Every 8-K that Pixelworks (PXLW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PXLW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PXLW filings page.
Pixelworks, Inc. reported second quarter 2026 results as a pure-play technology licensing company focused on its TrueCut Motion and visualization solutions. For the quarter ended June 30, 2026, net revenue from continuing operations was $64 thousand, producing a gross profit of $39 thousand and a loss from operations of $3.4 million. Net loss from continuing operations was $2.8 million, or $0.44 per basic and diluted share.
For the six months ended June 30, 2026, net revenue was $510 thousand and loss from continuing operations was $7.4 million. Including discontinued operations, Pixelworks reported net income of $77.8 million, largely reflecting the previously completed sale of its Pixelworks Shanghai semiconductor subsidiary, whose post-sale contribution in 2026 was determined to be immaterial. Basic earnings per share including discontinued operations were $12.30 year-to-date.
The company ended the quarter with $52.9 million in cash and cash equivalents and total shareholders’ equity of $52.0 million, up sharply from year-end 2025. Pixelworks repurchased $3.2 million of common stock under its stock repurchase program and highlighted new TrueCut Motion partnerships with Kinepolis Group and China Film CINITY for premium large format theaters.
Pixelworks, Inc. held its 2026 annual meeting of shareholders, where investors approved an amendment and restatement of the company’s 2006 Stock Incentive Plan. The change increases the maximum number of shares authorized for issuance under the plan by 300,000 to a total of 2,940,278 shares.
Shareholders elected five directors, each receiving more than 2.0 million votes in favor, with up to 297,722 votes withheld for any nominee. They also approved, on an advisory basis, the executive compensation program and ratified Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Pixelworks, Inc. reported a transformational first quarter of 2026, driven by the completed sale of its Shanghai semiconductor subsidiary and a strategic shift to a pure technology licensing model. The company posted net income of $80.6 million, largely from discontinued operations related to the divestiture.
Continuing operations remain small, with Q1 2026 revenue of $446,000 from TrueCut Motion licensing and motion grading services and a net loss from continuing operations of $4.6 million. After receiving about $51 million of net sale proceeds and completing restructuring, Pixelworks ended the quarter with cash and cash equivalents of roughly $58 million, no debt and total shareholders’ equity of $57.2 million. The board also authorized a new $5 million stock repurchase program as the company focuses on scaling its TrueCut Motion platform and broader visualization licensing business.
Pixelworks, Inc. announced that its Board of Directors has approved the Company’s first-ever stock repurchase program, authorizing up to $5 million of common stock repurchases. The authorization runs over a two-year period beginning May 15, 2026.
The Company may buy shares in the open market, including block trades, or through privately negotiated transactions, and may use Rule 10b5-1 trading plans. Management highlighted a projected cash position of approximately $58 million as of March 31, 2026, indicating flexibility to fund both the repurchases and ongoing business investments.
Pixelworks, Inc. reported 2025 financial results and detailed a major strategic shift to a pure-play technology licensing model centered on its TrueCut Motion cinematic visualization platform. Revenue from continuing operations was $693,000, all from TrueCut Motion and related motion grading services, with a net loss attributable to Pixelworks of $22.5 million.
The company completed the sale of its Shanghai semiconductor subsidiary in January 2026, generating approximately $51 million of net cash proceeds on top of about $11.2 million of cash at December 31, 2025. After transaction costs, restructuring, and expected escrow release of roughly $1.2 million, management anticipates cash and cash equivalents of about $58 million as of March 31.
Following the exit from semiconductor hardware, Pixelworks is repositioning as a lean, asset-light licensing business with fewer than 25 employees, roughly 60% in R&D, and over 60 patents tied to TrueCut Motion and other visual enhancement technologies. The company is cutting quarterly cash operating expenses to about $2 million from the second quarter and expects at least $1.5 million in annual interest income. Recent TrueCut Motion highlights include theatrical releases such as DreamWorks’ The Bad Guys 2, Universal’s Nobody 2 and Jurassic World Rebirth, along with new partnerships and endorsements from Marcus Theatres and ODEON Cinemas Group.
Pixelworks, Inc. reported changes to its board of directors. On January 14, 2026, director John Y. Liu resigned from the board, effective immediately, with the company stating that his resignation was not related to any disagreement regarding its operations, policies, or practices.
On the same date, the board appointed Douglas J. Darrow to fill the resulting vacancy and named him to the Compensation and Strategy Committees. He is expected to be nominated for reelection at the 2026 annual meeting of shareholders. Mr. Darrow will receive the company’s standard non-employee director cash compensation, enter into the standard indemnification agreement, and be subject to a $115,000 minimum equity holding requirement within five years. In connection with his appointment, he was granted 4,000 restricted stock units, vesting in two quarterly installments over six months beginning January 14, 2026.
Pixelworks, Inc. reported that its Board Compensation Committee approved the payment of transaction bonuses to CEO Todd DeBonis and CFO Haley Aman under previously disclosed bonus agreements. The committee waived a condition that required a qualifying transaction to close by December 31, 2025, because the sale of the Company’s subsidiary, Pixelworks Semiconductor Technology (Shanghai) Co., Ltd., closed slightly later on January 6, 2026 and the delay was deemed immaterial.
The committee also adjusted timing for part of these bonuses. A portion tied to $1.2 million of the sale purchase price, which is being held in escrow pending resolution of certain tax matters in China, will be paid only after those escrowed funds are released to Pixelworks.
