QUICKLOGIC Corp
For the period ended Mar 31, 2024. Filed May 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 15, 2024
QUIK$8.47+5.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share amounts)
| Three Months Ended | ||
|---|---|---|
| March 31, | April 2, | |
| 2024 | 2023 | |
| Revenue | $6,007 | $4,133 |
| Cost of revenue | 2,024 | 1,743 |
| Gross profit | 3,983 | 2,390 |
| Operating expenses: | ||
| Research and development | 1,459 | 1,629 |
| Selling, general and administrative | 2,351 | 1,861 |
| Total operating expenses | 3,810 | 3,490 |
| Operating income (loss) | 173 | (1,100) |
| Interest expense | (69) | (58) |
| Interest income and other income (expense), net | 11 | (63) |
| Income (loss) before income taxes | 115 | (1,221) |
| (Benefit from) provision for income taxes | 7 | 7 |
| Net income (loss) | $108 | $(1,228) |
| Net income (loss) per share: | ||
| Basic | $0.01 | $(0.09) |
| Diluted | $0.01 | $(0.09) |
| Weighted average shares outstanding: | ||
| Basic | 14,177 | 13,215 |
| Diluted | 14,545 | 13,215 |
Note: Net income (loss) equals comprehensive income (loss) for all periods presented.
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