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

September 30,
2022

December 31,
2021

ASSETS

Current assets:

Cash and cash equivalents

$                    57,615

$                    61,587

Accounts receivable, net

10,770

8,708

Inventories

2,716

1,469

Prepaid expenses and other current assets

1,522

2,732

Total current assets

72,623

74,496

Property and equipment, net

3,825

5,656

Operating lease right of use assets

3,687

4,789

Other assets, net

3,758

3,162

Acquired intangible assets, net

—

90

Goodwill

18,407

18,407

Total assets

$                 102,300

$                 106,600

LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND
SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable

$                      2,354

$                      2,747

Accrued liabilities and current portion of long-term liabilities

10,070

13,563

Current portion of income taxes payable

148

128

Total current liabilities

12,572

16,438

Long-term liabilities, net of current portion

421

519

Deposit liability

11,815

12,716

Operating lease liabilities, net of current portion

2,254

2,853

Income taxes payable, net of current portion

2,575

2,948

Total liabilities

29,637

35,474

Redeemable non-controlling interest

28,202

30,905

Total Pixelworks, Inc. shareholders' equity

33,723

40,221

Non-controlling interest

10,738

—

Total shareholders' equity

44,461

40,221

Total liabilities, redeemable non-controlling interest and shareholders' equity

$                 102,300

$                 106,600