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Pixelworks expects cash operating expenses below $2.5 million per quarter in 2026 while adding a new multiyear device certification deal
Pixelworks expects to maintain cash operating expenses of less than $2.5 million per quarter through the remainder of 2026, while also securing a new multiyear device certification agreement that CEO Todd DeBonis called the company's first major device licensee. The company reported second-quarter 2026 revenue of $64,000, bringing first-half total revenue to $510,000, and ended the quarter with $53 million in cash and zero debt. Management expects sequential revenue growth in the third quarter based on currently booked business, and quarterly interest income of $400,000 to $500,000. The company also expanded its TrueCut Motion ecosystem through partnerships with Kinepolis Group and CINITY for premium large format theaters.