---
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"
generated_at: "2026-06-21T19:09:37.661512+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# QuickLogic Q3 FY2022 revenue $3.5M (-10% YoY); net loss $0.11/share; secures $6.9M gov't contract

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027461
- JSON: https://secwatch.observer/filing/0001437749-22-027461.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027461.txt

## Key facts
- Earnings Releases
  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.
  - Period: third quarter of fiscal 2022 ended October 2, 2022
  - Revenue: $3.5 million
  - Net income: $1.3 million
  - EPS: $0.11 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/882508/000143774922027461/0001437749-22-027461-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.