Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 56,821	$ 61,587
Accounts receivable, net	10,047	8,708
Inventories	1,760	1,469
Prepaid expenses and other current assets	3,745	2,732
Total current assets	72,373	74,496
Property and equipment, net	4,632	5,656
Operating lease right-of-use assets	3,331	4,789
Other assets, net	3,580	3,162
Acquired intangible assets, net	0	90
Goodwill	18,407	18,407
Total assets	102,323	106,600
Current liabilities:
Accounts payable	3,143	2,747
Accrued liabilities and current portion of long-term liabilities	8,849	13,563
Current portion of income taxes payable	519	128
Total current liabilities	12,511	16,438
Long-term liabilities, net of current portion	1,005	519
Deposit liability	13,537	12,716
Operating lease liabilities, net of current portion	2,148	2,853
Income taxes payable, net of current portion	872	2,948
Total liabilities	30,073	35,474
Commitments and contingencies (Note 10)
Redeemable non-controlling interest	28,919	30,905
Shareholders' equity:
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued	0	0
Common stock, $0.001 par value; 250,000,000 shares authorized, 55,113,186 and 53,367,136 shares issued and outstanding as of December 31, 2022 and 2021, respectively.	481,229	475,644
Accumulated other comprehensive income (loss)	2,178	(468)
Accumulated deficit	(450,985)	(434,955)
Total Pixelworks, Inc. shareholders’ equity	32,422	40,221
Non-controlling interest	10,909	0
Total shareholders' equity	43,331	40,221
Total liabilities, redeemable non-controlling interest and shareholders' equity	$ 102,323	$ 106,600

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer), including liabilities for compensation costs, fringe benefits other than pension and postretirement obligations, rent, contractual rights and obligations, and statutory obligations.

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).