OTHER FINANCIAL STATEMENT DETAILS

3 Months Ended

Apr. 01, 2023

OTHER FINANCIAL STATEMENT DETAILS

OTHER FINANCIAL STATEMENT DETAILS

NOTE 3 - OTHER FINANCIAL STATEMENT DETAILS

Inventories:

	As of
U.S. dollars in millions	April 1, 2023		December 31, 2022
Raw materials	$	43	$	41
Finished goods		130		72
	$	173	$	113

Inventory write-downs and write-offs were not material for the periods presented in these condensed consolidated financial statements.

Property and equipment, net:

	As of
U.S. dollars in millions	April 1, 2023		December 31, 2022
Computers, electronic equipment and software	$	132	$	124
Vehicles		14		13
Office furniture and equipment		3		4
Leasehold improvements		33		22
Construction in process		307		302
Total property and equipment, gross	$	489	$	465
Less: accumulated depreciation		(88)		(81)
Total property and equipment, net	$	401	$	384

Depreciation expenses totaled $7 million and $5 million for the three months ended April 1, 2023 and April 2, 2022, respectively.