Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Current
Derivative Liability, Noncurrent
Fair Value, Measurements, Recurring [Member] \| Warrant [Member]
Derivative Liability, Current	983
Derivative Liability, Noncurrent	2,284	59
Warrant [Member]
Derivative Liability, Current	983
Derivative Liability, Noncurrent	2,284
Derivative Liability, Noncurrent	$ 2,284	$ 59

- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References + Details

Note 3 - Significant Transactions (Details Textual) - USD ($)					1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended	18 Months Ended	22 Months Ended
	May 19, 2016	Mar. 10, 2016	Dec. 06, 2013	Jan. 31, 2012	Feb. 28, 2015	Aug. 20, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Jun. 30, 2016	Jun. 30, 2016	May 18, 2016	Dec. 31, 2014	Oct. 24, 2013	Feb. 28, 2013	Feb. 27, 2013	Jul. 02, 2012	Jun. 02, 2012
Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity					$ 2,000,000		$ 1,000,000		$ 1,000,000			$ 1,000,000	$ 1,000,000
Interest Expense							4,000	$ 0	8,000	$ 0
Line of Credit Facility, Interest Rate During Period					2.10%							2.10%
Short-term Debt							$ 700,000		$ 700,000		$ 700,000	$ 700,000	$ 700,000
Visser MTA Agreement [Member] \| Private Placement [Member] \| Additional Warrants for Anti-dilution Impact [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights							21,126,522		21,126,522			21,126,522	21,126,522
Visser MTA Agreement [Member] \| Private Placement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights							18,611,079		18,611,079			18,611,079	18,611,079							15,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights																				$ 0.22
Class of Warrant or Right, Adjusted Exercise Price of Warrants or Rights							$ 0.16		$ 0.16			$ 0.16	$ 0.16		$ 0.17
Private Placement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights							17,572,000		17,572,000			17,572,000	17,572,000						18,750,000
Class of Warrant or Right, Exercise Price of Warrants or Rights							$ 0.17		$ 0.17		$ 0.19	$ 0.17	$ 0.17						$ 0.384
The 2016 Purchase Plan [Member] \| Liquidmetal Technology Limited [Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions	300,000,000						300,000,000		300,000,000			300,000,000	300,000,000
The 2016 Purchase Plan [Member] \| Purchase Price per Share of $0.15 [Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions							200,000,000		200,000,000			200,000,000	200,000,000
The 2016 Purchase Plan [Member] \| Purchase Price per Share of $0.25 [ Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions							100,000,000		100,000,000			100,000,000	100,000,000
The 2016 Purchase Plan [Member] \| Shares of Common Stock Vested [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights		2,609,913
The 2016 Purchase Plan [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		$ 0.07
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
Stock Issued During Period, Shares, New Issues		105,000,000
Stock Issued During Period, Value, New Issues		$ 8,400,000
Sale of Stock, Price Per Share		$ 0.08
Common Stock Purchase Agreement, Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions							$ 0.15		$ 0.15			$ 0.15	$ 0.15
Common Stock Purchase Agreement, the Other Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions							$ 0.25		$ 0.25			$ 0.25	$ 0.25
Common Stock Purchase Agreement, Value of Shares Authorized to Be Purchased No Later than 90 Days after Satisfaction of Certain Conditions	$ 55,000,000						$ 55,000,000		$ 55,000,000			$ 55,000,000	$ 55,000,000
Class of Warrant or Right, Remaining Number of Shares Unvested		7,456,896
Common Stock Purchase Agreement, Number of Shares, Put Option		105,000,000
Convertible Note, Price per Share		$ 0.08
The 2014 Purchase Agreement [Member] \| Common Stock [Member]
Stock Issued During Period, Weighted Average Price Per Share											$ 0.13		$ 0.13
The 2014 Purchase Agreement [Member]
Common Stock Purchase Agreement, Value of Shares Authorized to Issue and Sell to Investors						$ 30,000,000
Stock Issued During Period, Shares, New Issues											12,500,000
Stock Issued During Period, Value, New Issues													$ 12,500,000,000
Common Stock, Par or Stated Value Per Share						$ 0.001
Common Stock Subscriptions, Term						3 years
Proceeds from Issuance of Common Stock											$ 1,568,000		$ 1,568,000
Engel [Member]
Supply and License Agreement, Term				5 years
Exclusive License Agreement, Term			10 years
Common Stock [Member]
Stock Issued During Period, Shares, New Issues									105,000,000
Stock Issued During Period, Value, New Issues									$ 105,000
Liquidmetal Golf [Member]
Noncontrolling Interest, Ownership Percentage by Parent							79.00%		79.00%		79.00%	79.00%	79.00%
Interest Expense							$ 4,000	$ 0	$ 8,000
Stock Issued During Period, Value, New Issues									$ 7,129,000
Common Stock, Shares Authorized	1,100,000,000						1,100,000,000		1,100,000,000		1,100,000,000	1,100,000,000	1,100,000,000	700,000,000		700,000,000	500,000,000	400,000,000
Repurchase Deadline after Filing Date of Charter Amendmnet	1 year 90 days
Common Stock, Par or Stated Value Per Share							$ 0.001		$ 0.001		$ 0.001	$ 0.001	$ 0.001
Proceeds from Issuance of Common Stock									$ 8,400,000	$ 688,000
Short-term Debt							$ 700,000		$ 700,000		$ 700,000	$ 700,000	$ 700,000

Note 4 - Liquidity and Capital Resources (Details Textual) - USD ($)		6 Months Ended
	Mar. 10, 2016	Jun. 30, 2016	Jun. 30, 2015	May 19, 2016	Dec. 31, 2015	Dec. 31, 2014
The 2016 Purchase Plan [Member] \| Purchase Price per Share of $0.15 [Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions		200,000,000
The 2016 Purchase Plan [Member] \| Purchase Price per Share of $0.25 [ Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions		100,000,000
The 2016 Purchase Plan [Member] \| Liquidmetal Technology Limited [Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions		300,000,000		300,000,000
The 2016 Purchase Plan [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
Common Stock Purchase Agreement, Number of Shares Obligated to Purchase	405,000,000
Stock Issued During Period, Shares, New Issues	105,000,000
Stock Issued During Period, Value, New Issues	$ 8,400,000
Sale of Stock, Price Per Share	$ 0.08
Common Stock Purchase Agreement, Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions		$ 0.15
Common Stock Purchase Agreement, the Other Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions		$ 0.25
Common Stock Purchase Agreement, Value of Shares Authorized to Be Purchased No Later than 90 Days after Satisfaction of Certain Conditions		$ 55,000,000		$ 55,000,000
Net Cash Provided by (Used in) Operating Activities		(4,058,000)	$ (3,401,000)
Net Cash Provided by (Used in) Investing Activities		924,000	(2,225,000)
Net Cash Provided by (Used in) Financing Activities		8,415,000	901,000
Restricted Cash and Cash Equivalents, and Cash and Cash Equivalents, Carrying Value		9,060,000
Cash and Cash Equivalents, at Carrying Value		8,054,000	$ 5,284,000		$ 2,773,000	$ 10,009,000
Restricted Cash and Cash Equivalents, Current		1,006,000			$ 2,008,000
Stock Issued During Period, Value, New Issues		$ 7,129,000

Note 7 - Patents and Trademarks, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Patents and Trademarks [Member] \| Minimum [Member]
Finite-Lived Intangible Asset, Useful Life			10 years
Patents and Trademarks [Member] \| Maximum [Member]
Finite-Lived Intangible Asset, Useful Life			17 years
Patents and Trademarks [Member]
Intangible Assets, Net (Excluding Goodwill)	$ 543		$ 543		$ 570
Amortization of Intangible Assets	24	$ 25	49	$ 50
Intangible Assets, Net (Excluding Goodwill)	$ 543		$ 543		$ 570

Note 9 - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accrued payroll, vacation, and bonuses	$ 631	$ 766
Accrued audit fees	52	109
Straight-line rent accruals	92	72
Total	$ 775	$ 947

Note 10 - Short-term Debt (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		18 Months Ended
Note 10 - Short-term Debt (Details Textual) - USD ($)	Feb. 28, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Line of Credit [Member]
Interest Expense		$ 4,000	$ 0	$ 8,000	$ 0
Short-term Debt		700,000		700,000		$ 700,000	$ 700,000
Line of Credit Facility, Interest Rate During Period	2.10%					2.10%
Interest Expense		4,000	$ 0	8,000
Short-term Debt		$ 700,000		$ 700,000		$ 700,000	$ 700,000

Note 11 - Warrant Liabilities (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 10, 2016	Dec. 31, 2015	Jul. 02, 2012	Jun. 30, 2012
Visser MTA Agreement [Member] \| Warrant [Member]
Derivative Liability, Noncurrent
Derivative Liability	$ 983,000		983,000			$ 34,000
Fair Value Adjustment of Warrants			$ 949,000
Visser MTA Agreement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	21,126,522		21,126,522			18,937,931		15,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.16		$ 0.16			$ 0.17		$ 0.22
Derivative Liability, Noncurrent								$ 4,260,000
Fair Value Assumptions, Expected Term			335 days
Fair Value Assumptions, Expected Volatility Rate			75.00%
Fair Value Assumptions, Risk Free Interest Rate			0.50%
Fair Value Assumptions, Expected Dividend Rate			0.00%
Fair Value Adjustment of Warrants	$ 347,000		$ 949,000
Warrant [Member] \| Private Placement [Member]
Derivative Liability, Noncurrent	736,000		736,000
Derivative Liability	736,000		736,000			$ 25,000
Fair Value Adjustment of Warrants			711,000
Warrant [Member] \| The 2016 Purchase Plan [Member]
Derivative Liability, Noncurrent	1,548,000		1,548,000
Derivative Liability	1,548,000		$ 1,548,000
Fair Value Assumptions, Expected Term			9 years 251 days
Fair Value Assumptions, Expected Volatility Rate			119.00%
Fair Value Assumptions, Risk Free Interest Rate			1.49%
Fair Value Assumptions, Expected Dividend Rate			0.00%
Fair Value Adjustment of Warrants			$ 788,000
Warrant [Member]
Derivative Liability, Noncurrent	2,284,000		2,284,000
Derivative Liability	$ 3,267,000		3,267,000			$ 59,000
Fair Value Adjustment of Warrants			$ 2,448,000
Private Placement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	17,572,000		17,572,000				18,750,000
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.17		$ 0.17			$ 0.19	$ 0.384
Derivative Liability, Noncurrent	$ 736,000		$ 736,000				$ 5,053,000
Fair Value Assumptions, Expected Term			1 year
Fair Value Assumptions, Expected Volatility Rate			72.00%
Fair Value Assumptions, Risk Free Interest Rate			0.50%
Fair Value Assumptions, Expected Dividend Rate			0.00%
Fair Value Adjustment of Warrants	237,000		$ 711,000
The 2016 Purchase Plan [Member] \| Warrants Valued as Liability [Member]
Derivative Liability, Noncurrent					$ 760,000
The 2016 Purchase Plan [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					$ 0.07
Fair Value Adjustment of Warrants	295,000		788,000
Derivative Liability, Noncurrent	2,284,000		2,284,000			$ 59,000
Fair Value Adjustment of Warrants	$ 879,000	$ (349,000)	$ 2,448,000	$ (188,000)
Class of Warrant or Right, Outstanding	48,765,331		48,765,331			36,509,931

Note 11 - Warrant Liability (Details) - USD ($)	3 Months Ended		6 Months Ended
Note 11 - Warrant Liability (Details) - USD ($)	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Jul. 02, 2012	Jun. 30, 2012
Visser MTA Agreement [Member] \| Warrant [Member]
Balance			$ 34,000
Original valuation- new issuances
Change in value of warrant liabilities, loss			949,000
Balance	$ 983,000		983,000
Included in current liabilities	983,000		983,000
Included in long-term liabilities
Visser MTA Agreement [Member]
Change in value of warrant liabilities, loss	347,000		949,000
Included in long-term liabilities							$ 4,260,000
Warrant [Member] \| Private Placement [Member]
Balance			25,000
Original valuation- new issuances
Change in value of warrant liabilities, loss			711,000
Balance	736,000		736,000
Included in current liabilities
Included in long-term liabilities	736,000		736,000
Warrant [Member] \| The 2016 Purchase Plan [Member]
Balance
Original valuation- new issuances			760,000
Change in value of warrant liabilities, loss			788,000
Balance	1,548,000		1,548,000
Included in current liabilities
Included in long-term liabilities	1,548,000		1,548,000
Warrant [Member]
Balance			59,000
Original valuation- new issuances			760,000
Change in value of warrant liabilities, loss			2,448,000
Balance	3,267,000		3,267,000
Included in current liabilities	983,000		983,000
Included in long-term liabilities	2,284,000		2,284,000
Private Placement [Member]
Change in value of warrant liabilities, loss	237,000		711,000
Included in long-term liabilities	736,000		736,000			$ 5,053,000
The 2016 Purchase Plan [Member]
Change in value of warrant liabilities, loss	295,000		788,000
Change in value of warrant liabilities, loss	879,000	$ (349,000)	2,448,000	$ (188,000)
Included in long-term liabilities	$ 2,284,000		$ 2,284,000		$ 59,000

- Definition

+ References + Details

Note 12 - Option Liabilities (Details Textual) - USD ($)		3 Months Ended		6 Months Ended
	May 19, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
The 2016 Purchase Plan [Member] \| Purchase Price per Share of $0.15 [Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions		200,000,000		200,000,000
The 2016 Purchase Plan [Member] \| Purchase Price per Share of $0.25 [ Member]
Common Stock Purchase Agreement, Remaining Number of Shares to be Purchased No Later than 90 Days after the satisfaction of certain conditions		100,000,000		100,000,000
The 2016 Purchase Plan [Member] \| The 200 Million Share, Call Option [Member]
Original Valuation, Options				$ 489,000
Derivative Liability, Current	$ 2,931,000
Fair Value Adjustment of Options		$ 1,876,000		2,442,000
The 2016 Purchase Plan [Member] \| The 100 Million Share, Call Option [Member]
Original Valuation, Options				22,000
Derivative Liability, Current	$ 193,000
Fair Value Adjustment of Options		$ 549,000		$ 171,000
The 2016 Purchase Plan [Member] \| Call Option [Member]
Fair Value Assumptions, Expected Term	91 days
Fair Value Assumptions, Expected Volatility Rate	85.00%
Fair Value Assumptions, Risk Free Interest Rate	0.31%
Fair Value Assumptions, Expected Dividend Rate	0.00%
The 2016 Purchase Plan [Member]
Common Stock Purchase Agreement, Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions		$ 0.15		$ 0.15
Common Stock Purchase Agreement, the Other Purchase Price per Share, No Later than 90 Days after Satisfaction of Certain Conditions		$ 0.25		$ 0.25
The 200 Million Share, Call Option [Member]
Original Valuation, Options				$ 489,000
Derivative Liability, Current
Fair Value Adjustment of Options				2,442,000
The 100 Million Share, Call Option [Member]
Original Valuation, Options				22,000
Derivative Liability, Current
Fair Value Adjustment of Options				171,000
Original Valuation, Options				511,000
Fair Value Adjustment of Options		$ (2,426,000)		$ 2,613,000

