QUICKLOGIC CORPORATION | ||||||||||||||||||||
SUPPLEMENTAL RECONCILIATIONS OF US GAAP AND NON-GAAP FINANCIAL MEASURES | ||||||||||||||||||||
(in thousands, except per share amounts and percentages) | ||||||||||||||||||||
(Unaudited) | ||||||||||||||||||||
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|
| Three Months Ended |
|
| Six Months Ended |
| ||||||||||||||
|
| June 30, 2019 |
|
| July 1, 2018 |
|
| March 31, 2019 |
|
| June 30, 2019 |
|
| July 1, 2018 |
| |||||
US GAAP loss from operations |
| $ | (4,533) |
|
| $ | (3,446) |
|
| $ | (3,709) |
|
| $ | (8,242) |
|
| $ | (7,317) |
|
Adjustment for stock-based compensation within: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenue |
|
| 18 |
|
|
| 35 |
|
|
| 26 |
|
|
| 44 |
|
|
| 69 |
|
Research and development |
|
| 532 |
|
|
| 207 |
|
|
| 655 |
|
|
| 1,187 |
|
|
| 390 |
|
Selling, general and administrative |
|
| 241 |
|
|
| 237 |
|
|
| 270 |
|
|
| 511 |
|
|
| 452 |
|
Adjustment for the write-off of equipment: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
|
| 2 |
|
|
| — |
|
|
| — |
|
|
| 2 |
|
|
| 5 |
|
Non-GAAP loss from operations |
| $ | (3,740) |
|
| $ | (2,967) |
|
| $ | (2,758) |
|
| $ | (6,498) |
|
| $ | (6,401) |
|
US GAAP net loss |
| $ | (4,634) |
|
| $ | (3,484) |
|
| $ | (3,476) |
|
| $ | (8,110) |
|
| $ | (7,454) |
|
Adjustment for stock-based compensation within: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenue |
|
| 18 |
|
|
| 35 |
|
|
| 26 |
|
|
| 44 |
|
|
| 69 |
|
Research and development |
|
| 532 |
|
|
| 207 |
|
|
| 655 |
|
|
| 1,187 |
|
|
| 390 |
|
Selling, general and administrative |
|
| 241 |
|
|
| 237 |
|
|
| 270 |
|
|
| 511 |
|
|
| 452 |
|
Adjustment for the write-off of equipment: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative |
|
| 2 |
|
|
| — |
|
|
| — |
|
|
| 2 |
|
|
| 5 |
|
Non-GAAP net loss |
| $ | (3,841) |
|
| $ | (3,005) |
|
| $ | (2,525) |
|
| $ | (6,366) |
|
| $ | (6,538) |
|
US GAAP net loss per share |
| $ | (0.05) |
|
| $ | (0.04) |
|
| $ | (0.04) |
|
| $ | (0.09) |
|
| $ | (0.09) |
|
Adjustment for stock-based compensation |
|
| 0.01 |
|
| * |
|
|
| 0.01 |
|
|
| 0.02 |
|
|
| 0.01 |
| |
Non-GAAP net loss per share |
| $ | (0.04) |
|
| $ | (0.04) |
|
| $ | (0.03) |
|
| $ | (0.07) |
|
| $ | (0.08) |
|
US GAAP gross margin percentage |
|
| 49.0 | % |
|
| 49.0 | % |
|
| 62.0 | % |
|
| 56.8 | % |
|
| 49.6 | % |
Adjustment for stock-based compensation |
|
| 0.8 | % |
|
| 1.1 | % |
|
| 0.8 | % |
|
| 0.9 | % |
|
| 1.2 | % |
Non-GAAP gross margin percentage |
|
| 49.8 | % |
|
| 50.1 | % |
|
| 62.8 | % |
|
| 57.7 | % |
|
| 50.8 | % |
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* Figures were not considered for reconciliation due to the insignificant amount. |