secwatch.observer — SEC 8-K summary
======================================

Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2021-08-17T23:59:59+00:00
Accession:  0001437749-21-020316
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic Q2 revenue $2.9M (up 31% YoY), net loss narrows to $0.18/sh
----------------------------------------------------------------------

- GAAP net loss $2.1M ($0.18/sh) vs $3.0M ($0.35/sh) in Q2 2020; non-GAAP loss $1.9M ($0.16/sh).
- Revenue $2.9M, highest since Q1 2019; new product rev $1.3M (+54% YoY), mature product rev $1.6M (+18% YoY).
- GAAP gross margin 50.9% vs 45.7% YoY; non-GAAP gross margin 51.5% vs 47.1%.
- Delivered new eFPGA IP license; partnered with Microchip, Digi-Key, and Zifisense for IoT/AI solutions.
- Operating expenses fell to $3.4M GAAP ($3.3M non-GAAP) from $3.9M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774921020316/0001437749-21-020316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774921020316/quicklo20210527_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-020316

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer