{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-014806","form_type":"8-K","ticker":"QUIK","cik":"0000882508","company_name":"QUICKLOGIC Corp","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.584371+00:00","generated_at":"2026-06-15T00:20:56.094092+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"QuickLogic Q1 revenue $4.1M, net loss $1.2M; guides >30% FY2023 growth","bullets":["GAAP net loss $1.2M ($0.09/sh); non-GAAP net loss $0.5M ($0.04/sh).","Total revenue $4.1M (+0.9% YoY); new product revenue $3.1M (-11.4% YoY).","GAAP gross margin 57.8%, non-GAAP 59.7%; up sequentially from 51.9% and 53.2%.","Sales funnel reached $125M; expects positive non-GAAP operating income in Q3 and Q4.","Fiscal 2023 revenue growth target >30% YoY, driven by eFPGA and cost management."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-014806","json":"https://secwatch.observer/filing/0001437749-23-014806.json","markdown":"https://secwatch.observer/filing/0001437749-23-014806.md","text":"https://secwatch.observer/filing/0001437749-23-014806.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/882508/000143774923014806/0001437749-23-014806-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882508/000143774923014806/quicklo20230329_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:20:56.094092+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":"d3dea74042bf3418559685bb2d5ff378239a5577","claim":"QUICKLOGIC Corp reported the fiscal first quarter ended April 2, 2023 results: revenue $4.1 million, net income net loss was $1.2 million, EPS $0.09 per share. Guidance initiated.","evidence_excerpt":"Total revenue for the first quarter of fiscal 2023 was $4.1 million, an increase of 1.2% compared with the fourth quarter of 2022 , and an increase of 0.9% compared with the first quarter of 2022. New product revenue was approximately $3.1 million in the first quarter of 2023, an increase of $0.2 million , or 7.5% , compared with the fourth quarter of 2022, and a decrease o f $0.4 million , or 11.4% , com pared with the first quarter of 2022. Increased eFPGA revenue year over year was offset by decreased display, smart connectivity, and sensor product revenues. Mature product revenue was $1.1 million in the first quarter of 2023, a decrease of $0.2 million or, 13.2%, compared with the fourth quarter of 2022. Mature product revenue in the first quarter of 2023, increased 66.9% compared to the first quarter of 2022 . First quarter 2023 GAAP gross margin was 57.8% compared with 51.9% in the fourth quarter of 2022, and 60.1% in the first quarter of 2022. First quarter 2023 non-GAAP gross m","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774923014806/0001437749-23-014806-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal first quarter ended April 2, 2023"},{"label":"Revenue","value":"$4.1 million"},{"label":"Net income","value":"net loss was $1.2 million"},{"label":"EPS","value":"$0.09 per share"},{"label":"Guidance","value":"initiated"},{"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"}