Company Contact
Sue Cheung
Chief Financial Officer
(408) 990-4076
Scheung@quicklogic.com
IR Contact
Kirsten Chapman
(415) 433-3777
ir@quicklogic.com
QUIK-E
-Tables Follow -
| QUICKLOGIC CORPORATION | |||||||||||||||||||
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||||||||||||||
| (in thousands, except per share amounts) | |||||||||||||||||||
| (Unaudited) | |||||||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||||||
| July 2, 2017 | July 3, 2016 | April 2, 2017 | July 2, 2017 | July 3, 2016 | |||||||||||||||
| Revenue | $ | 3,026 | $ | 2,717 | $ | 3,170 | $ | 6,196 | $ | 5,667 | |||||||||
| Cost of revenue | 1,646 | 1,941 | 1,797 | 3,443 | 3,735 | ||||||||||||||
| Gross profit | 1,380 | 776 | 1,373 | 2,753 | 1,932 | ||||||||||||||
| Operating expenses: | |||||||||||||||||||
| Research and development | 2,319 | 3,683 | 2,427 | 4,746 | 7,130 | ||||||||||||||
| Selling, general and administrative | 2,614 | 2,591 | 2,414 | 5,028 | 5,284 | ||||||||||||||
| Total operating expense | 4,933 | 6,274 | 4,841 | 9,774 | 12,414 | ||||||||||||||
| Loss from operations | (3,553 | ) | (5,498 | ) | (3,468 | ) | (7,021 | ) | (10,482 | ) | |||||||||
| Interest expense | (21 | ) | (34 | ) | (61 | ) | (82 | ) | (72 | ) | |||||||||
| Interest income and other (expense), net | 1 | (15 | ) | — | 1 | (22 | ) | ||||||||||||
| Loss before income taxes | (3,573 | ) | (5,547 | ) | (3,529 | ) | (7,102 | ) | (10,576 | ) | |||||||||
| Provision for income taxes | 34 | 27 | 36 | 70 | 91 | ||||||||||||||
| Net loss | $ | (3,607 | ) | $ | (5,574 | ) | $ | (3,565 | ) | $ | (7,172 | ) | $ | (10,667 | ) | ||||
| Net loss per share: | |||||||||||||||||||
| Basic | $ | (0.05 | ) | $ | (0.08 | ) | $ | (0.05 | ) | $ | (0.10 | ) | $ | (0.17 | ) | ||||
| Diluted | $ | (0.05 | ) | $ | (0.08 | ) | $ | (0.05 | ) | $ | (0.10 | ) | $ | (0.17 | ) | ||||
| Weighted average shares: | |||||||||||||||||||
| Basic | 79,799 | 67,415 | 68,794 | 74,327 | 62,893 | ||||||||||||||
| Diluted | 79,799 | 67,415 | 68,794 | 74,327 | 62,893 | ||||||||||||||
