secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2021-11-17T23:59:59+00:00
Accession:  0001437749-21-026973
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic Q3 revenue $3.9M highest since 2015; gross margin record 70.8%
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- Revenue $3.9M, up 34% QoQ and 117% YoY; new product rev $2.8M, up 332% YoY.
- GAAP gross margin 70.8% (record); non-GAAP gross margin 72.8%.
- GAAP net loss improved to $1.3M ($0.11/share) vs $2.1M loss ($0.18) prior quarter.
- Won $2M eFPGA contract (largest to date); raised $1.08M via direct placement.
- Non-GAAP net loss $0.4M ($0.03/share) vs $1.9M loss ($0.16) in Q2 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774921026973/0001437749-21-026973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774921026973/quicklo20210902_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-026973

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