$QUIK
QUICKLOGIC Corp

2018 Q3 Form 10-Q Financial Statement

#000156459018028890 Filed on November 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q3
Revenue $3.510M
YoY Change 15.99%
Cost Of Revenue $1.767M
YoY Change 7.35%
Gross Profit $1.743M
YoY Change 26.3%
Gross Profit Margin 49.66%
Selling, General & Admin $2.509M
YoY Change -4.02%
% of Gross Profit 143.95%
Research & Development $2.461M
YoY Change 6.12%
% of Gross Profit 141.19%
Depreciation & Amortization $340.0K
YoY Change -2.86%
% of Gross Profit 19.51%
Operating Expenses $4.970M
YoY Change 0.75%
Operating Profit -$3.227M
YoY Change -9.18%
Interest Expense $21.00K
YoY Change 0.0%
% of Operating Profit
Other Income/Expense, Net $17.00K
YoY Change 1600.0%
Pretax Income -$3.231M
YoY Change -9.57%
Income Tax $29.00K
% Of Pretax Income
Net Earnings -$3.484M
YoY Change -3.41%
Net Earnings / Revenue -99.26%
Basic Earnings Per Share
Diluted Earnings Per Share -$567.7K
COMMON SHARES
Basic Shares Outstanding 94.58M
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.80M
YoY Change 2.7%
Cash & Equivalents $26.50M
Short-Term Investments
Other Short-Term Assets $234.0K
YoY Change 87.2%
Inventory $4.090M
Prepaid Expenses $853.0K
Receivables $1.226M
Other Receivables $0.00
Total Short-Term Assets $30.62M
YoY Change 11.45%
LONG-TERM ASSETS
Property, Plant & Equipment $1.688M
YoY Change -33.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $222.0K
YoY Change -5.93%
Total Long-Term Assets $1.910M
YoY Change -30.92%
TOTAL ASSETS
Total Short-Term Assets $30.62M
Total Long-Term Assets $1.910M
Total Assets $32.53M
YoY Change 7.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.700M
YoY Change 41.67%
Accrued Expenses $2.218M
YoY Change 34.59%
Deferred Revenue
YoY Change
Short-Term Debt $6.000M
YoY Change 0.0%
Long-Term Debt Due $300.0K
YoY Change 50.0%
Total Short-Term Liabilities $12.79M
YoY Change 40.25%
LONG-TERM LIABILITIES
Long-Term Debt $100.0K
YoY Change 0.0%
Other Long-Term Liabilities $47.00K
YoY Change 34.29%
Total Long-Term Liabilities $47.00K
YoY Change 34.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.79M
Total Long-Term Liabilities $47.00K
Total Liabilities $12.98M
YoY Change 39.81%
SHAREHOLDERS EQUITY
Retained Earnings -$264.7M
YoY Change 7.15%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $19.55M
YoY Change
Total Liabilities & Shareholders Equity $32.53M
YoY Change 7.58%

