Pixelworks Reports Fourth Quarter and Full Year 2020 Financial Results

 

PIXELWORKS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)



December 31,
2020

December 31,
2019

ASSETS



Current assets:



Cash and cash equivalents

$                       31,257

$                         7,257

Short-term marketable securities

250

6,975

Accounts receivable, net

4,672

10,915

Inventories

2,445

5,401

Prepaid expenses and other current assets

1,010

1,689

Total current assets

39,634

32,237

Property and equipment, net

5,103

4,608

Operating lease right of use assets

6,606

5,434

Other assets, net

1,081

1,267

Acquired intangible assets, net

1,207

2,704

Goodwill

18,407

18,407

Total assets

$                       72,038

$                       64,657

LIABILITIES AND SHAREHOLDERS' EQUITY



Current liabilities:



Accounts payable

$                            995

$                            818

Accrued liabilities and current portion of long-term liabilities

9,452

8,692

Current portion of income taxes payable

147

164

Total current liabilities

10,594

9,674

Long-term liabilities, net of current portion

1,007

982

Operating lease liabilities, net of current portion

5,088

4,212

Income taxes payable, net of current portion

2,479

2,260

Total liabilities

19,168

17,128

Shareholders' equity

52,870

47,529

Total liabilities and shareholders' equity

$                       72,038

$                       64,657

 

(PRNewsfoto/Pixelworks, Inc.)

 

Cision View original content to download multimedia: http://www.prnewswire.com/news-releases/pixelworks-reports-fourth-quarter-and-full-year-2020-financial-results-301227246.html

SOURCE Pixelworks, Inc.

Contact:
Company Name: Pixelworks, Inc.
Investors, Shelton Group, Brett Perry, P: +1-214-272-0070, E: Email Contact Company Contact, Pixelworks, Inc., Elias Nader, P: +1-408-200-9271, E: Email Contact
Web: http://www.pixelworks.com/
Financial data for Pixelworks, Inc.



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