Navitas Semiconductor Corp [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20
	10-K	10-K	10-K
Assets
Cash and equivalents	110.3	268.3	38.9
Accounts receivable, net	9.1	8.3	4.2
Inventories	19.1	12.0	3.4
Other current assets	3.6	2.9	0.5
Total current assets	142.1	291.4	46.9
Property, plant, and equipment, net	6.5	2.3	0.7
Intangibles	105.6	0.2	0.5
Goodwill	161.5
Other fixed assets	3.1	1.6	0.1
Total assets	425.3	295.6	48.5

Accrued expenses	3.9	2.6	1.7
Current portion of long-term debt	0.0	3.2	1.0
Current portion of long-term debt		3.2	1.0
Other current liabilities	16.4	4.9	3.7
Total current liabilities	20.4	10.7	6.4
Long-term debt		3.7	5.0
Other liabilities	20.2	215.6	0.1
Total liabilities	40.5	230.1	11.4

Shareholders' equity [+]	384.8	65.5	37.1
Paid-in capital	535.9	294.2	3.6
Retained earnings	-154.8	-228.7	-76.0
Tangible shareholders' equity	117.6	65.4	36.6