Forensic Analysis · Technology / Software · as of Jun 28, 2026
QUICKLOGIC Corp (QUIK)
A forensic read on QUICKLOGIC Corp built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
-23.9
Altman Z-score
Clean
Earnings quality
4
Forensic signals
-59.9%
ROE
$338M
Market cap
QUICKLOGIC Corp earns a F (Poor — capital at risk) forensic quality grade, and its Altman Z-score is -23.9, placing it in the Distress zone. 4 forensic signals were flagged in its latest SEC filings, led by receivables vs revenue.
What the filings flag
74d DSOReceivables vs revenue.Days sales outstanding moved from 45 to 74 days FY2024→FY2025 (receivables +16% vs revenue -30%). Receivables are outrunning sales — a flag for aggressive revenue recognition or slipping collections.
-40%Return on invested capital.Return on invested capital is -40% and rising from -59% — well below its ~10% cost of capital, so reinvested dollars may be destroying value, not building it.
24% of revStock-based comp load.Stock-based compensation ran 24% of revenue in FY2025 — about $0.20 per diluted share. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
$200,000Goodwill impairments.Took $200,000 of goodwill writedowns across 1 year(s) (FY2025 ($200,000)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-107.6%
Debt / Equity0.81x
Free Cash Flow$-6.4M
Latest Revenue$13.8M
Return on Equity-65.9%
Revenue Growth YoY-29.9%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on QUICKLOGIC Corp:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about QUIK's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown