$QUIK
QUICKLOGIC Corp Stock $quik

$quik Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000088250817000033 Filed on August 10, 2017

Income Statement

Concept	2017 Q3	2016 Q3
Revenue	$3.026M	$2.717M
YoY Change	11.37%	-35.22%
Cost Of Revenue	$1.646M	$1.941M
YoY Change	-15.2%	-34.25%
Gross Profit	$1.380M	$776.0K
YoY Change	77.84%	-37.52%
Gross Profit Margin	45.6%	28.56%
Selling, General & Admin	$2.614M	$2.591M
YoY Change	0.89%	3.31%
% of Gross Profit	189.42%	333.89%
Research & Development	$2.319M	$3.683M
YoY Change	-37.04%	-0.03%
% of Gross Profit	168.04%	474.61%
Depreciation & Amortization	$350.0K	$320.0K
YoY Change	9.38%	-8.57%
% of Gross Profit	25.36%	41.24%
Operating Expenses	$4.933M	$6.274M
YoY Change	-21.37%	0.08%
Operating Profit	-$3.553M	-$5.498M
YoY Change	-35.38%	9.37%
Interest Expense	$21.00K	$34.00K
YoY Change	-38.24%	-2.86%
% of Operating Profit
Other Income/Expense, Net	$1.000K	-$15.00K
YoY Change	-106.67%	-61.54%
Pretax Income	-$3.573M	-$5.547M
YoY Change	-35.59%	8.74%
Income Tax	$34.00K	$27.00K
% Of Pretax Income
Net Earnings	-$3.607M	-$5.574M
YoY Change	-35.29%	9.59%
Net Earnings / Revenue	-119.2%	-205.15%
Basic Earnings Per Share	-$0.05	-$0.08
Diluted Earnings Per Share	-$0.05	-$0.08
COMMON SHARES
Basic Shares Outstanding	79.80M shares	67.42M shares
Diluted Shares Outstanding	79.80M shares	67.42M shares

Balance Sheet

Concept	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$22.20M	$19.00M
YoY Change	16.84%	-18.8%
Cash & Equivalents	$22.23M	$18.97M
Short-Term Investments
Other Short-Term Assets	$125.0K	$119.0K
YoY Change	5.04%	0.0%
Inventory	$3.322M	$2.318M
Prepaid Expenses	$743.0K	$864.0K
Receivables	$1.051M	$1.485M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$27.48M	$23.76M
YoY Change	15.65%	-15.99%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.529M	$3.090M
YoY Change	-18.16%	20.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$236.0K	$307.0K
YoY Change	-23.13%	32.9%
Total Long-Term Assets	$2.765M	$3.397M
YoY Change	-18.6%	21.58%
TOTAL ASSETS
Total Short-Term Assets	$27.48M	$23.76M
Total Long-Term Assets	$2.765M	$3.397M
Total Assets	$30.24M	$27.15M
YoY Change	11.37%	-12.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.200M	$1.500M
YoY Change	-20.0%	-50.0%
Accrued Expenses	$1.648M	$1.434M
YoY Change	14.92%	-29.32%
Deferred Revenue
YoY Change
Short-Term Debt	$6.000M	$0.00
YoY Change
Long-Term Debt Due	$200.0K	$100.0K
YoY Change	100.0%	-50.0%
Total Short-Term Liabilities	$9.121M	$3.113M
YoY Change	193.0%	-41.92%
LONG-TERM LIABILITIES
Long-Term Debt	$100.0K	$4.100M
YoY Change	-97.56%	272.73%
Other Long-Term Liabilities	$35.00K	$120.0K
YoY Change	-70.83%	-5.51%
Total Long-Term Liabilities	$35.00K	$120.0K
YoY Change	-70.83%	-5.51%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.121M	$3.113M
Total Long-Term Liabilities	$35.00K	$120.0K
Total Liabilities	$9.285M	$7.342M
YoY Change	26.46%	11.12%
SHAREHOLDERS EQUITY
Retained Earnings	-$247.1M	-$231.4M
YoY Change	6.76%	7.18%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$20.96M	$19.81M
YoY Change
Total Liabilities & Shareholders Equity	$30.24M	$27.15M
YoY Change	11.37%	-12.62%

