PIXELWORKS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)

June 30,
2022

December 31,
2021

ASSETS

Current assets:

Cash and cash equivalents

$                     49,568

$                     61,587

Accounts receivable, net

12,431

8,708

Inventories

2,198

1,469

Prepaid expenses and other current assets

2,023

2,732

Total current assets

66,220

74,496

Property and equipment, net

4,850

5,656

Operating lease right of use assets

3,565

4,789

Other assets, net

3,745

3,162

Acquired intangible assets, net

-

90

Goodwill

18,407

18,407

Total assets

$                     96,787

$                   106,600

LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable

$                       3,581

$                       2,747

Accrued liabilities and current portion of long-term liabilities

10,573

13,563

Current portion of income taxes payable

181

128

Total current liabilities

14,335

16,438

Long-term liabilities, net of current portion

380

519

Deposit liability

12,371

12,716

Operating lease liabilities, net of current portion

2,039

2,853

Income taxes payable, net of current portion

2,705

2,948

Total liabilities

31,830

35,474

Redeemable non-controlling interest

29,859

30,905

Shareholders' equity

35,098

40,221

Total liabilities, redeemable non-controlling interest and shareholders' equity

$                     96,787

$                   106,600