QUICKLOGIC CORPORATION

SUPPLEMENTAL RECONCILIATIONS OF US GAAP AND NON-GAAP FINANCIAL MEASURES

(in thousands, except per share amounts and percentages)

(Unaudited)

Three Months Ended

March 31, 2019

April 1, 2018

December 30, 2018

US GAAP loss from operations

$

(3,709)

$

(3,871)

$

(3,052)

Adjustment for stock-based compensation within:

Cost of revenue

26

34

30

Research and development

655

183

150

Selling, general and administrative

270

215

294

Adjustment for the write-off of equipment:

Selling, general and administrative

—

5

—

Non-GAAP loss from operations

$

(2,758)

$

(3,434)

$

(2,578)

US GAAP net loss

$

(3,476)

$

(3,970)

$

(3,065)

Adjustment for stock-based compensation within:

Cost of revenue

26

34

30

Research and development

655

183

150

Selling, general and administrative

270

215

294

Adjustment for the write-off of equipment:

Selling, general and administrative

—

5

—

Non-GAAP net loss

$

(2,525)

$

(3,533)

$

(2,591)

US GAAP net loss per share

$

(0.04)

$

(0.05)

$

(0.03)

Adjustment for stock-based compensation

0.01

0.01

*

Non-GAAP net loss per share

$

(0.03)

$

(0.04)

$

(0.03)

US GAAP gross margin percentage

62.0

%

50.3

%

51.7

%

Adjustment for stock-based compensation

0.8

%

1.2

%

0.9

%

Non-GAAP gross margin percentage

62.8

%

51.5

%

52.6

%

* Figures were not considered for reconciliation due to the insignificant amount.