{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027461","form_type":"8-K","ticker":"QUIK","cik":"0000882508","company_name":"QUICKLOGIC Corp","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.842783+00:00","generated_at":"2026-06-21T19:09:37.661512+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"QuickLogic Q3 FY2022 revenue $3.5M (-10% YoY); net loss $0.11/share; secures $6.9M gov't contract","bullets":["Total revenue $3.5M, down 10.3% YoY and 23.8% QoQ; new product revenue $2.3M (-18% YoY).","GAAP net loss $1.3M ($0.11/share) vs. net loss $1.3M ($0.11/share) in Q3 FY2021.","Non-GAAP net loss $0.9M ($0.07/share); GAAP gross margin fell to 48.5% from 70.8% a year ago.","Signed $6.9M government eFPGA contract in August 2022; potential expansion to additional $72M over 4 years.","Raised ~$3.2M from institutional investors during the quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027461","json":"https://secwatch.observer/filing/0001437749-22-027461.json","markdown":"https://secwatch.observer/filing/0001437749-22-027461.md","text":"https://secwatch.observer/filing/0001437749-22-027461.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/882508/000143774922027461/0001437749-22-027461-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882508/000143774922027461/quicklo20220821_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T19:09:37.661512+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ea5623797f4f377a5ff944a9d9ff2fcc097ab90f","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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774922027461/0001437749-22-027461-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2022 ended October 2, 2022"},{"label":"Revenue","value":"$3.5 million"},{"label":"Net income","value":"$1.3 million"},{"label":"EPS","value":"$0.11 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}