{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-09-01T02:38:52.755691+00:00","company":{"ticker":"QUIK","cik":882508,"company_name":"QUICKLOGIC Corp"},"pagination":{"limit":100,"returned":24,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Sunflower Bank, N.A.","detail":"credit_facility","count":1,"first_seen":"2026-04-29T23:59:59+00:00","last_seen":"2026-04-29T23:59:59+00:00","evidence_fact_ids":[22471]},{"display_name":"certain institutional investors and their affiliated entities","detail":"equity_purchase","count":1,"first_seen":"2024-03-18T23:59:59+00:00","last_seen":"2024-03-18T23:59:59+00:00","evidence_fact_ids":[66665]}],"lender":[{"display_name":"Sunflower Bank, N.A.","detail":"revolving_credit","count":1,"first_seen":"2026-04-29T23:59:59+00:00","last_seen":"2026-04-29T23:59:59+00:00","evidence_fact_ids":[29146]}]},"facts":[{"fact_type":"shareholder_vote","fact_key":"fa550fcdceee657a76acb72fd4c99fdaa15eec69","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-05-12T20:48:25+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-07","outcome":"passed","proposal_text":"Ratification of Frank, Rimerman + Co. 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The votes were as follows: Votes For Votes Against Votes Abstained 12,169,394 20,703 17,217","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-016456","anchor_url":"https://secwatch.observer/filing/0001437749-26-016456#claim-fa550fcdceee657a76acb72fd4c99fdaa15eec69","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926016456/0001437749-26-016456-index.htm"},{"fact_type":"shareholder_vote","fact_key":"1f4c0df9c6ea3040c4d810ed88ffea57bbcdbf76","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-05-12T20:48:25+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-07","outcome":"passed","proposal_text":"Non-binding advisory vote on compensation of named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"5,612,797","subject":null,"votes_abstain":"130,350","votes_against":"75,108","votes_for":"6,389,059","votes_withheld":null}]},"claim":"QUICKLOGIC Corp shareholders approved Non-binding advisory vote on compensation of named executive officers at the 2026-05-07 meeting.","evidence_excerpt":"The Company's stockholders approved on a non-binding advisory basis, the compensation of QuickLogic's named executive officers, as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 6,389,059 75,108 130,350 5,612,797","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-016456","anchor_url":"https://secwatch.observer/filing/0001437749-26-016456#claim-1f4c0df9c6ea3040c4d810ed88ffea57bbcdbf76","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926016456/0001437749-26-016456-index.htm"},{"fact_type":"shareholder_vote","fact_key":"411605dd6621666275745613dd0d932412ad03d3","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-05-12T20:48:25+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-07","outcome":"passed","proposal_text":"Election of Class III directors to serve until the 2029 Annual Meeting","proposal_type":"director_election","results":[{"broker_non_votes":"5,612,797","subject":"Brian C. 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Faith 6,574,463 20,054 5,612,797 Ron Shelton 6,555,551 38,966 5,612,797","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-016456","anchor_url":"https://secwatch.observer/filing/0001437749-26-016456#claim-411605dd6621666275745613dd0d932412ad03d3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926016456/0001437749-26-016456-index.htm"},{"fact_type":"earnings_release","fact_key":"dafb31b9343377ae8044c93e984fd3faa84509b3","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-05-12T20:12:55+00:00","payload":{"eps_text":"($0.13) per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"($2.2 million)","period_text":"fiscal first quarter ended March 29, 2026","report_date":"2026-05-12","result_type":"reported_results","revenue_text":"$5.1 million"},"claim":"QUICKLOGIC Corp reported fiscal first quarter ended March 29, 2026 results: revenue $5.1 million, net income ($2.2 million), EPS ($0.13) per share.","evidence_excerpt":"Total revenue from continuing operations for the first quarter of fiscal 2026 was $5.1 million, an increase of 16.8% compared with the first quarter of 2025 and an increase of 35.3% compared with the fourth quarter of 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-26-016430","anchor_url":"https://secwatch.observer/filing/0001437749-26-016430#claim-dafb31b9343377ae8044c93e984fd3faa84509b3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926016430/0001437749-26-016430-index.htm"},{"fact_type":"debt_financing","fact_key":"941dfeff659ee98b5bf0dd106fb5c12a21cffd91","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-04-29T23:59:59+00:00","payload":{"counterparty":"Sunflower