Table of Contents ENPHASE ENERGY, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following table presents long-lived assets by geographic region as of the periods presented: Long-Lived Assets December 31, 2023 2022 (In thousands) United States $ 107,448 $ 54,406 India 22,978 19,950 China 12,883 9,228 New Zealand 8,959 6,059 Mexico 6,028 9,929 Romania 5,280 8,355 Others 4,668 3,440 Total $ 168,244 $ 111,367 21. RELATED PARTY In 2018, a member of the Company’s board of directors, Thurman John Rodgers, purchased $5.0 million aggregate principal amount of the Notes due 2023 in a concurrent private placement. During the year ended December 31, 2023, the $5.0 million aggregate principal amount of the Notes due 2023 was converted into shares of common stock of the Company. Refer to Note 13. “Debt,” for additional information related to this purchase. Enphase Energy, Inc. | 2023 Form 10-K | 122
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