<SEC-DOCUMENT>0000950170-25-069192.txt : 20250512
<SEC-HEADER>0000950170-25-069192.hdr.sgml : 20250512
<ACCEPTANCE-DATETIME>20250512160921
ACCESSION NUMBER:		0000950170-25-069192
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20250508
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250512
DATE AS OF CHANGE:		20250512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIQUIDITY SERVICES INC
		CENTRAL INDEX KEY:			0001235468
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				522209244
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51813
		FILM NUMBER:		25934853

	BUSINESS ADDRESS:	
		STREET 1:		6931 ARLINGTON ROAD
		STREET 2:		SUITE 460
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
		BUSINESS PHONE:		2024676868

	MAIL ADDRESS:	
		STREET 1:		6931 ARLINGTON ROAD
		STREET 2:		SUITE 460
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>lqdt-20250508.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<!-- DFIN New ActiveDisclosure (SM) Inline XBRL Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2025-05-12T12:26:34.5393+00:00 -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:nonNumeric="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2022-02-16" xmlns:lqdt="http://www.liquidityservices.com/20250508">
 <head>
  <title>8-K</title>
  <meta http-equiv="Content-Type" content="text/html"/>
 </head>
 <body style="padding:8px;margin:auto!important;z-index:0;position:relative;">
  <div style="display:none;"><ix:header><ix:hidden><ix:nonNumeric id="F_7697f78a-0e1c-493d-bab2-c1ef1f0fbe6f" name="dei:EntityCentralIndexKey" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6">0001235468</ix:nonNumeric><ix:nonNumeric id="F_f3df8b12-64a8-458f-aef6-16466e675b70" name="dei:AmendmentFlag" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6">false</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:type="simple" xlink:href="lqdt-20250508.xsd"/></ix:references><ix:resources><xbrli:context id="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001235468</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2025-05-08</xbrli:startDate><xbrli:endDate>2025-05-08</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div>
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="border-top:2.25pt double #000000;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:5.75pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">UNITED STATES<br/>SECURITIES AND EXCHANGE COMMISSION<br/></span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">WASHINGTON, D.C. 20549</span></p><p style="margin-left:40%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><h2 style="font-size:10pt;margin-top:10pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">FORM </span><span style="font-size:18pt;font-family:Times New Roman;"><ix:nonNumeric id="F_9dcc2f3e-1e40-450c-82ef-5156c260cd07" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:DocumentType"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">8-K</span></ix:nonNumeric></span></h2><p style="margin-left:40%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">CURRENT REPORT</span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:6pt;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;margin-right:0.398%;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Date of Report (Date of earliest event reported): </span><span><ix:nonNumeric id="F_34746037-d0b7-45f0-9b75-5e1d379c46ff" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">May 08, 2025</span></ix:nonNumeric></span></p></td>
    </tr>
   </table><p style="margin-left:40%;font-size:10pt;margin-top:5pt;font-family:Times New Roman;margin-bottom:0;margin-right:40%;text-align:center;"><img src="img214892870_0.jpg" alt="img214892870_0.jpg" style="width:137px;height:78px;"/></p><p style="margin-left:40%;font-size:10pt;margin-top:5pt;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:5pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="font-size:20pt;font-family:Times New Roman;"><ix:nonNumeric id="F_bb64effd-ee11-4b81-ad81-57c68ba50352" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityRegistrantName"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:20pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Liquidity Services, Inc.</span></ix:nonNumeric></span></p><p style="font-size:10pt;margin-top:3pt;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:7.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">(Exact name of Registrant as Specified in Its Charter)</span></p><p style="margin-left:40%;font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:20%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:20%;box-sizing:content-box;"/>
     <td style="width:18%;box-sizing:content-box;"/>
     <td style="width:41%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_36cf5b16-7227-452e-9fd3-59c1afa89404" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Delaware</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_2f335f3d-1c1d-4ef4-8805-9a563f25a4f5" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityFileNumber"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">0-51813</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_ec98ec28-0989-4f34-8b7c-537415afee09" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityTaxIdentificationNumber"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">52-2209244</span></ix:nonNumeric></span></p></td>
    </tr>
    <tr style="height:7pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(State or Other Jurisdiction<br/>of Incorporation)</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(Commission File Number)</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(IRS Employer<br/>Identification No.)</span></p></td>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_50d1485f-27e0-470d-873d-228abe3cba76" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityAddressAddressLine1"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">6931 Arlington Road</span></ix:nonNumeric></span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_9c815501-f431-4001-8b95-af47b6fc0c99" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityAddressAddressLine2"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Suite 460</span></ix:nonNumeric></span></p></td>
     <td colspan="2" style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td colspan="3" style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_dd73df94-3f55-4da1-a7a9-e07ce20ea690" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityAddressCityOrTown"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Bethesda</span></ix:nonNumeric></span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">, </span><span><ix:nonNumeric id="F_d8f8b6c2-11cb-4b04-9dc7-ce78f3872e5e" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Maryland</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:bottom;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_9d0b51af-6f0d-4799-a3f3-6909c3f424bf" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityAddressPostalZipCode"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">20814</span></ix:nonNumeric></span></p></td>
    </tr>
    <tr style="height:7pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td colspan="3" style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(Address of Principal Executive Offices)</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:7.5pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">(Zip Code)</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.125in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;margin-right:0.398%;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Registrant&#8217;s Telephone Number, Including Area Code:</span><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span><span><ix:nonNumeric id="F_fc140af3-734a-42c9-b335-0df87fbd32bc" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:CityAreaCode"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">202</span></ix:nonNumeric></span><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;"> </span><span><ix:nonNumeric id="F_de19cb08-17b6-43af-a977-a405e9952846" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:LocalPhoneNumber"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">4676868</span></ix:nonNumeric></span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:100%;box-sizing:content-box;"/>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;text-align:left;">
     <td style="padding-top:0.125in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:7.5pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">(Former Name or Former Address, if Changed Since Last Report)</span></p><p style="margin-left:40%;font-size:10pt;margin-top:9.35pt;font-family:Times New Roman;margin-bottom:0;border-bottom:0.75pt solid #000000;margin-right:40%;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:9.35pt;font-family:Times New Roman;margin-bottom:6pt;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </span></p><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:3pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_1c6bf4da-4d3b-4b96-b6f1-1f1525978a0d" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:6pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_68d77b81-ad7c-4b7b-b0b6-61f15a408fa8" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:6pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_6fffdbbf-c99a-42ee-9268-38e84eb56780" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div><div style="text-indent:-24.5pt;padding-left:24.5pt;margin-top:6pt;margin-bottom:0;text-align:left;"><span style="margin-right:1em;margin-right:1em;"><span style="font-size:10pt;font-family:Times New Roman;"><ix:nonNumeric id="F_5989a00b-6296-4791-9e37-b68cb013699d" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:9pt;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Securities registered pursuant to Section 12(b) of the Act:</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:38%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:15%;box-sizing:content-box;"/>
     <td style="width:1%;box-sizing:content-box;"/>
     <td style="width:45%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;"><br/>Title of each class</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid #ffffff03;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">Trading<br/>Symbol(s)</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid #ffffff03;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.25pt solid;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;"><br/>Name of each exchange on which registered</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_21e6e9d5-7edd-4bb1-8f5e-b40e978276e9" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:Security12bTitle"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Common Stock, $0.001 par value</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_e10c426c-780e-4bad-acbd-23667c50d7cc" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:TradingSymbol"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">LQDT</span></ix:nonNumeric></span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td style="padding-top:0.01in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span><ix:nonNumeric id="F_906953c9-7cb1-4e10-b03b-98743f5c2846" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">The Nasdaq Stock Market</span></ix:nonNumeric></span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;&#8239;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;&#8239;240.12b-2 of this chapter).</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Emerging growth company </span><span style="font-size:10pt;"><ix:nonNumeric id="F_1b53fd00-0b6f-4b7c-b28f-a2a180c8144d" contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox"><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></ix:nonNumeric></span></p><p style="font-size:10pt;margin-top:9pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span><span style="font-size:10pt;font-family:Times New Roman;">&#9744;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;border-bottom:2.25pt double #000000;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;"/>
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Item 8.01 Other Matters.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Attached hereto as Exhibit 99.1 is the transcript for the earnings conference call of the Company held on May 8, 2025.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"><br/>The information in this Current Report on Form 8-K, including the exhibits attached hereto, shall be considered "furnished" pursuant to Item 8.01 of Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, nor shall it be deemed incorporated by reference into any of the Company's reports or filings with Securities and Exchange Commission, whether made before or after the date thereof, except as expressly set forth by specific reference in such report or filing.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Item 9.01.     Financial Statements and Exhibits</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"><br/>(d)      Exhibits</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"><br/>99.1               </span><a href="lqdt-ex99_1.htm"><span style="color:#0000ff;white-space:pre-wrap;text-decoration:underline solid;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Transcript for Earnings Call May 8, 2025</span></a></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;"/>
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">SIGNATURES</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="text-indent:6.667%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p>
   <table style="border-spacing:0;table-layout:auto;width:100.0%;border-collapse:separate;">
    <tr style="visibility:collapse;">
     <td style="width:50.815%;box-sizing:content-box;"/>
     <td style="width:3.907%;box-sizing:content-box;"/>
     <td style="width:4.75%;box-sizing:content-box;"/>
     <td style="width:40.528%;box-sizing:content-box;"/>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td colspan="3" style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-kerning:none;min-width:fit-content;">LIQUIDITY SERVICES, INC.</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td colspan="3" style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;text-align:left;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">(Registrant)</span></p></td>
    </tr>
    <tr style="white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td colspan="3" style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Date:  May 12, 2025</span></p></td>
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">By:</span></p></td>
     <td colspan="2" style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;border-bottom:0.5pt solid;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">/s/ Mark A. Shaffer</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td colspan="2" style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Name:</span></p></td>
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Mark A. Shaffer</span></p></td>
    </tr>
    <tr style="height:10pt;white-space:pre-wrap;word-break:break-word;">
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-kerning:none;min-width:fit-content;">&#160;</span></p></td>
     <td colspan="2" style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Title:</span></p></td>
     <td style="padding-top:0in;padding-left:0in;vertical-align:top;padding-bottom:0in;padding-right:0in;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-kerning:none;min-width:fit-content;">Chief Legal Officer and<br/>Corporate Secretary</span></p></td>
    </tr>
   </table><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:center;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">&#160;</span></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;"/>
