secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001437749-24-005730
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic reports record Q4 GAAP net income of $2.0M; revenue up 83% YoY
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- Record GAAP net income of $2.0M ($0.15 basic EPS); non-GAAP net income $2.6M ($0.19 diluted EPS).
- Q4 revenue $7.5M (+83% YoY); new product revenue $6.8M (+140% YoY).
- Full year 2023 revenue grew 31% vs 2022; sales funnel reached record $168M.
- New eFPGA IP contract targeting 12nm fabrication node announced.
- Credit line increased to $20M, maturity extended to end of 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774924005730/0001437749-24-005730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774924005730/quicklo20231127_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-005730

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer