QuickLogic Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022	Jan '21 Jan 3, 2021
Revenue	16.18	20.11	21.2	16.18	12.69	8.63
Revenue Growth (YoY)	-24.58%	-5.12%	31.01%	27.55%	46.92%	-16.26%
Cost of Revenue	10.47	8.23	6.71	7.38	5.27	4.39
Gross Profit	5.71	11.89	14.49	8.8	7.42	4.25
Selling, General & Admin	8.59	8.77	7.97	7.6	8.01	6.82
Research & Development	5.94	6.54	6.45	5	6.93	7.54
Operating Expenses	14.53	15.32	14.42	12.6	14.94	14.36
Operating Income	-8.82	-3.43	0.07	-3.8	-7.52	-10.12
Interest Expense	-0.4	-0.41	-0.22	-0.15	-0.13	-0.33
Interest & Investment Income	-	-	-	-	-	0.1
Other Non Operating Income (Expenses)	-0.02	-0	-0.12	-0.22	-0.04	-
EBT Excluding Unusual Items	-9.24	-3.84	-0.26	-4.17	-7.69	-10.35
Merger & Restructuring Charges	-0.08	-	-	-	-	-0.75
Other Unusual Items	-	-	-	-	1.19	-
Pretax Income	-9.62	-3.84	-0.26	-4.17	-6.5	-11.1
Income Tax Expense	-0.01	0	0	0.1	0.12	0.05
Net Income	-9.17	-3.84	-0.26	-4.27	-6.62	-11.15
Net Income to Common	-9.17	-3.84	-0.26	-4.27	-6.62	-11.15
Shares Outstanding (Basic)	16	15	13	13	12	10
Shares Outstanding (Diluted)	16	15	13	13	12	10
Shares Change (YoY)	10.36%	7.86%	6.87%	9.13%	17.93%	27.64%
EPS (Basic)	-0.58	-0.26	-0.02	-0.34	-0.57	-1.14
EPS (Diluted)	-0.58	-0.26	-0.02	-0.34	-0.57	-1.14
Free Cash Flow	-6.62	-5.38	-0.62	-4.2	-3.04	-7
Free Cash Flow Per Share	-0.42	-0.37	-0.05	-0.33	-0.26	-0.71
Gross Margin	35.30%	59.10%	68.34%	54.40%	58.49%	49.20%
Operating Margin	-54.49%	-17.06%	0.33%	-23.49%	-59.25%	-117.17%
Profit Margin	-56.70%	-19.10%	-1.24%	-26.37%	-52.16%	-129.15%
Free Cash Flow Margin	-40.94%	-26.73%	-2.93%	-25.95%	-24.00%	-81.04%
EBITDA	-4.62	-0.52	1.28	-3.05	-6.81	-9.4
EBITDA Margin	-28.57%	-2.57%	6.02%	-18.87%	-53.70%	-108.86%
D&A For EBITDA	4.19	2.91	1.21	0.75	0.7	0.72
EBIT	-8.82	-3.43	0.07	-3.8	-7.52	-10.12
EBIT Margin	-54.49%	-17.06%	0.33%	-23.49%	-59.25%	-117.17%
Advertising Expenses	-	0.07	0.04	0.04	0.05	0.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.