 </body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>lqdt-ex99_1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<html>
 <head>
  <title>EX-99.1</title>
 </head>
 <body style="padding:8px;margin:auto!important;z-index:0;position:relative;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:right;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Exhibit 99.1</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Liquidity Services, Inc. (NASDAQ: LQDT) Q2 2025 Earnings Call Transcript May 8, 2025 10:30 AM ET</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Company Participants</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Michael Patrick - VP &amp; Controller<br>Bill Angrick - Chairman and Chief Executive Officer<br>Jorge Celaya - Executive Vice President and Chief Financial Officer</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Conference Call Participants</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:left;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Gary Prestopino - Barrington<br>George Sutton - Craig-Hallum</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Welcome to the Liquidity Services, Inc. Second Quarter Fiscal Year 2025 Financial Results Conference Call. My name is Michelle, and I'll be your operator for today's call. Please note that this call is being recorded.</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">[Operator Instructions]</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">I will now turn the call over to Michael Patrick, Liquidity Services' Vice President and Controller.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Michael Patrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Good morning. On the call today are Bill Angrick, our Chairman and Chief Executive Officer; and Jorge Celaya, our Executive Vice President and Chief Financial Officer. They will be available for questions after their prepared remarks.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">The following discussion and responses to your questions reflect management's views as of today, May 8, 2025 and will include forward-looking statements. Actual results may differ materially. Additional information about factors that could potentially impact our financial results is included in today's press release and in filings with the SEC, including our most recent annual report on Form 10-K. As you listen to today's call, please have our press release in front of you, which includes our financial results as well as metrics and commentary on the quarter.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">During this call, management will discuss certain non-GAAP financial measures. In our press release and filings with the SEC, each of which is posted on our website, you will find additional disclosures regarding these non-GAAP measures, including the reconciliations of these measures with their most comparable GAAP measures as available.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Management also uses certain supplemental operating data as a measure of certain components of operating performance, which we also believe is useful for management and investors. This supplemental operating data includes gross merchandise volume and should not be considered a substitute for or superior to GAAP results.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">At this time, I will turn the presentation over to our Chairman and CEO, Bill Angrick.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill Angrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Good morning, and welcome to our Q2 earnings call. I'll review our Q2 performance and the progress of our business segments. And next, Jorge Celaya will provide more details on the quarter.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Our team made significant progress towards our strategic, financial and operational goals this past quarter,</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">notwithstanding emerging economic uncertainty. We expanded our market presence and service offerings and are moving closer to our midterm goal of $2 billion of annual GMV with our current GMV annualized run rate of $1.67 billion. We are growing our volumes, buyer base and recovery rate in key high-value categories such as construction, equipment, trucks, vehicles and consumer return goods.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">During Q2, we set new records in the number of sellers, assets listed and better participation in these categories. We also continue to drive adoption of our asset-light services in all segments and are transacting approximately 80% or more of our total GMV under the consignment pricing model. Despite significant investment in our business expansion and product road map initiatives, we are also meeting our goal of a 20% EBITDA margin as a percentage of direct profit or net revenue. We generated over $21 million of operating cash flow during Q2 and have a debt-free balance sheet with $149 million of cash to execute both our organic and M&amp;A growth strategies.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Now let's take a closer look at each segment. Our GovDeals segment continues to successfully serve customers in both government and government adjacent markets and the sale of used equipment, vehicles and other commercial assets. Through this growth process, we have expanded our GovDeals target addressable market to an estimated $5.4 billion. During Q2, GovDeals attracted new higher-volume clients who previously relied on full-service auctioneers by implementing our innovative hybrid solutions and leverage our scalable online marketplaces. Recent examples of these wins include New York City, Buffalo, New York, Boston, Sacramento, California, Fairfax County, Virginia and Amarillo, Texas. GovDeals has also driven consistent account acquisition and expansion of existing accounts, which has resulted in 12% organic growth in the number of assets listed in the first half of fiscal year '25 on our GovDeals platform.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Vehicle volumes have also grown steadily year-over-year, noting, however, that given the current tariff policies, it is likely that vehicle supply chains will undergo some disruption in the future and used vehicle prices are likely to rise at some point during this period. Our CAG segment posted solid results during Q2 with double-digit organic growth in GMV. The breadth of our CAG marketplace was on display during Q2 as we completed transactions in the U.S., the U.K., India, Poland, Sweden and China across a variety of verticals, including energy, biopharma, consumer packaged goods and industrial machinery. Our growing CAG heavy equipment category continued its rapid growth, setting records for the number of unique sellers, repeat sellers, GMV and completed transactions during Q2. Buyers continue to be attractive to the savings, immediacy and convenience offered in our used equipment marketplaces.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">During Q2, we enjoyed record buyer participation in our CAG segment as the number of auction participants grew 95% and 70% year-over-year, respectively, and our heavy equipment and CAG industrial verticals during Q2. Our RSCG segment expanded its relationships with sellers across categories and geographies to drive 29% year-over-year growth in GMV during Q2. Margins were roughly flat year-over-year due to a weakening consumer, higher inbound purchase rates and logistics costs. Our market share gains have been fueled by the high quality and reliability of our solution, which ensures that our retail clients benefit financially and operationally from our services. In fact, we are now offering our sell-in-place software solution to some of the largest e-commerce players outside of the U.S. to manage and sell their return goods on our platform, demonstrating how our investment in easy-to-use listing tools and multilingual capabilities is paying off.