---
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"
generated_at: "2026-06-15T00:20:56.094092+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# QuickLogic Q1 revenue $4.1M, net loss $1.2M; guides >30% FY2023 growth

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-014806
- JSON: https://secwatch.observer/filing/0001437749-23-014806.json
- Plain text: https://secwatch.observer/filing/0001437749-23-014806.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fiscal first quarter ended April 2, 2023
  - Revenue: $4.1 million
  - Net income: net loss was $1.2 million
  - EPS: $0.09 per share
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/882508/000143774923014806/0001437749-23-014806-index.htm

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