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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 21:33:23 UTC

Write-offs seem to make sense as we had 88M of machinery in Fremont by the end of 2022 and that's more or less the amount that got written off.
But around 35M of 2024 capex seems to not have translated into increase of P&E on balance sheet.


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**Related Topics**
[balance sheet](/topic/balance-sheet)

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