QUIK Stock: Insider Activity, Filings & Research

QuickLogic Corporation (QUIK) — Drillr’s hub for QUIK insider activity, SEC filings, earnings signals and AI research. Over the trailing 3 months, QUIK insiders filed 0 open-market buys and 8 sales (SEC Form 4).

Sentiment

0/100

Buys (3m)

Sells (3m)

Net (3m)

-$1.2M

Insider trades by month Buys Sells

Sep

Dec

Feb

Mar

Apr

May

Context3-month price +161.9%Institutions accumulating (13F)

Date	Insider	Type	Shares	Price
May 21, 2026	Kim Joycedirector	Sell	5,500	$20.00
May 21, 2026	Faith Brian Cdirector, officer: PRESIDENT AND CEO	Option	41,480	$12.05
May 21, 2026	Faith Brian Cdirector, officer: PRESIDENT AND CEO	Sell	41,480	$20.45
May 18, 2026	TAUSS GARY Hdirector	Sell	2,195	$19.20
Apr 14, 2026	FARESE MICHAEL J.director	Sell	4,800	$11.71
Apr 7, 2026	FARESE MICHAEL J.director	Sell	4,000	$10.31
Mar 19, 2026	FARESE MICHAEL J.director	Sell	1,813	$9.91
Mar 12, 2026	FARESE MICHAEL J.director	Sell	1,729	$9.61
Mar 10, 2026	Kim Joycedirector	Sell	5,500	$8.43
Mar 5, 2026	FARESE MICHAEL J.director	Sell	2,328	$9.41
Feb 13, 2026	Nader Eliasofficer: CFO, SVP FINANCE	Sell	2,624	$7.08
Feb 12, 2026	Nader Eliasofficer: CFO, SVP FINANCE	Option	4,673	—
Dec 9, 2025	Nader Eliasofficer: CFO, SVP FINANCE	Sell	5,687	$6.30
Dec 9, 2025	Nader Eliasofficer: CFO, SVP FINANCE	Sell	10,813	$6.36
Dec 4, 2025	TAUSS GARY Hdirector	Sell	1,000	$5.98

Source: QUIK SEC Form 4 filings, latest May 21, 2026. For informational purposes only — not investment advice.

Overview

QuickLogic Corporation (NASDAQ:QUIK) is a San Jose-based semiconductor company founded in 1988 that specializes in ultra-low power programmable solutions and embedded FPGA intellectual property. The company went public in 1999 and has evolved from a traditional FPGA manufacturer into a focused provider of embedded FPGA (eFPGA) Hard IP solutions, primarily serving defense, aerospace, and industrial markets. QuickLogic has positioned itself as a key player in the growing market for customizable semiconductor solutions, particularly targeting applications requiring flexible, low-power processing capabilities.

Business

QuickLogic operates in the semiconductor industry, specifically focusing on Field Programmable Gate Arrays (FPGAs) and related intellectual property solutions. FPGAs are specialized computer chips that can be reprogrammed after manufacturing to perform specific functions, making them highly versatile for applications requiring customization or frequent updates. Unlike traditional fixed-function chips, FPGAs allow engineers to modify their functionality through software programming, providing flexibility that standard processors cannot offer. The company's core business revolves around embedded FPGA (eFPGA) Hard IP, which represents intellectual property that can be integrated directly into other companies' System-on-Chip (SoC) designs. This technology allows semiconductor manufacturers to embed programmable logic directly into their custom chips, combining the benefits of both fixed-function ASICs (Application-Specific Integrated Circuits) and programmable FPGAs. QuickLogic's eFPGA solutions are particularly valuable for applications requiring ultra-low power consumption, such as always-on voice processing, sensor data processing, and edge AI applications. The company operates through several key business segments: 1. New Product Revenue (approximately 75-85% of total revenue): This segment includes eFPGA Hard IP licensing, government contracts for radiation-hardened FPGAs, and newer programmable solutions. The Strategic Radiation Hardened FPGA government contract represents a significant portion of this revenue stream. 2. Mature Product Revenue (approximately 15-25% of total revenue): Legacy FPGA products and older programmable solutions that continue to generate revenue but are not the company's strategic focus. 3. SensiML AI Software Platform: An analytics toolkit that enables developers to create machine learning algorithms for sensor data processing, particularly targeting Internet of Things (IoT) and edge computing applications. QuickLogic also provides supporting software tools, including the Aurora Tool Suite for FPGA development and various design software solutions that complement their hardware offerings.

Revenue model

QuickLogic generates revenue through multiple business models centered around intellectual property licensing and product sales. The primary revenue streams include eFPGA Hard IP licensing, where the company licenses its embedded FPGA technology to other semiconductor companies for integration into their SoCs. These licensing agreements typically involve upfront payments for IP access and ongoing royalties based on the customer's chip sales volumes. The company's largest revenue contributor is government contracting, particularly the Strategic Radiation Hardened FPGA contract with the U.S. government, which has generated tens of millions in revenue over multiple phases. This contract involves developing specialized FPGA solutions that can operate in high-radiation environments for military and aerospace applications. Additionally, QuickLogic sells traditional FPGA products directly to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) through distributors and direct sales. The SensiML software platform generates revenue through software licensing and subscription models, targeting companies developing AI-enabled IoT devices. QuickLogic also provides engineering services and support, creating additional service-based revenue streams. Several factors influence QuickLogic's margins and profitability. Positive margin drivers include the high-margin nature of IP licensing, which requires minimal incremental costs once developed, and the specialized nature of radiation-hardened solutions that command premium pricing. The company's focus on defense and government markets provides relatively stable demand and pricing power. However, margin pressures arise from the cyclical nature of semiconductor markets, intense competition from larger FPGA vendors like Intel (Altera) and AMD (Xilinx), and the significant R&D investments required to develop IP for new process technologies. The company's small scale also limits its ability to achieve economies of scale compared to larger competitors, though recent consolidation in the eFPGA market (such as Analog Devices' acquisition of Flex Logix) has potentially improved QuickLogic's competitive positioning.

Competitive moat

QuickLogic's competitive moat is moderate but potentially strengthening due to recent industry consolidation. The company's primary moat stems from its specialized expertise in developing eFPGA Hard IP for advanced semiconductor process nodes, particularly its position as potentially the only provider of eFPGA Hard IP optimized for Intel's 18A process technology. This technical specialization creates switching costs for customers who integrate QuickLogic's IP into their designs, as changing vendors would require significant re-engineering efforts. The company benefits from its established relationships within the U.S. defense and government sectors, where security clearances, proven reliability, and domestic sourcing requirements create barriers to entry for foreign competitors. The Strategic Radiation Hardened FPGA contract demonstrates this advantage, as developing radiation-hardened solutions requires specialized knowledge and significant investment that few companies possess. However, QuickLogic's moat faces several challenges. The company operates in a highly competitive semiconductor industry dominated by much larger players with greater resources. Intel's Altera and AMD's Xilinx divisions have significantly more R&D budgets and broader customer relationships. The eFPGA market itself remains relatively niche, limiting growth potential compared to broader semiconductor markets. The recent acquisition of Flex Logix (QuickLogic's primary eFPGA competitor) by Analog Devices has paradoxically strengthened QuickLogic's position by reducing direct competition, particularly in the Hard IP space. This consolidation may provide QuickLogic with better pricing power and market positioning, though it also highlights the industry's tendency toward consolidation that could eventually threaten QuickLogic's independence. The company's small size makes it vulnerable to being acquired or marginalized by larger competitors, though its specialized government relationships and technical expertise provide some defensive value.

Risks & safety

QuickLogic presents a moderate margin of safety with mixed financial health indicators: **Cash Position and Solvency:** - Cash and short-term investments: $17.5 million (Q1 2025) - Current ratio: 1.18, indicating adequate short-term liquidity - Quarterly cash burn: approximately $2-3 million based on recent operating cash flows - Debt-to-equity ratio: 0.63, representing manageable leverage levels **Valuation Metrics:** - Price-to-book ratio: 2.97, reasonable for a technology company - Enterprise value appears reasonable given negative EBITDA but improving operational trends - Market cap of approximately $90 million reflects small-cap status with associated volatility risks **Other Considerations:** - Revenue volatility remains high with quarterly fluctuations between $4-6 million - Company achieved near break-even non-GAAP profitability in 2024 - Strong government contract backlog provides revenue visibility - Balance sheet appears stable with manageable working capital requirements

Recent development

Over the past few years, QuickLogic has undergone a significant strategic transformation from a traditional FPGA product company to an IP-focused business model. The company's most significant pivot involved developing eFPGA Hard IP solutions for advanced semiconductor process nodes, positioning itself as a specialized provider of embedded programmable logic intellectual property. Key strategic developments include securing the multi-phase Strategic Radiation Hardened FPGA government contract, which has provided substantial revenue and validated the company's technical capabilities in demanding applications. The company has systematically expanded its eFPGA Hard IP portfolio across multiple fabrication processes, growing from supporting a few process nodes to targeting 9-10 different processes by 2025. A major recent development was QuickLogic's partnership with Intel Foundry to develop eFPGA Hard IP for the advanced 18A process node. This partnership, combined with QuickLogic's membership in Intel's USMAG (U.S. Military, Aerospace, and Government) Alliance, positions the company to capitalize on the growing trend toward domestic semiconductor manufacturing for defense applications. The competitive landscape shifted favorably for QuickLogic when Analog Devices acquired Flex Logix, QuickLogic's primary eFPGA competitor, in 2024. This consolidation potentially leaves QuickLogic as the leading independent eFPGA Hard IP provider, particularly for Intel's advanced process technologies. The company hired Andy Jaros, former FlexLogix VP of Sales, to help convert existing FlexLogix customers and expand market reach. QuickLogic has also been developing new business models, including "Storefront" services where the company provides complete chip design and manufacturing services, and exploring chiplet architectures that could represent significant future revenue opportunities. The SensiML AI software platform has been enhanced with new features including Piccolo AI and generative AI capabilities, though the company is exploring options for potentially divesting this business to focus on its core eFPGA operations.

QUIK company profile · for informational purposes only — not investment advice.

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