QuickLogic Q1 revenue $4.3M, down 23.7% YoY; GAAP net loss ($0.14)/share vs income $0.01

QUICKLOGIC Corp

2025-Q1 EPS reported -$0.14 revenue$4,325,000

Revenue $4.3M, down 23.7% YoY and 23.8% QoQ; new product revenue $3.7M down 17.4% YoY.
GAAP net loss ($2.2M) or ($0.14)/share vs net income $0.1M ($0.01)/share in Q1 2024.
Non-GAAP net loss ($1.1M) or ($0.07)/share vs non-GAAP net income $1.7M ($0.12)/share in Q1 2024.
GAAP gross margin 43.4% vs 67.1% YoY; cites timing of large eFPGA IP contracts.
Delivered eFPGA Hard IP for Intel 18A test chip; extended $20M credit facility to Dec 2026.

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