2022 Q3 Form 10-Q Financial Statement

#000143774922020136 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $3.306M $5.018M $3.637M
YoY Change -20.21% 24.94% -9.02%
Cost Of Revenue $3.198M $4.870M $3.392M
YoY Change -18.96% 31.77% -12.66%
Gross Profit $107.3K $148.1K $245.5K
YoY Change -45.33% -53.81% 114.23%
Gross Profit Margin 3.25% 2.95% 6.75%
Selling, General & Admin $2.106M $2.462M $2.976M
YoY Change -8.79% 0.5% 19.82%
% of Gross Profit 1962.86% 1661.98% 1212.21%
Research & Development $283.5K $490.8K $602.7K
YoY Change -43.05% 12.93% 37.73%
% of Gross Profit 264.29% 331.33% 245.47%
Depreciation & Amortization $576.4K $937.3K $746.4K
YoY Change -13.87% 40.15% 18.24%
% of Gross Profit 537.27% 632.73% 303.96%
Operating Expenses $2.387M $4.742M $3.579M
YoY Change -14.94% 64.39% 22.5%
Operating Profit -$2.280M -$4.594M -$3.334M
YoY Change -12.65% 79.18% 18.76%
Interest Expense $601.5K -$159.1K -$130.4K
YoY Change -3578.89% -46.83% -422.55%
% of Operating Profit
Other Income/Expense, Net $514.1K -$1.928M -$427.7K
YoY Change -266.13% 250.48% -229.11%
Pretax Income -$1.766M -$6.521M -$3.761M
YoY Change -39.51% 109.44% 51.92%
Income Tax -$13.29K -$14.04K -$14.99K
% Of Pretax Income
Net Earnings -$1.753M -$6.507M -$3.746M
YoY Change -39.65% 110.03% 52.33%
Net Earnings / Revenue -53.02% -129.67% -103.0%
Basic Earnings Per Share -$0.04 -$0.20 -$0.18
Diluted Earnings Per Share -$39.93K -$202.7K -$175.5K
COMMON SHARES
Basic Shares Outstanding 43.89M 32.10M 21.35M
Diluted Shares Outstanding 43.89M 32.10M 21.35M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.29M $17.88M $9.328M
YoY Change -15.12% -24.3% 2.05%
Cash & Equivalents $17.61M $19.70M $11.23M
Short-Term Investments
Other Short-Term Assets $3.969M $5.252M $4.551M
YoY Change 81.54% 125.52% 87.28%
Inventory $4.657M $5.445M $5.810M
Prepaid Expenses
Receivables $2.844M $2.421M $2.153M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $29.84M $33.78M $24.28M
YoY Change -2.71% -5.4% 14.77%
LONG-TERM ASSETS
Property, Plant & Equipment $6.877M $7.210M $8.384M
YoY Change -26.41% -26.61% -15.07%
Goodwill $206.6K $220.1K $235.3K
YoY Change -15.82% -12.63% -5.33%
Intangibles $218.2K $257.3K $301.2K
YoY Change -41.03% -36.98% -30.01%
Long-Term Investments
YoY Change
Other Assets $390.6K $583.0K $619.0K
YoY Change -24.57% 9.91% 19.04%
Total Long-Term Assets $10.81M $11.74M $16.15M
YoY Change -39.0% -25.2% 3.53%
TOTAL ASSETS
Total Short-Term Assets $29.84M $33.78M $24.28M
Total Long-Term Assets $10.81M $11.74M $16.15M
Total Assets $40.65M $45.52M $40.43M
YoY Change -16.0% -11.45% 10.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.617M $1.921M $2.024M
YoY Change -20.09% 9.07% 8.23%
Accrued Expenses $3.447M $4.485M $5.085M
YoY Change -21.0% -24.3% 20.41%
Deferred Revenue $635.2K $595.2K $692.6K
YoY Change -30.06% -68.8% -44.03%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $321.8K $344.5K $10.45M
YoY Change -94.86% -90.81% 2649.26%
Total Short-Term Liabilities $6.533M $7.898M $19.12M
YoY Change -54.43% -43.75% 121.11%
LONG-TERM LIABILITIES
Long-Term Debt $7.307M $7.459M $3.964M
YoY Change -33.97% -44.59% 37.65%
Other Long-Term Liabilities $0.00 $0.00 $61.55K
YoY Change -100.0% -100.0% -98.38%
Total Long-Term Liabilities $10.07M $10.55M $12.46M
YoY Change -45.16% -42.29% 79.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.533M $7.898M $19.12M
Total Long-Term Liabilities $10.07M $10.55M $12.46M
Total Liabilities $16.60M $18.45M $31.58M
YoY Change -49.22% -42.92% 102.34%
SHAREHOLDERS EQUITY
Retained Earnings -$65.19M -$63.44M -$56.93M
YoY Change 29.04% 33.23% 27.89%
Common Stock $43.90K $43.89K $21.35K
YoY Change 106.23% 101.53% -1.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $24.05M $27.07M $8.851M
YoY Change
Total Liabilities & Shareholders Equity $40.65M $45.52M $40.43M
YoY Change -16.0% -11.45% 10.0%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$1.753M -$6.507M -$3.746M
YoY Change -39.65% 110.03% 52.33%
Depreciation, Depletion And Amortization $576.4K $937.3K $746.4K
YoY Change -13.87% 40.15% 18.24%
Cash From Operating Activities -$450.7K -$5.997M -$5.035M
YoY Change -87.11% -1638.8% 286.15%
INVESTING ACTIVITIES
Capital Expenditures -$562.7K -$46.84K $183.0K
YoY Change 163.02% -84.81% -55.88%
Acquisitions
YoY Change
Other Investing Activities -$20.00 $660.00
YoY Change -99.99% -41.59%
Cash From Investing Activities -$562.7K -$46.17K -$183.0K
YoY Change 5.07% -84.97% -55.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -114.4K 14.41M -$931.8K
YoY Change 20.42% 1.51% 820.83%
NET CHANGE
Cash From Operating Activities -450.7K -5.997M -$5.035M
Cash From Investing Activities -562.7K -46.17K -$183.0K
Cash From Financing Activities -114.4K 14.41M -$931.8K
Net Change In Cash -1.128M 8.362M -$6.262M
YoY Change -72.68% -41.41% 140.2%
FREE CASH FLOW
Cash From Operating Activities -$450.7K -$5.997M -$5.035M
Capital Expenditures -$562.7K -$46.84K $183.0K
Free Cash Flow $112.0K -$5.950M -$5.218M
YoY Change -103.41% -952.37% 203.59%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
152311 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
409076 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
419985 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
268470 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7950015 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7554803 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
376674 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
357231 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43888538
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43888538
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
21285706
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
21285706
CY2022Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.50
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1996469 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
31959 usd
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.065 pure
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43888538
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
21777373
CY2021Q3 liqt Class Of Warrant Or Right Issued By Exchange Shares
ClassOfWarrantOrRightIssuedByExchangeShares
500000
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-36210
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-1431677
dei Entity Address Address Line1
EntityAddressAddressLine1
Industriparken 22C, DK 2750
dei Entity Address City Or Town
EntityAddressCityOrTown
Ballerup
dei Entity Address Country
EntityAddressCountry
DK
dei City Area Code
CityAreaCode
45
dei Local Phone Number
LocalPhoneNumber
3131 5941
dei Security12b Title
Security12bTitle
Common Stock, $0.001 par value
dei Trading Symbol
TradingSymbol
LIQT
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
43888538
CY2022Q2 liqt Cash Cash Equivalents And Restricted Cash
CashCashEquivalentsAndRestrictedCash
19695722 usd
CY2021Q4 liqt Cash Cash Equivalents And Restricted Cash
CashCashEquivalentsAndRestrictedCash
