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

September 30,
2023

December 31,
2022

ASSETS

Current assets:

Cash and cash equivalents

$                    50,318

$                   56,821

Accounts receivable, net

10,165

10,047

Inventories

5,905

1,760

Prepaid expenses and other current assets

2,307

3,745

Total current assets

68,695

72,373

Property and equipment, net

6,562

4,632

Operating lease right of use assets

5,365

3,331

Other assets, net

2,145

3,580

Goodwill

18,407

18,407

Total assets

$                  101,174

$                 102,323

LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND
SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable

$                      4,356

$                     3,143

Accrued liabilities and current portion of long-term liabilities

10,203

8,849

Current portion of income taxes payable

138

519

Total current liabilities

14,697

12,511

Long-term liabilities, net of current portion

1,645

1,005

Deposit liability

13,227

13,537

Operating lease liabilities, net of current portion

3,043

2,148

Income taxes payable, net of current portion

951

872

Total liabilities

33,563

30,073

Redeemable non-controlling interest

27,398

28,919

Total Pixelworks, Inc. shareholders' equity

16,227

32,422

Non-controlling interest

23,986

10,909

Total shareholders' equity

40,213

43,331

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

$                  101,174

$                 102,323