QUIKHIGH SIGNALFINANCIAL10-K

QuickLogic experienced a dramatic deterioration in profitability with gross profit substantially declining alongside meaningful revenue contraction.

The company's gross margin compression indicates either severe pricing pressure, unfavorable product mix shifts, or rising input costs that management has been unable to offset. Combined with the revenue decline, this suggests fundamental challenges in QuickLogic's core business model that require immediate strategic attention.

Comparing 2026-03-27 vs 2025-03-26View on EDGAR →
FINANCIAL ANALYSIS

QuickLogic's financial performance deteriorated markedly, with revenue declining meaningfully to $13.8M while gross profit fell substantially to $3.0M, indicating severe margin compression. The company reduced both R&D spending and capital expenditures, suggesting cost-cutting measures in response to the challenging operating environment. Balance sheet metrics showed broad-based declines in assets and liabilities, though the overall financial position remains relatively stable with improved accounts receivable collection.

FINANCIAL STATEMENT CHANGES
Gross Profit
P&L
-74.5%
$11.9M→$3.0M

Gross margin compression — rising input costs, pricing pressure, or unfavorable product mix shift.

Capital Expenditure
Cash Flow
-41.5%
$5.4M→$3.2M

Capex reduced 41.5% — investment cycle winding down or capital discipline; may improve near-term free cash flow.

Revenue
P&L
-31.5%
$20.1M→$13.8M

Revenue declined 31.5% — significant demand weakness or market share loss warrants investigation.

R&D Expense
P&L
-19.1%
$6.5M→$5.3M

R&D spending cut 19.1% — could signal cost discipline or concerning reduction in innovation investment.

Current Assets
Balance Sheet
-18.2%
$29.6M→$24.2M

Current assets declined 18.2% — monitor working capital adequacy and short-term liquidity.

Total Liabilities
Balance Sheet
-17.4%
$27.0M→$22.3M

Liabilities reduced 17.4% — deleveraging improves balance sheet strength and financial flexibility.

Current Liabilities
Balance Sheet
-16.2%
$25.4M→$21.3M

Current liabilities reduced — improved short-term financial position and working capital health.

Accounts Receivable
Balance Sheet
+15.8%
$2.4M→$2.8M

Receivables grew 15.8% — monitor days sales outstanding for collection efficiency.

Total Assets
Balance Sheet
-13.7%
$51.9M→$44.8M

Total assets contracted 13.7% — asset sales, write-downs, or balance sheet optimization underway.

LANGUAGE CHANGES
NEW — 2026-03-27
PRIOR — 2025-03-26
ADDED
quicklo20251208_10k.htm 0000882508 QUICKLOGIC Corp false --12-28 FY 2025 true true true false The executive management team and the Board oversee the Company s ERM process, including the management of risks arising from cybersecurity threats.
The executive management team and the Board each receive regular presentations and reports on cybersecurity risks, which address a wide range of topics including recent developments, evolving standards, vulnerability assessments, third-party and independent reviews, the threat environment, technological trends, and information security considerations arising with respect to the Company s peers and third parties.
The executive management team and the Board also receive prompt and timely information regarding any cybersecurity incident, as well as ongoing updates regarding any such incident until it has been addressed.
On an annual basis, the executive management team and the Board discuss the Company s approach to cybersecurity risk management to monitor the prevention, detection, mitigation, and remediation of cybersecurity threats and incidents in real time.
The executive management team and the Board oversee the Company s ERM process, including the management of risks arising from cybersecurity threats.
+7 more — sign up free →
REMOVED
quicklo20241211_10k.htm 0000882508 QUICKLOGIC Corp false --12-29 FY 2024 true true true false true true 30 34 0.001 0.001 10,000 10,000 0 0 0 0 0.001 0.001 200,000 200,000 15,336 15,336 14,118 14,118 1,622 1,692 1 10 5 3 5 7 5 7 0 0 0 0 0 0 0 1 10 7 1 7 5 7 3 5 http://fasb.org/us-gaap/2024#PrimeRateMember 5 5 4 0.4 0.4 0.3 10 900 1 1 10 6 6 10 2 0 0 0 0 0 1 false false false false The operating lease relates to the Company's headquarters in San Jose, CA.
As of March 21, 2025, the registran t had 15,799,036 s hares of com mon stock outstanding .
Cyberattacks, like our January 2023 cybersecurity incident that was previously disclosed, can lead to disruption of business, reduced revenue, increased costs, liability claims, or harm to our reputation or competitive position.
If our AI products are not low touch, the cost of addressing the fragmented AI market will be high, which will delay market penetration, result in reduced revenues, or require increased expenses, any of which could adversely affect our revenue and harm our business financial condition, operating results, and cash flows.
Rising concern of potential export restrictions could materially and adversely affect our business and results of operations.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →