PIXELWORKS, INC. | ||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
(In thousands) | ||||||||
(Unaudited) | ||||||||
September 30,
2014 |
December 31,
2013 |
|||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 19,315 | $ | 20,805 | ||||
Accounts receivable, net | 6,124 | 4,761 | ||||||
Inventories | 2,428 | 1,663 | ||||||
Prepaid expenses and other current assets | 1,126 | 2,858 | ||||||
Total current assets | 28,993 | 30,087 | ||||||
Property and equipment, net | 6,737 | 4,084 | ||||||
Other assets, net | 1,673 | 2,573 | ||||||
Total assets | $ | 37,403 | $ | 36,744 | ||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 3,202 | $ | 1,327 | ||||
Accrued liabilities and current portion of long-term liabilities | 10,186 | 10,505 | ||||||
Current portion of income taxes payable | 267 | 92 | ||||||
Short-term line of credit | 3,000 | 3,000 | ||||||
Total current liabilities | 16,655 | 14,924 | ||||||
Long-term liabilities, net of current portion | 1,686 | 677 | ||||||
Income taxes payable, net of current portion | 2,115 | 2,201 | ||||||
Total liabilities | 20,456 | 17,802 | ||||||
Shareholders’ equity | 16,947 | 18,942 | ||||||
Total liabilities and shareholders’ equity | $ | 37,403 | $ | 36,744 |