secwatch.observer — SEC 8-K summary
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Issuer:     PIXELWORKS, INC (PXLW)
CIK:        0001040161
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001040161-23-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pixelworks FY2022 revenue up 27% to $70.1M; Shanghai subsidiary valued >$500M in strategic investment
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- Q4 revenue $16.9M vs $16.6M a year ago; FY22 revenue $70.1M, up 27% YoY.
- Mobile revenue grew 17% YoY to record $23M.
- Third strategic investment in Shanghai subsidiary at >$500M valuation; proceeds ~$15.7M.
- GAAP net loss FY22 $16.0M ($0.30 per share) vs $19.8M ($0.38) prior year.
- Completed next-gen IC milestone for large projector OEM, $2.5M R&D credit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040161/000104016123000005/0001040161-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040161/000104016123000005/pxlw-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001040161-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer