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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Operating Lease Cost

A.The components of operating lease cost for the year ended December 31, 2020 and 2019 were as follows:

Year ended

December 31

2019

2020

US$ thousands

 

Operating lease costs

1,494

1,623

Variable lease payments not included in the lease liability

2

3

Short-term lease cost

287

285

Total operating lease cost

1,783

1,911

Schedule of Supplemental Cash Flow Information Operating Lease

B.Supplemental cash flow information related to operating leases was as follows:

Year ended

December 31

2019

2020

US$ thousands

 

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

1,541

1,601

Right-of-use assets obtained in exchange for lease obligations (non-cash):

Operating leases

1,524

7,201

Schedule of Supplemental Balance Sheet Information Operating Lease

C.Supplemental balance sheet information related to operating leases was as follows:

December 31

2019

2020

US$ thousands

 

Operating leases:

Operating leases right-of-use

3,783

9,913

 

Current operating lease liabilities

1,090

1,813

Non-current operating lease liabilities

2,693

8,282

Total operating lease liabilities

3,783

10,095

Schedule of Additional Information Related to Operating Leases

December 31

2019

2020

US$ thousands

 

Weighted average remaining lease term (years)

4.8

8.2

 

Weighted average discount rate

3.3

%

2.4

%

Schedule of Future Minimum Lease Payments

D.Future minimum lease payments under non-cancellable leases as of December 31, 2020 were as follows:  

December 31, 2020

US$ thousands

 

2021

1,743

2022

1,575

2023

1,426

2024

1,161

After 2025

4,934

Total operating lease payments

10,839

Less: imputed interest

(744

)

Present value of lease liabilities

10,095