QUICKLOGIC CORPORATION
SUPPLEMENTAL RECONCILIATIONS OF US GAAP AND NON-GAAP FINANCIAL MEASURES
(in thousands, except per share amounts and percentages)
(Unaudited)

Three Months Ended

April 4, 2021

March 29, 2020

January 3, 2021

US GAAP loss from operations

$

(2,690)

$

(3,062)

$

(2,866)

Adjustment for stock-based compensation within:

Cost of revenue

36

12

82

Research and development

157

(464)

597

Selling, general and administrative

175

54

459

Restructuring expenses and asset write-offs (1)

—

479

129

Non-GAAP loss from operations

$

(2,322)

$

(2,981)

$

(1,599)

US GAAP net loss

$

(1,689)

$

(3,165)

$

(2,942)

Adjustment for stock-based compensation within:

Cost of revenue

36

12

82

Research and development

157

(464)

597

Selling, general and administrative

175

54

459

Restructuring expenses and asset write-offs

—

479

129

Non-GAAP net loss

$

(1,321)

$

(3,084)

$

(1,675)

US GAAP net loss per share, basic and diluted

$

(0.15)

$

(0.38)

$

(0.27)

Adjustment for stock-based compensation

0.03

(0.05)

0.11

Restructuring expenses and asset write-offs

0

0.06

0.01

Non-GAAP net loss per share, basic and diluted

$

(0.12)

$

(0.37)

$

(0.15)

US GAAP gross margin percentage

51.1

%

51.7

%

48.2

%

Adjustment for stock-based compensation included in cost of
revenue

1.6

%

0.5

%

3.3

%

Non-GAAP gross margin percentage

52.7

%

52.2

%

51.5

%