Pixelworks, Inc. filed an amended current report to add pro forma financial information related to its previously completed sale of all shares of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. to Tiansui Xinyuan Technology (Shanghai) Co., Ltd. The sale closed on January 6, 2026 under an October 15, 2025 share purchase agreement involving Pixelworks, its subsidiary Pixelworks Semiconductor Technology Company, LLC, and other PWSH shareholders.
The amendment supplies unaudited pro forma condensed consolidated financial statements, including a balance sheet as of September 30, 2025 and statements of operations for the years ended December 31, 2023 and 2024 and for the nine months ended September 30, 2025. These schedules illustrate how Pixelworks’ financials would look after the divestiture of PWSH; all other disclosures from the original report remain unchanged.
Pixelworks, Inc. completed the previously announced sale of all shares of its subsidiary Pixelworks Semiconductor Technology (Shanghai) Co., Ltd. (PWSH) to Tiansui Xinyuan Technology (Shanghai) Co., Ltd. on January 6, 2026. Through a series of related agreements, Pixelworks’ subsidiary first transferred PWSH shares representing approximately 29% of PWSH’s outstanding capital to minority shareholders, and then the selling shareholders and Pixelworks’ subsidiary sold all of their PWSH shares to the buyer, fully exiting the business.
The buyer paid the company approximately RMB 357 million, or about $51.0 million in U.S. dollars net of transaction costs and withholding taxes paid in China, providing a significant cash inflow. Remaining transaction expenses related to the sale are expected to be about $1.0 million, and approximately RMB 8.7 million, or about $1.2 million, is held in escrow until certain tax matters in China are resolved.
Pixelworks, Inc. reported the results of its 2025 Special Meeting of Shareholders, where shareholders considered governance steps related to a proposed sale that may represent substantially all of the company’s assets through its Shanghai subsidiary. There were 6,293,545 shares entitled to vote as of the record date and 3,649,251 shares present or represented by proxy, about 58% of the eligible shares. Shareholders approved Proposal 3, granting the board discretionary authority to adjourn the Special Meeting, with 3,532,333 votes for, 80,713 against, and 36,205 abstentions.
Because there were insufficient votes to approve Proposal 1, which sought approval of the asset sale, the meeting was adjourned before voting on Proposal 1 and the related advisory compensation Proposal 2. The virtual Special Meeting is scheduled to reconvene at 9:00 a.m. Pacific Time on December 8, 2025, while the company continues soliciting votes on Proposal 1.
Pixelworks, Inc. (PXLW) furnished its quarterly update under Item 2.02, announcing financial results for the three and nine months ended September 30, 2025. The company issued a press release and held a conference call discussing these results, which included forward‑looking statements with related cautionary disclosures.
The press release and conference call script were furnished as Exhibits 99.1 and 99.2, respectively, and are not deemed filed under the Exchange Act. Pixelworks’ common stock trades on The Nasdaq Global Market under the symbol PXLW.
Pixelworks, Inc. announced the sale of 37 patents and related rights to an unrelated third party for $3.0 million. The company expects to record an approximate $3.0 million gain from the transaction in the fourth quarter of 2025.
The patents originated from Pixelworks’ 2017 acquisition of ViXS Systems, Inc., and Pixelworks became sole owner in 2021. Management noted the technologies covered by these assets pertain to markets the company no longer pursues, indicating a monetization of non-core intellectual property.
Pixelworks, Inc. (PXLW) agreed to sell all of its shares in Pixelworks Shanghai to a VeriSilicon-led buyer at an equity value of RMB 950 million (approximately $133 million). The sale is described as the sale of substantially all of the Company’s assets and is subject to approval by holders of 67% of outstanding common stock. If closing conditions are met, the Company expects to close by December 31, 2025.
After transferring a portion of Shanghai shares to minority holders, transaction costs, and PRC withholding taxes, Pixelworks expects to receive approximately $50–$60 million in net cash at closing. The agreement includes reciprocal $5,000,000 termination fees under specified circumstances. An amendment allocates transaction expenses so the buyer pays up to the lesser of 20% or $1.1 million, with the Company covering the remainder.
The Company entered a Transaction Bonus Agreement with its CFO providing up to $325,000 if a qualifying transaction closes by December 31, 2025 and net cash received reaches $70,000,000, scaled down by $1,000 per each $100,000 below that amount.
Pixelworks, Inc. reported a material event in an 8-K describing transaction documents and procedural disclosures related to a securities offering. The company referenced a Common Stock Purchase Agreement and a Placement Agency Agreement dated October 6, 2025, identified Roth as the placement agent and Miller Nash LLP as legal counsel providing an opinion and consent. The filing states that certain holders are subject to lock-up agreements restricting sales and derivative transactions in the common stock. The company also included a press release dated October 6, 2025 and cautioned that statements about the offering, expected timing and proceeds are forward-looking and subject to risks and uncertainties.
Pixelworks, Inc. announced that it issued a press release reporting its financial results for the three- and six-month periods ended June 30, 2025, and held a conference call to discuss those results.
The filing states the press release and the conference call script are furnished as Exhibits 99.1 and 99.2, and that those materials contain forward-looking statements with cautionary language. The 8-K also states the furnished materials are not being "filed" for purposes of Section 18 of the Exchange Act and are not incorporated by reference into other registration statements except as stated elsewhere. The filing text does not include the underlying financial figures.