PIXELWORKS, INC. | ||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
(In thousands) | ||||||||
(Unaudited) | ||||||||
September 30,
2015 |
December 31,
2014 |
|||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 29,024 | $ | 17,926 | ||||
Accounts receivable, net | 4,734 | 4,648 | ||||||
Inventories | 3,511 | 2,898 | ||||||
Prepaid expenses and other current assets | 996 | 888 | ||||||
Total current assets | 38,265 | 26,360 | ||||||
Property and equipment, net | 6,852 | 6,402 | ||||||
Other assets, net | 766 | 1,382 | ||||||
Total assets | $ | 45,883 | $ | 34,144 | ||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 3,181 | $ | 3,154 | ||||
Accrued liabilities and current portion of long-term liabilities | 8,166 | 8,539 | ||||||
Current portion of income taxes payable | 172 | 197 | ||||||
Short-term line of credit | 3,000 | 3,000 | ||||||
Total current liabilities | 14,519 | 14,890 | ||||||
Long-term liabilities, net of current portion | 819 | 1,476 | ||||||
Income taxes payable, net of current portion | 1,928 | 2,094 | ||||||
Total liabilities | 17,266 | 18,460 | ||||||
Shareholders’ equity | 28,617 | 15,684 | ||||||
Total liabilities and shareholders’ equity | $ | 45,883 | $ | 34,144 |