$QUIK
QUICKLOGIC Corp Stock $quik

$quik Overview Financials Valuation SEC Filings Company Website

2015 Q4 Form 10-Q Financial Statement

#000088250815000035 Filed on November 03, 2015

Income Statement

Concept	2015 Q4	2015 Q3	2014 Q3
Revenue		$4.194M	$4.124M
YoY Change		1.7%	-54.51%
Cost Of Revenue		$2.952M	$2.361M
YoY Change		25.03%	-60.89%
Gross Profit		$1.242M	$1.763M
YoY Change		-29.55%	-41.8%
Gross Profit Margin		29.61%	42.75%
Selling, General & Admin		$2.508M	$2.579M
YoY Change		-2.75%	-19.58%
% of Gross Profit		201.93%	146.28%
Research & Development		$3.684M	$3.057M
YoY Change		20.51%	48.98%
% of Gross Profit		296.62%	173.4%
Depreciation & Amortization		$350.0K	$400.0K
YoY Change		-12.5%	25.0%
% of Gross Profit		28.18%	22.69%
Operating Expenses		$6.269M	$5.636M
YoY Change		11.23%	7.82%
Operating Profit		-$5.027M	-$3.873M
YoY Change		29.8%	76.21%
Interest Expense		$35.00K	$34.00K
YoY Change		2.94%	325.0%
% of Operating Profit
Other Income/Expense, Net		-$39.00K	-$17.00K
YoY Change		129.41%	-77.03%
Pretax Income		-$5.101M	-$3.924M
YoY Change		29.99%	72.11%
Income Tax		-$15.00K	$6.000K
% Of Pretax Income
Net Earnings		-$5.086M	-$3.930M
YoY Change		29.41%	73.74%
Net Earnings / Revenue		-121.27%	-95.3%
Basic Earnings Per Share		-$0.09	-$0.07
Diluted Earnings Per Share		-$0.09	-$0.07
COMMON SHARES
Basic Shares Outstanding	56.60M shares	56.59M shares	55.81M shares
Diluted Shares Outstanding		56.59M shares	55.81M shares

Balance Sheet

Concept	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$23.40M	$31.20M
YoY Change	-25.0%	109.4%
Cash & Equivalents	$23.44M	$31.16M
Short-Term Investments
Other Short-Term Assets	$119.0K	$84.00K
YoY Change	41.67%	1.2%
Inventory	$2.372M	$6.878M
Prepaid Expenses	$714.0K	$880.0K
Receivables	$1.633M	$1.747M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$28.28M	$40.75M
YoY Change	-30.6%	74.22%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.563M	$2.889M
YoY Change	-11.28%	-3.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$231.0K	$228.0K
YoY Change	1.32%	-4.2%
Total Long-Term Assets	$2.794M	$3.117M
YoY Change	-10.36%	-3.94%
TOTAL ASSETS
Total Short-Term Assets	$28.28M	$40.75M
Total Long-Term Assets	$2.794M	$3.117M
Total Assets	$31.07M	$43.87M
YoY Change	-29.16%	64.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.000M	$1.700M
YoY Change	76.47%	-45.16%
Accrued Expenses	$2.029M	$1.839M
YoY Change	10.33%	-29.43%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$200.0K	$200.0K
YoY Change	0.0%	-83.33%
Total Short-Term Liabilities	$5.360M	$3.786M
YoY Change	41.57%	-45.03%
LONG-TERM LIABILITIES
Long-Term Debt	$1.100M	$1.200M
YoY Change	-8.33%
Other Long-Term Liabilities	$127.0K	$64.00K
YoY Change	98.44%	-43.86%
Total Long-Term Liabilities	$127.0K	$64.00K
YoY Change	98.44%	-43.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.360M	$3.786M
Total Long-Term Liabilities	$127.0K	$64.00K
Total Liabilities	$6.607M	$5.075M
YoY Change	30.19%	-27.51%
SHAREHOLDERS EQUITY
Retained Earnings	-$215.9M	-$198.8M
YoY Change	8.63%	7.16%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$24.47M	$38.79M
YoY Change
Total Liabilities & Shareholders Equity	$31.07M	$43.87M
YoY Change	-29.16%	64.7%