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Our observation is that the current economic climate is putting pressure on many players in the retail liquidation industry, which has historically led to greater levels of insolvency or bankruptcy of service providers which has adverse operational and financial impacts on retailers. Also, it is unclear whether cash strapped consumers are prepared to absorb higher cost of goods due to new tariff policies. Against this backdrop, Liquidity Services offers the retail industry a safe harbor for our clients and buyers by providing consistent, reliable, secure and scalable performance. In particular, our multichannel buyer base and value-added logistic services have been critical to assisting our retail clients in navigating this uncertain economic environment.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Finally, our Machinio and our newly launched software solutions business each continued to add customer value by enhancing our service offerings and expanding our market reach. Machinio is strengthening its value</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">proposition by integrating e-commerce, payment, shipping services in new e-mail marketing campaign tools to enable used equipment sellers to more efficiently manage their sales. We continue to invest in platform improvements and have increased our capacity to innovate through our software solutions business, which includes our acquired Auction Software business and software development team. Collectively, our product teams are hard at work introducing new features in the front end and back end of our marketplace platform, including AI-assisted asset description tools and asset alerts, white-label client landing pages, text notifications during the bid process and mobile responsive asset upload templates.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">As we've noticed, clients across all industries are grappling with the effects of emerging tariffs on their supply chains, which could impact the timing and volume of asset sales, including retail goods and used vehicles. However, our market-leading solutions help our seller clients and buyers respond to economic uncertainty and evolving supply chains by offering flexible and liquid marketplaces to transact any type of equipment or asset in all regions of the globe. With our strong financial foundation and strategic focus, we are very well positioned to seize emerging opportunities to drive long-term growth, even in uncertain times.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">I'll now turn it over to Jorge for more details on the quarter.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Jorge Celaya</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Good morning, and thank you, Bill. During the second quarter of fiscal year 2025, we grew our consolidated GMV 15% to $367.4 million as each of our segments advance their goals to generate growth through expanding service offerings and market share. Our ongoing efforts to create operating expense leverage was again realized during this quarter, resulting in the improvement across our key profitability metrics.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Our fiscal second quarter performance was consistent with our guidance range despite encountering some weather-related delays earlier in the quarter. Comparing our results for the second quarter of fiscal year 2025 to the same quarter last year, our revenue grew 27% to $116.4 million, consistent with the guidance we provided with our revenue to GMV ratio. Consistent with the first quarter of fiscal year 2025, revenue has continued to grow faster than GMV, mainly due to our market share gains, resulting in expansion of lower touch purchase programs in our retail segment. Our GAAP earnings per share increased 22% to $0.22 and 15% to $0.31 on a non-GAAP adjusted basis. Our non-GAAP adjusted EBITDA was $12.2 million, slightly above last year. In addition to the early quarter weather-related delays that affected GovDeals, our retail segment experienced some delays in buyer demand. And last year, our fiscal second quarter benefited from catching up on retail and CAG GMV delayed from the first quarter of fiscal year 2024.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">We ended the fiscal second quarter of 2025 with $149 million in cash, cash equivalents and short-term investments. We generated $21.6 million of cash from operations during the quarter and used $6.3 million to acquire Auction Software. We continue to have 0 debt and following an amendment entered into this week, improving our line of credit capacity and terms, we currently have $26 million of available borrowing capacity under our credit facility. We continue to expect our near-term capital expenditures to not significantly vary relative to our recent historical averages. Specifically comparing segment results from this fiscal second quarter of 2025 to the same quarter last year, our retail segment was up 29% on GMV and up 46% of revenue, driven by increased volumes from our client purchase model programs relative to our consignment programs.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Segment direct profit was slightly down by 3%. Our Capital Assets Group segment was up 14% on GMV, led especially by continued market share increases with recurring sellers of low-touch heavy equipment. Revenue was down 22% and segment direct profit was down 6% as increases in heavy equipment consignment GMV were offset by last year's comparable fiscal second quarter of 2024 that included large international spot purchase transactions that had been delayed from the first fiscal quarter of 2024. Our GovDeals segment GMV was up 9%, revenue up 5% and segment direct profit up 3%. These results reflect impacts from weather-related delays during the quarter and reflects growth in our lower take rate real estate category.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Our Machinio and Software Solutions businesses, in total, increased revenue by 22% resulting in segment direct</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">profit being up 19% on a combined basis, driven by Machinio's continued solid performance and from the acquisition of Auction Software. Our outlook for the third quarter of fiscal year 2025 reflects solid year-over-year growth at the midpoint of our range. While we currently have a positive outlook to this upcoming quarter, our low end of guidance reflects the potential for more volatility given the uncertainties in the macroeconomic environment. We do not currently anticipate significant near-term disruptions from the global economic uncertainties with mainly our CAG segment experiencing some delayed cross-border transactions as we entered this fiscal third quarter. We still anticipate the CAG segment to grow the top line year-over-year, led by our heavy equipment and industrial categories.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">While vehicle volumes were tempered this past fiscal second quarter, and can experience delays during uncertain economic cycles, we began the fiscal third quarter with solid volumes year-over-year in our GovDeals segment. In our guidance, our fiscal third quarter for GovDeals reflects its traditional seasonal peak in GMV. The expanded purchase programs in our RSCG segment are expected to increase retail GMV and revenue year-over-year and sequentially, with revenue growing at a higher rate than GMV and with a higher overall mix of lower touch product flows, improving the overall results. Machinio and our newly acquired Software Solutions business are expected to see growth in revenues year-over-year. On a consolidated basis, consignment GMV is expected to continue to be in the low 80s as a percentage of total GMV as our GovDeals segment enters its seasonally high quarter. Consolidated revenue as a percent of GMV is expected to be approximately 30%. And the total of our segment direct profit as a percent of consolidated revenue is expected to again be in the low to mid-40 percentage range. These ratios can vary based on our overall business mix, including asset categories in any given period.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Consistent with prior year trends, we anticipate sequential growth in our top line results for the second half of our fiscal year compared to the first half. This growth in related operating leverage have historically driven sequential improvements in our key profit metrics and ratios when comparing the second fiscal year half to the first half of our fiscal year. Management's guidance for the third quarter of fiscal year 2025 is as follows: We expect GMV to range from $395 million to $430 million. GAAP net income is expected to range in the range of $6 million to $9 million with corresponding GAAP diluted earnings per share ranging from $0.18 to $0.28 per share. Non-GAAP adjusted diluted ear</font><font style="color:#767676;white-space:pre-wrap;font-weight:bold;font-size:10.5pt;font-family:'Roboto',sans-serif;font-style:italic;font-kerning:none;min-width:fit-content;">Gary Prestopino</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">nings per share is estimated in the range of $0.27 to $0.36 per share. We estimate non-GAAP adjusted EBITDA to range from $14.5 million to $17.5 million. The GAAP and non-GAAP EPS guidance assumes that we have approximately 32.5 million to 33 million fully diluted weighted average shares outstanding for the third quarter of fiscal year 2025.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Thank you, and we will now take your questions.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Question-and-Answer Session</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">[Operator Instructions] And our first question comes from Gary Prestopino with Barrington.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Gary Prestopino</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">A couple of questions. I just -- in the segments where you cited weather, particularly GovDeals, was that impact there related to more of the vehicle turnover versus what you're doing in real estate? And it really just stemmed from cold weather or whatever. I'm just trying to get a handle on what happened in the quarter related to weather for you guys?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill Angrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Sure. The storms that came through, particularly the Southeast, you had a variety of tornadoes and extreme weather events that came through. That does affect a lot of the rolling stock listing process that occurs at these various locations. So people are under shelter, closing offices and therefore, access to the physical assets is interrupted. That's primarily what we're referring to.</font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Gary Prestopino</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Okay. That's fine. And then I want to just talk about briefly what happened in the quarter? It looks like on $78 million or so of purchase revenue, you generated about $8.9 million of gross profit. Last year, you did $53 million of revenue and $8.8 million or $8.9 million of gross profit. So bottom line is significant step down in the gross profit on the purchase transactions. And I think that kind of skewed the quarter quarterly results in terms of the adjusted EBITDA. So was that something where you're working with third parties and they got a percentage of the profitability on a sale? Or could you elaborate on that?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill Angrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Sure. I'll give a couple of comments and Jorge can add his. There's a mix there both between industrial CAG, principal deals and then retail supply chain purchase model programs. We have used a variety of third parties to refer business to us. And in some cases, sales can occur with a rev share that would reduce the -- our take rate and margin realized on the sales. Additionally, we had a number of inbound logistics costs, setup costs for some new purchase model programs in retail, which reduced profitability on that, along with some multiyear agreed step-up in rates for certain product categories that also compress margins. And I think there was a little ripple of consumer demand being tempered as people were holding on to cash, trying to understand exactly what -- to what extent the economy would change relative to some of these new policies at the federal level.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Jorge Celaya</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">And yes, Gary, just to add to that a bit. So we also have to remember that in the second quarter of last year, we had all the catch-up from the first quarter of CAG and retail. So when we're comparing the second quarter to the last -- second quarter last year, we had some unusual benefits last year in the second quarter. But also to add to what Bill said, the mix of product or the mix of contract that we're getting, when we refer, for example, in retail to a shift to lower touch purchase products. That usually means that lower touch, we have a lower operating expense. So despite the potential of having on those individual contracts even when blended take rates or direct profits may look like they're down, they can be offset by the operating expenses that we don't necessarily need to have to support this lower touch programs.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">So if you look at our operating tech and ops line, you're going to see a sequential drop in expense. And when we commented on operating leverage, these are the kind of things that we need. So it's not necessarily a direct correlation between the direct profit and EBITDA, for example, because it will depend on your mix that you may not need all the operational costs. And as Bill said, we also had some delays on selling through like in retail. So we're holding inventory, we have transportation costs, and these are things that should be sold in the next month or the next quarter. And then you're not going to have those transportation costs, right? You've already taken them in the prior quarter. So things like that, all of the above is what slightly changes these numbers, right? Not anything is perfect and tying perfectly in business.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Operator</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Our next question comes from George Sutton with Craig-Hallum.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">George Sutton</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill, I wondered if we could just walk through a world where tariffs increase the cost for new items. And you obviously are a predominantly used marketplace. Generically, shouldn't that be to your favor?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill Angrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Yes. We know from a few business cycles over the last 20 years. There's a preference to trade down to the used equipment market when either there's a price gauging effect on new equipment or new equipment simply not</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">available. We've seen this in the construction vertical, the used equipment vertical, a variety of other industrial categories. So on balance, used equipment to safe harbor for buyers, certainly stimulates activity in the marketplace. And we saw, George, record activity in our heavy equipment marketplace and our industrial vertical in the used vehicle GovDeals vertical.