17489380 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2420968 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1957579 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
5445413 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
5421027 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2786063 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1906510 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3434607 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1292285 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
33782773 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
28066781 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7209565 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8858993 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3468258 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6925807 usd
CY2022Q2 liqt Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
582963 usd
CY2021Q4 liqt Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
628109 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
257252 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2499591 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
334743 usd
CY2022Q2 us-gaap Goodwill
Goodwill
220105 usd
CY2021Q4 us-gaap Goodwill
Goodwill
240259 usd
CY2022Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
11738143 usd
CY2021Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
16987911 usd
CY2022Q2 us-gaap Assets
Assets
45520916 usd
CY2021Q4 us-gaap Assets
Assets
45054692 usd
CY2022Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1920886 usd
CY2021Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1646662 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4485000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4685665 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
344528 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
373824 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
552400 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
846544 usd
CY2022Q2 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
0 usd
CY2021Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
8400000 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
595150 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
914828 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
7897964 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
16867523 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
178389 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
224779 usd
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
0 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
346939 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2117126 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2915857 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6154064 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
5342187 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
0 usd
CY2022Q2 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
0 usd
CY2021Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
6186936 usd
CY2022Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10553559 usd
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
15412309 usd
CY2022Q2 us-gaap Liabilities
Liabilities
18451523 usd
CY2021Q4 us-gaap Liabilities
Liabilities
32279832 usd
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
43888 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
21285 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
96406781 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
70910902 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-63435411 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-53181928 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5945865 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4975399 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
27069393 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12774860 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
45520916 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
45054692 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5018292 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4016563 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8655528 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8014440 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4870152 usd
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3695853 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
8261847 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7579115 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
148140 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
320710 usd
us-gaap Gross Profit
GrossProfit
393681 usd
us-gaap Gross Profit
GrossProfit
435325 usd
CY2022Q2 us-gaap Selling Expense
SellingExpense
1196513 usd
CY2021Q2 us-gaap Selling Expense
SellingExpense
1202586 usd
us-gaap Selling Expense
SellingExpense
2256461 usd
us-gaap Selling Expense
SellingExpense
2212084 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1265543 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1247132 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3182060 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2721802 usd
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
490836 usd
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
434629 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1093573 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
872236 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
1788827 usd
CY2021Q2 us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
1788827 usd
us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
4741719 usd
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
2884347 usd
us-gaap Operating Expenses
OperatingExpenses
8320921 usd
us-gaap Operating Expenses
OperatingExpenses
5806122 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-4593579 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2563637 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-7927240 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5370797 usd
CY2022Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
342624 usd
CY2021Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
0 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
342723 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
0 usd
CY2022Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
159557 usd
CY2021Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
215598 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
366018 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
256017 usd
CY2022Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1922618 usd
CY2021Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
251804 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2219956 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
251804 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-342202 usd
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-83696 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-266209 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
