PIXELWORKS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) |
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June 30,
2013 |
December 31,
2012 |
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ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | $ | 11,231 | $ | 13,404 | ||
Accounts receivable, net | 2,613 | 3,772 | ||||
Inventories | 1,909 | 2,702 | ||||
Prepaid expenses and other current assets | 1,516 | 1,727 | ||||
Total current assets |
17,269 | 21,605 | ||||
Property and equipment, net | 4,544 | 6,283 | ||||
Other assets, net | 1,562 | 1,653 | ||||
Total assets | $ | 23,375 | $ | 29,541 | ||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable | $ | 1,861 | $ | 2,224 | ||
Accrued liabilities and current portion of long-term liabilities | 9,065 | 8,666 | ||||
Current portion of income taxes payable | 183 | 207 | ||||
Short-term line of credit | 3,500 | — | ||||
Total current liabilities | 14,609 | 11,097 | ||||
Long-term liabilities, net of current portion | 912 | 1,445 | ||||
Income taxes payable, net of current portion | 2,071 | 2,331 | ||||
Total liabilities | 17,592 | 14,873 | ||||
Shareholders’ equity | 5,783 | 14,668 | ||||
Total liabilities and shareholders’ equity | $ | 23,375 | $ | 29,541 |