|
(1) |
Derived from the December 31, 2017 audited balance sheet included in the 2017 Annual Report on Form 10-K of QuickLogic Corporation. |
|
QUICKLOGIC CORPORATION SUPPLEMENTAL RECONCILIATIONS OF US GAAP AND NON-GAAP FINANCIAL MEASURES (in thousands, except per share amounts and percentages) (Unaudited) | ||||||||||||||||||||
|
|
|
|
|
|
|
| ||||||||||||||
|
|
|
Three Months Ended |
|
|
Six Months Ended |
| ||||||||||||||
|
|
|
July 1, 2018 |
|
|
July 2, 2017 |
|
|
April 1, 2018 |
|
|
July 1, 2018 |
|
|
July 2, 2017 |
| |||||
|
US GAAP loss from operations |
|
$ |
(3,446) |
|
|
$ |
(3,553) |
|
|
$ |
(3,871) |
|
|
$ |
(7,317) |
|
|
$ |
(7,021) |
|
|
Adjustment for stock-based compensation within: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenue |
|
|
35 |
|
|
|
20 |
|
|
|
34 |
|
|
|
69 |
|
|
|
53 |
|
|
Research and development |
|
|
207 |
|
|
|
134 |
|
|
|
183 |
|
|
|
390 |
|
|
|
273 |
|
|
Selling, general and administrative |
|
|
237 |
|
|
|
193 |
|
|
|
215 |
|
|
|
452 |
|
|
|
339 |
|
|
Adjustment for the write-off of equipment within: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
|
|
— |
|
|
|
— |
|
|
|
5 |
|
|
|
5 |
|
|
|
— |
|
|
Non-GAAP loss from operations |
|
$ |
(2,967) |
|
|
$ |
(3,206) |
|
|
$ |
(3,434) |
|
|
$ |
(6,401) |
|
|
$ |
(6,356) |
|
|
US GAAP net loss |
|
$ |
(3,484) |
|
|
$ |
(3,607) |
|
|
$ |
(3,970) |
|
|
$ |
(7,454) |
|
|
$ |
(7,172) |
|
|
Adjustment for stock-based compensation within: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenue |
|
|
35 |
|
|
|
20 |
|
|
|
34 |
|
|
|
69 |
|
|
|
53 |
|
|
Research and development |
|
|
207 |
|
|
|
134 |
|
|
|
183 |
|
|
|
390 |
|
|
|
273 |
|
|
Selling, general and administrative |
|
|
237 |
|
|
|
193 |
|
|
|
215 |
|
|
|
452 |
|
|
|
339 |
|
|
Adjustment for the write-off of equipment within: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
|
|
— |
|
|
|
— |
|
|
|
5 |
|
|
|
5 |
|
|
|
— |
|
|
Non-GAAP net loss |
|
$ |
(3,005) |
|
|
$ |
(3,260) |
|
|
$ |
(3,533) |
|
|
$ |
(6,538) |
|
|
$ |
(6,507) |
|
|
US GAAP net loss per share |
|
$ |
(0.04) |
|
|
$ |
(0.05) |
|
|
$ |
(0.05) |
|
|
$ |
(0.09) |
|
|
$ |
(0.10) |
|
|
Adjustment for stock-based compensation |
|
* |
|
|
|
0.01 |
|
|
|
0.01 |
|
|
|
0.01 |
|
|
|
0.01 |
| |
|
Non-GAAP net loss per share |
|
$ |
(0.04) |
|
|
$ |
(0.04) |
|
|
$ |
(0.04) |
|
|
$ |
(0.08) |
|
|
$ |
(0.09) |
|
|
US GAAP gross margin percentage |
|
|
49.0 |
% |
|
|
45.6 |
% |
|
|
50.3 |
% |
|
|
49.6 |
% |
|
|
44.4 |
% |
|
Adjustment for stock-based compensation |
|
|
1.1 |
% |
|
|
0.7 |
% |
|
|
1.2 |
% |
|
|
1.2 |
% |
|
|
0.9 |
% |
|
Adjustment for the write-off of equipment |
|
|
— |
|
|
|
— |
|
|
* |
|
|
* |
|
|
|
— |
| ||
|
Non-GAAP gross margin percentage |
|
|
50.1 |
% |
|
|
46.3 |
% |
|
|
51.5 |
% |
|
|
50.8 |
% |
|
|
45.3 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* Figures were not considered for reconciliation due to the insignificant amount. | ||||||||||||||||||||
