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![robinivski Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::836650959187103744.png) Rob Forth [@robinivski](/creator/twitter/robinivski) on x 2579 followers
Created: 2025-07-20 21:25:11 UTC

By end Q3 situation had reversed with P&E being lower than what capex would suggest. In X months company spent 60M on capex and on top of 18M write off in Q1, another 40M got written off for Fab1. That should bring P&E in line with end 2023, I would think, but it declined by 35M.

![](https://pbs.twimg.com/media/GwVKUO3XAAMiUUv.jpg)

XXX engagements

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