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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 62,841 $ 56,821
Accounts receivable, net 7,917 10,047
Inventories 2,307 1,760
Prepaid expenses and other current assets 2,513 3,745
Total current assets 75,578 72,373
Property and equipment, net 7,425 4,632
Operating lease right-of-use assets 5,490 3,331
Other assets, net 2,897 3,580
Goodwill 18,407 18,407
Total assets 109,797 102,323
Current liabilities:    
Accounts payable 2,203 3,143
Accrued liabilities and current portion of long-term liabilities 8,254 8,849
Current portion of income taxes payable 385 519
Total current liabilities 10,842 12,511
Long-term liabilities, net of current portion 2,113 1,005
Deposit liability 13,801 13,537
Operating lease liabilities, net of current portion 3,716 2,148
Income taxes payable, net of current portion 891 872
Total liabilities 31,363 30,073
Commitments and contingencies (Note 12)
Redeemable non-controlling interest 29,285 28,919
Shareholders’ equity:    
Preferred stock 0 0
Common stock 482,551 481,229
Accumulated other comprehensive income 1,845 2,178
Accumulated deficit (460,381) (450,985)
Total Pixelworks, Inc. shareholders’ equity 24,015 32,422
Non-controlling interest 25,134 10,909
Total shareholders' equity 49,149 43,331
Total liabilities, redeemable non-controlling interest and shareholders’ equity $ 109,797 $ 102,323