Forensic Analysis · Semiconductors · as of Aug 12, 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
-12.8
Distress distance
Clean
Earnings quality
5
Forensic signals
-16.3
P / E (ttm)
-65.9%
ROE
$259M
Market cap
0.00%
Dividend yield
-29.9%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Quicklogic Corp earns an F (Poor — capital at risk) forensic quality grade, and its balance-sheet distress test reads -12.8, placing it in the Distress zone. 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-40.0%
FY2025
Return on invested capital.Return on invested capital is -40.0% in the latest fiscal year and slipping from -24% — well below its ~10% cost of capital, so reinvested dollars may be destroying value, not building it.
69d DSO
FY2024→FY2025
Receivables vs revenue.Days sales outstanding moved from 38 to 69 days FY2024→FY2025 (receivables +16% vs revenue -30%). Receivables are creeping up relative to sales. Across FY2021–FY2025 the day count ran 39 → 42 → 37 → 38 → 69 days, so the latest reading sits on top of a record that was flat or falling before it — one year's move, not a direction the business has been travelling in. Deferred revenue was roughly flat (-86%) over the same period, which doesn't corroborate a benign upfront-billing explanation for the receivables build.
n/m (stock split)
FY2016–FY2025
Share count (stock split).Diluted share count changed -75% over the last 9 years to FY2025, but that includes a large one-time change around FY2024 consistent with a stock split or reverse split, not gradual buybacks or issuance — a split changes the count with NO effect on any holder's proportional ownership, so the raw -14.3%/yr figure isn't a real buyback/dilution read here.
24% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 24% of revenue in FY2025 — about $0.20 per diluted share. The cost of it is not in the cash flow — no cash left the business — it is in the count, and there it has run at about 15.3% a year and is falling.
$200,000
Key fundamentals
Latest Revenue$13.8M
Revenue Growth YoY-29.9%
Net Margin-107.6%
Free Cash Flow-$6.4M
Return on Equity-65.9%
Debt / Equity0.13x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Quicklogic Corp's actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Aug 12, 2026. Forensic signals flag probability, not certainty.
FY2025–FY2025
Goodwill impairments.Took $200,000 of goodwill writedowns across 1 year (FY2025 ($200,000)). Writedowns mean past acquisitions underperformed what was paid for them.