On a non-GAAP basis, tax and other expenses totaled $54,000. These consisted primarily of interest charges, foreign exchange losses, and taxes incurred on our foreign operations. Our non-GAAP net loss was $484,000 or $0.01 per share compared with a net loss of $1.3 million, or $0.04 a share in the fourth quarter of 2009.Our ending cash position of $18.3 million reflects an increase of approximately $100,000 from the Q4 ending balance. Our cash usage of $1 million during the quarter was offset by the sale of $700,000 shares of TowerJazz Semiconductor holding, which resulted in proceeds of approximately $1.1 million.
QuickLogic Corporation Q1 2010 Earnings Call Transcript
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