{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-004744","form_type":"8-K","ticker":"QUIK","cik":"0000882508","company_name":"QUICKLOGIC Corp","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.374701+00:00","generated_at":"2026-06-19T00:16:11.606592+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"QuickLogic FY2022 revenue $16.2M (+28% YoY); new product revenue up 50% to $11.7M","bullets":["Q4 2022 revenue $4.1M (+10.2% YoY); GAAP net loss $1.2M ($0.09/share) vs $1.6M loss a year ago.","FY2022 GAAP net loss $4.3M ($0.34/share) improved from $6.6M loss in FY2021; non-GAAP net loss $2.2M.","Sales funnel grew to $118M; CEO expects organic sales growth >30% in 2023 and positive non-GAAP operating income.","$6.9M government contract contributed to Q4 revenue and will continue into 2023.","Non-GAAP gross margin 56.1% for FY2022 vs 60.7% prior year; operating expenses down to $10.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-004744","json":"https://secwatch.observer/filing/0001437749-23-004744.json","markdown":"https://secwatch.observer/filing/0001437749-23-004744.md","text":"https://secwatch.observer/filing/0001437749-23-004744.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/882508/000143774923004744/0001437749-23-004744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882508/000143774923004744/quicklo20230206_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:16:11.606592+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":"304991638cd0ceb2624f8274bb26c2b457a502e3","claim":"QUICKLOGIC Corp reported the fiscal fourth quarter ended January 1, 2023 results: revenue $4.1 million, net income $1.2 million, EPS $0.09 per share.","evidence_excerpt":"Total revenue for the fourth quarter of 2022 was $4.1 million, an increase of 18.1% compared with the third quarter of 2022, and an increase of 10.2% compared with the fourth quarter of 2021. New product revenue was approximately $2.8 million in the fourth quarter of 2022, an increase of $0.6 million, or 26.2%, compared with the third quarter of 2022, and an increase of $0.2 million, or 6.6%, compared with the fourth quarter of 2021. The increase in new product revenue from the same period a year ago was primarily due to increased eFPGA professional services revenue partially offset by decreases in sensor, smart connectivity, and display product revenues. The previously announced $6.9 million government contract contributed to revenue growth in the quarter and will further contribute to revenue growth into 2023. Mature product revenue was $1.2 million in both the fourth quarter and the third quarter of 2022. Mature product revenue in the fourth quarter of 2022 increased 19.5% compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923004744/0001437749-23-004744-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter ended January 1, 2023"},{"label":"Revenue","value":"$4.1 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.09 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca2b3834bc3ff4b89fd3a891b70c8518cf23a2d9","claim":"QUICKLOGIC Corp reported the fiscal year ended January 1, 2023 results: revenue $16.2 million, net income $4.3 million, EPS $0.34 per share.","evidence_excerpt":"Total revenue for fiscal year 2022 was $16.2 million, compared with $12.7 million in fiscal year 2021, representing an approximately 28% increase. New product revenue was $11.7 million, increasing 50% from $7.8 million in the prior year. Mature product revenue was $4.5 million, decreasing from $4.9 million in fiscal year 2021. Fiscal year 2022 GAAP gross margin was 54.4%, compared with 58.5% in fiscal year 2021. Non-GAAP gross margin for fiscal year 2022 was 56.1%, compared with 60.7% in fiscal year 2021. GAAP operating expenses for fiscal year 2022 were $12.6 million, compared with $14.9 million in fiscal year 2021. Non-GAAP operating expenses for fiscal year 2022 were $10.8 million, down from $12.7 million in fiscal year 2021. GAAP net loss for fiscal year 2022 was $4.3 million, or $0.34 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923004744/0001437749-23-004744-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended January 1, 2023"},{"label":"Revenue","value":"$16.2 million"},{"label":"Net income","value":"$4.3 million"},{"label":"EPS","value":"$0.34 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"}