QUICKLOGIC Corp
For the period ended Sep 28, 2025. Filed Nov 12, 2025.
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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.
Sep 28, 2025 · Filed Nov 12, 2025
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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Unaudited Condensed Consolidated Balance Sheets
(in thousands, except par value amount)
| September 28, | December 29, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $17,343 | $21,859 |
| Accounts receivable, net of allowance for credit losses of $0 as of September 28, 2025 and December 29, 2024 | 2,034 | 2,426 |
| Contract assets | 1,396 | 2,682 |
| Note receivable, current | 1,388 | — |
| Inventories, net | 869 | 940 |
| Prepaid expenses and other current assets | 1,261 | 1,666 |
| Assets of business held for sale, net | 10 | 31 |
| Total current assets | 24,301 | 29,604 |
| Property and equipment, net | 16,647 | 15,699 |
| Capitalized internal-use software, net | 1,081 | 711 |
| Right of use assets, net | 540 | 758 |
| Intangible assets, net | 349 | 378 |
| Non-marketable equity investment | — | 300 |
| Inventories, non-current, net | 618 | 718 |
| Note receivable, non-current | — | 1,292 |
| Other assets | 227 | 117 |
| Assets of business held for sale, net | 2,355 | 2,356 |
| TOTAL ASSETS | $46,118 | $51,933 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Revolving line of credit | $15,000 | $18,000 |
| Trade payables | 2,763 | 3,097 |
| Accrued liabilities | 952 | 1,587 |
| Deferred revenue | 382 | 444 |
| Note payable, current | 1,234 | 1,928 |
| Lease liabilities, current | 311 | 284 |
| Liabilities of business held for sale | (1) | 57 |
| Total current liabilities | 20,641 | 25,397 |
| Long-term liabilities: | ||
| Lease liabilities, non-current | 218 | 447 |
| Notes payable, non-current | 529 | 1,202 |
| Total liabilities | 21,388 | 27,046 |
| Commitments and contingencies (see Note 14) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value; 10,000 shares authorized; no shares issued and outstanding | — | — |
| Common stock, $0.001 par value; 200,000 authorized; 16,768 and 15,336 shares issued and outstanding as of September 28, 2025 and December 29, 2024, respectively | 17 | 15 |
| Additional paid-in capital | 342,977 | 334,268 |
| Accumulated deficit | (318,264) | (309,396) |
| Total stockholders' equity | 24,730 | 24,887 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $46,118 | $51,933 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.