Note 11. Accounts Receivable, net


		December 31,	December 31,
		2019	2020
	(in thousands)
Accounts receivable	$	165,133	243,816
Less: Loss allowance		(190)	(190)
	$	164,943	243,626

As of December 31, 2019 and 2020, the Company measures the loss allowance for accounts receivable using the simplified approach under IFRS 9 with the lifetime expected credit losses. To measure the expected credit losses, accounts receivable have been grouped based on the days past due, as well as incorporated forward looking information, including relevant industry information. Analysis of expected credit losses which was measured based on the aforementioned method, was as follows:


		December 31, 2019
					Loss
	Carrying				allowance
	amount of		Weighted		for lifetime
	accounts		average		expected
	receivable		loss rate		credit
	(in thousands)					(in thousands)
Not past due	$	162,765	0	%	$	-
Past due within 30 days		1,685	0%-0.25	%		-
Past due 31‑60 days		474	0%-4.16	%		-
Past due 61‑90 days		-	0%-4.17	%		-
Past due 91‑120 days		19	0%-20.4	%		-
Past due over 121 days		-	100.00	%		-
	$	164,943			$	-


	December 31, 2020
					Loss
	Carrying				allowance
	amount of		Weighted		for lifetime
	accounts		average loss		expected
	receivable		rate		credit
	(in thousands)					(in thousands)
Not past due	$	243,208	0	%	$	-
Past due within 30 days		36	0	%		-
Past due 31‑60 days		382	0	%		-
Past due 61‑90 days		-	0	%		-
Past due 91‑120 days		-	0%-6.32	%		-
Past due over 121 days		-	100.00	%		-
	$	243,626			$	-

As of December 31, 2019, the Company recognized a loss allowance amounting to $190 thousand for accounts receivable with gross carrying amount of $190 thousand due to there was objective evidence indicating that it could not reasonably be expected those receivables would be able to be recovered. There were no changes as of December 31, 2020.

The activity in the loss allowance is as follows:

Loss Allowance


	Balance at			Amounts
	Beginning		Charges to	utilized /	Balance at
Period	of year		earnings	write-offs	end of year
	(in thousands)

Year 2018	$	-	290	-	290
Year 2019	$	290	67	(167)	190
Year 2020	$	190	-	-	190