QuickLogic (QUIK) shares ended the last trading session 5.9% higher at $6.32. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 15.7% gain over the past four weeks.QuickLogic is benefiting from its unique position as the first available source for eFPGA Hard IP for Intel 18A technology, enabling integration and driving growth in defense and commercial markets.This maker of chips for mobile and portable electronics ma ...

QuickLogic (QUIK) ended the recent trading session at $6.00, demonstrating a +1.69% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.03% for the day. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.13%. The maker of chips for mobile and portable electronics manufacturers's shares have seen an increase of 6.5% over the last month, surpassing the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 0.6%.The upcom ...

SAN JOSE, Calif., June 18, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, today announced it will exhibit at the 2025 Chips to Systems Conference (DAC) in San Francisco.Visit Booth #2222 to explore QuickLogic's advanced eFPGA Hard IP and chiplet solutions designed to help accelerate SoC and ASIC development and learn how QuickLogic's silicon-proven eFPGA Hard IP enables post-manufacturing flexibility, hel ...

Collaboration gives QuickLogic early access to Intel Foundry's advanced process and packaging roadmaps and strengthens its strategy to deliver secure, interoperable eFPGA-based chiplets for defense and commercial marketsSAN JOSE, Calif., June 10, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and FPGA User Tools, today announced that it joined the newly launched Intel Foundry Chiplet Alliance, part of the Intel Foundry Accelerator ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) For the Transition Period From To COMMISSION FILE NUMBER: 000-22671 QUICKLOGIC CORPORATION (Exact name of registrant as specified in its charter) Delaware 77-0188504 (Stat ...

Group 1 - QuickLogic Corporation held its Fiscal First Quarter 2025 Earnings Conference Call on May 13, 2025, with key participants including the President & CEO Brian Faith and SVP & CFO Elias Nader [1][3] - The call was recorded for replay purposes until May 20, 2025, indicating the company's commitment to transparency and communication with stakeholders [1] - Forward-looking statements were made regarding future profitability, cash flows, and business expectations, highlighting the company's strategic outlook [4][5] Group 2 - The company discussed potential risks and uncertainties that could affect actual results, including market acceptance of new products and the ability to convert design opportunities into revenue [4][5] - There is a focus on the importance of customer design activity and the market acceptance of customers' products, which are critical for revenue generation [5] - The company emphasized the need for timely introduction and production of new products based on advanced wafer technology to remain competitive [5]

QuickLogic (QUIK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of chips for mobile and portable electronics manufacturers would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of ...

QuickLogic (QUIK) Q1 2025 Earnings Call May 13, 2025 05:30 PM ET Company Participants Alison Ziegler - Managing Director - IR ServicesBrian Faith - President & Chief Executive OfficerElias Nader - CFO & SVP of FinanceRick Neaton - President Conference Call Participants Quinn Bolton - Senior AnalystRichard Shannon - Senior Research AnalystMartin Yang - Senior Analyst Operator Ladies and gentlemen, good afternoon. At this time, I'd like to welcome everyone to QuickLogic Corporation's Fiscal First Quarter twen ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $4.3 million, down 28% from Q1 2024 and down 24% from Q4 2024 [31] - New product revenue in Q1 was $3.8 million, down 23% from Q1 2024 and down 19% from Q4 2024 [31] - Non-GAAP gross margin in Q1 was 45.7%, significantly lower than 71.3% in Q1 2024 and 62.9% in Q4 2024 [32] - Non-GAAP net loss was $1.1 million or $0.07 per diluted share, compared to a net income of $1.7 million or $0.12 per diluted share in Q1 2024 [33] Business Line Data and Key Metrics Changes - Mature product revenue was $600,000, down from $1.1 million in Q1 2024 and $1 million in Q4 2024 [31] - Non-GAAP operating expenses in Q1 were approximately $3 million, compared to $2.5 million in Q1 2024 and $2.9 million in Q4 2024 [32] Market Data and Key Metrics Changes - The discrete FPGA market for U.S. military applications is approximately $1.5 billion, with significant interest in integrating eFPGA technology into ASICs and SoCs [14][44] - The defense industrial base is increasingly interested in using eFPGA technology to reduce costs and improve integration [70][71] Company Strategy and Development Direction - The company aims to capitalize on its unique position as the first available source for eFPGA hard IP for Intel 18A technology, focusing on integration to drive growth [10][14] - The partnership with Faraday is expected to accelerate expansion into new end markets and generate future revenue through storefront services [15][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving solid revenue growth, non-GAAP profitability, and positive cash flow for the full year 2025 despite a slower start [46][41] - The company anticipates a revenue rebound beginning in Q3 2025, driven by new IP contracts and existing mature product sales [39][60] Other Important Information - The company raised approximately $1.5 million from institutional investors and $1.2 million net from an ATM offering [37] - The strategic RadHard FPGA government contract is expected to contribute significantly to future revenue, with ongoing engagement with the defense industrial base [19][86] Q&A Session Summary Question: Can you walk us through the ramp of Intel 18A and its revenue stream? - Management discussed the progress of Intel 18A and its importance in accelerating customer engagement, particularly in defense applications, with revenue expected from licensing and royalties [50][54] Question: What are the key drivers for revenue ramp in the second half of the year? - Key drivers include ongoing Anafuse FPGA business, the strategic RadHard contract, and new IP contracts, particularly in advanced process technologies [58][60] Question: Can you provide insights on storefront opportunities? - Management highlighted several storefront opportunities, including contracts with defense customers and participation in chiplet ecosystems, indicating a growing trend towards storefront services [64][66] Question: How does the company plan to address the $1.5 billion FPGA market? - The company aims to reduce verification costs and improve integration, which is critical for defense applications, thereby enhancing its market position [68][71] Question: Are there opportunities with Faraday beyond the current node? - Management expressed interest in exploring smaller nodes with Faraday as they gain confidence in the integration of eFPGA technology [74][76]

