Highest-materiality recent filing
QuickLogic Q2 revenue up 49% YoY; narrows FY growth outlook to 70-80%
Revenue $5.5M, +48.7% YoY; new product revenue $4.7M, +59.7% YoY.
Brian C. Faith and Ron Shelton elected as Class III directors with over 6.5M votes each; ~5.6M broker non-votes.
QuickLogic Q1 FY2026 revenue $5.1M (+16.8% YoY); GAAP net loss $2.2M ($0.13/share)
Total revenue $5.1M, up 16.8% YoY; new product revenue $4.3M (+14.5% YoY).
QuickLogic secures $10M revolving credit facility with Sunflower Bank, replaces prior agreement
New $10M secured revolving credit facility with Sunflower Bank, effective April 27, 2026, maturing April 24, 2029.
QuickLogic Q4 2025 net loss widens to $6.0M; revenue down 34% YoY to $3.7M
Q4 revenue $3.7M, down 34.2% YoY but up 84.0% QoQ; new product revenue $2.8M, down 38.5% YoY.
QuickLogic Q3 FY2025 revenue down 52% YoY to $2.0M; GAAP net loss $0.24 per share
Total revenue $2.0M, down 51.8% YoY and 45.0% sequentially; new product revenue fell 72.6% YoY to $1.0M.
QuickLogic appoints Ron Shelton to board, will chair Audit Committee
Appointment effective August 7, 2025; Shelton is a Class III director with term through 2026 annual meeting.
QuickLogic Q2 FY2025 revenue $3.7M (-10% YoY); GAAP net loss ($2.7M) widens
Total revenue $3.7M, down 10% YoY and 14.8% sequentially.
QuickLogic board director Christine Russell dies unexpectedly on July 11, 2025
Ms. Russell had served on the board since June 2005; her death was announced July 14.
QuickLogic Q1 revenue $4.3M, down 23.7% YoY; GAAP net loss ($0.14)/share vs income $0.01
Revenue $4.3M, down 23.7% YoY and 23.8% QoQ; new product revenue $3.7M down 17.4% YoY.
QuickLogic shareholders approve 1.1M share increase for stock plan, 200k for ESPP; elect directors
At May 8, 2025 annual meeting, shareholders approved amendment to 2019 Stock Plan to increase shares by 1,100,000 from 2,407,143 to 3,507,143.
QuickLogic extends $20M credit facility maturity to Dec 31, 2026
Eighth Amendment to existing credit facility extends maturity by one year to Dec 31, 2026.
QuickLogic raises $1.5M in registered direct offering of 256,200 shares at $5.93/share
On March 6, 2025, QuickLogic entered Common Stock Purchase Agreements with institutional investors for a registered direct offering.
QuickLogic enters $20M at-the-market equity facility with Needham & Co.
Entered into At Market Issuance Sales Agreement with Needham & Company, LLC for up to $20M of common stock.
QuickLogic Q4 revenue $5.7M (-24% YoY); GAAP net loss $0.3M vs $2.0M net income in prior year
Q4 new product revenue $4.7M, down 31.8% YoY due to timing of large eFPGA IP contracts.
QuickLogic exploring sale of SensiML subsidiary to focus on core eFPGA business
Board actively exploring strategic options for wholly-owned subsidiary SensiML, including a potential sale of SensiML or its assets.
QuickLogic raises $3.25M in registered direct offering of 423,732 shares at $7.67 each
Sold 423,732 shares of common stock at $7.67 per share, a 3.0% discount to 5-day VWAP as of Dec 4, 2024.
QuickLogic Q3 revenue down 36% YoY to $4.3M; GAAP EPS loss $0.14 vs profit $0.08 last year
Revenue $4.3M, down 35.9% YoY; new product revenue $3.5M (-42% YoY) on timing of eFPGA IP deliverables.
QuickLogic Q2 FY2024 revenue $4.1M (+41% YoY); GAAP EPS -$0.11, non-GAAP EPS -$0.05
Total revenue $4.1M, up 41.3% YoY but down 31.3% sequentially; new product revenue $3.1M.
QuickLogic replaces auditor Moss Adams with Frank Rimerman, no disagreements
Dismissed Moss Adams LLP as its independent registered public accounting firm, effective June 4, 2024.
QuickLogic Q1 revenue $6.0M (+45% YoY); GAAP net income turns positive at $0.01/share
Revenue $6.0M (+45% YoY); new product revenue $4.9M (+59.6% YoY).
QuickLogic shareholders re-elect Pease and Farese, ratify auditor at annual meeting
Andrew J. Pease re-elected as Class I director: 3,478,103 for, 1,076,770 withheld.
QuickLogic director Radhika Krishnan resigns effective March 31, 2024
Radhika Krishnan, a Class III director, resigned from the Board and its committees effective March 31, 2024.
QuickLogic raises ~$3.56M via registered direct offering of 222,500 shares at $16.00
Gross proceeds of approximately $3.56 million from sale of 222,500 shares of common stock at $16.00 per share.
QuickLogic reports record Q4 GAAP net income of $2.0M; revenue up 83% YoY
Record GAAP net income of $2.0M ($0.15 basic EPS); non-GAAP net income $2.6M ($0.19 diluted EPS).
QuickLogic expands credit facility to $20M, extends maturity to 2025
Credit facility increased from $15M to $20M; maturity extended to December 31, 2025.
