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PIXELWORKS, INC — fact timeline

Source-grounded facts extracted from PIXELWORKS, INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PXLW PIXELWORKS, INC JSON
Shareholder Votes

PIXELWORKS, INC shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-20 meeting.

“The proposal to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was approved and received the following votes: For Against Abstain 4,243,044 57,853 2,926”
Shareholder Votes

PIXELWORKS, INC shareholders approved Advisory approval of executive compensation of the Company's named executive officers at the 2026-05-20 meeting.

“The proposal to approve, on an advisory basis, the executive compensation of the Company's named executive officers was approved and received the following votes: For Against Abstain Broker non-votes 2,089,858 233,448 9,662 1,970,855”
Shareholder Votes

PIXELWORKS, INC shareholders approved Approval of amendment and restatement of the Company's Amended and Restated 2006 Stock Incentive Plan at the 2026-05-20 meeting.

“The proposal to approve an amendment and restatement of the Company's Amended and Restated 2006 Stock Incentive Plan was approved and received the following votes: For Against Abstain Broker non-votes 2,088,917 226,671 17,380 1,970,855”
Shareholder Votes

PIXELWORKS, INC shareholders approved Election of Directors at the 2026-05-20 meeting.

“The following nominees were elected to serve on the board of directors until the next annual meeting or until their successors are duly elected or qualified by the votes indicated below: Nominee For Withheld Broker non-votes Todd A. DeBonis 2,111,467 221,501 1,970,855 Dean W. Butler 2,111,481 221,487 1,970,855 Douglas J. Darrow 2,111,511 221,457 1,970,855 C. Scott Gibson 2,052,816 280,152 1,970,855 Daniel J. Heneghan 2,035,246 297,722 1,970,855”
Earnings Releases

PIXELWORKS, INC reported financial results for first quarter ended March 31, 2026.

“On May 14, 2026, Pixelworks, Inc. (the “Company”) issued a press release announcing financial results for the three month period ended March 31, 2026 and held a conference call to discuss the Company's financial results.”
Earnings Releases

PIXELWORKS, INC reported financial results for fiscal year ended December 31, 2025.

“On March 12, 2026, Pixelworks, Inc. (the "Company") issued a press release announcing financial results for the twelve month period ended December 31, 2025”
M&A Transactions

PIXELWORKS, INC completed a disposition involving Tiansui Xinyuan Technology (Shanghai) Co., Ltd. for approximately $51.0 million (closed 2026-01-06).

“49% of the total outstanding shares of PWSH capital stock on the Closing Date, to the Buyer; and (iv) the Buyer paid the Company approximately RMB 357 million, or approximately $51.0 million in U.S. dollars which is net of transaction costs and withholding taxes paid in China. The remaining transaction expenses incurred by the Company in connection with the Sale, not”
Restructurings & Charges

PIXELWORKS, INC announced a restructuring with charges of approximately $0.6 million affecting research and development (approximately 4% reduction in workforce).

“the restructuring to be substantially complete by the end of the second quarter ending June 30, 2025 and expects to incur total estimated restructuring charges of approximately $0.6 million related to employee severance and benefits. The Company expects that these charges will largely be recorded in the second quarter of 2025. As a result of the restructuring, the”
Listing & Compliance Notices

PIXELWORKS, INC received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1), 5550(a)(2)).

“March 7, 2025, Nasdaq notified the Company that it had approved the Company’s application to transfer its listing to the Nasdaq Capital Market. The Company’s securities will be transferred to the Nasdaq Capital Market at the opening of business on March 11, 2025. Nasdaq also approved a 180-day extension, or until September 8, 2025, to regain compliance with the Bid Price Requirement in accordance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company’s common stock must maintain a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days at any”
Restructurings & Charges

PIXELWORKS, INC announced a restructuring with charges of approximately $0.4 million affecting operations, research and development, and marketing (approximately 6% reduction in workforce).

“the restructuring to be substantially complete by the end of the first quarter ending March 31, 2025 and expects to incur total estimated restructuring charges of approximately $0.4 million related to employee severance and benefits. The Company expects that these charges will largely be recorded in the first quarter of 2025. In addition to the restructuring”
Restructurings & Charges

PIXELWORKS, INC announced a restructuring with charges of approximately $1.7 million related to employee severance and benefits (approximately 16% reduction in workforce).

“the restructuring to be substantially complete by the end of the second quarter ending June 30, 2024 and expects to incur total estimated restructuring charges of approximately $1.7 million related to employee severance and benefits. The Company expects that these charges will largely be recorded in the second quarter of 2024. In addition to the restructuring”
Shareholder Votes

PIXELWORKS, INC shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm at the 2024-05-13 meeting.

“The proposal to ratify the appointment of Grant Thornton LLP as Pixelworks' independent registered public accounting firm for the current fiscal year was approved and received the following votes: For Against Abstain 40,492,477 440,790 439,328”
Shareholder Votes

PIXELWORKS, INC shareholders approved Advisory vote on executive compensation at the 2024-05-13 meeting.

“The proposal to approve, on an advisory basis, our executive compensation was approved and received the following votes: For Against Abstain Broker non-votes 23,001,875 1,331,969 235,930 16,802,821”
Shareholder Votes

PIXELWORKS, INC shareholders approved Approval of amended and restated 2006 Stock Incentive Plan at the 2024-05-13 meeting.

“The proposal to approve the amended and restated 2006 Stock Incentive Plan was approved and received the following votes: For Against Abstain Broker non-votes 23,272,807 1,106,126 190,841 16,802,821”
Shareholder Votes

PIXELWORKS, INC shareholders approved Election of Directors at the 2024-05-13 meeting.

“The following nominees were elected to serve on the board of directors by the votes indicated below: Nominee For Withheld Broker non-votes Todd A. DeBonis 23,673,852 895,922 16,802,821”
Earnings Releases

PIXELWORKS, INC reported the first quarter ended March 31, 2024 results: revenue $16.1 million, net income ($5.1 million), or ($0.09) per share, EPS ($0.09) per share.

“key milestones across our mobile and TrueCut Motion businesses throughout the balance of the year.” First Quarter 2024 Financial Results Revenue in the first quarter of 2024 was $16.1 million, compared to $20.1 million in the fourth quarter of 2023 and $10.0 million in the first quarter of 2023. The year-over-year increase in first quarter revenue was driven by strong”
Earnings Releases

PIXELWORKS, INC reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $20.1 million, net income GAAP net loss of $3.7 million, EPS ($0.07) per share.

“path to achieve quarterly non-GAAP profitability in the second half of the year.” Fourth Quarter and Fiscal Year 2023 Financial Results Revenue in the fourth quarter of 2023 was $20.1 million, compared to $16.0 million in the third quarter of 2023 and $16.9 million in the fourth quarter of 2022. The sequential and year-over-year increase in fourth quarter revenue was”
Auditor Changes

PIXELWORKS, INC engaged Grant Thornton LLP as its auditor.

“On September 11, 2023, the Audit Committee of the Board of Directors of Pixelworks, Inc. (the “Company”) approved the appointment of Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, effective immediately.”
Auditor Changes

Armanino LLP resigned as auditor of PIXELWORKS, INC.

“During the years ended December 31, 2021 and December 31, 2022, and through the date of Armanino’s notification of resignation, there were no (a) disagreements with Armanino on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to Armanino’s satisfaction, would have caused Armanino to make reference to the subject matter thereof in connection with its reports for such periods; or (b) reportable events as described under Item 304(a)(1)(v) of Regulation S-K.”
Shareholder Votes

PIXELWORKS, INC shareholders approved Ratification of appointment of Armanino LLP as independent registered public accounting firm at the 2023-05-11 meeting.

“The proposal to ratify the appointment of Armanino LLP as Pixelworks' independent registered public accounting firm for the current fiscal year was approved and received the following votes: For Against Abstain 39,678,561 260,034 290,277”
Shareholder Votes

PIXELWORKS, INC shareholders approved Advisory vote on executive compensation at the 2023-05-11 meeting.

“The proposal to approve, on an advisory basis, our executive compensation was approved and received the following votes: For Against Abstain Broker non-votes 14,814,448 5,868,212 823,727 18,722,475”
Shareholder Votes

PIXELWORKS, INC shareholders approved Approval of amended and restated 2006 Stock Incentive Plan at the 2023-05-11 meeting.

“The proposal to approve the amended and restated 2006 Stock Incentive Plan was approved and received the following votes: For Against Abstain Broker non-votes 19,989,491 657,865 859,041 18,722,475”
Shareholder Votes

PIXELWORKS, INC shareholders approved Election of directors at the 2023-05-11 meeting.

“The following nominees were elected to serve on the board of directors by the votes indicated below: Nominee For Withheld Broker non-votes Todd A. DeBonis 20,924,057 582,340 18,722,475 Amy L. Bunszel 20,779,242 727,155 18,722,475 Dean W. Butler 20,924,615 581,782 18,722,475 C. Scott Gibson 20,917,015 589,382 18,722,475 Daniel J. Heneghan 20,105,017 1,401,380 18,722,475 John Y. Liu 20,979,253 527,144 18,722,475 David J. Tupman 20,039,117 1,467,280 18,722,475”
Earnings Releases

PIXELWORKS, INC reported first quarter ended March 31, 2023 results: revenue $10.0 million, net income $9.4 million, EPS ($0.17) per share.

