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QuickLogic Reports Fiscal First Quarter 2025 Financial Results
QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal first quarter that ended March 30, 2025.
About this update from Quicklogic Corporation
[{"type":"text","content":"SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced its financial results for the fiscal first quarter that ended March 30, 2025.","length":316,"tagName":"p"},{"type":"image","alt":"QuickLogic logo (PRNewsfoto/QuickLogic Corporation)","displaySize":"","headline":null,"caption":"QuickLogic logo (PRNewsfoto/QuickLogic Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":77,"url":"https://media.zenfs.com/en/prnewswire.com/b58d5dea79e6518aa686b00496935a41"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aMQtILnEqvgZpy5F3VIpMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b58d5dea79e6518aa686b00496935a41","width":400,"height":77}},"href":"https://mma.prnewswire.com/media/643697/QuickLogic_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Recent Highlights","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered design-specific eFPGA Hard IP for Intel 18A customer Test Chip","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"Announced eFPGA integration into Faraday Technology Corporation's FlashKit™-22RRAM SoC Development Platform","length":111,"tagName":"p"}]},{"val":[{"type":"text","content":"Awarded $1.4 million Incremental Funding Modification (IFM) for its Strategic Radiation Hardened Program","length":104,"tagName":"p"}]},{"val":[{"type":"text","content":"Extended $20 million credit facility maturity date from December 31, 2025 to December 31, 2026 for enhanced operational flexibility","length":131,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":418,"olType":false},{"type":"text","content":""Following significant investments during the last year, we developed and in April, delivered design-specific eFPGA Hard IP for a customer's Test Chip, on Intel 18A," said Brian Faith, CEO of QuickLogic. "We believe that being the first, and currently, only company to offer eFPGA Hard IP for Intel 18A puts us in a very strong position to capitalize on the increasing interest from United States Military, Aerospace, and Government ("USMAG") and ...