$LIQT
LIQTECH INTERNATIONAL INC

2023 Q2 Form 10-Q Financial Statement

#000143774923013916 Filed on May 11, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $4.990M $4.012M
YoY Change -0.56% 10.29%
Cost Of Revenue $3.827M $3.620M
YoY Change -21.41% 6.74%
Gross Profit $1.163M $391.3K
YoY Change 684.75% 59.38%
Gross Profit Margin 23.3% 9.76%
Selling, General & Admin $2.406M $2.241M
YoY Change -2.29% -24.7%
% of Gross Profit 206.94% 572.74%
Research & Development $359.8K $342.6K
YoY Change -26.7% -43.16%
% of Gross Profit 30.95% 87.55%
Depreciation & Amortization $773.7K $756.6K
YoY Change -17.46% 1.38%
% of Gross Profit 66.55% 193.34%
Operating Expenses $2.765M $2.584M
YoY Change -41.68% -27.81%
Operating Profit -$1.603M -$2.193M
YoY Change -65.1% -34.23%
Interest Expense $120.1K -$126.6K
YoY Change -175.49% -2.88%
% of Operating Profit
Other Income/Expense, Net $33.35K -$211.1K
YoY Change -101.73% -50.64%
Pretax Income -$1.570M -$2.404M
YoY Change -75.93% -36.09%
Income Tax -$14.32K -$14.29K
% Of Pretax Income
Net Earnings -$1.555M -$2.390M
YoY Change -76.1% -36.22%
Net Earnings / Revenue -31.17% -59.57%
Basic Earnings Per Share -$0.27 -$0.05
Diluted Earnings Per Share -$0.27 -$0.05
COMMON SHARES
Basic Shares Outstanding 45.27M 45.27M
Diluted Shares Outstanding 5.660M 45.23M

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.13M $14.31M
YoY Change -37.77% 53.41%
Cash & Equivalents $12.59M $14.31M
Short-Term Investments
Other Short-Term Assets $4.980M $2.823M
YoY Change -5.17% -37.96%
Inventory $4.423M $4.422M
Prepaid Expenses
Receivables $2.960M $2.736M
Other Receivables $0.00 $0.00
Total Short-Term Assets $25.90M $26.74M
YoY Change -23.34% 10.13%
LONG-TERM ASSETS
Property, Plant & Equipment $7.526M $7.934M
YoY Change 4.4% -5.36%
Goodwill $230.0K $230.2K
YoY Change 4.5% -2.18%
Intangibles $165.0K $190.8K
YoY Change -35.87% -36.67%
Long-Term Investments
YoY Change
Other Assets $457.1K $457.4K
YoY Change -21.59% -26.11%
Total Long-Term Assets $11.43M $12.00M
YoY Change -2.66% -25.69%
TOTAL ASSETS
Total Short-Term Assets $25.90M $26.74M
Total Long-Term Assets $11.43M $12.00M
Total Assets $37.32M $38.74M
YoY Change -18.01% -4.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.963M $2.215M
YoY Change 2.19% 9.45%
Accrued Expenses $2.999M $2.699M
YoY Change -33.14% -46.91%
Deferred Revenue $878.2K $710.6K
YoY Change 47.56% 2.59%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $413.5K $410.1K
YoY Change 20.02% -96.07%
Total Short-Term Liabilities $6.843M $6.615M
YoY Change -13.36% -65.4%
LONG-TERM LIABILITIES
Long-Term Debt $7.868M $7.888M
YoY Change 5.48% 98.97%
Other Long-Term Liabilities $2.458M $2.611M
YoY Change 4141.83%
Total Long-Term Liabilities $10.45M $10.64M
YoY Change -0.94% -14.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.843M $6.615M
Total Long-Term Liabilities $10.45M $10.64M
Total Liabilities $17.30M $17.26M
YoY Change -6.26% -45.36%
SHAREHOLDERS EQUITY
Retained Earnings -$71.30M -$69.74M
YoY Change 12.39% 22.51%
Common Stock $5.700K $45.27K
YoY Change -87.01% 112.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.02M $21.49M
YoY Change
Total Liabilities & Shareholders Equity $37.32M $38.74M
YoY Change -18.01% -4.18%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$1.555M -$2.390M
YoY Change -76.1% -36.22%
Depreciation, Depletion And Amortization $773.7K $756.6K
YoY Change -17.46% 1.38%
Cash From Operating Activities -$1.471M -$2.285M
YoY Change -75.47% -54.61%
INVESTING ACTIVITIES
Capital Expenditures $203.0K $87.47K
YoY Change -533.39% -52.21%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$203.0K -$87.47K
YoY Change 339.68% -52.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -101.2K -$98.95K
YoY Change -100.7% -89.38%
NET CHANGE
Cash From Operating Activities -1.471M -$2.285M
Cash From Investing Activities -203.0K -$87.47K
Cash From Financing Activities -101.2K -$98.95K
Net Change In Cash -1.776M -$2.287M
YoY Change -121.23% -63.47%
FREE CASH FLOW
Cash From Operating Activities -$1.471M -$2.285M
Capital Expenditures $203.0K $87.47K
Free Cash Flow -$1.674M -$2.373M
YoY Change -71.86% -54.53%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
60628 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
59559 usd
CY2023Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
675137 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
663227 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9774851 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9046499 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
472098 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
438250 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
45271441
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
45271441
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43986079
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43986079
CY2022Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
14944 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062 pure
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
45271441
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43986079
CY2021Q3 liqt Class Of Warrant Or Right Issued By Exchange Shares
ClassOfWarrantOrRightIssuedByExchangeShares
500000
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-36210
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-1431677
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
Industriparken 22C, DK 2750
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Ballerup
CY2023Q1 dei Entity Address Country
EntityAddressCountry
DK
CY2023Q1 dei City Area Code
CityAreaCode
45
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
3131 5941
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.001 par value
CY2023Q1 dei Trading Symbol
TradingSymbol
LIQT
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
45271441
CY2023Q1 liqt Cash Cash Equivalents And Restricted Cash
CashCashEquivalentsAndRestrictedCash
14309933 usd
CY2022Q4 liqt Cash Cash Equivalents And Restricted Cash
CashCashEquivalentsAndRestrictedCash
16597371 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2736043 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2310344 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
4421748 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
4062001 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2447668 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2253295 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2088530 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1720902 usd
CY2023Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
734709 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
723872 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
26738631 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
27667785 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7934496 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8296807 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3190273 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3271997 usd
CY2023Q1 liqt Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
457398 usd
CY2022Q4 liqt Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
450038 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
190779 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
212933 usd
CY2023Q1 us-gaap Goodwill
Goodwill
230157 usd
CY2022Q4 us-gaap Goodwill
Goodwill
226095 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
12003103 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
12457870 usd
CY2023Q1 us-gaap Assets
Assets
38741734 usd
CY2022Q4 us-gaap Assets
Assets
40125655 usd
CY2023Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2215226 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1389355 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2699232 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3087206 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
410060 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
399198 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
579552 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
561182 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
710604 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
649557 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
6614674 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6086498 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
142946 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
154645 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2322913 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2384011 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2610721 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2710815 usd
CY2023Q1 us-gaap Senior Long Term Notes
SeniorLongTermNotes
5564842 usd
CY2022Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
5480314 usd
CY2023Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10641422 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10729785 usd
CY2023Q1 us-gaap Liabilities
Liabilities
17256096 usd
CY2022Q4 us-gaap Liabilities
Liabilities
16816283 usd
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
45270 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
43986 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
97092877 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
96936988 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-69740538 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-67351035 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5911971 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6320567 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21485638 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
23309372 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38741734 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
40125655 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4011519 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3637236 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3620177 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3391695 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
391342 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
245541 usd
CY2023Q1 us-gaap Selling Expense
SellingExpense
1182435 usd
CY2022Q1 us-gaap Selling Expense
SellingExpense
1059948 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1058949 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1916517 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
342619 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
602737 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
2584003 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
3579202 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2192661 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3333661 usd
CY2023Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
51673 usd
CY2022Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
99 usd
CY2023Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
12001 usd
CY2022Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
206461 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
84528 usd
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
297338 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-166278 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
75993 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-211134 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-427707 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2403795 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3761368 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14292 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14994 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2389503 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3746424 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45228596
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21350455
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2389503 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3746424 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
408596 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-355891 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1980907 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4102315 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
23309372 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
157173 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
408596 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2389503 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
21485638 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
12774860 usd
CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
0 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
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2389503 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3746424 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
756631 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
746357 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