Bank, N.A.","effective_date":"2026-04-24","event":"incurrence","instrument_type":"revolving_credit","interest_rate_text":"greater of (i) 5.50% and (ii) and Prime Rate plus 0.50%","item_codes_triggered":["2.03"],"maturity_text":"April 24, 2029","principal_text":"$10.0 million"},"claim":"QUICKLOGIC Corp incurred revolving credit of $10.0 million with Sunflower Bank, N.A. at greater of (i) 5.50% and (ii) and Prime Rate plus 0.50% maturing April 24, 2029.","evidence_excerpt":"On April 24, 2026, QuickLogic Corporation (the “Company”) entered into (i) a Loan and Security Agreement (the “Credit Agreement”), by and between the Company and Sunflower Bank, N.A. and (ii) a Promissory Note of the Company (the “Note”), providing for a $10.0 million secured revolving credit facility (“Revolving Credit Facility”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-013877","anchor_url":"https://secwatch.observer/filing/0001437749-26-013877#claim-941dfeff659ee98b5bf0dd106fb5c12a21cffd91","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm"},{"fact_type":"material_agreement","fact_key":"1b35ba5b63b662817a6110df7ddd97be29de86fd","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2026-04-29T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Credit Agreement","agreement_type":"credit_facility","counterparty":"Sunflower Bank, N.A.","effective_date":"2026-04-24","item_codes_triggered":["1.01"],"value_text":"$10.0 million"},"claim":"QUICKLOGIC Corp entered into Credit Agreement with Sunflower Bank, N.A. valued at $10.0 million (effective 2026-04-24).","evidence_excerpt":"On April 24, 2026, QuickLogic Corporation (the “Company”) entered into (i) a Loan and Security Agreement (the “Credit Agreement”), by and between the Company and Sunflower Bank, N.A. and (ii) a Promissory Note of the Company (the “Note”), providing for a $10.0 million secured revolving credit facility (“Revolving Credit Facility”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-26-013877","anchor_url":"https://secwatch.observer/filing/0001437749-26-013877#claim-1b35ba5b63b662817a6110df7ddd97be29de86fd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm"},{"fact_type":"earnings_release","fact_key":"e1692b08c988d1c17dacf70ba37d2305ff490b34","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2024-05-13T23:59:59+00:00","payload":{"eps_text":"$0.01 per basic and diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$0.1 million","period_text":"the fiscal first quarter ended March 31, 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New product revenue was approximately $4.9 million","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001437749-24-016233","anchor_url":"https://secwatch.observer/filing/0001437749-24-016233#claim-e1692b08c988d1c17dacf70ba37d2305ff490b34","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774924016233/0001437749-24-016233-index.htm"},{"fact_type":"shareholder_vote","fact_key":"d9b90a9f6613f24b614f981b0928726739ec51f6","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2024-05-10T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-12-29","outcome":"passed","proposal_text":"Ratification of Moss Adams, LLP as independent registered public accounting firm","proposal_type":"auditor_ratification","votes_abstain_text":"41,580","votes_against_text":"68,792","votes_for_text":"8,641,846"},"claim":"QUICKLOGIC Corp shareholders approved Ratification of Moss Adams, LLP as independent registered public accounting firm at the 2024-12-29 meeting.","evidence_excerpt":"The Company's stockholders ratified the appointment of Moss Adams, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 29, 2024. The votes were as follows: Votes For Votes Against Votes Abstained 8,641,846 68,792 41,580","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-24-016049","anchor_url":"https://secwatch.observer/filing/0001437749-24-016049#claim-d9b90a9f6613f24b614f981b0928726739ec51f6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774924016049/0001437749-24-016049-index.htm"},{"fact_type":"shareholder_vote","fact_key":"08cc59736ea50fc4f9b40268e9a85f09bf083a20","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2024-05-10T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"passed","proposal_text":"Election of Class I directors","proposal_type":"director_election","votes_abstain_text":null,"votes_against_text":null,"votes_for_text":null},"claim":"QUICKLOGIC Corp shareholders approved Election of Class I directors.","evidence_excerpt":"The Company's stockholders approved the election of the following nominees to serve as Class I directors until the date on which the Annual Meeting of the Stockholders is held in 2027","confidence":0.85,"filing_url":"https://secwatch.observer/filing/0001437749-24-016049","anchor_url":"https://secwatch.observer/filing/0001437749-24-016049#claim-08cc59736ea50fc4f9b40268e9a85f09bf083a20","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774924016049/0001437749-24-016049-index.htm"},{"fact_type":"executive_change","fact_key":"be6323a6b5","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2024-04-01T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-03-31","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Radhika Krishnan resigned as Director at QUICKLOGIC Corp.","evidence_excerpt":"On March 29, 2024, Radhika Krishnan, a Class III director, resigned from the Board of Directors (the “Board”) of QuickLogic Corporation (the “Company”), and from the Compensation Committee of the Board and the Nominating and Corporate Governance Committee of the Board, effective March 31, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-24-010363","anchor_url":"https://secwatch.observer/filing/0001437749-24-010363#claim-be6323a6b5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774924010363/0001437749-24-010363-index.htm"},{"fact_type":"material_agreement","fact_key":"9f4838c327e48de947e9e8ff781e3ee5dc1fe09c","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2024-03-18T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Common Stock Purchase Agreements","agreement_type":"equity_purchase","counterparty":"certain institutional investors and their affiliated entities","effective_date":"2024-03-13","item_codes_triggered":["1.01"],"value_text":"gross proceeds of approximately $3.56 million"},"claim":"QUICKLOGIC Corp entered into Common Stock Purchase Agreements with certain institutional investors and their affiliated entities valued at gross proceeds of approximately $3.56 million (effective 2024-03-13).","evidence_excerpt":"On March 13, 2024, QuickLogic Corporation (the “Company”) entered into Common Stock Purchase Agreements with certain institutional investors and their affiliated entities for the sale of an aggregate of 222,500 shares of common stock, par value $0.001 (the “Common Stock”), in a registered direct offering.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-24-008325","anchor_url":"https://secwatch.observer/filing/0001437749-24-008325#claim-9f4838c327e48de947e9e8ff781e3ee5dc1fe09c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774924008325/0001437749-24-008325-index.htm"},{"fact_type":"earnings_release","fact_key":"7987f8fdc74ed4fea4c2c98da67d75c1966b0c63","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-08-14T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"fiscal second quarter ended July 2, 2023","report_date":"2023-08-14","result_type":"reported_results","revenue_text":"$2.9 million"},"claim":"QUICKLOGIC Corp reported fiscal second quarter ended July 2, 2023 results: revenue $2.9 million.","evidence_excerpt":"Total revenue for the second quarter of fiscal 2023 was $2.9 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Adams, LLP as the Company's independent registered public accounting firm for fiscal year 2023 at the 2023-05-18 meeting.","evidence_excerpt":"(iv) The Company’s stockholders ratified the appointment of Moss Adams, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes were as follows: Votes For Votes Against Votes Abstained 8,317,532 12,560 53,025","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001437749-23-015143","anchor_url":"https://secwatch.observer/filing/0001437749-23-015143#claim-2c40eb7874986b46f9b0ee091b84ed3eaf40b6d6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923015143/0001437749-23-015143-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8f74d785a8cd3341fac7171122a772977ca26818","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-05-18T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-18","outcome":"passed","proposal_text":"Non-binding advisory vote on the frequency of future advisory votes on executive compensation","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"0","votes_against":"0","votes_for":"2,409,707","votes_withheld":"0"}]},"claim":"QUICKLOGIC Corp shareholders approved Non-binding advisory vote on the frequency of future advisory votes on executive compensation at the 2023-05-18 meeting.","evidence_excerpt":"(iii) The Company’s stockholders approved on a non-binding advisory basis, the frequency of future advisory votes on executive compensation, as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 2,409,707 61,958 2,100,734 42,410 3,768,308","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001437749-23-015143","anchor_url":"https://secwatch.observer/filing/0001437749-23-015143#claim-8f74d785a8cd3341fac7171122a772977ca26818","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923015143/0001437749-23-015143-index.htm"},{"fact_type":"shareholder_vote","fact_key":"de7e6dfd10f7cfa780623bc3f97e2fdaa6be1489","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-05-18T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-18","outcome":"passed","proposal_text":"Non-binding advisory vote on the compensation of Quicklogic's named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"3,768,308","subject":null,"votes_abstain":"47,021","votes_against":"70,214","votes_for":"4,497,574","votes_withheld":"0"}]},"claim":"QUICKLOGIC Corp shareholders approved Non-binding advisory vote on the compensation of Quicklogic's named executive officers at the 2023-05-18 meeting.","evidence_excerpt":"(ii) The Company’s stockholders approved on a non-binding advisory basis, the compensation of Quicklogic's named executive officers, as follows: Votes For Votes Against Votes Abstain Broker Non-Votes 4,497,574 70,214 47,021 3,768,308","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001437749-23-015143","anchor_url":"https://secwatch.observer/filing/0001437749-23-015143#claim-de7e6dfd10f7cfa780623bc3f97e2fdaa6be1489","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923015143/0001437749-23-015143-index.htm"},{"fact_type":"shareholder_vote","fact_key":"182e30934ffefafa6c821a48227ddae8432cc0fd","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-05-18T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-18","outcome":"passed","proposal_text":"Election of three Class III directors","proposal_type":"director_election","results":[{"broker_non_votes":"3,768,308","subject":"Christine Russel","votes_abstain":"0","votes_against":"0","votes_for":"4,592,109","votes_withheld":"22,700"},{"broker_non_votes":"3,768,308","subject":"Brian C. Faith","votes_abstain":"0","votes_against":"0","votes_for":"4,589,393","votes_withheld":"25,416"},{"broker_non_votes":"3,768,308","subject":"Radhika Krish","votes_abstain":"0","votes_against":"0","votes_for":"3,882,494","votes_withheld":"732,315"}]},"claim":"QUICKLOGIC Corp shareholders approved Election of three Class III directors at the 2023-05-18 meeting.","evidence_excerpt":"At the 2023 Annual Meeting, there were 13,236,478 shares of the Company’s common stock (as of the record date March 20, 2023) entitled to vote, of which 8,383,117 shares of common stock were present in person or represented by proxy, representing 63.33% of total outstanding shares of our common stock entitled to vote. The final voting results of each proposal are set forth below: (i) The Company’s stockholders approved the election of the following nominees to serve as Class III directors until the date on which the Annual Meeting of the Stockholders is held in 2025: Nominee Votes For Votes Withheld Broker Non-Votes Christine Russel 4,592,109 22,700 3,768,308 Brian C. Faith 4,589,393 25,416 3,768,308 Radhika Krish 3,882,494 732,315 3,768,308","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001437749-23-015143","anchor_url":"https://secwatch.observer/filing/0001437749-23-015143#claim-182e30934ffefafa6c821a48227ddae8432cc0fd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923015143/0001437749-23-015143-index.htm"},{"fact_type":"earnings_release","fact_key":"d3dea74042bf3418559685bb2d5ff378239a5577","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-05-16T23:59:59+00:00","payload":{"eps_text":"$0.09 per share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"net loss was $1.2 million","period_text":"the fiscal first quarter ended April 2, 2023","report_date":"2023-05-16","result_type":"reported_results","revenue_text":"$4.1 million"},"claim":"QUICKLOGIC Corp reported the fiscal first quarter ended April 2, 2023 results: revenue $4.1 million, net income net loss was $1.2 million, EPS $0.09 per share. Guidance initiated.","evidence_excerpt":"Total revenue for the first quarter of fiscal 2023 was $4.1 million, an increase of 1.2% compared with the fourth quarter of 2022 , and an increase of 0.9% compared with the first quarter of 2022. New product revenue was approximately $3.1 million in the first quarter of 2023, an increase of $0.2 million , or 7.5% , compared with the fourth quarter of 2022, and a decrease o f $0.4 million , or 11.4% , com pared with the first quarter of 2022. Increased eFPGA revenue year over year was offset by decreased display, smart connectivity, and sensor product revenues. Mature product revenue was $1.1 million in the first quarter of 2023, a decrease of $0.2 million or, 13.2%, compared with the fourth quarter of 2022. Mature product revenue in the first quarter of 2023, increased 66.9% compared to the first quarter of 2022 . First quarter 2023 GAAP gross margin was 57.8% compared with 51.9% in the fourth quarter of 2022, and 60.1% in the first quarter of 2022. First quarter 2023 non-GAAP gross m","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-014806","anchor_url":"https://secwatch.observer/filing/0001437749-23-014806#claim-d3dea74042bf3418559685bb2d5ff378239a5577","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923014806/0001437749-23-014806-index.htm"},{"fact_type":"material_agreement","fact_key":"a3a0dd5e8dd1ba84cff43a254722a81011077533","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-03-27T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Common Stock Purchase Agreements","agreement_type":"equity_purchase","counterparty":"certain institutional investors","effective_date":"2023-03-21","item_codes_triggered":["1.01"],"value_text":"approximately $2.3 million"},"claim":"QUICKLOGIC Corp entered into Common Stock Purchase Agreements with certain institutional investors valued at approximately $2.3 million (effective 2023-03-21).","evidence_excerpt":"On March 21, 2023, Q uickLogic Corporation (the “Company”) entered into Common Stock Purchase Agreements with certain institutional investors for the sale of an aggregate of 450,000 shares of common stock, par value $0.001 (the “Common Stock”), in a registered direct offering.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437749-23-008056","anchor_url":"https://secwatch.observer/filing/0001437749-23-008056#claim-a3a0dd5e8dd1ba84cff43a254722a81011077533","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923008056/0001437749-23-008056-index.htm"},{"fact_type":"earnings_release","fact_key":"ca2b3834bc3ff4b89fd3a891b70c8518cf23a2d9","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-02-27T23:59:59+00:00","payload":{"eps_text":"$0.34 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$4.3 million","period_text":"the fiscal year ended January 1, 2023","report_date":"2023-02-27","result_type":"reported_results","revenue_text":"$16.2 million"},"claim":"QUICKLOGIC Corp reported the fiscal year ended January 1, 2023 results: revenue $16.2 million, net income $4.3 million, EPS $0.34 per share.","evidence_excerpt":"Total revenue for fiscal year 2022 was $16.2 million, compared with $12.7 million in fiscal year 2021, representing an approximately 28% increase. New product revenue was $11.7 million, increasing 50% from $7.8 million in the prior year. Mature product revenue was $4.5 million, decreasing from $4.9 million in fiscal year 2021. Fiscal year 2022 GAAP gross margin was 54.4%, compared with 58.5% in fiscal year 2021. Non-GAAP gross margin for fiscal year 2022 was 56.1%, compared with 60.7% in fiscal year 2021. GAAP operating expenses for fiscal year 2022 were $12.6 million, compared with $14.9 million in fiscal year 2021. Non-GAAP operating expenses for fiscal year 2022 were $10.8 million, down from $12.7 million in fiscal year 2021. GAAP net loss for fiscal year 2022 was $4.3 million, or $0.34 per share.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-004744","anchor_url":"https://secwatch.observer/filing/0001437749-23-004744#claim-ca2b3834bc3ff4b89fd3a891b70c8518cf23a2d9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923004744/0001437749-23-004744-index.htm"},{"fact_type":"earnings_release","fact_key":"304991638cd0ceb2624f8274bb26c2b457a502e3","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2023-02-27T23:59:59+00:00","payload":{"eps_text":"$0.09 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1.2 million","period_text":"the fiscal fourth quarter ended January 1, 2023","report_date":"2023-02-27","result_type":"reported_results","revenue_text":"$4.1 million"},"claim":"QUICKLOGIC Corp reported the fiscal fourth quarter ended January 1, 2023 results: revenue $4.1 million, net income $1.2 million, EPS $0.09 per share.","evidence_excerpt":"Total revenue for the fourth quarter of 2022 was $4.1 million, an increase of 18.1% compared with the third quarter of 2022, and an increase of 10.2% compared with the fourth quarter of 2021. New product revenue was approximately $2.8 million in the fourth quarter of 2022, an increase of $0.6 million, or 26.2%, compared with the third quarter of 2022, and an increase of $0.2 million, or 6.6%, compared with the fourth quarter of 2021. The increase in new product revenue from the same period a year ago was primarily due to increased eFPGA professional services revenue partially offset by decreases in sensor, smart connectivity, and display product revenues. The previously announced $6.9 million government contract contributed to revenue growth in the quarter and will further contribute to revenue growth into 2023. Mature product revenue was $1.2 million in both the fourth quarter and the third quarter of 2022. Mature product revenue in the fourth quarter of 2022 increased 19.5% compared","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-23-004744","anchor_url":"https://secwatch.observer/filing/0001437749-23-004744#claim-304991638cd0ceb2624f8274bb26c2b457a502e3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923004744/0001437749-23-004744-index.htm"},{"fact_type":"earnings_release","fact_key":"ea5623797f4f377a5ff944a9d9ff2fcc097ab90f","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2022-11-15T23:59:59+00:00","payload":{"eps_text":"$0.11 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$1.3 million","period_text":"third quarter of fiscal 2022 ended October 2, 2022","report_date":"2022-11-15","result_type":"reported_results","revenue_text":"$3.5 million"},"claim":"QUICKLOGIC Corp reported third quarter of fiscal 2022 ended October 2, 2022 results: revenue $3.5 million, net income $1.3 million, EPS $0.11 per share.","evidence_excerpt":"Total revenue for the third quarter of fiscal 2022 was $3.5 million, a decrease of 23.8% compared with the second quarter of 2022, and a decrease of 10.3% compared with the third quarter of 2021 . New product revenue was approximately $2.3 million in the third quarter of 2022 , a decrease of $0.9 million , or 28.1% , compared with the second quarter of 2022, and a decrease of $0.5 million , or 18.3% , compared with the third quarter of 2021 . The decrease in new product revenue from the same period a year ago was primarily due to a reduction in smart connectivity and sensor product revenues offset by higher eFPGA IP license and professional services revenues. Additionally, signing the aforementioned $6.9 million government contract later in the quarter delayed some of the revenue to subsequent quarters. Mature product revenue was $1.2 million in the third quarter of 2022 , a decrease of 14.4% compared with the second quarter of 2022, and an increase of 9.7% compared with the third quar","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-22-027461","anchor_url":"https://secwatch.observer/filing/0001437749-22-027461#claim-ea5623797f4f377a5ff944a9d9ff2fcc097ab90f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774922027461/0001437749-22-027461-index.htm"},{"fact_type":"executive_change","fact_key":"a137511f58","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2022-11-01T23:59:59+00:00","payload":{"action":"stepped down","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Daniel A. Rabinovitsj departed as Director at QUICKLOGIC Corp.","evidence_excerpt":"On October 28 2022, Daniel A. Rabinovitsj advised the Board of Directors (the \"Board\") of QuickLogic Corporation (the \"Company\") of his decision to step down from his role as a member of the Board of Directors (the \"Board\").","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437749-22-025269","anchor_url":"https://secwatch.observer/filing/0001437749-22-025269#claim-a137511f58","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774922025269/0001437749-22-025269-index.htm"},{"fact_type":"executive_change","fact_key":"82133bdb1c","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2022-02-03T23:59:59+00:00","payload":{"action":"ceased serving","action_category":"departure","departure_tone":"routine","effective_date":"2022-02-01","interim":true,"role":"Interim Chief Accounting Officer","role_category":"other_named_officer","successor_name":"Elias Nader","successor_named":true},"claim":"Anthony Contos departed as Interim Chief Accounting Officer at QUICKLOGIC Corp.","evidence_excerpt":"At that time, Mr. Anthony Contos, the Company’s current interim Chief Accounting Officer, will cease serving in this role and will no longer serve as the Company’s principal financial officer and principal accounting officer.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001437749-22-002300","anchor_url":"https://secwatch.observer/filing/0001437749-22-002300#claim-82133bdb1c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774922002300/0001437749-22-002300-index.htm"},{"fact_type":"executive_change","fact_key":"99e5eae0d5","cik":882508,"ticker":"QUIK","company_name":"QUICKLOGIC Corp","filed_at":"2022-02-03T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-02-01","interim":false,"role":"Chief Financial Officer and Senior Vice President (SVP) of Finance","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Elias Nader was appointed as Chief Financial Officer and Senior Vice President (SVP) of Finance at QUICKLOGIC Corp.","evidence_excerpt":"On February 1, 2022, QuickLogic Corporation (the “Company”) appointed Elias Nader, 57, as its Chief Financial Officer and Senior Vice President (SVP) of Finance, effective February 1, 2022.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001437749-22-002300","anchor_url":"https://secwatch.observer/filing/0001437749-22-002300#claim-99e5eae0d5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774922002300/0001437749-22-002300-index.htm"}]}