Mobileye Global Inc
For the period ended Mar 30, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2024 · Filed May 8, 2024
MBLY$5.63-3.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three months ended | ||||||
| · March 30, · April 1, | ||||||
| U.S. dollars in millions · 2024 · 2023 | ||||||
| CASH FLOWS FROM OPERATING ACTIVITIES · · · | ||||||
| Net income (loss) | | $(218) | | $(79) | ||
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | | | | | | |
| Depreciation of property and equipment | | | 14 | | | 7 |
| Share-based compensation | | | 62 | | | 72 |
| Amortization of intangible assets | | | 111 | | | 133 |
| Exchange rate differences on cash and cash equivalents | | | 2 | | | 4 |
| Deferred income taxes | | | (6) | | | (3) |
| Interest with related party, net | | | — | | | 16 |
| Changes in operating assets and liabilities: | | | | | | |
| Decrease (increase) in trade accounts receivable | | | 216 | | | 30 |
| Decrease (increase) in other current assets | | | (25) | | | 14 |
| Decrease (increase) in inventories | | | (65) | | | (60) |
| Increase (decrease) in accounts payable, accrued expenses and related party payable | | | (62) | | | 29 |
| Increase (decrease) in employee-related accrued expenses and long term benefits | | | 5 | | | 4 |
| Increase (decrease) in other current liabilities | | | 6 | | | 2 |
| Decrease (increase) in other long term assets | | | (2) | | | 2 |
| Increase (decrease) in long-term liabilities | | | 2 | | | — |
| Net cash provided by operating activities | | | 40 | | | 171 |
| CASH FLOWS FROM INVESTING ACTIVITIES | | | | | | |
| Purchase of property and equipment | | | (22) | | | (26) |
| Net cash used in investing activities | | | (22) | | | (26) |
| CASH FLOWS FROM FINANCING ACTIVITIES | | | | | | |
| Share-based compensation recharge | | | (4) | | | (3) |
| Net cash used in financing activities | | | (4) | | | (3) |
| Effect of foreign exchange rate changes on cash and cash equivalents | | | (2) | | | (4) |
| Increase in cash, cash equivalents and restricted cash | | | 12 | | | 138 |
| Balance of cash, cash equivalents and restricted cash, at beginning of year | | | 1,226 | | | 1,035 |
| Balance of cash, cash equivalents and restricted cash, at end of period | | $1,238 | | $1,173 | ||
| Supplementary non-cash investing and financing activities: | | | | | | |
| Non cash purchase of property and equipment | | $12 | | $12 | ||
| Non-cash share based compensation recharge | | | 1 | | | 1 |
| Tax sharing agreement with Parent | | | — | | | 5 |
| Supplemental cash flow information: | | | | |||
| Cash received (paid) for income taxes, net of refunds | | $(13) | | $(15) | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.