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10/23/2025 | Press release | Distributed by Public on 10/23/2025 06:56

Material Event (Form 8-K)

Item 8.01 Other Events

On October 22, 2025, Pixelworks, Inc. (the "Company"), and an unrelated third party (the "Purchaser") entered into an agreement under which the Company sold 37 patents and related rights and materials (the "Patents") to the Purchaser for $3.0 million. The Company became the indirect owner of the Patents when it acquired ViXS Systems, Inc. in 2017, and became the sole owner of the Patents in 2021. The technologies underlying the Patents pertain to markets that the Company no longer pursues. The Company expects to record a gain of approximately $3.0 million on the sale in the fourth quarter of 2025.

Pixelworks Inc. published this content on October 23, 2025, and is solely responsible for the information contained herein. Distributed via EDGAR on October 23, 2025 at 12:56 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]