- QuickLogic published its annual report on Form 10-K for the fiscal year ended Dec. 28, 2025, reporting total revenue of USD 13.8 million, down 30%.
- New products revenue was USD 10.5 million, down 33%, including eFPGA IP revenue of USD 9.5 million, down 28% on a USD 3.7 million decline in eFPGA-related professional services revenue.
- Gross profit was USD 3.0 million, down 75%, as cost of revenue rose 42% to USD 10.7 million, driven by higher compensation, tooling and tooling-related depreciation tied to revenue contracts, plus higher wafer inventory reserves.
- Net loss from continuing operations was USD 12.3 million, and QuickLogic said it expects losses in at least some fiscal quarters during 2026 as it continues new product and technology development.
- Liquidity totaled USD 18.8 million in cash, cash equivalents and restricted cash, including USD 15.0 million in advances under its USD 20.0 million revolving facility, which matures Dec. 31, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QuickLogic Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-010089), on March 27, 2026, and is solely responsible for the information contained therein.
Comments