287988 usd
CY2022Q2 liqt Gain Loss On Lease Termination
GainLossOnLeaseTermination
153575 usd
CY2021Q2 liqt Gain Loss On Lease Termination
GainLossOnLeaseTermination
0 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
24818315 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
102388 usd
liqt Gain Loss On Lease Termination
GainLossOnLeaseTermination
153575 usd
liqt Gain Loss On Lease Termination
GainLossOnLeaseTermination
0 usd
CY2022Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
661 usd
CY2021Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1134 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
661 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1134 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1927517 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-549964 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2355224 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-218699 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6521096 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3113601 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10282464 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5589496 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14037 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-15493 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-28981 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-31959 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-6507059 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3098108 usd
us-gaap Net Income Loss
NetIncomeLoss
-10253483 usd
us-gaap Net Income Loss
NetIncomeLoss
-5557537 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.20
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32097495
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21769461
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26753663
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21723578
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-6507059 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3098108 usd
us-gaap Net Income Loss
NetIncomeLoss
-10253483 usd
us-gaap Net Income Loss
NetIncomeLoss
-5557537 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-614575 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
368104 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-970466 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-943417 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7121634 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2730004 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11223949 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6500954 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
12774860 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
178778 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-355891 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3746424 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
8851323 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
24453528 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
664704 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
221472 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-614575 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-6507059 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
27069393 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
432337 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-504841 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1311521 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2459429 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
21149753 usd
CY2021Q2 liqt Stock Issued During Period Value Issued For Convertible Note Value
StockIssuedDuringPeriodValueIssuedForConvertibleNoteValue
531729 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-178716 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
125076 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1754808 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
368104 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3098108 usd
liqt Increase Decrease In Operating Lease Payments
IncreaseDecreaseInOperatingLeasePayments
-268816 usd
liqt Increase Decrease In Operating Lease Payments
IncreaseDecreaseInOperatingLeasePayments
-582679 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-255701 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
803077 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
25116746 usd
us-gaap Interest Paid Net
InterestPaidNet
444297 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
19076554 usd
us-gaap Net Income Loss
NetIncomeLoss
-10253483 usd
us-gaap Net Income Loss
NetIncomeLoss
-5557537 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1683679 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1298815 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2219956 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
251804 usd
us-gaap Share Based Compensation
ShareBasedCompensation
400250 usd
us-gaap Share Based Compensation
ShareBasedCompensation
227464 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
28981 usd
liqt Gain Loss On Lease Termination
GainLossOnLeaseTermination
153575 usd
liqt Gain Loss On Lease Termination
GainLossOnLeaseTermination
-0 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
661 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1134 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
660578 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-633533 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
504315 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
231899 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1102662 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-855558 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2360975 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-174731 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-778758 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
4647278 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11032241 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-910259 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
229865 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
718366 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
661 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1134 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-229204 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-717232 usd
liqt Proceeds Payments On Finance Lease Obligation
ProceedsPaymentsOnFinanceLeaseObligation
-179689 usd
liqt Proceeds Payments On Finance Lease Obligation
ProceedsPaymentsOnFinanceLeaseObligation
-192504 usd
liqt Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
24453528 usd
liqt Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
0 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
6000000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
liqt Proceeds From Repayments Of Convertible Debt
ProceedsFromRepaymentsOfConvertibleDebt
