|
PIXELWORKS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) | |||||
|
September 30,
2018 |
December 31,
2017 | ||||
| ASSETS | |||||
| Current assets: | |||||
| Cash and cash equivalents | $ | 18,057 | $ | 27,523 | |
| Short-term marketable securities | 6,069 | — | |||
| Accounts receivable, net | 5,771 | 4,640 | |||
| Inventories | 3,041 | 2,846 | |||
| Prepaid expenses and other current assets | 1,762 | 1,328 | |||
| Total current assets | 34,700 | 36,337 | |||
| Property and equipment, net | 5,062 | 5,605 | |||
| Other assets, net | 1,312 | 1,338 | |||
| Acquired intangible assets, net | 4,607 | 5,856 | |||
| Goodwill | 18,407 | 18,407 | |||
| Total assets | $ | 64,088 | $ | 67,543 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||
| Current liabilities: | |||||
| Accounts payable | $ | 2,187 | $ | 1,436 | |
| Accrued liabilities and current portion of long-term liabilities | 13,814 | 16,387 | |||
| Current portion of income taxes payable | 251 | 445 | |||
| Total current liabilities | 16,252 | 18,268 | |||
| Long-term liabilities, net of current portion | 883 | 1,487 | |||
| Income taxes payable, net of current portion | 2,300 | 2,282 | |||
| Convertible debt | — | 6,069 | |||
| Total liabilities | 19,435 | 28,106 | |||
| Shareholders’ equity | 44,653 | 39,437 | |||
| Total liabilities and shareholders’ equity | $ | 64,088 | $ | 67,543 | |
Contacts:
Investor Contact
Shelton Group
Brett Perry
P: +1-214-272-0070
E:
bperry@sheltongroup.com
Company Contact
Pixelworks, Inc.
Steven Moore
P: +1-408-200-9221
E:
smoore@pixelworks.com
