PIXELWORKS, INC. | |||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||||
(In thousands) | |||||||||
(Unaudited) | |||||||||
June 30,
|
December 31,
|
||||||||
ASSETS | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | $ | 17,750 | $ | 26,591 | |||||
Accounts receivable, net | 3,846 | 5,988 | |||||||
Inventories | 3,345 | 3,266 | |||||||
Prepaid expenses and other current assets | 730 | 644 | |||||||
Total current assets | 25,671 | 36,489 | |||||||
Property and equipment, net | 4,927 | 6,543 | |||||||
Other assets, net | 763 | 810 | |||||||
Total assets | $ | 31,361 | $ | 43,842 | |||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||||||
Current liabilities: | |||||||||
Accounts payable | $ | 2,836 | $ | 2,944 | |||||
Accrued liabilities and current portion of long-term liabilities | 8,475 | 8,528 | |||||||
Current portion of income taxes payable | 199 | 221 | |||||||
Short-term line of credit | — | 3,000 | |||||||
Total current liabilities | 11,510 | 14,693 | |||||||
Long-term liabilities, net of current portion | 565 | 831 | |||||||
Income taxes payable, net of current portion | 1,860 | 1,942 | |||||||
Total liabilities | 13,935 | 17,466 | |||||||
Shareholders’ equity | 17,426 | 26,376 | |||||||
Total liabilities and shareholders’ equity | $ | 31,361 | $ | 43,842 | |||||