Pixelworks Q2 revenue $8.3M, net loss $6.7M; evaluating strategic options for Shanghai unit

PIXELWORKS, INC

2025-Q2 EPS reported -$2.80 revenue$15,344,000

Revenue $8.3M, up 16% sequentially but down from $8.5M a year ago; GAAP net loss $6.7M ($1.27/share).
Non-GAAP net loss $5.3M ($1.00/share); adjusted EBITDA negative $4.3M; operating expenses reduced to $11.1M.
Pixelworks Shanghai awarded ~$1.6M in cash subsidies from China's "Little Giant" program.
Evaluating non-binding term sheets from multiple parties for strategic interest in Shanghai subsidiary.
TrueCut Motion partnerships: The Bad Guys 2, Nobody 2, Jurassic World Rebirth in premium theaters.

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