secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2022-08-16T23:59:59+00:00
Accession:  0001437749-22-020713
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic Q2 revenue up 58% YoY to $4.5M; secures $7M eFPGA contract
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- Total revenue $4.5M, +57.6% YoY; new product revenue $3.1M, +148% YoY.
- GAAP net loss $0.5M ($0.04/share) vs loss $2.1M ($0.18) YoY; non-GAAP net loss $47k.
- Signed ~$7M eFPGA contract on Aug 8, 2022; potential to increase to tens of millions.
- GAAP gross margin 56.0% vs 50.9% YoY; non-GAAP gross margin 58.6%.
- Introduced first disaggregated eFPGA chiplet template with eTopus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774922020713/0001437749-22-020713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774922020713/quicklo20220520_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-020713

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