-16800000 usd
liqt Proceeds From Repayments Of Convertible Debt
ProceedsFromRepaymentsOfConvertibleDebt
14283333 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13473839 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14090829 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-6052 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-611041 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2206342 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11852297 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17489380 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
13264449 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19695722 usd
CY2021Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
542255 usd
us-gaap Interest Paid Net
InterestPaidNet
79448 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2022Q2 us-gaap Other Receivables
OtherReceivables
61873 usd
CY2021Q4 us-gaap Other Receivables
OtherReceivables
60158 usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
531729 usd
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
2675339 usd
CY2021 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
2947736 usd
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
258308 usd
liqt Debt Discount Incurred During Noncash Or Partial Noncash Transaction
DebtDiscountIncurredDuringNoncashOrPartialNoncashTransaction
664704 usd
liqt Debt Discount Incurred During Noncash Or Partial Noncash Transaction
DebtDiscountIncurredDuringNoncashOrPartialNoncashTransaction
0 usd
CY2021 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
499146 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
1080722 usd
CY2022Q2 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
2190913 usd
CY2021Q4 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
991682 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2786063 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1671290 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"><b>Reclassification</b> – Certain amounts presented in previously issued financial statements have been reclassified to be consistent with the current period presentation. In the statement of operations and comprehensive loss, the Company has reclassified the prior-year comparative amounts of general and administrative expenses and other expenses to be consistent with the current classification.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1906510 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1817444 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2125695 usd
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
15697922 usd
CY2021Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
11346826 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
595150 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
914828 usd
CY2022Q2 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
2190913 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
409076 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
498044 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
73749 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-28499 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
307885 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
24415 usd
us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-22629 usd
CY2021 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-36054 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
152311 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
409076 usd
liqt Contract With Customer Costs Incurred
ContractWithCustomerCostsIncurred
3448036 usd
CY2021 liqt Contract With Customer Costs Incurred
ContractWithCustomerCostsIncurred
3381994 usd
CY2021Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
213224 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
2292852 usd
CY2022Q2 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
938041 usd
CY2021Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
454158 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5018292 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4016563 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8655528 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8014440 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5018292 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4016563 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8655528 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8014440 usd
CY2022Q2 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
676610 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2014225 usd
CY2021Q4 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
991682 usd
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
47904 usd
CY2021Q2 us-gaap Advertising Expense
AdvertisingExpense
42843 usd
us-gaap Advertising Expense
AdvertisingExpense
103428 usd
us-gaap Advertising Expense
AdvertisingExpense
125235 usd
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
490836 usd
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
434629 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1093573 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
872236 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1660907 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;"><b>Accounting Estimates</b> <b>--</b> The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets including accounts receivable; allowance for doubtful accounts; contract assets; reserve for excess and obsolete inventory; depreciation and impairment of property, plant and equipment; goodwill; liabilities including contract liabilities and contingencies; the disclosures of contingent assets and liabilities at the date of the financial statements; and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimated.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2144067 usd
us-gaap Restructuring Charges
RestructuringCharges
1788827 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
us-gaap Restructuring Charges
RestructuringCharges
1788827 usd
us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
1058286 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
-0 usd
us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
433603 usd
us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
-0 usd
CY2022Q2 us-gaap Restructuring Reserve
RestructuringReserve
296938 usd
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
0 usd
CY2022Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
477599 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
386343 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
205150 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
726131 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
419985 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
268470 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
5445413 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
5421027 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
217473 usd
liqt Finance Lease Expense
FinanceLeaseExpense
148157 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