QuickLogic Q3 GAAP net income $1.2M; record non-GAAP net income $1.8M on revenue up 93% YoY
Revenue $6.7M, up 128% QoQ and 93% YoY; new product revenue $6.1M up 171% YoY driven by $15M government eFPGA contract phase two.
QuickLogic Q2 revenue down 35.7% YoY to $2.9M; reaffirms full-year profitability expectation
Revenue $2.9M, down 29.3% QoQ and 35.7% YoY; new product revenue $2.2M, down 28.7% YoY.
QuickLogic signs $15M eFPGA IP and Design Services contract extension
Extension signed August 11, 2023; deliverables extend into 2024.
QuickLogic stockholders elect three Class III directors, ratify auditor at 2023 annual meeting
Stockholders elected Christine Russel, Brian C. Faith, and Radhika Krish as Class III directors until 2025.
QuickLogic Q1 revenue $4.1M, net loss $1.2M; guides >30% FY2023 growth
GAAP net loss $1.2M ($0.09/sh); non-GAAP net loss $0.5M ($0.04/sh).
QuickLogic raises $2.3M in registered direct offering of 450,000 shares
Sold 450,000 shares of common stock at $5.14/share, a 1% discount to March 21 closing price.
QuickLogic: No SVB exposure; ransomware incident on Jan 20 with no material impact
QuickLogic has no deposits or accounts at SVB and no banking relationship with SVB.
QuickLogic FY2022 revenue $16.2M (+28% YoY); new product revenue up 50% to $11.7M
Q4 2022 revenue $4.1M (+10.2% YoY); GAAP net loss $1.2M ($0.09/share) vs $1.6M loss a year ago.
QuickLogic Q3 FY2022 revenue $3.5M (-10% YoY); net loss $0.11/share; secures $6.9M gov't contract
Total revenue $3.5M, down 10.3% YoY and 23.8% QoQ; new product revenue $2.3M (-18% YoY).
Director Dan Rabinovitsj steps down from QuickLogic Board effective Nov 1, 2022
Rabinovitsj served on the Board since 2014 and is VP at Meta; departure is for a life sciences board opportunity.
QuickLogic raises ~$3.2M via registered direct offering of 487,279 shares at $6.57/share
Gross proceeds of $3.2 million from sale of 487,279 shares of common stock at $6.57 per share.
QuickLogic Q2 revenue up 58% YoY to $4.5M; secures $7M eFPGA contract
Total revenue $4.5M, +57.6% YoY; new product revenue $3.1M, +148% YoY.
QuickLogic shareholders approve 900K share increase to 2019 Stock Plan, elect directors
Shareholders approved amendment increasing maximum shares under 2019 Stock Plan by 900,000 to 2,407,143.
QuickLogic Q1 FY2022 revenue $4.1M (+83% YoY); net loss narrows to $1.2M
Revenue $4.1M, up 83% YoY; new product revenue $3.5M (+221% YoY) driven by eFPGA IP and smart connectivity.
QuickLogic Q4 revenue up 48% YoY to $3.7M, FY revenue $12.7M (+47%)
Q4 GAAP net loss $1.6M ($0.13/sh); non-GAAP net loss $0.5M ($0.04/sh).
QuickLogic raises ~$1.48M via registered direct offering of 310,000 shares at $4.78 each
Sold 310,000 shares (2.6% of outstanding) at $4.78/share, no discount to market price.
QuickLogic appoints Elias Nader as CFO and SVP Finance effective Feb 1, 2022
Elias Nader named CFO; Anthony Contos ceases as interim principal accounting officer.
QuickLogic Q3 revenue $3.9M highest since 2015; gross margin record 70.8%
Revenue $3.9M, up 34% QoQ and 117% YoY; new product rev $2.8M, up 332% YoY.
QuickLogic raises $1.08M through private placements; Q3 revenue outlook raised to $3.8-3.9M
Two long-time investors purchased 198,664 shares at $5.43 each (no discount) for gross proceeds of ~$1.08M.
QuickLogic wins $2M eFPGA contract; revenue expected in H2 2021
Contract valued at $2.0 million; revenue recognition in H2 fiscal 2021.
QuickLogic Q2 revenue $2.9M (up 31% YoY), net loss narrows to $0.18/sh
GAAP net loss $2.1M ($0.18/sh) vs $3.0M ($0.35/sh) in Q2 2020; non-GAAP loss $1.9M ($0.16/sh).
On March 29, 2024, Radhika Krishnan, a Class III director, resigned from the Board of Directors (the “Board”) of QuickLogic Corporation (the “Company”), and from the Compensation Committee of the Board and the Nominating and Corporate Governance Committee of the Board, effective March 31, 2024.
On October 28 2022, Daniel A. Rabinovitsj advised the Board of Directors (the "Board") of QuickLogic Corporation (the "Company") of his decision to step down from his role as a member of the Board of Directors (the "Board").
At that time, Mr. Anthony Contos, the Company’s current interim Chief Accounting Officer, will cease serving in this role and will no longer serve as the Company’s principal financial officer and principal accounting officer.
On February 1, 2022, QuickLogic Corporation (the “Company”) appointed Elias Nader, 57, as its Chief Financial Officer and Senior Vice President (SVP) of Finance, effective February 1, 2022.
Max materiality 0.85 · Median 0.60 · Most common event earnings