All are characteristics of pteridophytes, except:

Asexual reproduction in liverworts takes place by fragmentation of thalli, or by the formation of specialised structures called gemmae. Gemmae are green, multicellular, asexual buds, which develop in small receptacles called gemma cups located on the thalli. The gemmae become detached from the parent body and germinate to form new individuals. Such gemmae are not seen in Pteridophytes.