OTHER FINANCIAL STATEMENT DETAILS

6 Months Ended

Jun. 28, 2025

OTHER FINANCIAL STATEMENT DETAILS

OTHER FINANCIAL STATEMENT DETAILS

NOTE 3 - OTHER FINANCIAL STATEMENT DETAILS

Inventories

	As of
U.S. dollars in millions	June 28, 2025		December 28, 2024
Raw materials	$	25	$	35
Work in process		—		1
Finished goods		300		379
Total inventories	$	325	$	415

Inventory write-downs and write-offs totaled $1 million and $1 million for the three months ended June 28, 2025 and June 29, 2024, respectively; and $2 million and $1 million for the six months ended June 28, 2025 and June 29, 2024, respectively.

Property and equipment

	As of
U.S. dollars in millions	June 28, 2025		December 28, 2024
Computers, electronic equipment and software	$	226	$	197
Vehicles		14		14
Office furniture and equipment		10		10
Buildings		319		321
Leasehold improvements		48		44
Total property and equipment, gross	$	617	$	586
Less: accumulated depreciation		(163)		(128)
Total property and equipment, net	$	454	$	458

Depreciation expenses totaled $18 million and $16 million for the three months ended June 28, 2025 and June 29, 2024, respectively; and $36 million and $30 million for the six months ended June 28, 2025 and June 29, 2024, respectively. During the six months ended June 28, 2025 and June 29, 2024, the Company derecognized the cost and accumulated depreciation of fully depreciated assets in the amount of $1 million and $7 million, respectively.