v3.25.4
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
Summarized results from discontinued operations were as follows:
Year Ended December 31,
 20252024
Revenue, net$31,587 $42,516 
Cost of revenue:
16,370 20,792 
Gross profit15,217 21,724 
Operating expenses
31,537 40,117 
Government subsidies received
1,563 1,100 
Interest income and other, net175 844 
Loss before income taxes(14,582)(16,449)
Provision for income taxes
427 434 
Net loss from discontinued operations(15,009)(16,883)
Net loss attributable to non-controlling interests and redeemable non-controlling interest759 818 
Net loss from discontinued operations attributable to Pixelworks, Inc.$(14,250)$(16,065)


The following table summarizes the carrying amounts of the major classes of assets and related liabilities classified as held for sale in discontinued operations:
Year Ended December 31,
 20252024
Assets:
Cash and cash equivalents$6,824 $18,165 
Accounts receivable, net4,481 5,804 
Inventories
3,484 4,210 
Prepaid expenses and other current assets
1,136 591 
Property and equipment, net3,530 — 
Operating lease right-of-use assets
375 — 
Other assets, net185 — 
Goodwill18,407 — 
Total current assets
38,422 28,770 
Property and equipment, net— 6,152 
Operating lease right-of-use assets
— 2,114 
Other assets, net— 796 
Goodwill— 18,407 
Total long-term assets
— 27,469 
Total assets$38,422 $56,239 
Year Ended December 31,
 20252024
Liabilities:
Accounts payable$720 $1,140 
Accrued liabilities and current portion of long-term liabilities1,941 4,572 
Short-term line of credit2,145 — 
Deposit liability
12,672 — 
Current portion of income taxes payable
429325
Operating lease liabilities, net of current portion98 — 
Total current liabilities
18,005 6,037 
Long-term liabilities, net of current portion— 335 
Deposit liability
— 13,109 
Operating lease liabilities, net of current portion— 670 
Income taxes payable, net of current portion— 182 
Total long-term liabilities
— 14,296 
Total Liabilities$18,005 $20,333 

The following table presents significant non-cash items and capital expenditures of discontinued operations for the periods presented:
 December 31,
 20252024
Depreciation and amortization    $2,215 $3,114 
Stock-based compensation1,194 2,151 
Deferred income tax expense (benefit)(8)21 
Purchases of property and equipment    (248)(3,496)
Asset related government subsidies received(754)(641)