Cashflow Statement

Concept	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	-$3.607M	-$5.574M
YoY Change	-35.29%	9.59%
Depreciation, Depletion And Amortization	$350.0K	$320.0K
YoY Change	9.38%	-8.57%
Cash From Operating Activities	-$3.890M	-$5.100M
YoY Change	-23.73%	82.8%
INVESTING ACTIVITIES
Capital Expenditures	-$30.00K	-$460.0K
YoY Change	-93.48%	475.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$30.00K	-$460.0K
YoY Change	-93.48%	475.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-520.0K	1.240M
YoY Change	-141.94%	-1227.27%
NET CHANGE
Cash From Operating Activities	-3.890M	-5.100M
Cash From Investing Activities	-30.00K	-460.0K
Cash From Financing Activities	-520.0K	1.240M
Net Change In Cash	-4.440M	-4.320M
YoY Change	2.78%	44.97%
FREE CASH FLOW
Cash From Operating Activities	-$3.890M	-$5.100M
Capital Expenditures	-$30.00K	-$460.0K
Free Cash Flow	-$3.860M	-$4.640M
YoY Change	-16.81%	71.22%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-07-02
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000882508
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	80111394	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	QUICKLOGIC CORPORATION
	quik	Purchase Of Equipment Included In Accounts Payable PurchaseOfEquipmentIncludedInAccountsPayable	8000	USD
	quik	Purchase Of Equipment Included In Accounts Payable PurchaseOfEquipmentIncludedInAccountsPayable	208000	USD
CY2017Q1	quik	Shelf Registration Maximum Offering ShelfRegistrationMaximumOffering	40000000.0	USD
CY2017Q1	quik	Shelf Registration Numberof Offerings ShelfRegistrationNumberofOfferings	1	offering
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CY2017Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1051000	USD
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CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-15000	USD
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	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1197000	USD
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	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	103000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	64000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1513000	USD
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CY2017Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
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CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q1	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2017Q3	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2017Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1123000	USD
CY2017Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	868000	USD
CY2017Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	960000	USD
CY2017Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	743000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	8800000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15800000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15800000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	10447000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	17304000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	2000000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	6000000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	70000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	14897000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	15127000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2765000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2529000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	238000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	299000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	6000000	USD
CY2016Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3683000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	7130000	USD
CY2017Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	2319000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4746000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-239904000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-247076000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	2717000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	5667000	USD
CY2017Q3	us-gaap	Sales Revenue Net SalesRevenueNet	3026000	USD
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	79799000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	74327000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	67415000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	62893000	shares
	us-gaap	Share Based Compensation ShareBasedCompensation	1001000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	6196000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	665000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	107000	shares
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2591000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5284000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2614000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5028000	USD
	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	378000	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	1.57
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1370000	shares
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	1358000	shares
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	1.68
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	1.72
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	283000	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	1.31
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3968000	shares
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	2.61
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	0	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	97000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	117000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	656000	USD
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4979000	shares
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4809000	shares
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.35
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.35
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	560000	USD
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	4636000	shares
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	2.39
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	1.31
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	2.96
CY2017Q3	us-gaap	Share Price SharePrice	1.46
CY2016Q1	us-gaap	Share Price SharePrice	1.00
CY2017Q1	us-gaap	Share Price SharePrice	1.50
CY2017Q1	us-gaap	Share Price SharePrice	1.50
CY2017Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	216000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P2Y6M7D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P3Y7M21D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P3Y5M9D
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	53000	shares
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	11988000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	20955000	USD
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	67415000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62893000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	79799000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	74327000	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:48px;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:48px;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;">second</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;">2017</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;">2016</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;">July 2, 2017</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;">July 3, 2016</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:48px;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 including mask sets, 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
0000882508-17-000033-index-headers.html	Edgar Link	pending
0000882508-17-000033-index.html	Edgar Link	pending
0000882508-17-000033.txt	Edgar Link	pending
0000882508-17-000033-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
quik-20170702.xml	Edgar Link	completed
quik-20170702.xsd	Edgar Link	pending
quik-20170702_cal.xml	Edgar Link	unprocessable
quik-20170702_def.xml	Edgar Link	unprocessable
quik-20170702_lab.xml	Edgar Link	unprocessable
quik-20170702_pre.xml	Edgar Link	unprocessable
quik_2017xq2x10q.htm	Edgar Link	pending
quik_2017xq2x10qex311.htm	Edgar Link	pending
quik_2017xq2x10qex312.htm	Edgar Link	pending
quik_2017xq2x10qex321.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2017 Q3 Form 10-Q Financial Statement

#000088250817000033 Filed on August 10, 2017

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2017 Q3 Form 10-Q Financial Statement

#000088250817000033 Filed on August 10, 2017

Income Statement

Balance Sheet

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Facts In Submission

Files In Submission

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