Pixelworks, Inc. Files 8-K on Operations and Financials
Ticker: PXLW · Form: 8-K · Filed: Feb 12, 2025 · CIK: 1040161
| Field | Detail |
|---|---|
| Company | Pixelworks, Inc (PXLW) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, operations
Related Tickers: PXW
TL;DR
Pixelworks filed an 8-K detailing its financials and operations as of Feb 12, 2025.
AI Summary
Pixelworks, Inc. filed an 8-K on February 12, 2025, reporting on its results of operations, financial condition, and other events. The filing also includes financial statements and exhibits. The company is incorporated in Oregon and its principal executive offices are located in Portland.
Why It Matters
This 8-K filing provides an update on Pixelworks' financial performance and operational status, which is crucial for investors to assess the company's current health and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting operational and financial information, not indicating any immediate or significant adverse events.
Key Players & Entities
- PIXELWORKS, INC (company) — Registrant
- Oregon (location) — State of incorporation
- Portland (location) — City of principal executive offices
- February 12, 2025 (date) — Date of report
FAQ
What is the primary purpose of this 8-K filing for Pixelworks, Inc.?
The primary purpose is to report on the company's results of operations and financial condition, as well as other events, and to include financial statements and exhibits.
When was this 8-K filing submitted?
The filing was submitted on February 12, 2025.
In which state is Pixelworks, Inc. incorporated?
Pixelworks, Inc. is incorporated in Oregon.
What is the address of Pixelworks, Inc.'s principal executive offices?
The address is 16760 SW Upper Boones Ferry Rd., Suite 101, Portland, OR 97224.
What is the telephone number for Pixelworks, Inc.'s principal executive offices?
The telephone number is (503) 601-4545.
Filing Stats: 711 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2025-02-12 17:02:02
Filing Documents
- pxlw-20250212.htm (8-K) — 29KB
- pxlw_q4x24xearningsrelease.htm (EX-99.1) — 382KB
- q42024conferencecallscript.htm (EX-99.2) — 28KB
- capitalincreaseupdate-ex993.htm (EX-99.3) — 3KB
- pixelworkslogo24a.jpg (GRAPHIC) — 9KB
- 0001040161-25-000003.txt ( ) — 610KB
- pxlw-20250212.xsd (EX-101.SCH) — 2KB
- pxlw-20250212_lab.xml (EX-101.LAB) — 21KB
- pxlw-20250212_pre.xml (EX-101.PRE) — 12KB
- pxlw-20250212_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 12, 2025, Pixelworks, Inc. (the "Company") issued a press release announcing financial results for the three and twelve month periods ended December 31, 2024 and held a conference call to discuss the Company's financial results. The press release and conference call contain forward-looking statements regarding the Company and include cautionary statements identifying important factors that could cause actual results to differ materially from those anticipated. A copy of the press release announcing the financial results is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Exhibit 99.1 shall be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and shall be incorporated by reference in all appropriate filings under the Securities Act of 1933, as amended (the "Securities Act"), except for the final two paragraphs under the header "Fourth Quarter and Recent Highlights", each of which shall be "furnished" and not "filed." The Company's conference call script discussing the financial results is furnished herewith as Exhibit 99.2 and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act or the Exchange Act, except as otherwise stated in such filing.
01 Other Events
Item 8.01 Other Events. The Company is providing as Exhibit 99.3 to this Current Report on Form 8-K, which is incorporated herein by reference, an update regarding that certain Capital Increase Agreement dated August 21, 2021 by and among the Company, certain private equity and strategic investors based in China, and certain entities which collectively are owned by approximately 75% of the employees of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. and its subsidiaries, as amended.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release issued by Pixelworks, Inc. dated February 12, 2025. 99.2 Pixelworks, Inc. Fourth Quarter Results Conference Call Script dated February 12, 2025 99.3 Capital Increase Agreement Update dated February 12, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PIXELWORKS, INC. (Registrant) Dated: February 12, 2025 /s/ Haley F. Aman Haley F. Aman Chief Financial Officer