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 3, 2022

April 4, 2021

January 2, 2022

US GAAP loss from operations

$

(1,009)

$

(2,690)

$

(1,585)

     Adjustment for stock-based compensation within:

          Cost of revenue

56

36

150

          Research and development

85

157

322

          Selling, general and administrative

242

175

599

Non-GAAP loss from operations

$

(626)

$

(2,322)

$

(514)

US GAAP net loss

$

(1,164)

$

(1,689)

$

(1,583)

     Adjustment for stock-based compensation within:

          Cost of revenue

56

36

150

          Research and development

85

157

322

          Selling, general and administrative

242

175

599

Non-GAAP net loss

$

(781)

$

(1,321)

$

(512)

US GAAP net loss per share, basic and diluted

$

(0.10)

$

(0.15)

$

(0.13)

     Adjustment for stock-based compensation

0.04

0.03

0.09

Non-GAAP net loss per share, basic and diluted

$

(0.06)

$

(0.12)

$

(0.04)

US GAAP gross margin percentage

60.1

%

51.1

%

56.1

%

     Adjustment for stock-based compensation included in cost of 
     revenue

1.4

%

1.6

%

4.0

%

Non-GAAP gross margin percentage

61.5

%

52.7

%

60.1

%