“Revenue in the first quarter of 2023 was $10.0 million, compared to $16.9 million in the fourth quarter of 2022 and $16.6 million in the first quarter of 2022. The sequential and year-over-year decline in revenue reflected a combination of seasonality in the projector market and an inventory correction in the mobile market, as well as the lower anticipated revenue contribution from video delivery following the end-of-life implemented for certain products at the end of 2022. On a GAAP basis, gross profit margin in the first quarter of 2023 was 43.8%, compared to 53.1% in the fourth quarter of 2022 and 52.7% in the first quarter of 2022. First quarter 2023 GAAP operating expenses were $14.7 million, compared to $12.0 million in the fourth quarter of 2022 and $12.6 million in the year-ago quarter. On a non-GAAP basis, first quarter 2023 gross profit margin was 44.1%, compared to 53.3% in the fourth quarter of 2022 and 53.2% in the year-ago quarter. First quarter 2023 non-GAAP operating ex”
Earnings Releases

PIXELWORKS, INC reported the full year 2022 results: revenue $70.1 million, net income $16.0 million, EPS ($0.30) per share.

“For the full year 2022, total revenue was $70.1 million compared to full year revenue of $55.1 million in 2021.”
Earnings Releases

PIXELWORKS, INC reported the fourth quarter of 2022 results: revenue $16.9 million, net income $1.9 million, EPS ($0.04) per share.

“Revenue in the fourth quarter of 2022 was $16.9 million, compared to $17.6 million in the third quarter of 2022 and $16.6 million in the fourth quarter of 2021.”
Governance Changes

PIXELWORKS, INC: The Board approved and adopted amended and restated bylaws effective January 28, 2023, with various procedural and disclosure enhancements (effective 2023-01-28).

“On January 28, 2023, the board of directors (the “Board”) of Pixelworks, Inc. (the “Company”) approved and adopted amended and restated bylaws of the Company (the “Amended and Restated Bylaws”).”
Material Agreements

PIXELWORKS, INC entered into Capital Increase Agreement with certain private equity investors (Beijing E-town Changhou Display Chip Venture Capital Center (Limited Partnership) and Yangzhou Qizheng Equity Investment Partnership (Limited Partnership)) and Jing Xin Ying (Shanghai) Management Consulting Partnership (Limited Partnership) (ESOP) valued at approximately RMB 109.8 million ($15.7 million USD) (effective 2022-12-21).

“On December 21, 2022, the Company and its subsidiary, PWSH, entered into a Capital Increase Agreement (“CIA”) with certain private equity investors based in China (Beijing E-town Changhou Display Chip Venture Capital Center (Limited Partnership) and Yangzhou Qizheng Equity Investment Partnership (Limited Partnership)) (collectively, the “Investors”) and Jing Xin Ying (Shanghai) Management Consulting Partnership (Limited Partnership), an entity owned by certain of the employees of PWSH (the “ESOP”)(none of the employees are a named executive officer of the Company).”
Earnings Releases

PIXELWORKS, INC reported the third quarter ended September 30, 2022 results: revenue $17.6 million, net income GAAP net loss of $4.5 million, or ($0.08) per share, EPS ($0.08) per share.

“growth initiatives and extend Pixelworks’ technology leadership in our target end markets.” Third Quarter Fiscal 2022 Financial Results Revenue in the third quarter of 2022 was $17.6 million, compared to $19.1 million in the second quarter of 2022 and $15.2 million in the third quarter of 2021. The year-over-year increase in third quarter revenue reflected strong”

John Y. Liu was appointed as director at PIXELWORKS, INC.

“On September 9, 2022, the board of directors (the “Board”) of Pixelworks (the “Company”) approved an increase in the size of the Board from six to seven members and appointed John Y. Liu as a director to serve until the next annual meeting of shareholders or until he resigns or is removed, and until his successor is duly elected and qualified.”

Richard Sanquini retired as Chairman of the Board at PIXELWORKS, INC.

“On February 11, 2022, Richard Sanquini, a director and Chairman of the Board of Pixelworks, Inc. (the “Company”), informed the Company that he has decided to retire as a director of the Company and will not stand for re-election to the Company’s Board of Directors at the Company’s 2022 annual meeting of stockholders (the “Annual Meeting”).”

Haley Aman was appointed as Chief Financial Officer at PIXELWORKS, INC.

“Effective January 7, 2022, Haley Aman was appointed to serve as the Chief Financial Officer of the Company.”

Elias Nader resigned as Chief Financial Officer at PIXELWORKS, INC.

“On January 3, 2022, Elias Nader tendered his resignation as the Chief Financial Officer of Pixelworks, Inc.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.