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
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Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue, net | $446 | $— |
| Cost of revenue | 193 | 8 |
| Gross profit | 253 | (8) |
| Operating expenses: | ||
| Research and development (1) | 965 | 971 |
| Selling, general and administrative (2) | 2,203 | 2,114 |
| Restructuring | 1,995 | — |
| Total operating expenses | 5,163 | 3,085 |
| Loss from operations | (4,910) | (3,093) |
| Interest income | 319 | 38 |
| Loss before income taxes | (4,591) | (3,055) |
| Benefit for income taxes | (22) | (240) |
| Net loss from continuing operations | (4,569) | (2,815) |
| Net income (loss) from discontinued operations, net of income taxes | 85,153 | (5,205) |
| Net income (loss) | 80,584 | (8,020) |
| Less: Net loss attributable to redeemable non-controlling interest and non-controlling interest | — | 259 |
| Net income (loss) attributable to Pixelworks, Inc. | $80,584 | $(7,761) |
| Net loss from continuing operations per share - basic and diluted | $(0.72) | $(0.56) |
| Net income (loss) from discontinued operations per share: | ||
| Basic | $13.41 | $(1.03) |
| Diluted | $13.17 | $(1.03) |
| Net income (loss) attributable to Pixelworks, Inc. per share: | ||
| Basic | $12.69 | $(1.54) |
| Diluted | $12.46 | $(1.54) |
| Weighted average shares outstanding: | ||
| Basic | 6,352 | 5,049 |
| Diluted | 6,468 | 5,049 |
| (1) Includes stock-based compensation | 33 | 124 |
|---|
| (2) Includes stock-based compensation | 322 | 299 |
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