UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                (Amendment No. )*


                         Liquidmetal Technologies, Inc.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $.001 per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                     53634X
    ------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2003
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

             [_]              Rule 13d-1(b)

             [X]              Rule 13d-1(c)

             [_]              Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


                        (Continued on following page(s))
                                Page 1 of 5 Pages



------------------------------------------------------
CUSIP No. 53634X
------------------------------------------------------


================================================================================
    1        NAME OF REPORTING PERSONS
             I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

             James Kang
--------------------------------------------------------------------------------
    2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                                                                        (a) [_]
                                                                        (b) [_]

--------------------------------------------------------------------------------
    3        SEC USE ONLY

--------------------------------------------------------------------------------
    4        CITIZENSHIP OR PLACE OF ORGANIZATION

             United States
--------------------------------------------------------------------------------
                                 5     SOLE VOTING POWER
          NUMBER OF                    6,242,297
            SHARES           ---------------------------------------------------
         BENEFICIALLY            6     SHARED VOTING POWER
           OWNED BY                    969
             EACH            ---------------------------------------------------
          REPORTING              7     SOLE DISPOSITIVE POWER
            PERSON                     6,242,297
             WITH            ---------------------------------------------------
                                 8     SHARED DISPOSITIVE POWER
                                       969
--------------------------------------------------------------------------------
    9         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              6,243,266
--------------------------------------------------------------------------------
   10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
              SHARES (SEE INSTRUCTIONS)                                     [_]

--------------------------------------------------------------------------------
   11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

              14.31%
--------------------------------------------------------------------------------
   12         TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

              IN
================================================================================


                                Page 2 of 5 Pages


------------------------------------------------------
CUSIP No. 53634X
------------------------------------------------------


             Item 1(a).       Name of Issuer:
             ---------        --------------

                              Liquidmetal Technologies, Inc.

             Item 1(b).       Address of Issuer's Principal Executive Offices:
             ---------        -----------------------------------------------

                              25800 Commercentre Dr., Suite 100, Lake Forest,
                              California 92630

             Item 2(a).       Name of Person Filing:
             ---------        ---------------------

                              James Kang

             Item 2(b).       Address of Principal Business Office or, if none,
             ---------        -------------------------------------------------
                              Residence:
                              ---------

                              25800 Commercentre Dr., Suite 100, Lake Forest,
                              California 92630

             Item 2(c).       Citizenship:
             ---------        -----------

                              United States

             Item 2(d).       Title of Class of Securities:
             ---------        ----------------------------

                              Common Stock, par value $.001 per share

             Item 2(e).       CUSIP Number:
             ---------        ------------

                              53634X

             Item  3.         If this statement is filed pursuant to Rules
             -------          --------------------------------------------
                              13d-1(b), or 13d-2(b) or (c), check whether the
                              -----------------------------------------------
                              person filing is a:
                              ------------------

                              N/A

             Item 4.          Ownership (as of December 31, 2002)
             -------          -----------------------------------

                              (a)   Amount Beneficially Owned: 6,243,266

                              (b)   Percent of Class: 14.31%


                                Page 3 of 5 Pages

------------------------------------------------------
CUSIP No. 53634X
------------------------------------------------------

                              (c)   Number of shares as to which such person
                                    has:

                                    (i)   sole power to vote or to direct the
                                          vote:

                                          6,242,297*

                                    (ii)  shared power to vote or to direct the
                                          vote:

                                          969**

                                    (iii) sole power to dispose or to direct the
                                          disposition of:

                                          6,242,297*

                                    (iv)  shared power to dispose or to direct
                                          the disposition of:

                                          969**

                              *Includes 2,017,204 shares that the reporting
                              person has the right to acquire pursuant to Rule
                              13d-3 upon the exercise of outstanding stock
                              options.
                              **These shares are held by the reporting person's
                              minor children.

             Item 5.          Ownership of Five Percent or Less of a Class.
             ------           --------------------------------------------

                              N/A

             Item 6.          Ownership of More than Five Percent on Behalf of
             ------           ------------------------------------------------
                              Another Person.
                              ---------------

                              N/A

             Item 7.          Identification and Classification of the
             ------           ----------------------------------------
                              Subsidiary Which Acquired the Security Being
                              Reported on By the Parent Holding Company.
                              --------------------------------------------------

                              N/A

             Item 8.          Identification and Classification of Members of
             ------           -----------------------------------------------
                              the Group.
                              ---------

                              N/A

             Item 9.          Notice of Dissolution of Group.
             ------           ------------------------------

                              N/A

             Item 10.         Certification.
             -------          -------------

                              By signing below I certify that, to the best of my
                              knowledge and belief, the securities referred to
                              above were not acquired and are not held for the
                              purpose of or with the effect of changing or
                              influencing the control of the issuer of the
                              securities and were not acquired and are not held
                              in connection with or as a participant in any
                              transaction having that purpose or effect.


                                Page 4 of 5 Pages


------------------------------------------------------
CUSIP No. 53634X
------------------------------------------------------


                                    SIGNATURE


                After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.



         February 12, 2004
         -----------------------------------
         Date


         /s/ James Kang
         -----------------------------------
         Signature


         James Kang
         -----------------------------------
         Name/Title









                                Page 5 of 5 Pages