QUICKLOGIC Corp
For the period ended Dec 31, 2023. Filed Mar 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 27, 2024
QUIK$8.22-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
| (a) | 1. Financial Statements |
|---|
Reference is made to Item 8 for a list of all financial statements and schedules filed as a part of this Annual Report.
2. Financial Statement Schedules
Following is the Company's valuation and qualifying accounts (in thousands):
| Description: · Balance at Beginning of Period · Charged (Credited) to Costs and Expenses · Deductions (Recovery) · Balance at End of Period | |||||
|---|---|---|---|---|---|
| (in thousands) | |||||
| Allowances: | |||||
| — trade receivables | $18 | $42 | $(26) | $34 | |
| — deferred taxes | 56,862 | — | (578) | (1) | 56,284 |
| $56,880 | $42 | $(604) | $56,318 | ||
| Allowances: | |||||
| — trade receivables | $62 | $18 | $(62) | $18 | |
| — deferred taxes | 60,353 | — | (3,491) | (1) | 56,862 |
| $60,415 | $18 | $(3,553) | $56,880 | ||
| Allowances: | |||||
| — trade receivables | $32 | $30 | $— | $62 | |
| — deferred taxes | 60,486 | — | (133) | (1) | 60,353 |
| $60,518 | $30 | $(133) | $60,415 | ||
(1) Activity represents the (release) increase of a valuation allowance.
All other schedulesnot listed above have been omitted because the information required to be set forth therein isnot applicable or is shown in the financial statements or notes hereto.
| (b) | Exhibits |
|---|
The exhibits listed under Item 15(b) hereof are filed with or incorporated by reference as part of this Annual Report.
| Exhibit Number | Description | Form | Exhibit | Filing Date |
|---|---|---|---|---|
| 3.1 | Fourth Amended and Restated Certificate of Incorporation of QuickLogic Corporation | 8-K | 3.1 | 4/28/2017 |
| 3.2 | Certificate of Amendment to the Amended and Restated Certificate of Incorporation of QuickLogic Corporation | 8-K | 3.1 | 12/24/2019 |
| 3.3 | Amended and Restated Bylaws of QuickLogic Corporation | 8-K | 3.2 | 05/02/2005 |
| 4.1 | Specimen Common Stock certificate of QuickLogic Corporation | S-1/A | 4.1 | 10/12/1999 |
| 4.2 | Form of Common Stock Warrant | 8-K | 4.1 | 05/29/2018 |
| 4.3 | Description of Securities | 10-K | 4.3 | 3/13/2020 |
| 10.1 | Form of Indemnification Agreement for directors and executive officers | 10-Q | 10.24 | 11/13/2002 |
| 10.2 | Standard Industrial Commercial Multi-Tenant Lease between Lundy Associates, LLC, as Lessor, and QuickLogic Corporation, dated February 13, 2019 | 10-K | 10.2 | 03/22/2022 |
| 10.3 | Patent Cross License Agreement dated August 25, 1998, between QuickLogic Corporation and Actel Corporation | S-1/A | 10.18 | 08/10/1999 |
| 10.4* | Form of Change of Control Severance Agreement | 10-K | 10.13 | 03/11/2008 |
| 10.5* | Form of Change of Control Severance Agreement for Chief Executive Officer | 10-K | 10.14 | 03/11/2008 |
| 10.6* | 2005 Executive Bonus Plan, as restated | 8-K | 10.1 | 04/28/2008 |
| 10.7* | QuickLogic Corporation 2019 Stock Plan | 10-Q | 10.1 | 05/09/2019 |
| 10.8* | QuickLogic Corporation 2009 ESPP Plan, as amended | 8-K | 10.8 | 04/22/2020 |
| 10.9* | QuickLogic Corporation 2019 Stock Plan, as amended May 12, 2021 | 8-K | 10.7 | 05/17/2021 |
| 10.10* | QuickLogic Corporation 2009 Employee Stock Purchase Plan | 10-Q | 10.2 | 05/11/2017 |
| 10.11* | Form of Notice of Grant and Stock Option Agreement under the 2009 Stock Plan | 8-K | 10.26 | 08/04/2009 |
| 10.12* | Form of Notice of Grant of Stock Purchase Rights and Restricted Stock Purchase Agreement under the 2009 Stock Plan | 8-K | 10.27 | 08/04/2009 |
| 10.13* | Form of Notice of Grant of Restricted Stock Unit and Restricted Stock Unit Agreement under the 2009 Stock Plan | 8-K | 10-28 | 08/04/2009 |
| 10.14* | Form of Notice of Grant and Stock Option Agreement under the 2019 Stock Plan | 10-K | 10.14 | 03/22/2022 |
| 10.15* | Form of Notice of Grant of Restricted Stock Unit and Restricted Stock Unit Agreement under 2019 Stock Plan | 10-K | 10.15 | 03/22/2022 |
| 10.16* | Form of Notice of Grant of Stock Rights and Restricted Stock Purchase Agreement Under the 2019 Stock Plan | 10-K | 10.16 | 03/22/2022 |
| 10.17 | Amended and Restated Loan and Security Agreement between Heritage Bank of Commerce and QuickLogic Corporation, dated as of December 21, 2018 | 8-K | 10.1 | 12/28/2018 |
| 10.18 | First Amendment to Amended and Restated Loan and Security Agreement between Heritage Bank of Commerce and QuickLogic Corporation, dated as of November 6, 2019 | 10-Q | 10.1 | 11/08/2019 |
| 10.19 | Second Amendment to Amended and Restated Loan and Security Agreement between Heritage Bank of Commerce and QuickLogic Corporation, dated as of December 11, 2020 | 8-K | 10.1 | 12/11/2020 |
| 10.20 | Promissory Note between QuickLogic Corporation and Heritage Bank dated May 6, 2020 | 8-K | 10.1 | 05/06/2020 |
| 10.21 | Third Amendment to Amended and Restated Loan and Security Agreement, dated as of August 16, 2021 | 10-Q | 10.1 | 08/18/2021 |
| 10.22 | Fourth Amendment to Amended and Restated Loan and Security Agreement, dated as of August 16, 2021 | 10-Q | 10.3 | 11/17/2021 |
| 10.23 | Fifth Amendment to Amended and Restated Loan and Security Agreement, dated as of August 16, 2021 | 10-Q | 10.1 | 05/18/2022 |
| 10.24 | Sixth Amendment to Amended and Restated Loan and Security Agreement, dated as of August 16, 2021 | 10-K | 10.24 | 03/28/2023 |
| 10.25 | Seventh Amendment to Amended and Restated Loan and Security Agreement, dated as of December 8, 2023 | 8-K | 10.1 | 12/12/2023 |
| 10.26 | Form of Common Stock Purchase Agreement, dated September 30, 2021, between QuickLogic Corporation and the investor named therein | 8-K | 10.1 | 09/30/2021 |
| 10.27 | Form of Share Agreement, dated September 22, 2021, between QuickLogic Corporation and the purchases named therein | 8-K | 10.2 | 09/30/2021 |
| 10.28 | Form of Common Stock Purchase Agreement, dated February 9, 2022 | 8-K | 10.1 | 02/09/2022 |
| 10.29 | Form of Common Stock Purchase Agreement, dated September 14, 2022 | 8-K | 10.1 | 09/20/2022 |
| 10.30 | Form of Common Stock Purchase Agreement, dated March 13, 2024 | 8-K | 10.1 | 03/18/2024 |
| 21** | Subsidiaries of QuickLogic Corporation | |||
| 23.1** | Consent of Moss Adams LLP, Independent Registered Public Accounting Firm | |||
| 31.1** | Certification of Brian C. Faith, Chief Executive Office, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | |||
| 31.2** | Certification of Elias Nader, Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | |||
| 32.1*** | Certification of Brian C. Faith, Chief Executive Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |||
| 32.2*** | Certification of Elias Nader, Chief Financial Officer, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | |||
| 97** | Clawback Policy - Policy for the Recovery of Erroneously Awarded Compensation, effective as of November 30, 2023 | |||
| 101.INS | Inline XBRL Instance Document | |||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | |||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | |||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | |||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | |||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | |||
| 104 | The cover page from the Company's annual report on Form 10-K for the year ended December 31, 2023 has been formatted in Inline XBRL and contained in Exhibit 101. | |||
- Indicates management contract or compensatory plan or arrangement.
** Filed herewith.
*** Furnished herewith.
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