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">George Sutton</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">You have been targeting more of the federal agencies and federal government for opportunities with those being as impactful as we would expect it to be. How do you feel positioned for opportunities there?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill Angrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">I think we've got a perfect complement of solutions. I think the reality is this is a slow moving, very complex inter-agency process. We are a known quantity. I think we'll have an opportunity, the timing of which we can't precisely predict. But we have done pilots successfully for federal agencies, and we stand ready to serve.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">George Sutton</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">You mentioned with your Auction Software business, you've created some new features, both in the front and the back end. I think you've also been looking to marry that with your Machinio to perhaps make that a more vibrant set of offerings. Can you just give us some more specificity as to what kinds of things you're creating there and what types of opportunities that creates?</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Bill Angrick</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Sure. Well, everything we sell has to be described and photograph and listed. So there's tremendous potential with AI computer vision tools to use image recognition and supplement that with some automated rich listing that will be very easy to feed to search engines and our own internal marketplace categories. So that process, that automation process has great mid- and long-term potential to reduce listing costs and labor costs.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">On the buyer side, the ability to more precisely match what buyers have demonstrated their interest are through browsing, bidding, history is another area of improvement. We think we can increase the conversion rate on the platform, which will ultimately improve GMV, revenue, direct profit. We have a number of activities on the uploading of assets through mobile devices. That process just reduces the number of steps and makes it easier to use. A handheld mobile device to take the process from cradle to grave, going out, capturing the images, uploading them in fewer steps. That's tremendous.</font><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;"> </font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">We've also been giving sellers more personalized landing pages inside our marketplace to append data that buyers might find interesting. If you have a seller, perhaps it's the New York City, New York City has a little bit more brand identity inside our GovDeals marketplace. We're testing a lot of features that give buyers greater visibility to that particular seller, what their history is, how quickly they ship, what type of assets they sold. I think that's very helpful. We've also been using the software engineering team to expand third-party selling tools on our platform. We have a very large international e-commerce player who is now listing and selling return goods on our retail platform and the ability to make it easy for them to access our tools through and integrate tools through publicly available APIs and have that listing come in across different languages is very helpful and that's another vector of growth for us where we don't have to touch the asset. We're simply expanding the use cases to international users.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">So just a variety of things. In many cases, the Auction Software transaction was an acquisition of talent and engineering capacity as well as a book of business of midsized small businesses selling online, and that's an area of opportunity, George.</font></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:12pt;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Operator</font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
  <div style="z-index:2;min-height:0.5in;position:relative;"></div>
  <div class="main-content-container" style="z-index:5;position:relative;"><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><font style="color:#000000;white-space:pre-wrap;font-size:12pt;font-family:Times New Roman;font-kerning:none;min-width:fit-content;">Thank you. We have no further questions at this time. This does conclude the question-and-answer session. You may now disconnect. Everyone, have a great day.</font></p></div>
  <div style="z-index:2;flex-direction:column;display:flex;min-height:0.5in;justify-content:flex-end;position:relative;"></div>
  <hr style="margin-inline-start:auto;margin-inline-end:auto;page-break-after:always;">
 </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>img214892870_0.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 img214892870_0.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" !: )T# 2(  A$! Q$!_\0
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M6RWM7'_\(#X:U"9+ZSLK>TNOX+W33Y,G_?28S]#D5OZ;;W5NACN+@707[LC
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/*'8C1=HQ_2I***1J?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>lqdt-20250508.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!-- DFIN New ActiveDisclosure (SM) XBRL Schema Document - http://www.dfinsolutions.com/ -->
<!-- Creation Date :2025-05-12T12:26:34.8533+00:00 -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<xsd:schema targetNamespace="http://www.liquidityservices.com/20250508" attributeFormDefault="unqualified" elementFormDefault="qualified" xmlns:enum2="http://xbrl.org/2020/extensible-enumerations-2.0" xmlns:lqdt="http://www.liquidityservices.com/20250508" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:us-gaap="http://fasb.org/us-gaap/2024" xmlns:dei="http://xbrl.sec.gov/dei/2024" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
  <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance"/>
  <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/linkbase"/>
  <xsd:import schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" namespace="http://xbrl.org/2005/xbrldt"/>
  <xsd:import schemaLocation="https://xbrl.sec.gov/dei/2024/dei-2024.xsd" namespace="http://xbrl.sec.gov/dei/2024"/>
  <xsd:import schemaLocation="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd" namespace="http://fasb.org/us-gaap/2024"/>
  <xsd:annotation>
    <xsd:appinfo>
      <link:roleType roleURI="http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation" id="Role_DocumentDocumentAndEntityInformation">
        <link:definition>100000 - Document - Document And Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:linkbase id="lnk">
        <link:roleRef roleURI="http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="lqdt-20250508.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple"/>
        <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:title="labelLink" xlink:type="extended">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre-commencement Issuer Tender Offer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Pre-commencement Tender Offer</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12bTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(b) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SolicitingMaterial_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_WrittenCommunications_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl"/>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl"/>
        </link:labelLink>
        <link:presentationLink xlink:role="http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:title="presentationLink" xlink:type="extended">
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType" xlink:label="dei_DocumentType"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag" order="10010.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" order="10130.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate" order="10020.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType" order="10000.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" order="10090.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine2" order="10091.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" order="10100.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" order="10120.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" order="10110.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey" order="10040.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" order="10050.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber" order="10060.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode" order="10070.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName" order="10030.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber" order="10080.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber" order="10140.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" order="10190.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" order="10180.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" order="10210.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" order="10340.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SolicitingMaterial" order="10170.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" order="10220.0" priority="2" use="optional"/>
          <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_WrittenCommunications" order="10160.0" priority="2" use="optional"/>
        </link:presentationLink>
      </link:linkbase>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document And Entity Information<br></strong></div></th>
<th class="th"><div>May 08, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">May  08,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Liquidity Services, Inc.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001235468<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">0-51813<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">52-2209244<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">6931 Arlington Road<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 460<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Bethesda<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">20814<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">202<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">4676868<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.001 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">LQDT<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>7
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0    ( "F!K%I&QTU(E0   ,T    0    9&]C4')O<',O87!P+GAM
M;$W/30O", P&X+]2=K>9BAZD#D0]BIZ\SRYUA;8I;83Z[^T$/VYY><@;HBZ)
M(B:VF$7Q+N1M,S+'#4#6(_H^R\JABJ'D>ZXQW8&,L1H/I!\> \.B;=> A3$,
M.,SBM[#IU"Y&9W7/ED)WLCI1)L/B6#0ZL2<?J]P<"A#G>B4^BQ-+.9<K!?^+
M4\L54Y[FRF_\9 6_![H74$L#!!0    ( "F!K%IK,;<G[@   "L"   1
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MM5II ,,X?<D3$L/<@HL(2W@4R]9<X%L:+R/6ZK3;W5:$:6RA&$=D8'U>+&A
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MH<S< /A]J93].'&OV.4_),-_ 5!+ P04    "  I@:Q:GZ ;\+$"  #B#
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M#ZP+V.Q _G@>F*FX3YI"5S%NV G&D3S'$)C%^(QF&5*=##[Q_F"G)$WS/(X
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MTZ(=I7\=Q_:0T^FO8R*T>EOH^7%H5 J.W&,EC'%BM/XU@LD/['X 4$L#!!0
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M$<+NOS^QO-9.&G_FB^$_7G\!4$L! A0#%     @ *8&L6D;'34B5    S0
M !               ( !     &1O8U!R;W!S+V%P<"YX;6Q02P$"% ,4
M"  I@:Q::S&W)^X    K @  $0              @ '#    9&]C4')O<',O
M8V]R92YX;6Q02P$"% ,4    "  I@:Q:F5R<(Q &  "<)P  $P
M    @ '@ 0  >&PO=&AE;64O=&AE;64Q+GAM;%!+ 0(4 Q0    ( "F!K%K-
M01(39 0  "T1   8              " @2$(  !X;"]W;W)K<VAE971S+W-H
M965T,2YX;6Q02P$"% ,4    "  I@:Q:GZ ;\+$"  #B#   #0
M    @ &[#   >&PO<W1Y;&5S+GAM;%!+ 0(4 Q0    ( "F!K%J7BKL<P
M !,"   +              "  9</  !?<F5L<R\N<F5L<U!+ 0(4 Q0    (
M "F!K%HZJJ+G0 $  #P"   /              "  8 0  !X;"]W;W)K8F]O
M:RYX;6Q02P$"% ,4    "  I@:Q:)!Z;HJT   #X 0  &@
M@ 'M$0  >&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4    "  I
M@:Q:99!YDAD!  #/ P  $P              @ '2$@  6T-O;G1E;G1?5'EP
=97-=+GAM;%!+!08     "0 ) #X"   <%      !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>23</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="lqdt-20250508.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>100000 - Document - Document And Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document And Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" isOnlyDei="true" isUsgaap="true" original="lqdt-20250508.htm">lqdt-20250508.htm</File>
    <File>lqdt-20250508.xsd</File>
  </InputFiles>
  <SupplementalFiles>
    <File>img214892870_0.jpg</File>
  </SupplementalFiles>
  <BaseTaxonomies>
    <BaseTaxonomy items="23">http://xbrl.sec.gov/dei/2024</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>false</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>13
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "lqdt-20250508.htm": {
   "nsprefix": "lqdt",
   "nsuri": "http://www.liquidityservices.com/20250508",
   "dts": {
    "inline": {
     "local": [
      "lqdt-20250508.htm"
     ]
    },
    "schema": {
     "local": [
      "lqdt-20250508.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-roles-2024.xsd",
      "https://xbrl.fasb.org/srt/2024/elts/srt-types-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-roles-2024.xsd",
      "https://xbrl.fasb.org/us-gaap/2024/elts/us-types-2024.xsd",
      "https://xbrl.sec.gov/country/2024/country-2024.xsd",
      "https://xbrl.sec.gov/dei/2024/dei-2024.xsd",
      "https://xbrl.sec.gov/stpr/2024/stpr-2024.xsd"
     ]
    }
   },
   "keyStandard": 23,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2024": 2
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 24,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2024": 23
   },
   "report": {
    "R1": {
     "role": "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation",
     "longName": "100000 - Document - Document And Entity Information",
     "shortName": "Document And Entity Information",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "C_ad2001e9-a044-48ec-93ff-941da9fd99b6",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "h2",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "lqdt-20250508.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "C_ad2001e9-a044-48ec-93ff-941da9fd99b6",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "h2",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "lqdt-20250508.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CityAreaCode",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "DocumentType",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine2": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressAddressLine2",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line Two",
        "documentation": "Address Line 2 such as Street or Suite number"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation, State or Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre-commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "Security12bTitle",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Title of 12(b) Security",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "TradingSymbol",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2024",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://www.liquidityservices.com/20250508/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>14
<FILENAME>0000950170-25-069192-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0000950170-25-069192-xbrl.zip
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ML-PS.LZ[Z>\:>NAOR)MB0<[^$PQ<(@IKHKA_T?Y#]G\']OS_B^Q_@OTO+A2
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M@#>B#\?9#DPLCT!3T3VWHC?T<2L7+[S(@&-HK0-!;!O[L(A><03RH-.SPRP
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MJ^T_"=W4*GQ'!D3D;FV-A",Y WY\CI (OJ&+NGTA>5^B#!Y-_O5?4$L#!!0
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M%"P;;^Q!PANQVK0=[:L;[6M?R-]O!2D??_ANO]4O!O&'_P)02P,$%     @
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M,]^A'5Y(?--V<"7XWN^+_P%02P,$%     @ *8&L6BHZQ3@Z)@  V;,   \
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M;1L-1]&UI@WF+5_K!EH8H@-(_M[9*3%_Y/1D?97*;8I5;7=%%6B#WX)]18I
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MCVO/0Q.@Y+TF]*=Z\86E_/84.3$IX+B%(^UHI@SP=R5(.KT"86G)9QW7H"5
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MD+U*&!]  CNT'O;NBP^'MNY:V_XR"0I#)XZ0 K;M-MP2@&P3G]X[829NPTY
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M^YS90OX.(I?=%X9H%=IG; PW(B5JOL^WH9BWWJCAEJA+W>^T;O),@N<77\V
M21H$7.JBDA:B0=B%5.*L)O:FU%]VQ+(7E//.QP!PQ$3PQ0+OI"!:CUM>A/61
M]H8(0:DX98Z+AOGM&,N%P"\)+N\T%O\K<U:GJT&JU& ;<I H9B[ZNK-U7BWF
MY9!O+I#NS.*8M/8P-K54"QV_)NV]N#G?T,HO;%WQ^E&5?U.2M D;&\JH9>75
MH?3 VQ'.1$5NR"6@L;DWC@33UYU&=A/)V_G0\L#<A@S+"&D+(02>!26E8D6:
M5F_EGB79G /Y"]+A0CN2\WV/<GS31BKTK1"E9L7G:,7,"^4"L.:,C W)"X;2
M[ J7NHADU#+N9E\W6L"6?="B=(XP7?$C<2HGTB!A@1,Q]O[8T21HK4>9YUG#
M,>>/PG='"ME6*UTAD"L=HNZ<3W?EN!//4X-L/;3-5.@V)DA/&A2QM<?9*4L/
MA,*E42S\6+AM-0L-GW-^0U5B5K41I(UTMY,B+O#SS35:R"V3)!O($5D&!+:8
MDT=CR.';WESEZ8F_)I\>KHJ9:6@&ATYXOMS,I>>.OR#:B'H1D_:-^9C5NU.F
MFOFT1\[9"4+*1[G\7W$@G3CFHJF\EE:HL_"^HDMF+/)\^^A9DK#2Q]%MS(H/
M\*8:1LSMO,.!7Q0=:+0*J?_9UU(G;^7_?%"BS*<1BEW'F97T3AMU'>3@QO+M
MA&2^FHK;#/K7==)P@5]P6?L"M*#*'/9HE!LCUT!R"BC;% "HXHS<-3.!JU"@
MR[R&@M.?I@M/T<S*-O>1C@G_AC@K&BUNQ$#D@ 2XIY$3["895[>^RL<69B47
M5OH&]^E";M&1N.N#NV\ZMI]FP?20,GB?/:;R;!+T\/,EN4)C$%&!!3P@]&E*
M!^DJ,Z\(!2_I:%&Q[9,.'4?,M&M@]B)A-R< %8B.$R^D=VL$E!AUDJ_5!)MK
MPII+72JTW#3A:DC=<EIR(^%90:SB46>ZEG7H)!WS5HR^P>H%-R/*14N2R>-"
M6]MP>9.(1FE7P#P3!8:7Z/<SR(+RS*:WW3[Q/INLH'_EXUP,!#ULCCN==M=?
M[+?DGE+1)X!KO @;-B@.[])?H@B-/@=/'=B*2"&R#A8AQU?3 2E\4?Q W^7.
MYNC O6<YPK-OPRHD!RM.>FG#RKTP$01:1XN:RZ:-CWO$LC5!82Y +D;-:1%?
M6^Z((\:VM!P7AR[>D$&@_PLNH&VB8? !R9"[X/,O4F[E&>1(?%DS<+T<Z$U\
MAMCS3IGU_ ]$N\.'=-'!^W?SYEOUX>S+^_ S\26AMI%+5DEGLRZ%I&;$OX-O
M-Z@)!;]@77E786B/%I/?&;>C1>^*+RO:D7[36Z^:H,KL,ERVPM<CH=%OA2H=
MJ2IGETG62VQ!]-QHGULZ\^H#D(RUR5+'J\=7ZMIV=][#.^_A>!=^\.TRKY#[
MQO)1%2L:)WK<I(3%=RT+UN#9"5MT(P]BR^85U\5(>[M*#(M@1AZ]TT& J38<
MW^VSL= ,:JV&M6_VQ(T8?!/1O$?>^ \.%P\Q$/PU9:_>E<#>A6E_$4)+=\(3
M1P/*.[&X3"R^S.^,C%=QS(ZQ9_IPY)^7*\V.UQ?"(("E)]?CS:8CPE:=-(J7
MKINSX(#&%6V]V0ZU7)"!-K?P;L?"T4SI74C6KE.[F0=TLW 12OZ]8P62>4_;
M4+UUY(*2,.WHTJ18"16>ND.+=VAQJE$YL2G<+"#W]1F^43-E"(:@ DG2I@SA
MXO#'[/Y!ODUAU'O5AYIAS$L8!2U2."=Q-=2^$EFB';X Q_125<==<E%?#8RY
MTGK4\?5P'M;%=W#Q#BY.NMGZ>)\TDXZY#2MQ]X5K'SD)(Q2^+O(@H<14(9S]
M7>@H'"L<ZBWEFN:9M"26L=Y*7MR<V60?,O;BQ<J*46L#CU33<P>O;'ET6N)\
M;S+*WHNN\[VG:9425=UQ6/P^WRA=&H>2'%A=INPE.A&<>15M3=&:VO9N?+,H
M^&?*T[&T1**5WJEFY1;2.[UQIS>.Z V^,Y4E,LMY-MQOO"M 8@&XT98[X%8I
MG2 T^9]),L>HU7^XP3:T^D],LP_^7V=%=R$FX7W(M).=OXHRK2P6P?=(C>TV
MJD6 R;N"D5/"G4',LN-,+RT-2T*#WT7Q7+&_6CPHG+HR.)^V@"\ZWPZ/N_^Y
M&!5$2,)E,0GO\>8]\'%,?X,0/X[.ZDXN>AZK-^00\[[=Y;;?:;FC*55_UG#[
M(3+FPQ$[N363V^A*IP*Y[6+I;X)O-[:7FP=]XW_7^SA9\&QP/GM3(;,\A7J9
MH2Y>LLX;$%F_-BY=G\$93VA%S>T'R,19-^GJ8$ZW$I6;>)-9"):ZU,=VT'#Q
MVCIY"GT)?/-_7&Z'258Z=*-0'5\3N(:0B1:2I&AR%[QZ9$)-#$">(-YE+8)
MEL*73/J<>^P@7[W&+1;\78CA+H&T,YPBP:E:8?V2.\7/(S'2A_5N+Z5^(Z)=
M6@+C3L29#[U)8E@H3$JX9HN,$1&-_LX+03;Q&D1)G#6=G#:NS9$0I?BVEYW=
M.89I2U-5_(,T-V!$IQKQ#] W%"?"I<8&#-H"..,L@XE#O$&1%&@D9;OF=\YX
MH,87'M=]*)SV$T@_R]2>-(\OIVS#/$7/.PF@"OQ4<EF,AX6^,".\M;]@IM+^
MJLLW&9&+^A(RG=ZMBFR[T,G^"BT^<(&],Y):,W!LGNNS-KJNQI.PTU14J8XS
M20E8IU#/Q6VBZ*UF/LYKAQ[M@]L^M6UDD4%,F-XL!'-7&ED8O+J8O)Y$T^)7
MZSR]7;PM/KP$QP@BY4U7A;'I)^0W<)KJZ!(E7&3)=Z1.KG%"FE/+B125ZI4/
M$XDDV )<H(JABLQ/PQ% 7/EJK6M)-<'\LXCX. <$](9W_ %W3CUG0VOTJUR1
M&5)#E^AJ@N4#&M)DE6;[+5]R]+2-W'Y_YG2+7A:6BKSBI5;Q@O7P2N%^3ZC4
M)!-%2<7BM/A*.W\K*4F_)-7X_G:R,0D1217;GB\XFR5\.9(8^)C@V6)4FG#?
MB;+%%41D,0;_;#K;P<4<O #S10/+W0>XW,NWI!;\;KIJCA?8IR051@N3^VUS
MX<<+.-;.]N""77HSO@,1(:&@>,.END:N8SJX4=<GT<7[U8*9D6LBR#,1@?O0
MI6(KG<99O$FS'L8\(9+J*7$M?;U&G[7#LC8EHJ2QV_?%ZY?976Z2CQ=QPY93
M=_PM'I7A^\;EXK'U(/PR/J-PM0K.+NBU:U(KMO,U+NC]@[<80C5QS(8+F6^2
MYL:[ .H(Y.NC5.GR$^]FEDQV:926GP]]U-UFC'/I"ZBFA0)L1+[T5P+[*@!L
MY8'!G)4-28IZ,VWCV7.[?2DZS=@N=9]W<DD6"[$E4O7H2S%$2C\3C'4L@]TV
M;_JE760:VTC^WHBL(E(:N:C$(?(!G?@_):7I+I+Z 4=23W[%\B8V!TK:LR'[
M>.A8!\3V$E(@ C\VS>1;PG$).HW$S>,+*4#,^N4HZ9?CI%_.HO@A9J[NT,>6
MOMAH^)Q?0!%92 NON\56KM3^-I5\/_MD::O]Y[]Y]LFFW]:?_Q]02P$"% ,4
M    "  I@:Q:]?\FI4H6  #I%@  $@              @ $     :6UG,C$T
M.#DR.#<P7S N:G!G4$L! A0#%     @ *8&L6N6^^\!0$P  [:D  !$
M         ( !>A8  &QQ9'0M,C R-3 U,#@N:'1M4$L! A0#%     @ *8&L
M6G@=(+Z)"   2F$  !$              ( !^2D  &QQ9'0M,C R-3 U,#@N
M>'-D4$L! A0#%     @ *8&L6BHZQ3@Z)@  V;,   \              ( !
IL3(  &QQ9'0M97@Y.5\Q+FAT;5!+!08     !  $ /L    860     !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>lqdt-20250508_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2024"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="lqdt-20250508.xsd" xlink:type="simple"/>
    <context id="C_ad2001e9-a044-48ec-93ff-941da9fd99b6">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001235468</identifier>
        </entity>
        <period>
            <startDate>2025-05-08</startDate>
            <endDate>2025-05-08</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_7697f78a-0e1c-493d-bab2-c1ef1f0fbe6f">0001235468</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_f3df8b12-64a8-458f-aef6-16466e675b70">false</dei:AmendmentFlag>
    <dei:DocumentType
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_9dcc2f3e-1e40-450c-82ef-5156c260cd07">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_34746037-d0b7-45f0-9b75-5e1d379c46ff">2025-05-08</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_bb64effd-ee11-4b81-ad81-57c68ba50352">Liquidity Services, Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_36cf5b16-7227-452e-9fd3-59c1afa89404">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_2f335f3d-1c1d-4ef4-8805-9a563f25a4f5">0-51813</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_ec98ec28-0989-4f34-8b7c-537415afee09">52-2209244</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_50d1485f-27e0-470d-873d-228abe3cba76">6931 Arlington Road</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_9c815501-f431-4001-8b95-af47b6fc0c99">Suite 460</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_dd73df94-3f55-4da1-a7a9-e07ce20ea690">Bethesda</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_d8f8b6c2-11cb-4b04-9dc7-ce78f3872e5e">MD</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_9d0b51af-6f0d-4799-a3f3-6909c3f424bf">20814</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_fc140af3-734a-42c9-b335-0df87fbd32bc">202</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_de19cb08-17b6-43af-a977-a405e9952846">4676868</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_1c6bf4da-4d3b-4b96-b6f1-1f1525978a0d">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_68d77b81-ad7c-4b7b-b0b6-61f15a408fa8">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_6fffdbbf-c99a-42ee-9268-38e84eb56780">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_5989a00b-6296-4791-9e37-b68cb013699d">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_21e6e9d5-7edd-4bb1-8f5e-b40e978276e9">Common Stock, $0.001 par value</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_e10c426c-780e-4bad-acbd-23667c50d7cc">LQDT</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_906953c9-7cb1-4e10-b03b-98743f5c2846">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="C_ad2001e9-a044-48ec-93ff-941da9fd99b6"
      id="F_1b53fd00-0b6f-4b7c-b28f-a2a180c8144d">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