84528 usd
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
297338 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
157173 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
178778 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
14292 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
379330 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
237953 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
283157 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
505962 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
151812 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
585678 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
336388 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1399481 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
791702 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
414995 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-433045 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
209038 usd
CY2023Q1 liqt Increase Decrease In Operating Lease Payments
IncreaseDecreaseInOperatingLeasePayments
-138699 usd
CY2022Q1 liqt Increase Decrease In Operating Lease Payments
IncreaseDecreaseInOperatingLeasePayments
-185804 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
48755 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-205206 usd
CY2023Q1 us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
-2136 usd
CY2022Q1 us-gaap Increase Decrease In Assets Held For Sale
IncreaseDecreaseInAssetsHeldForSale
-0 usd
CY2023Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
107201 usd
CY2022Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-1288522 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2285301 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5034944 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
87470 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
183031 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87470 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-183031 usd
CY2023Q1 liqt Proceeds Payments On Finance Lease Obligation
ProceedsPaymentsOnFinanceLeaseObligation
-98945 usd
CY2022Q1 liqt Proceeds Payments On Finance Lease Obligation
ProceedsPaymentsOnFinanceLeaseObligation
-91807 usd
CY2023Q1 liqt Proceeds From Repayments Of Convertible Debt
ProceedsFromRepaymentsOfConvertibleDebt
0 usd
CY2022Q1 liqt Proceeds From Repayments Of Convertible Debt
ProceedsFromRepaymentsOfConvertibleDebt
-840000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-98945 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-931807 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
184278 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-112537 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2287438 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6262319 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16597371 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17489380 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14309933 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11227061 usd
CY2023Q1 liqt Interest Paid During Period
InterestPaidDuringPeriod
-41506 usd
CY2022Q1 liqt Interest Paid During Period
InterestPaidDuringPeriod
203289 usd
CY2023Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2022 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-29205 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
60628 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
59559 usd
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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.
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1469325 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1440394 usd
CY2023Q1 us-gaap Cash Uninsured Amount
CashUninsuredAmount
275028 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
12999271 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
59559 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
409076 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-24534 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
-0 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
295778 usd
CY2023Q1 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
1069 usd
CY2023Q1 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
65701 usd
CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
118327 usd
CY2023Q1 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
1737063 usd
CY2022Q4 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
1603738 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2447668 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2253295 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
710604 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
649557 usd
CY2023Q1 liqt Revenue From Contract With Customer Including Assessed Tax Percentage
RevenueFromContractWithCustomerIncludingAssessedTaxPercentage
1 pure
CY2022Q1 liqt Revenue From Contract With Customer Including Assessed Tax Percentage
RevenueFromContractWithCustomerIncludingAssessedTaxPercentage
1 pure
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4011519 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3637236 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4011519 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3637236 usd
CY2023Q1 liqt Contract With Customer Costs Incurred
ContractWithCustomerCostsIncurred
4338453 usd
CY2022 liqt Contract With Customer Costs Incurred
ContractWithCustomerCostsIncurred
3860179 usd
CY2023Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
506509 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
950105 usd
CY2023Q1 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
327718 usd
CY2022Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
229006 usd
CY2023Q1 us-gaap Other Receivables
OtherReceivables
75804 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
45814 usd
CY2023Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
3445720 usd
CY2022 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
3363039 usd
CY2023Q1 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
1737063 usd
CY2022Q4 liqt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
1603738 usd
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
32599 usd
CY2022Q1 us-gaap Advertising Expense
AdvertisingExpense
55524 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
342619 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
602737 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<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.