Cashflow Statement

Concept	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	-$5.086M	-$3.930M
YoY Change	29.41%	73.74%
Depreciation, Depletion And Amortization	$350.0K	$400.0K
YoY Change	-12.5%	25.0%
Cash From Operating Activities	-$2.790M	-$3.140M
YoY Change	-11.15%	18.05%
INVESTING ACTIVITIES
Capital Expenditures	-$80.00K	-$10.00K
YoY Change	700.0%	-99.12%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$80.00K	$0.00
YoY Change		-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-110.0K	-20.00K
YoY Change	450.0%	-102.22%
NET CHANGE
Cash From Operating Activities	-2.790M	-3.140M
Cash From Investing Activities	-80.00K	0.000
Cash From Financing Activities	-110.0K	-20.00K
Net Change In Cash	-2.980M	-3.160M
YoY Change	-5.7%	9.72%
FREE CASH FLOW
Cash From Operating Activities	-$2.790M	-$3.140M
Capital Expenditures	-$80.00K	-$10.00K
Free Cash Flow	-$2.710M	-$3.130M
YoY Change	-13.42%	104.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--01-03
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-27
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000882508
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	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	QUICKLOGIC CORPORATION
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	quik	Purchase Of Equipment Included In Accounts Payable PurchaseOfEquipmentIncludedInAccountsPayable	33000	USD
	quik	Purchase Of Equipment Included In Accounts Payable PurchaseOfEquipmentIncludedInAccountsPayable	125000	USD
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CY2015Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1633000	USD
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CY2015Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	0	USD
CY2014Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	76000	USD
CY2015Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	127000	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-17000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-79000	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-39000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-98000	USD
CY2015Q3	us-gaap	Payments For Restructuring PaymentsForRestructuring	131000	USD
	us-gaap	Payments For Restructuring PaymentsForRestructuring	131000	USD
CY2013Q4	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	2200000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	525000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	237000	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2015Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2015Q3	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1146000	USD
CY2015Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	833000	USD
CY2014Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1042000	USD
CY2015Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	714000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4334000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	394000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	18684000	USD
CY2015Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	17403000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3217000	USD
CY2015Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2563000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	268000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	258000	USD
CY2014Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3057000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8754000	USD
CY2015Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3684000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10654000	USD
CY2015Q2	us-gaap	Restructuring And Related Cost Number Of Positions Eliminated RestructuringAndRelatedCostNumberOfPositionsEliminated	9	employee
CY2015Q2	us-gaap	Restructuring Charges RestructuringCharges	169000	USD
CY2015Q3	us-gaap	Restructuring Charges RestructuringCharges	77000	USD
	us-gaap	Restructuring Charges RestructuringCharges	246000	USD
CY2014Q3	us-gaap	Restructuring Costs RestructuringCosts	0	USD
	us-gaap	Restructuring Costs RestructuringCosts	0	USD
CY2015Q3	us-gaap	Restructuring Costs RestructuringCosts	77000	USD
	us-gaap	Restructuring Costs RestructuringCosts	246000	USD
CY2014Q4	us-gaap	Restructuring Reserve RestructuringReserve	0	USD
CY2015Q3	us-gaap	Restructuring Reserve RestructuringReserve	111000	USD
	us-gaap	Restructuring Reserve Translation Adjustment RestructuringReserveTranslationAdjustment	-4000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-202908000	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-215910000	USD
CY2014Q3	us-gaap	Sales Revenue Net SalesRevenueNet	4124000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	22124000	USD
CY2015Q3	us-gaap	Sales Revenue Net SalesRevenueNet	4194000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	15326000	USD
CY2014Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2579000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8892000	USD
CY2015Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2508000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8158000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1750000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1496000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P4Y
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	52000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	0.00
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	322000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.85
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	650000	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	840000	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	3.47
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	495000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	80000	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	3.03
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	80000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	1.83
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	4424000	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	2.62
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	3700000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	83000	USD
CY2014Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	2.10
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	2.10
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	0.90
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	322000	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5682000	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5148000	shares
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.67
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.68
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	322000	USD
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	5148000	shares
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	2.68
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.98
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	2.86
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.00
CY2015Q3	us-gaap	Share Price SharePrice	1.65
CY2013Q4	us-gaap	Share Price SharePrice	2.90
CY2015Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	322000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P4Y3M8D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y10M2D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P4Y10M2D
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	119000	shares
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	35567000	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	24466000	USD
CY2014Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	51000	USD
CY2015Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	36000	USD
CY2015Q3	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	16000	USD
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	55812000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	55208000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56588000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56379000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55812000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55208000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56588000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56379000	shares
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Risk</font></div><div style="line-height:120%;text-align:left;padding-left:14px;text-indent:-14px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's accounts receivable are denominated in U.S. dollars and are derived primarily from sales to customers located in North America, Asia Pacific, and Europe. The Company performs ongoing credit evaluations of its customers and generally does not require collateral. See Note 11 for information regarding concentrations associated with accounts receivable.</font></div></div>
	us-gaap	Fiscal Period FiscalPeriod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">QuickLogic's fiscal year ends on the Sunday closest to December 31 and the fiscal quarters each end on the Sunday closest to the end of each calendar quarter. QuickLogic's </font><font style="font-family:inherit;font-size:10pt;">third</font><font style="font-family:inherit;font-size:10pt;"> fiscal quarters for </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> and for </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> ended on Sunday, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">September 27, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">September 28, 2014</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Uses of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities and the reported amounts of revenue and expenses during the period. Actual results could differ materially from those estimates, particularly in relation to revenue recognition, the allowance for doubtful accounts, sales returns, valuation of investments, valuation of long-lived assets, valuation of inventories including identification of excess quantities, market value and obsolescence, measurement of stock-based compensation awards, accounting for income taxes and estimating accrued liabilities.</font></div></div>

Files In Submission

Name	View Source	Status
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0000882508-15-000035-index.html	Edgar Link	pending
0000882508-15-000035.txt	Edgar Link	pending
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2015 Q4 Form 10-Q Financial Statement

#000088250815000035 Filed on November 03, 2015

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2015 Q4 Form 10-Q Financial Statement

#000088250815000035 Filed on November 03, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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QUICKLOGIC Corp Stock $quik