Financial Performance - Total revenue for Q1 2025 was $4.3 million, a decrease of 23.7% year-over-year and 23.8% sequentially[4] - New product revenue was approximately $3.7 million, down $0.8 million or 17.4% compared to Q1 2024, and down $0.9 million or 19.1% from Q4 2024[5] - Mature product revenue was $0.6 million, compared to $1.1 million in Q1 2024 and $1.0 million in Q4 2024[6] - GAAP net loss for Q1 2025 was ($2.2 million), or ($0.14) per share, compared to net income of $0.1 million, or $0.01 per share, in Q1 2024[8] - Non-GAAP operating loss for Q1 2025 was $991 thousand, compared to a profit of $1,598 thousand in Q1 2024, representing a significant decline[26] - US GAAP net loss from continuing operations for Q1 2025 was $2,090 thousand, compared to a profit of $73 thousand in Q1 2024, reflecting a substantial downturn[26] - Non-GAAP net income (loss) from continuing operations per share, basic, was $(0.07) in Q1 2025, down from $0.11 in Q1 2024[26] - The company reported a non-GAAP net income (loss) of $(1,146) thousand for Q1 2025, compared to $1,732 thousand in Q1 2024, indicating a significant drop in performance[26] Margins and Profitability - GAAP gross margin for Q1 2025 was 43.4%, down from 67.1% in Q1 2024 and 62.7% in Q4 2024[6] - Non-GAAP gross margin for Q1 2025 was 45.6%, compared to 72.4% in Q1 2024 and 65.8% in Q4 2024[7] - Gross margin percentage under US GAAP dropped to 43.4% in Q1 2025 from 67.1% in Q1 2024, indicating a decline in profitability[26] Asset and Liability Changes - Total current assets decreased from $29,604 million as of December 29, 2024, to $25,337 million as of March 30, 2025, a decline of approximately 15.3%[24] - Total liabilities decreased from $27,046 million as of December 29, 2024, to $22,760 million as of March 30, 2025, a reduction of approximately 15.9%[24] - Cash and cash equivalents decreased from $21,859 million as of December 29, 2024, to $17,546 million as of March 30, 2025, a decline of approximately 19.5%[24] Product Revenue Trends - Revenue from new products constituted 87% of total revenue in Q1 2025, up from 75% in Q1 2024, indicating a shift towards newer offerings[28] - Revenue from mature products fell by 49% year-over-year in Q1 2025, highlighting challenges in older product lines[28] Strategic Developments - The company delivered design-specific eFPGA Hard IP for Intel 18A customer Test Chip and announced eFPGA integration into Faraday Technology's FlashKit™-22RRAM SoC Development Platform[10] - The company was awarded $1.4 million in Incremental Funding Modification for its Strategic Radiation Hardened Program[10] - The maturity date of a $20 million credit facility was extended from December 31, 2025, to December 31, 2026, for enhanced operational flexibility[10] - The company expects to capitalize on increasing interest from US Military, Aerospace, and Government sectors with its new offerings[3]