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
498391 usd
CY2023Q1 liqt Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
2092942 usd
CY2023Q1 liqt Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
741592 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4217226 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
3230460 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1026953 usd
CY2023Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
67689 usd
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
66495 usd
CY2023Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
2721031 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2474227 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1155789 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
982973 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1152376 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1201533 usd
CY2023Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
675137 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
663227 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
4421748 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
4062001 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
98945 usd
CY2023Q1 liqt Finance Lease Expense
FinanceLeaseExpense
109165 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
188555 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
497487 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
3190273 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
2732973 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3190273 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3271997 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
579552 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
561182 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2610721 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2710815 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
3190273 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3271997 usd
CY2023Q1 liqt Property And Equipment Under Finance Lease Gross
PropertyAndEquipmentUnderFinanceLeaseGross
3947597 usd
CY2022Q4 liqt Property And Equipment Under Finance Lease Gross
PropertyAndEquipmentUnderFinanceLeaseGross
3877955 usd
CY2023Q1 liqt Property And Equipment Under Finance Lease Accumulated Depreciation
PropertyAndEquipmentUnderFinanceLeaseAccumulatedDepreciation
631838 usd
CY2022Q4 liqt Property And Equipment Under Finance Lease Accumulated Depreciation
PropertyAndEquipmentUnderFinanceLeaseAccumulatedDepreciation
544653 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
410060 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
399198 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2322913 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2384011 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
2732973 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2783209 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061 pure
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.022 pure
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.022 pure
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
568313 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
420124 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
615177 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
537720 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
320664 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
534241 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
310065 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
498391 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
310065 usd
CY2023Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1350000 eur
CY2023Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1470000 usd
CY2023Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
259366 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
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
898072 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
962313 usd
CY2023Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
22579 usd
CY2022 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
86256 usd
CY2023Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
239052 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
93653 usd
CY2023Q1 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-13343 usd
CY2022 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
56844 usd
CY2023Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
694943 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
898072 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2389503 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3746424 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45228596
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21350455
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45228596
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21350455
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
45271441
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43986079
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
35920000
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1015000
CY2023Q1 liqt Class Of Warrant Or Right Issued During Period
ClassOfWarrantOrRightIssuedDuringPeriod
0
CY2022Q1 liqt Class Of Warrant Or Right Issued During Period
ClassOfWarrantOrRightIssuedDuringPeriod
0
CY2023Q1 liqt Class Of Warrant Or Right Exercised Or Converted During Period
ClassOfWarrantOrRightExercisedOrConvertedDuringPeriod
0
CY2022Q1 liqt Class Of Warrant Or Right Exercised Or Converted During Period
ClassOfWarrantOrRightExercisedOrConvertedDuringPeriod
0
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
35920000
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
1015000
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4011519 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3637236 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2389503 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3746424 usd
CY2023Q1 us-gaap Assets
Assets
38741734 usd
CY2022Q4 us-gaap Assets
Assets
40125655 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
liqt-20230331_lab.xml Edgar Link unprocessable
0001437749-23-013916-index-headers.html Edgar Link pending
0001437749-23-013916-index.html Edgar Link pending
0001437749-23-013916.txt Edgar Link pending
0001437749-23-013916-xbrl.zip Edgar Link pending
ex_518336.htm Edgar Link pending
ex_518337.htm Edgar Link pending
ex_518338.htm Edgar Link pending
ex_518339.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
liqt-20230331.xsd Edgar Link pending
liqt20230331_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
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
liqt-20230331_cal.xml Edgar Link unprocessable
liqt-20230331_def.xml Edgar Link unprocessable
liqt-20230331_pre.xml Edgar Link unprocessable
liqt20230331_10q_htm.xml Edgar Link completed
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
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