Cashflow Statement

Concept 2018 Q3
OPERATING ACTIVITIES
Net Income -$3.484M
YoY Change -3.41%
Depreciation, Depletion And Amortization $340.0K
YoY Change -2.86%
Cash From Operating Activities -$3.720M
YoY Change -4.37%
INVESTING ACTIVITIES
Capital Expenditures -$50.00K
YoY Change 66.67%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$50.00K
YoY Change 66.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.02M
YoY Change -2796.15%
NET CHANGE
Cash From Operating Activities -3.720M
Cash From Investing Activities -50.00K
Cash From Financing Activities 14.02M
Net Change In Cash 10.25M
YoY Change -330.86%
FREE CASH FLOW
Cash From Operating Activities -$3.720M
Capital Expenditures -$50.00K
Free Cash Flow -$3.670M
YoY Change -4.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1226000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
925000
CY2018Q3 us-gaap Inventory Net
InventoryNet
4090000
CY2017Q4 us-gaap Inventory Net
InventoryNet
3559000
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1087000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
997000
CY2018Q3 us-gaap Assets Current
AssetsCurrent
30622000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
22008000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1688000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2375000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
222000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
253000
CY2018Q3 us-gaap Assets
Assets
32532000
CY2017Q4 us-gaap Assets
Assets
24636000
CY2018Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
9000000
CY2017Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
6000000
CY2018Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1214000
CY2017Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1437000
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2218000
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1653000
CY2018Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
360000
CY2017Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
299000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
12792000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
9389000
CY2018Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
142000
CY2017Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
355000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
47000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14000
CY2018Q3 us-gaap Liabilities
Liabilities
12981000
CY2017Q4 us-gaap Liabilities
Liabilities
9758000
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0
CY2017Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0
CY2018Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
95000
CY2017Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
80000
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
284205000
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
268833000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-264749000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-254035000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
19551000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
14878000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32532000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24636000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
94922000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
80536000
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
94922000
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
80536000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9396000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9168000
us-gaap Gross Profit
GrossProfit
4662000
us-gaap Gross Profit
GrossProfit
4019000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7526000
us-gaap Operating Expenses
OperatingExpenses
15206000
us-gaap Operating Expenses
OperatingExpenses
14495000
us-gaap Operating Income Loss
OperatingIncomeLoss
-10544000
us-gaap Operating Income Loss
OperatingIncomeLoss
-10476000
us-gaap Interest Expense
InterestExpense
77000
us-gaap Interest Expense
InterestExpense
97000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
26000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2000
us-gaap Net Income Loss
NetIncomeLoss
-10714000
us-gaap Net Income Loss
NetIncomeLoss
-10722000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.12
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.14
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
980000
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
1041000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-10595000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-10575000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
119000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
147000
us-gaap Share Based Compensation
ShareBasedCompensation
1427000
us-gaap Share Based Compensation
ShareBasedCompensation
1060000
us-gaap Inventory Write Down
InventoryWriteDown
206000
us-gaap Inventory Write Down
InventoryWriteDown
127000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
5000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
10000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
301000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
815000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
736000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1416000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
59000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-206000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-232000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-509000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
562000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
211000
CY2018Q2 us-gaap Share Price
SharePrice
1.15
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q2 quik Exercisable Period Of Warrants
ExercisablePeriodOfWarrants
P60M
CY2018Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.38
CY2018Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
13900000
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3092000
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
998000
CY2018Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
853000
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
234000
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14213000
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12525000
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1541000
CY2018Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
677000
CY2018Q3 us-gaap Line Of Credit
LineOfCredit
9000000
CY2018Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
502000
CY2018Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
9502000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
9360000
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
142000
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2017Q1 quik Shelf Registration Numberof Offerings
ShelfRegistrationNumberofOfferings
1
CY2017Q1 quik Shelf Registration Maximum Offering
ShelfRegistrationMaximumOffering
40000000
CY2018Q2 quik Number Of Common Stock Contain In Each Unit
NumberOfCommonStockContainInEachUnit
1
CY2018Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
0.40
CY2018Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.15
CY2018Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1600000
CY2018Q2 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q1 us-gaap Share Price
SharePrice
1.50
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15200000
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
516000
CY2017Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
395000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1427000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1060000
CY2018Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2017Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.22
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
2.10
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M20D
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
172000
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
309000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3558000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
50000
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3503000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3116000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3441000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.09
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.08
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y1M9D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y6M21D
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
131000
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
80000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
122000
CY2018Q3 us-gaap Share Price
SharePrice
1.00
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
111000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
82000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2363000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1388000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
827000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
150000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2774000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.54
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
1.50
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
1.28
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
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.59
CY2018Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
1500000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1200000
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
849000

Files In Submission

Name View Source Status
0001564590-18-028890-index-headers.html Edgar Link pending
0001564590-18-028890-index.html Edgar Link pending
0001564590-18-028890.txt Edgar Link pending
0001564590-18-028890-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
quik-10q_20180930.htm Edgar Link pending
quik-20180930.xml Edgar Link completed
quik-20180930.xsd Edgar Link pending
quik-20180930_cal.xml Edgar Link unprocessable
quik-20180930_def.xml Edgar Link unprocessable
quik-20180930_lab.xml Edgar Link unprocessable
quik-20180930_pre.xml Edgar Link unprocessable
quik-ex311_8.htm Edgar Link pending
quik-ex312_7.htm Edgar Link pending
quik-ex321_6.htm Edgar Link pending
quik-ex322_9.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending