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QuickLogic (QUIK) Presents At 16th Annual Virtual Technology & Media Virtual Conference - Slideshow
2021-06-04 22:24
Investor Presentation May 2021 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or are preceded by words such as "will", "may", "should", "forecast", "could", "expect", "suggest", "believe", "anticipate", "intend", "plan", "future", "potential", "target", "seek", ...
QuickLogic(QUIK) - 2022 Q1 - Quarterly Report
2021-05-19 19:33
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To COMMISSION FILE NUMBER: 000-22671 QUICKLOGIC CORPORATION FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended April 4, 2021 OR (Exact name of registrant as specified in its charter) Delaware 77-0188504 (State ...
QuickLogic(QUIK) - 2021 Q4 - Annual Report
2021-03-23 21:18
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JANUARY 3, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 (State or other jurisdi ...
QuickLogic(QUIK) - 2020 Q4 - Earnings Call Transcript
2021-02-18 01:52
QuickLogic Corporation (NASDAQ:QUIK) Q4 2020 Earnings Conference Call February 17, 2021 5:30 PM ET Company Participants Jim Fanucchi - Darrow Associates Brian Faith - President and Chief Executive Officer Sue Cheung - Chief Financial Officer Conference Call Participants Suji Desilva - Roth Capital Richard Shannon - Craig-Hallum Rick Neaton - Rivershore Operator Ladies and gentlemen, good afternoon. At this time, I'd like to welcome everyone to QuickLogic Corporation's Fourth Quarter and Fiscal Year 2020 Ear ...
QuickLogic (QUIK) Investor Presentation - Slideshow
2020-11-22 18:39
Investor Presentation November 2020 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or are preceded by words such as "will", "may", "should", "forecast", "could", "expect", "suggest", "believe", "anticipate", "intend", "plan", "future", "potential", "target", "s ...
QuickLogic(QUIK) - 2020 Q3 - Earnings Call Transcript
2020-11-05 03:39
QuickLogic Corp (NASDAQ:QUIK) Q3 2020 Earnings Conference Call November 5, 2020 5:00 PM ET Company Participants Jim Fanucchi - Darrow Associates Brian Faith - President, CEO & Director Sue Cheung - CFO & VP, Finance Conference Call Participants Suji Desilva - ROTH Capital Partners Martin Yang - Oppenheimer Richard Shannon - Craig-Hallum Richard Neaton - Rivershore Operator Ladies and gentlemen, good afternoon. At this time, I'd like to welcome everyone to QuickLogic Corporation's Third Quarter Fiscal Year 2 ...
QuickLogic(QUIK) - 2020 Q2 - Earnings Call Presentation
2020-08-07 23:28
Investor Presentation August 2020 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally written in the future tense and/or are preceded by words such as "will", "may", "should", "forecast", "could", "expect", "suggest", "believe", "anticipate", "intend", "plan", "future", "potential", "target", "see ...
QuickLogic(QUIK) - 2020 Q2 - Earnings Call Transcript
2020-08-06 02:41
QuickLogic Corporation (NASDAQ:QUIK) Q2 2020 Earnings Conference Call August 5, 2020 5:30 PM ET Company Participants Jim Fanucchi - Darrow Associates Brian Faith - President & Chief Executive Officer Sue Cheung - Chief Financial Officer Conference Call Participants Richard Shannon - Craig-Hallum Sujeeva Desilva - ROTH Capital Operator Ladies and gentlemen, good afternoon. At this time, IÂ'd like to welcome everyone to QuickLogic Corporation's Second Quarter Fiscal Year 2020 Earnings Results Conference Call. ...
QuickLogic(QUIK) - 2020 Q1 - Earnings Call Presentation
2020-05-12 17:31
Investor Presentation May 2020 Safe Harbor Statement This presentation contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: delays in the market acceptance of the Company's new products; the ability to convert design opportunities into custo ...
QuickLogic(QUIK) - 2020 Q1 - Earnings Call Transcript
2020-05-12 04:52
Financial Data and Key Metrics Changes - For Q1 2020, revenue was $2.2 million, down from $3.2 million in Q1 2019, reflecting a decline due to COVID-19 impacts [45][46] - Non-GAAP gross margin in Q1 was 52.2%, compared to 62.8% in the same quarter last year, primarily due to product mix changes [48] - Non-GAAP net loss in Q1 was $3.1 million, or $0.37 per share, compared to a net loss of $2.5 million, or $0.37 per share in Q1 2019 [51] Business Line Data and Key Metrics Changes - New product revenue for Q1 was $540,000, down from $690,000 in Q1 2019, mainly due to a decline in display bridge sales [46] - Mature product revenue was $1.7 million, compared to $2.5 million in Q1 2019, affected by changes in demand from aerospace and avionics customers [47] - The company expects mature product sales to account for about half of total revenue for the year [19] Market Data and Key Metrics Changes - The military market remains stable, with no significant budget impacts reported due to COVID-19, as many designs are already completed [90] - The smartphone market with Kyocera is strong, with no COVID-19 related impacts observed, and the company anticipates launching additional phones later in the year [28][66] - The consumer and industrial IoT market is seeing deepening collaborations with Flextronics and Infineon, although marketing activities have been delayed due to the pandemic [29][84] Company Strategy and Development Direction - The company is focusing on three areas for revenue growth: mature products, SoC products with multinational OEMs, and the SensiML AI SaaS platform [18] - A strategic initiative with a mega-cap platform company is expected to significantly expand the user base for QuickLogic's solutions [34] - The company is also launching a special trial version of the SensiML AI platform to assist during the pandemic [43] Management's Comments on Operating Environment and Future Outlook - The company anticipates a 20% revenue impact for fiscal 2020 due to COVID-19, but expects sequential revenue increases in Q2 and beyond [14][15] - Management remains confident in achieving profitability, with a revenue target of around $6 million needed to reach non-GAAP profitability [44] - The company is actively addressing supply chain challenges and is optimistic about future growth despite current uncertainties [21][60] Other Important Information - The company secured a $1.2 million Paycheck Protection Program loan to support payroll and benefits during the pandemic [58] - Cash at the end of Q1 was $19.0 million, down from $21.6 million at the end of the previous quarter [52] Q&A Session Summary Question: What are the drivers for the new products segment recovering from $500,000 to $1.1 million? - The majority of the recovery is driven by Kyocera, along with contributions from IP licensing and smaller new product deals [64] Question: Is there any change in the forecast for Kyocera due to COVID-19? - There have been no significant changes in the forecast, and the company expects a linear ramp throughout the year [66] Question: Can you clarify the situation with the SmartTV remote control? - The customer had to revert to an older design due to delays in testing and product launches caused by COVID-19 [70] Question: Are there any COVID-related issues at the fab? - No issues from the wafer fab point of view, but assembly capacity has been impacted due to strict transportation policies [77] Question: What is the expected revenue impact from COVID-19 for the full year? - The revenue outlook is now expected to be in the lower to mid-teens percentage range [86] Question: How is the military market performing amid COVID-19? - The military market remains stable, with no significant budget impacts, and ongoing projects are expected to progress once teams return to work [90]