PIXELWORKS, INC. | ||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
(In thousands) | ||||||||
(Unaudited) | ||||||||
December 31,
2013 |
December 31,
2012 |
|||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 20,805 | $ | 13,404 | ||||
Accounts receivable, net | 4,761 | 3,772 | ||||||
Inventories | 1,663 | 2,702 | ||||||
Prepaid expenses and other current assets | 2,858 | 1,727 | ||||||
Total current assets | 30,087 | 21,605 | ||||||
Property and equipment, net | 4,084 | 6,283 | ||||||
Other assets, net | 2,573 | 1,653 | ||||||
Total assets | $ | 36,744 | $ | 29,541 | ||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 1,327 | $ | 2,224 | ||||
Accrued liabilities and current portion of long-term liabilities | 10,505 | 8,666 | ||||||
Current portion of income taxes payable | 92 | 207 | ||||||
Short-term line of credit | 3,000 | — | ||||||
Total current liabilities | 14,924 | 11,097 | ||||||
Long-term liabilities, net of current portion | 677 | 1,445 | ||||||
Income taxes payable, net of current portion | 2,201 | 2,331 | ||||||
Total liabilities | 17,802 | 14,873 | ||||||
Shareholders’ equity | 18,942 | 14,668 | ||||||
Total liabilities and shareholders’ equity | $ | 36,744 | $ | 29,541 |