PIXELWORKS, INC
For the period ended Mar 31, 2026. Filed May 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
PXLW$7.29+39.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (a)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $80,584 | $(8,020) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Gain on sale of PWSH | (85,153) | — |
| Stock-based compensation | 355 | 751 |
| Reversal of uncertain tax positions | (87) | (261) |
| Depreciation and amortization | 68 | 828 |
| Deferred income tax expense | 28 | — |
| Loss on asset disposal | 14 | 34 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | — | 433 |
| Inventories | — | (794) |
| Prepaid expenses and other current and long-term assets, net | (470) | 298 |
| Accounts payable | 205 | 147 |
| Accrued current and long-term liabilities | (165) | (74) |
| Income taxes payable | 38 | (58) |
| Net cash used in operating activities | (4,583) | (6,716) |
| Cash flows from investing activities: | ||
| Proceeds from sale of PWSH, net of cash disposed of and transaction costs | 44,437 | — |
| Purchases of property and equipment | (105) | (17) |
| Net cash provided by (used in) investing activities | 44,332 | (17) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of common stock under employee equity incentive plans | 5 | 29 |
| Net proceeds from "registered direct offering" | — | 1,341 |
| Net proceeds from "at the market" equity offering | — | 485 |
| Payments on asset financings | — | (265) |
| Net cash provided by financing activities | 5 | 1,590 |
| Net increase (decrease) in cash and cash equivalents | 39,754 | (5,143) |
| Cash and cash equivalents, beginning of period | 18,067 | 23,647 |
| Cash and cash equivalents, end of period | $57,821 | $18,504 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid during the period for income taxes, net of refunds received | $— | $362 |
| Cash paid during the period for interest | — | 22 |
| Non-cash investing and financing activities: | ||
| Acquisitions of property and equipment and otherassets, unpaid at period end. | $— | $110 |
(a) The cash flows related to discontinued operations have not been segregated. Accordingly, the Consolidated Statements of Cash Flows include results of continuing and discontinued operations.
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