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 |
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| Six Months Ended |
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| July 4,
|
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| June 28,
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| April 4,
|
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| July 4,
|
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| June 28,
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US GAAP loss from operations |
| $ | (1,980) |
|
| $ | (2,895) |
|
| $ | (2,690) |
|
| $ | (4,670) |
|
| $ | (5,957) |
|
Adjustment for stock-based compensation within: |
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|
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Cost of revenue |
|
| 18 |
|
|
| 31 |
|
|
| 36 |
|
|
| 54 |
|
|
| 43 |
|
Research and development |
|
| 82 |
|
|
| 486 |
|
|
| 157 |
|
|
| 239 |
|
|
| 22 |
|
Selling, general and administrative |
|
| 102 |
|
|
| 224 |
|
|
| 175 |
|
|
| 277 |
|
|
| 278 |
|
Restructuring expenses and asset write-offs (1) |
|
| — |
|
|
| 34 |
|
|
| — |
|
|
| — |
|
|
| 513 |
|
Non-GAAP loss from operations |
| $ | (1,778) |
|
| $ | (2,120) |
|
| $ | (2,322) |
|
| $ | (4,100) |
|
| $ | (5,101) |
|
US GAAP net loss |
| $ | (2,062) |
|
| $ | (2,979) |
|
| $ | (1,689) |
|
| $ | (3,751) |
|
| $ | (6,144) |
|
Adjustment for stock-based compensation within: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenue |
|
| 18 |
|
|
| 31 |
|
|
| 36 |
|
|
| 54 |
|
|
| 43 |
|
Research and development |
|
| 82 |
|
|
| 486 |
|
|
| 157 |
|
|
| 239 |
|
|
| 22 |
|
Selling, general and administrative |
|
| 102 |
|
|
| 224 |
|
|
| 175 |
|
|
| 277 |
|
|
| 278 |
|
Restructuring expenses and asset write-offs |
|
| — |
|
|
| 34 |
|
|
| — |
|
|
| — |
|
|
| 513 |
|
Non-GAAP net loss |
| $ | (1,860) |
|
| $ | (2,204) |
|
| $ | (1,321) |
|
| $ | (3,181) |
|
| $ | (5,288) |
|
US GAAP net loss per share, basic and diluted |
| $ | (0.18) |
|
| $ | (0.35) |
|
| $ | (0.15) |
|
| $ | (0.33) |
|
| $ | (0.73) |
|
Adjustment for stock-based compensation |
|
| 0.02 |
|
|
| 0.09 |
|
|
| 0.03 |
|
|
| 0.05 |
|
|
| 0.04 |
|
Restructuring expenses and asset write-offs |
|
| 0 |
|
|
| * |
|
|
| 0 |
|
|
| 0 |
|
|
| 0.07 |
|
Non-GAAP net loss per share, basic and diluted |
| $ | (0.16) |
|
| $ | (0.26) |
|
| $ | (0.12) |
|
| $ | (0.28) |
|
| $ | (0.62) |
|
US GAAP gross margin percentage |
|
| 50.9 | % |
|
| 45.7 | % |
|
| 51.1 | % |
|
| 51.0 | % |
|
| 48.7 | % |
Adjustment for stock-based compensation included in cost of revenue |
|
| 0.6 | % |
|
| 1.4 | % |
|
| 1.6 | % |
|
| 1.0 | % |
|
| 1.0 | % |
Non-GAAP gross margin percentage |
|
| 51.5 | % |
|
| 47.1 | % |
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| 52.7 | % |
|
| 52.0 | % |
|
| 49.7 | % |