PIXELWORKS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) | ||||||
December 31,
2019 |
December 31,
2018 | |||||
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | $ | 7,257 | $ | 17,944 | ||
Short-term marketable securities | 6,975 | 6,069 | ||||
Accounts receivable, net | 10,915 | 6,982 | ||||
Inventories | 5,401 | 2,954 | ||||
Prepaid expenses and other current assets | 1,689 | 1,494 | ||||
Total current assets | 32,237 | 35,443 | ||||
Property and equipment, net | 4,608 | 6,151 | ||||
Operating lease right of use assets | 5,434 | — | ||||
Other assets, net | 1,267 | 1,132 | ||||
Acquired intangible assets, net | 2,704 | 4,208 | ||||
Goodwill | 18,407 | 18,407 | ||||
Total assets | $ | 64,657 | $ | 65,341 | ||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable | $ | 818 | $ | 2,116 | ||
Accrued liabilities and current portion of long-term liabilities | 8,692 | 10,256 | ||||
Current portion of income taxes payable | 164 | 263 | ||||
Total current liabilities | 9,674 | 12,635 | ||||
Long-term liabilities, net of current portion | 982 | 1,017 | ||||
Operating lease liabilities, net of current portion | 4,212 | — | ||||
Income taxes payable, net of current portion | 2,260 | 2,299 | ||||
Total liabilities | 17,128 | 15,951 | ||||
Shareholders’ equity | 47,529 | 49,390 | ||||
Total liabilities and shareholders’ equity | $ | 64,657 | $ | 65,341 | ||