{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-016233","form_type":"8-K","ticker":"QUIK","cik":"0000882508","company_name":"QUICKLOGIC Corp","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.282055+00:00","generated_at":"2026-06-02T03:03:44.479411+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 Q1 revenue $6.0M (+45% YoY); GAAP net income turns positive at $0.01/share","bullets":["Revenue $6.0M (+45% YoY); new product revenue $4.9M (+59.6% YoY).","GAAP net income $0.1M ($0.01/sh) vs loss $1.2M YoY; non-GAAP net income $1.7M ($0.12/sh).","GAAP gross margin 66.3% (vs 57.8% YoY); non-GAAP gross margin 70.3% (vs 59.7% YoY).","Reaffirmed 30%+ revenue growth target for 2024; sales funnel at record $179M.","Signed two eFPGA IP contracts for 12nm nodes; SensiML secured six-figure license with major MCU."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-016233","json":"https://secwatch.observer/filing/0001437749-24-016233.json","markdown":"https://secwatch.observer/filing/0001437749-24-016233.md","text":"https://secwatch.observer/filing/0001437749-24-016233.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/882508/000143774924016233/0001437749-24-016233-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/882508/000143774924016233/quicklo20240401_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:03:44.479411+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":"e1692b08c988d1c17dacf70ba37d2305ff490b34","claim":"QUICKLOGIC Corp reported the fiscal first quarter ended March 31, 2024 results: revenue $6.0 million, net income $0.1 million, EPS $0.01 per basic and diluted share.","evidence_excerpt":"the expansion of SensiML's business model to include open-source licensing.\" Fiscal First Quarter 2024 Financial Results Total revenue for the first quarter of fiscal 2024 was $6.0 million, an increase of 45.3% compared with the first quarter of 2023 and a decrease of 19.7% compared with the fourth quarter of 2023. New product revenue was approximately $4.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/882508/000143774924016233/0001437749-24-016233-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal first quarter ended March 31, 2024"},{"label":"Revenue","value":"$6.0 million"},{"label":"Net income","value":"$0.1 million"},{"label":"EPS","value":"$0.01 per basic and diluted 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"}