secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001437749-25-005055
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic Q4 revenue $5.7M (-24% YoY); GAAP net loss $0.3M vs $2.0M net income in prior year
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- Q4 new product revenue $4.7M, down 31.8% YoY due to timing of large eFPGA IP contracts.
- Q4 GAAP gross margin 59.8% vs 77.1% in Q4 2023; non-GAAP gross margin 62.0%.
- Non-GAAP net income $0.6M ($0.04/share) vs $2.6M ($0.18) in Q4 2023.
- CEO targets non-GAAP profitability and positive cash flow for full-year 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774925005055/0001437749-25-005055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774925005055/quicklo20241211_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-005055

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