OTHER FINANCIAL STATEMENT DETAILS

9 Months Ended

Sep. 27, 2025

NOTE 3 - OTHER FINANCIAL STATEMENT DETAILS

Inventories


	As of
U.S. dollars in millions	September 27, 2025		December 28, 2024
Raw materials	$	21	$	35
Work in process		1		1
Finished goods		296		379
Total inventories	$	318	$	415

Inventory write-downs and write-offs totaled zero and $1 million for the three months ended September 27, 2025 and September 28, 2024, respectively; and $2 million and $2 million for the nine months ended September 27, 2025 and September 28, 2024, respectively.

Property and equipment


	As of
U.S. dollars in millions	September 27, 2025		December 28, 2024
Computers, electronic equipment and software	$	239	$	197
Vehicles		14		14
Office furniture and equipment		11		10
Buildings		320		321
Leasehold improvements		51		44
Total property and equipment, gross	$	635	$	586
Less: accumulated depreciation		(182)		(128)
Total property and equipment, net	$	453	$	458

Depreciation expenses totaled $18 million and $16 million for the three months ended September 27, 2025 and September 28, 2024, respectively; and $54 million and $46 million for the nine months ended September 27, 2025 and September 28, 2024, respectively. During the nine months ended September 27, 2025 and September 28, 2024, the Company derecognized the cost and accumulated depreciation of fully depreciated assets in the amount of $1 million and $7 million, respectively.