Note 12 - Option Liability (Details) - USD ($)	3 Months Ended		6 Months Ended
Note 12 - Option Liability (Details) - USD ($)	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
The 200 Million Share, Call Option [Member]
Balance
Original Valuation, Options			489,000
Fair Value Adjustment of Options			2,442,000
Reclassification to shareholders' equity			(2,931,000)
Balance
The 100 Million Share, Call Option [Member]
Balance
Original Valuation, Options			22,000
Fair Value Adjustment of Options			171,000
Reclassification to shareholders' equity			(193,000)
Balance
Call Option [Member]
Balance
Balance
Original Valuation, Options			511,000
Fair Value Adjustment of Options	$ (2,426,000)		2,613,000
Reclassification to shareholders' equity			$ (3,124,000)

- Definition

+ References + Details

Note 14 - Stock Compensation Plans (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Jan. 27, 2015	Apr. 04, 2002
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	507,500		507,500		822,000
Equity Incentive Plan 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	26,001,986		26,001,986		25,988,734
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			2,000,000
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	27,500,000		27,500,000		15,100,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			14,400,000
Allocated Share-based Compensation Expense	$ 365	$ 378	$ 718	$ 715

Note 15 - Shareholders' Equity (Details Textual) - USD ($)				1 Months Ended	6 Months Ended		12 Months Ended			22 Months Ended
	Mar. 10, 2016	Nov. 08, 2013	Jul. 17, 2013	Jun. 30, 2012	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2016	May 19, 2016	May 18, 2016	Jul. 15, 2015	Sep. 09, 2014	Oct. 24, 2013	Feb. 28, 2013	Feb. 27, 2013	Jul. 02, 2012
Private Placement [Member] \| Visser MTA Agreement [Member]
Stock Issued During Period, Shares, New Issues				30,000,000
Private Placement [Member] \| Senior Convertible Notes [Member] \| Weighted Average [Member]
Debt Instrument, Convertible, Conversion Price			$ 0.0774
Private Placement [Member] \| Senior Convertible Notes [Member]
Debt Conversion, Converted Instrument, Shares Issued			163,641,547
Debt Instrument, Periodic Payment, Principal			$ 12,000,000
Debt Instrument, Periodic Payment, Interest			$ 680,000
Private Placement [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights					17,572,000					17,572,000								18,750,000
Class of Warrant or Right, Exercise Price of Warrants or Rights					$ 0.17		$ 0.19			$ 0.17								$ 0.384
Common Stock Purchase Agreement [Member] \| Weighted Average [Member]
Share Price								$ 0.19
Common Stock Purchase Agreement [Member]
Stock Issued During Period, Shares, New Issues								85,355,615
Stock Issued During Period, Shares, Other		2,666,667
Stock Issued During Period, Value, New Issues								$ 16,000,000
The 2014 Purchase Agreement [Member] \| Common Stock [Member]
Stock Issued During Period, Weighted Average Price Per Share							$ 0.13			$ 0.13
The 2014 Purchase Agreement [Member]
Stock Issued During Period, Shares, New Issues							12,500,000
Stock Issued During Period, Value, New Issues										$ 12,500,000,000
Common Stock, Shares Covered by Registration Statement														75,000,000
Proceeds from Issuance of Common Stock							$ 1,568,000			$ 1,568,000
The 2016 Purchase Plan [Member]
Stock Issued During Period, Shares, New Issues	105,000,000
Stock Issued During Period, Value, New Issues	$ 8,400,000
Sale of Stock, Price Per Share	$ 0.08
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	$ 0.07
Liquidmetal Golf [Member]
Noncontrolling Interest, Ownership Percentage by Parent					79.00%		79.00%			79.00%
Minimum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights													$ 0.48
Maximum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights													$ 0.49
Series A Preferred Stock [Member]
Conversion of Stock, Shares Converted									506,936
Class of Warrant or Right, Number of Securities Called by Warrants or Rights													29,779,557
Common Stock [Member]
Stock Issued During Period, Shares, New Issues					105,000,000
Conversion of Stock, Shares Issued									16,896,070
Stock Issued During Period, Value, New Issues					$ 105,000
Preferred Stock, Shares Outstanding					0		0		0	0
Common Stock, Shares Authorized					1,100,000,000		1,100,000,000			1,100,000,000	1,100,000,000	700,000,000			700,000,000	500,000,000	400,000,000
Stock Issued During Period, Value, New Issues					$ 7,129,000
Proceeds from Issuance of Common Stock					8,400,000	$ 688,000
Warrants and Rights Outstanding					18,179,000		$ 18,179,000			$ 18,179,000			$ 18,179,000
Stockholders' Equity Attributable to Noncontrolling Interest					$ (66,000)		$ (62,000)			$ (66,000)

Note 16 - Loss Per Common Share (Details Textual) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jul. 15, 2015
Employee Stock Option [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price		$ 0.08
Employee Stock Option [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 0.77	$ 1.44
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	54,009,486	44,368,734
Written Call Options [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 0.07
Class of Warrant or Right, Exercise Price of Warrants or Rights	0.15
Written Call Options [Member] \| Maximum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.25
Written Call Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	300,000,000
Warrant [Member] \| Minimum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.07	$ 0.18
Warrant [Member] \| Maximum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 0.17	$ 0.49
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	48,765,331	66,212,002
Minimum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 0.48
Maximum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights			$ 0.49

Note 17 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Deferred Costs, Leasing, Net, Current	$ 92		$ 92		$ 72
Operating Leases, Rent Expense, Net	$ 56	$ 56	$ 113	$ 113

Note 18 - Related Party Transactions (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 10, 2016
Innovative Materials Group [Member]
Royalty Revenue	$ 0	$ 0	$ 0	$ 0
The 2016 Purchase Plan [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

Note 5 - Inventory	6 Months Ended
Note 5 - Inventory	Jun. 30, 2016
Notes to Financial Statements
Inventory Disclosure [Text Block]	5 . Inventory Inventory totaled $138 and $83 as of June 30, 2016 and December 31, 2015, respectively, and primarily consisted of raw alloy and finished goods inventory to satisfy future customer orders. Inventory is stated at the lower of weighted-average cost or market.

Note 6 - Prepaid Expenses and Other Current Assets	6 Months Ended
Note 6 - Prepaid Expenses and Other Current Assets	Jun. 30, 2016
Notes to Financial Statements
Prepaid Expenses and Other Current Assets [Text Block]	6 . P repaid Expenses and Other Current Assets Prepaid expenses and other current assets totaled $142 and $408 as of June 30, 2016 and December 31, 2015, respectively, and primarily consisted of prepaid invoices and insurance premiums that will be recognized as expenses at a timing consistent with when the associated services are provided.

Note 8 - Other Assets	6 Months Ended
Note 8 - Other Assets	Jun. 30, 2016
Notes to Financial Statements
Other Assets Disclosure [Text Block]	8. Other Assets Other assets totaled $36 and $31 as of June 30, 2016 and December 31, 2015, respectively, and consisted of deposits under long-term lease agreements.

Note 13 - Other Long-term Liabilities	6 Months Ended
Note 13 - Other Long-term Liabilities	Jun. 30, 2016
Notes to Financial Statements
Other Liabilities Disclosure [Text Block]	13. Other Long-term Liabilities Other long-term liabilities were $856 as of June 30, 2016 and December 31, 2015, and consisted of long -term, aged payables to vendors, individuals, and other third parties that have been outstanding for more than 5 years. The Company is in the process of researching and resolving the balances for settlement and/or escheatment in accordance with applicable state law .

Note 13 - Other Long-term Liabilities (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Other Liabilities, Noncurrent	$ 856	$ 856
Period for Outstanding Liability	5 years