PIXTECH INC /DE/
10-Q/A, 1996-11-21
COMPUTER TERMINALS
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<PAGE>
 
                                  FORM 10-Q/A
                                  -----------

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                                  ACT OF 1934
                  For the quarterly period ended June 30, 1996
                                                 -------------

                                       OR

( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
                                  ACT OF 1934

               For the transition period from       to
                                               ----    ----
               Commission file number 0-26380

               -------------------------------   


                                 PIXTECH, INC.
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)
 
          Delaware                                  04-3214691
- --------------------------------------------------------------------------------
(State or other jurisdiction of           (IRS Employer Identification No.)
incorporation or organization)
 
Avenue Olivier Perroy, 13790 Rousset, France
- --------------------------------------------------------------------------------
(Address of principal executive offices)          (Zip code)
 
                              011-33-42-29-10-00
- --------------------------------------------------------------------------------
             (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes  X    No    .
                                        -       --       

The number of shares outstanding of each of the issuer's classes of common stock
as of

              Class                     Outstanding at June 30, 1996
              -----                     ----------------------------
   Common Stock, $.01 par value                   8,136,146
<PAGE>
 
                                 PIXTECH, INC.
                                 -------------

     The Quarterly Report on Form 10-Q (the "Quarterly Report") filed by
PixTech, Inc. on July 31, 1996 is hereby amended by deleting the Exhibit Index
and replacing it with the Exhibit Index set forth herein. Schedule A to Exhibit
10 to the Quarterly Report is hereby amended by deleting it in its entirety and
replacing it with Schedule A set forth herein.



















                                     - 2 -
<PAGE>
 
                                 PIXTECH, INC.

                                 June 30, 1996
 
 
 
PART II  Other Information
         
         ITEM 1  Legal Proceedings:
                 
                 Not applicable.

         ITEM 2  Changes in Securities:
         
                 Not applicable.
                 
         ITEM 3  Defaults upon Senior Securities:
                 
                 Not applicable.

         ITEM 4  Submission of matters to a vote of security holders:

                 The Company held its annual meeting of stockholders on
                 Thursday, April 25, 1996. The only proposal submitted to a vote
                 of the stockholders at such meeting was a proposal to elect a
                 director. Jean-Pierre Noblanc, by a vote of 4,680,957 votes in
                 favor and 4,200 votes withheld, was re-elected as a director of
                 the Company. There were no abstention or broker non-votes. The
                 terms of office of the following directors continued after the
                 meeting: Jean-Luc Grand-Clement, Pierre-Michel Piccino, William
                 C. Schmidt and John A. Hawkins.

         ITEM 5  Other Information:
         
                 None.
                 
         ITEM 6  Exhibits and reports on Form 8-K:
                                     
                 (a)  Exhibits
                 
                 10                                 Termination Agreement
                                                    dated July 15, 1996 
                                                    between the Registrant and
                                                    Texas Instruments 
                                                    Incorporated.

                 (b)  Reports on Form 8-K - None
 



                                     - 3 -
<PAGE>
 
                                 PIXTECH, INC.

                                 June 30, 1996


                                   SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                             PIXTECH, INC.
 

Date: November  21, 1996     BY: /s/ Yves Morel
                                ------------------------
                             Yves Morel
                             Officer and Director of Finance
                             and Administration















                                     - 4 -
<PAGE>
 
                                 EXHIBIT INDEX



Exhibit No.          Description                                  Page no.
- -----------          -----------                                  --------

10++                 Termination Agreement dated July 15,
                     1996 between the Registrant and Texas
                     Instruments Incorporated.




++ Confidential treatment has been requested for certain portions of this
   Exhibit pursuant to Rule 24b-2 of the Securities and Exchange Act of 1934.


<PAGE>

                                                                  Exhibit 10

 
                                 Schedule A
                                 ----------

                        Patents and Patent Applications*
                        -------------------------------









*Confidential treatment has been requested for marked portion and has been filed
 seperately with the Securities and Exchange Commisison.


<TABLE> <S> <C>

<PAGE>

 
<ARTICLE> 5
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          11,704
<SECURITIES>                                         0
<RECEIVABLES>                                    3,747
<ALLOWANCES>                                         0
<INVENTORY>                                        604
<CURRENT-ASSETS>                                19,197
<PP&E>                                          12,586
<DEPRECIATION>                                 (5,158)
<TOTAL-ASSETS>                                  37,744
<CURRENT-LIABILITIES>                            7,825
<BONDS>                                              0
                                0
                                          0
<COMMON>                                            81
<OTHER-SE>                                      33,773
<TOTAL-LIABILITY-AND-EQUITY>                    37,744
<SALES>                                            178
<TOTAL-REVENUES>                                 2,861
<CGS>                                                0
<TOTAL-COSTS>                                  (4,722)
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 (9)
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (1,554)
<EPS-PRIMARY>                                   (0.19)
<EPS-DILUTED>                                        0
        

</TABLE>


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