Mobileye Global Inc
For the period ended Dec 30, 2023. Filed Feb 23, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 23, 2024
MBLY$5.63-3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| | Year ended | ||||||||
| · December 30, · December 31, · December 25, | |||||||||
| U.S. dollars in millions · 2023 · 2022 · 2021 | |||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES · · · | |||||||||
| Net income (loss) | | $(27) | | $(82) | | $(75) | |||
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | | | | | | | | | |
| Depreciation of property and equipment | | | 39 | | | 23 | | | 17 |
| Share-based compensation | | | 252 | | | 174 | | | 97 |
| Amortization of intangible assets | | | 474 | | | 544 | | | 509 |
| Exchange rate differences on cash and cash equivalents | | | 5 | | | 6 | | | — |
| Deferred income taxes | | | (14) | | | (9) | | | (29) |
| Interest on Dividend Note to related party, net | | | — | | | 18 | | | — |
| Interest with related party, net | | | 16 | | | 12 | | | 20 |
| Other | | | 1 | | | (2) | | | — |
| Changes in operating assets and liabilities: | | | | | | | | | |
| Decrease (increase) in trade accounts receivable | | | (88) | | | (114) | | | (62) |
| Decrease (increase) in other current assets | | | 8 | | | (10) | | | (17) |
| Decrease (increase) in inventories | | | (278) | | | (16) | | | 31 |
| Increase (decrease) in accounts payable, accrued expenses and related party payable | | | 10 | | | 58 | | | 59 |
| Increase (decrease) in employee-related accrued expenses and long term benefits | | | (1) | | | (52) | | | 36 |
| Increase (decrease) in other current liabilities | | | (7) | | | (16) | | | 20 |
| Decrease (increase) in other long-term assets | | | (3) | | | 17 | | | (7) |
| Increase (decrease) in long-term liabilities | | | 7 | | | (5) | | | — |
| Net cash provided by operating activities | | | 394 | | | 546 | | | 599 |
| CASH FLOWS FROM INVESTING ACTIVITIES | | | | | | | | | |
| Purchase of property and equipment | | | (98) | | | (111) | | | (143) |
| Repayment of loan due from related party | | | — | | | 1,635 | | | 460 |
| Issuance of loan to related party | | | — | | | (336) | | | (474) |
| Other | | | — | | | (1) | | | — |
| Net cash provided by (used in) investing activities | | | (98) | | | 1,187 | | | (157) |
| CASH FLOWS FROM FINANCING ACTIVITIES | | | | | | | | | |
| Business combination deferred consideration payment | | | — | | | — | | | (90) |
| Net transfers from Parent | | | — | | | 84 | | | 181 |
| Dividend paid | | | — | | | (337) | | | — |
| Share-based compensation recharge | | | (100) | | | (280) | | | — |
| Proceeds from initial public offering, net of offering costs | | | — | | | 1,034 | | | — |
| Equity transaction in connection with the legal purchase of Moovit entities | | | — | | | (900) | | | — |
| Repayment of Dividend Note with related party | | | — | | | (918) | | | — |
| Net cash provided by (used in) financing activities | | | (100) | | | (1,317) | | | 91 |
| Effect of foreign exchange rate changes on cash and cash equivalents | | | (5) | | | (6) | | | (1) |
| Increase in cash, cash equivalents and restricted cash | | | 191 | | | 410 | | | 532 |
| Balance of cash, cash equivalents and restricted cash, at beginning of year | | | 1,035 | | | 625 | | | 93 |
| Balance of cash, cash equivalents and restricted cash, at end of year | | $1,226 | | $1,035 | | $625 | |||
| Supplementary non-cash investing and financing activities: | | | | | | | | | |
| Non-cash purchase of property and equipment | | $17 | | $13 | | $21 | |||
| Non-cash share based compensation recharge | | | — | | | — | | | 162 |
| Dividend Note with related party | | | — | | | 3,500 | | | — |
| Dividend Note contribution from related party | | | — | | | (2,600) | | | — |
| Unpaid offering costs | | | — | | | 2 | | | — |
| Tax sharing agreement with Parent | | | 3 | | | 34 | | | — |
| Supplemental cash flow information: | | | | | | | | | |
| Cash received (paid) for income taxes, net of refunds | | $(64) | | $(57) | | $(44) | |||
| Interest paid to related party | | | — | | | (6) | | | — |
| Interest received from related party | | | 16 | | | — | | | — |
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