QuickLogic Corporation (QUIK) Q2 2026 Earnings Call Transcript

Ladies and gentlemen, good afternoon. At this time, I would like to welcome everyone to QuickLogic Corporation's Second Quarter Fiscal 2026 Earnings Results Conference Call. As a reminder, today's call is being recorded for replay purposes. I would now like to turn the conference over to Ms. Alison Ziegler of Darrow Associates. Ms. Ziegler, you may begin. Alison Ziegler Darrow Associates Inc. Thank you, Operator, and thank you to all of you for joining us. Our speakers today are Brian Faith, President and Chief Executive Officer; and Elias Nader, Senior Vice President and Chief Financial Officer. As a reminder, some of the comments QuickLogic makes today are forward-looking statements that involve risks and uncertainties, including, but not limited to, statements regarding our future profitability, revenue growth and cash flows, expectations regarding our future business and statements regarding the timing, milestones and payments related to our government contracts, statements regarding expected contracts and the expected magnitude of such contracts and statements regarding expected adoption rates and/or orders by our customers. Actual results may differ due to a variety of factors, including: delays in the market acceptance of the company's new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers' products; the risk that new