546530 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3468258 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6925807 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
552400 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
846544 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2915857 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6154064 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3468257 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7000608 usd
CY2022Q2 liqt Property And Equipment Under Finance Lease Gross
PropertyAndEquipmentUnderFinanceLeaseGross
3055081 usd
CY2021Q4 liqt Property And Equipment Under Finance Lease Gross
PropertyAndEquipmentUnderFinanceLeaseGross
3334830 usd
CY2022Q2 liqt Property And Equipment Under Finance Lease Accumulated Depreciation
PropertyAndEquipmentUnderFinanceLeaseAccumulatedDepreciation
412985 usd
CY2021Q4 liqt Property And Equipment Under Finance Lease Accumulated Depreciation
PropertyAndEquipmentUnderFinanceLeaseAccumulatedDepreciation
336337 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
344528 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
373824 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2117126 usd
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2499591 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
2461654 usd
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2873415 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y8M12D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y10M24D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.028 pure
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.028 pure
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
407466 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
588309 usd
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
191068 usd
liqt Standard And Extended Product Warranty Accrual Decrease For Expiration
StandardAndExtendedProductWarrantyAccrualDecreaseForExpiration
0 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
408343 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
306659 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
405016 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
296523 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
370372 usd
CY2022Q2 liqt Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
2298056 usd
CY2022Q2 liqt Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
894329 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4602021 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2691036 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1133764 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
229382 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3468257 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
2461654 usd
CY2022Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1750000 eur
CY2022Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1820000 usd
CY2022Q2 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
480979 usd
CY2021Q2 liqt Stock Issued During Period Shares Issued For Commitment Fee
StockIssuedDuringPeriodSharesIssuedForCommitmentFee
80000
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-6507059 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
962313 usd
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1056613 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
53684 usd
CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
177302 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-0 usd
CY2020Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
515000
CY2020Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
5.00
CY2021 liqt Standard And Extended Product Warranty Accrual Decrease For Expiration
StandardAndExtendedProductWarrantyAccrualDecreaseForExpiration
0 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
83405 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
80534 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3098108 usd
us-gaap Net Income Loss
NetIncomeLoss
-10253483 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
932592 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
962313 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-6507059 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3098108 usd
us-gaap Net Income Loss
NetIncomeLoss
-10253483 usd
us-gaap Net Income Loss
NetIncomeLoss
-5557537 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32097495
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21769461
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26753663
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21723578
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32097495
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21769461
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26753663
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21723578
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43888538
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
21777373
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
26450000 usd
CY2022Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1996472 usd
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1015000
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
515000
liqt Class Of Warrant Or Right Issued During Period
ClassOfWarrantOrRightIssuedDuringPeriod
34905000
liqt Class Of Warrant Or Right Issued During Period
ClassOfWarrantOrRightIssuedDuringPeriod
0
liqt Class Of Warrant Or Right Exercised Or Converted During Period
ClassOfWarrantOrRightExercisedOrConvertedDuringPeriod
0
liqt Class Of Warrant Or Right Exercised Or Converted During Period
ClassOfWarrantOrRightExercisedOrConvertedDuringPeriod
0
CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
35920000
CY2021Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
515000
us-gaap Net Income Loss
NetIncomeLoss
-5557537 usd
CY2022Q2 us-gaap Assets
Assets
45520916 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
5018292 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4016563 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8655528 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
8014440 usd
CY2021Q4 us-gaap Assets
Assets
45054692 usd

Files In Submission

Name View Source Status
0001437749-22-020136-index-headers.html Edgar Link pending
0001437749-22-020136-index.html Edgar Link pending
0001437749-22-020136.txt Edgar Link pending
0001437749-22-020136-xbrl.zip Edgar Link pending
ex_405481.htm Edgar Link pending
ex_405482.htm Edgar Link pending
ex_405483.htm Edgar Link pending
ex_405484.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
liqt-20220630.xsd Edgar Link pending
liqt20220630_10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
liqt-20220630_lab.xml Edgar Link unprocessable
liqt-20220630_def.xml Edgar Link unprocessable
liqt-20220630_cal.xml Edgar Link unprocessable
liqt-20220630_pre.xml Edgar Link unprocessable
liqt20220630_10q_htm.xml Edgar Link completed
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending