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QuickLogic QUIK Interest Expense

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$5.1M+16.8%
Gross profit$2.4M-53.5%
Operating income-$1.9M-245%
Net income-$2.2M-0.7%
EPS (diluted)-$0.14-275%

Balance sheet

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Cash & equivalents$6.0M-65.5%
Total debt$1.8M+16.5%
Total equity$24.3M-7.8%
Total assets$32.4M-34.0%

Cash flow

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Operating cash flow$721.0K+134%
CapEx$658.0K-51.2%
Free cash flow$63.0K+102%

Valuation

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Market cap$232.36M+134%
Enterprise value$228.14M+180%
P/S16×+10.5×

Profitability

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Gross margin65.1%+4.2pp
Operating margin-5%-2.1pp
Net margin-102.3%-198pp
FCF margin-19.9%-7.4pp

Returns & leverage

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Return on equity-58.7%-242pp
Debt / equity0.1×0.0×
Current ratio1.7×+0.5×

Where this comes from

Reported directly by QuickLogic in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The source filing: QuickLogic’s 10-Q, filed November 13, 2024.

Filed
Nov 13, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q4 2024
Accession
0001437749-24-034931
Line itemThree Months Ended / September 29, 2024Three Months Ended / October 1, 2023Nine Months Ended / September 29, 2024Nine Months Ended / October 1, 2023
Selling, general and administrative2,2921,9156,7385,700
Total operating expenses4,2463,84811,67810,767
Operating income (loss)(1,861)1,280(3,205)(2,046)
Interest expense(186)(48)(295)(156)
Interest income and other income (expense), net(34)(36)(22)(99)
Income (loss) before income taxes(2,081)1,196(3,522)(2,301)
(Benefit from) provision for income taxes134144
Net income (loss)$(2,094)$1,192$(3,536)$(2,305)

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FAQ

What is QuickLogic's interest expense?
QuickLogic (QUIK) reported interest expense of $186K in Q3 2024.
How has QuickLogic's interest expense changed year-over-year?
QuickLogic's interest expense increased by 287.5% year-over-year, from $48K to $186K.
What is the long-term trend for QuickLogic's interest expense?
Over 2 years (2021 to 2023), QuickLogic's interest expense has grown at a 28.6% compound annual growth rate (CAGR), from $130K to $215K.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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