QUICKLOGIC Corp
Business
QuickLogic Corporation develops programmable logic semiconductor technologies, including embedded FPGA intellectual property and specialized FPGA devices for applications requiring adaptable hardware functionality. The company offers eFPGA IP licensing, discrete FPGA devices, development tools, and professional services for integration into custom semiconductor designs. Products serve aerospace & defense, industrial systems, data processing, and edge computing markets through direct sales and channel partners in North America, Europe, and Asia.
Summary from 10-K filed 2026-03-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 14 | 20 | 21 | 16 | 13 | |
| Cost of revenue | 11 | 8 | 7 | 7 | 5 | |
| Gross profit | 3 | 12 | 14 | 9 | 7 | |
| Research and development | 5 | 6 | 6 | 5 | 7 | |
| Selling, general and administrative | 9 | 9 | 8 | 8 | 8 | |
| Asset Impairment Charges | 300,000 | 0 | — | — | — | |
| Restructuring costs | 75,000 | 0 | — | — | — | |
| Operating income (loss) | −12 | −3 | 70,000 | −4 | −8 | |
| Interest expense | −370,000 | −406,000 | −215,000 | −148,000 | −130,000 | |
| Interest income and other (expense) income, net | −28,000 | 24,000 | −116,000 | −221,000 | −43,000 | |
| Income (loss) from continuing operations before income taxes | −12 | −3 | −261,000 | −4 | −6 | |
| (Benefit from) provision for income taxes | 18,000 | 3,000 | 2,000 | 98,000 | 119,000 | |
| Net income (loss) from continuing operations | −12 | −3 | — | — | — | |
| Net income (loss) from discontinued operations, net of taxes | −2 | −936,000 | — | — | — | |
| Net income (loss) | −15 | −4 | −263,000 | −4 | −7 | |
| Basic (in dollars per share) | −0.76 | −0.2 | — | — | — | |
| Diluted (in dollars per share) | −0.76 | −0.2 | — | — | — | |
| Basic (in dollars per share) | −0.91 | −0.26 | −0.02 | −0.34 | −0.57 | |
| Diluted (in dollars per share) | −0.91 | −0.26 | — | — | — | |
| Basic (in shares) | 16 | 15 | 13 | 13 | 11,535 | |
| Diluted (in shares) | 16 | 15 | — | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2025 2025-06-30 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 19 | — | 22 | 25 | 19 | |
| Accounts receivable | 3 | — | 2 | 2 | 3 | |
| Contract assets | 217,000 | — | 3 | 4 | 2 | |
| Inventories | 956,000 | — | 940,000 | 2 | 2 | |
| Prepaid expenses and other current assets | 1 | — | 2 | 2 | 2 | |
| Assets of business held for disposal, net | 2,000 | — | 31,000 | — | — | |
| Total current assets | 24 | — | 30 | 35 | 28 | |
| Property and equipment, net | 18 | — | 16 | 9 | 1 | |
| Capitalized internal-use software, net | 1 | — | 711,000 | 2 | 2 | |
| Operating and Finance Lease, Right of Use Asset | 464,000 | — | 758,000 | 981,000 | 464,000 | |
| Intangible assets, net | 339,000 | — | 378,000 | 537,000 | 645,000 | |
| Non-marketable equity investment | 0 | 300,000 | 300,000 | 300,000 | 300,000 | |
| Inventories, non-current | 187,000 | — | 718,000 | 0 | — | |
| Financing Receivable, after Allowance for Credit Loss, Noncurrent | 0 | — | 1 | 0 | — | |
| Other assets | 241,000 | — | 117,000 | 142,000 | 140,000 | |
| Assets of business held for disposal, net | 0 | — | 2 | — | — | |
| TOTAL ASSETS | 45 | — | 52 | 48 | 33 | |
| Revolving line of credit | 15 | — | 18 | 20 | 15 | |
| Trade payables | 2 | — | 3 | 5 | 2 | |
| Accrued liabilities | 2 | — | 2 | 3 | 2 | |
| Deferred revenue | 64,000 | — | 444,000 | 1 | 272,000 | |
| Notes payable, current | 2 | — | 2 | 946,000 | 448,000 | |
| Lease liabilities, current | 321,000 | — | 284,000 | 302,000 | 402,000 | |
| Liabilities of business held for disposal | 0 | — | 57,000 | — | — | |
| Total current liabilities | 21 | — | 25 | 30 | 20 | |
| Lease liabilities, non-current | 126,000 | — | 447,000 | 681,000 | 105,000 | |
| Notes payable, non-current | 926,000 | — | 1 | 461,000 | 439,000 | |
| Total liabilities | 22 | — | 27 | 31 | 21 | |
| Commitments and Contingencies (Note 16) | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued or outstanding | 0 | — | 0 | 0 | 0 | |
| Common stock, $0.001 par value; 200,000 shares authorized; 17,290 and 15,336 shares issued and outstanding as of December 28, 2025 and December 29, 2024, respectively | 17,000 | — | 15,000 | 14,000 | 13,000 | |
| Additional paid-in capital | 347 | — | 334 | 322 | 317 | |
| Accumulated deficit | −324 | — | −309 | −306 | −305 | |
| Total stockholders' equity | 22 | — | 25 | 17 | 12 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 45 | — | 52 | 48 | 33 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 5 | 4 | 2 | 1 | 1 | |
| ROU asset amortization | 294,000 | 269,000 | 348,000 | 345,000 | 325,000 | |
| Stock-based compensation | 3 | 5 | 3 | 2 | 3 | |
| Write-down of inventories | 613,000 | 82,000 | 606,000 | 224,000 | 225,000 | |
| Impairment of investment in non-affiliate | 300,000 | 0 | — | — | — | |
| Impairment of assets held by SensiML entity | 2 | 0 | — | — | — | |
| Expected credit loss expense | 7,000 | −4,000 | — | 18,000 | 62,000 | |
| Non-cash interest expense | 11,000 | 0 | — | — | — | |
| Loss on disposal of equipment | 5,000 | 0 | — | — | −5,000 | |
| Accounts receivable | −379,000 | −807,000 | 1 | −2 | 627,000 | |
| Contract assets | 2 | 927,000 | −2 | −2 | −295,000 | |
| Inventories | −98,000 | 289,000 | −142,000 | −639,000 | 385,000 | |
| Other assets | −361,000 | 233,000 | −958,000 | −220,000 | −444,000 | |
| Trade payables | −2 | −4 | 91,000 | 1 | −2,000 | |
| Accrued liabilities | 158,000 | −1 | 1 | −156,000 | 325,000 | |
| Deferred revenue | −390,000 | −598,000 | 780,000 | −183,000 | 403,000 | |
| Lease liabilities | −284,000 | −298,000 | −389,000 | −366,000 | −339,000 | |
| Other long-term liabilities | 0 | −125,000 | 0 | −22,000 | 147,000 | |
| Net cash provided by (used in) operating activities | −3 | 27,000 | 5 | −4 | −3 | |
| Capital expenditures for property and equipment | −3 | −5 | −5 | −142,000 | −180,000 | |
| Capitalized internal-use software | −525,000 | −967,000 | −872,000 | −672,000 | −533,000 | |
| Purchases of intangible assets | 0 | −94,000 | 0 | 0 | — | |
| Net cash provided by (used in) investing activities | −4 | −6 | −6 | −814,000 | −713,000 | |
| Payment of notes payable | −2 | −1 | −701,000 | −452,000 | −378,000 | |
| Proceeds from notes payable | 0 | 0 | 105,000 | 0 | 0 | |
| Proceeds from line of credit | 60 | 78 | 65 | 60 | 60 | |
| Repayment of line of credit | −63 | −80 | −60 | −60 | −60 | |
| Proceeds from issuance of common stock | 308,000 | 310,000 | 200,000 | 253,000 | 263,000 | |
| Proceeds from issuance of common stock to investors | 9 | 7 | 2 | 5 | 1 | |
| Stock issuance costs | −496,000 | −24,000 | −20,000 | −17,000 | −45,000 | |
| Net cash provided by (used in) financing activities | 4 | 4 | 7 | 4 | 434,000 | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | −3 | −3 | 5 | −404,000 | −3 | |
| Interest paid | 368,000 | 344,000 | 81,000 | 86,000 | 77,000 | |
| Income taxes paid | 23,000 | 33,000 | 14,000 | 16,000 | 73,000 | |
| Purchases of assets with financing arrangements | 2 | 3 | 1 | 650,000 | 690,000 | |
| Stock-based compensation capitalized as internal-use software | 50,000 | 49,000 | 248,000 | 0 | 0 | |
| Stock-based compensation capitalized as tooling and fixed assets | 0 | 9,000 | 0 | 0 | — | |
| Purchases of property and equipment in accounts payable and accrued liabilities | 973,000 | 2 | 2 | 1,000 | 1,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is QUICKLOGIC Corp's CIK number?
QUICKLOGIC Corp's SEC CIK number is 0000882508 (882508). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find QUICKLOGIC Corp's SEC filings?
All of QUICKLOGIC Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did QUICKLOGIC Corp last report earnings?
QUICKLOGIC Corp (QUIK) most recently filed an earnings 8-K with the SEC on May 12, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-016430). This is QUICKLOGIC Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is QUICKLOGIC Corp's most recent earnings 8-K?
QUICKLOGIC Corp's latest earnings 8-K (Item 2.02) was filed May 12, 2026 under accession 0001437749-26-016430. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View QUICKLOGIC Corp's latest earnings 8-K →
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