QuickLogic Reports First Quarter Fiscal 2024 Results, On Track for Revenue Growth of 30% and Positive Cash Flow in 2024

 

QUICKLOGIC CORPORATION

SUPPLEMENTAL DATA

(Unaudited)




Percentage of Revenue



Change in Revenue




Q1 2024



Q1 2023



Q4 2023



Q1 2024 to Q1 2023



Q1 2024 to Q4 2023


COMPOSITION OF REVENUE





















Revenue by product: (1)





















New products



81

%



74

%



91

%



60

%



(29)

%

Mature products



19

%



26

%



9

%



5

%



74

%

Revenue by geography:





















Asia Pacific



12

%



17

%



6

%



2

%



71

%

North America



84

%



80

%



92

%



52

%



(27)

%

Europe



4

%



3

%



2

%



131

%



58

%

_____________________


(1)

New products include all products manufactured on 180 nanometer or smaller semiconductor processes, eFPGA IP intellectual property, professional services, and QuickAI and SensiML AI software as a service (SaaS) revenue. Mature products include all products produced on semiconductor processes larger than 180 nanometer and includes related royalty revenue.


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