XML 15 R3.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue, net $ 9,527 $ 16,032 $ 34,116 $ 39,603
Cost of revenue [1] 4,648 9,150 16,797 22,870
Gross profit 4,879 6,882 17,319 16,733
Operating expenses:        
Research and development [2] 8,405 8,752 24,421 23,925
Selling, general and administrative [3] 5,016 5,776 16,272 17,316
Restructuring 90 0 1,493 0
Total operating expenses 13,511 14,528 42,186 41,241
Loss from operations (8,632) (7,646) (24,867) (24,508)
Interest income and other, net 296 471 1,057 1,615
Loss before income taxes (8,336) (7,175) (23,810) (22,893)
Provision for income taxes 125 158 262 318
Net loss (8,461) (7,333) (24,072) (23,211)
Less: Net loss attributable to redeemable non-controlling interest and non-controlling interest 320 334 716 779
Net loss attributable to Pixelworks, Inc. $ (8,141) $ (6,999) $ (23,356) $ (22,432)
Net loss attributable to Pixelworks Inc. per share - basic (dollars per share) $ (0.14) $ (0.12) $ (0.40) $ (0.40)
Net loss attributable to Pixelworks Inc. per share - diluted (dollars per share) $ (0.14) $ (0.12) $ (0.40) $ (0.40)
Weighted average shares outstanding - basic 58,717 56,410 58,116 55,917
Weighted average shares outstanding - diluted 58,717 56,410 58,116 55,917
[1]
(1) Includes:
Stock-based compensation13 21 41 67 
Restructuring— — 16 — 
[2]
(2) Includes stock-based compensation327 452 973 1,470 
[3]
(3) Includes stock-based compensation702 779 2,028 2,140