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Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Held-to-Maturity Securities
 
 
Amortized
cost basis**
 
 
Gross
unrealized
holding
gains
 
 
Gross
unrealized
holding
(losses)
 
 
Aggregate
fair value*
 
 
 
US$ thousands
 
At December 31, 2021
 
 
 
 
 
 
 
 
 
 
 
 
Held to maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities and government debt securities
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
 
8,300
 
 
 
43
 
 
 
(19
)
 
 
8,324
 
Non-Current (1 to 4 years)
 
 
23,966
 
 
 
10
 
 
 
(512
)
 
 
23,464
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
32,266
 
 
 
53
 
 
 
(531
)
 
 
31,788
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
At December 31, 2020
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Held to maturity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt securities and government debt securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current
 
 
35,445
 
 
 
265
 
 
 
(102
)
 
 
35,608
 
Non-Current (1 to 5 years)
 
 
15,365
 
 
 
339
 
 
 
-
 
 
 
15,704
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
50,810
 
 
 
604
 
 
 
(102
)
 
 
51,312
 
*
Fair value is being determined using Level 2 inputs.
**
Including accrued interest in the amount of US$ 412 thousand and US$ 227 thousand as of December 31, 2020 and 2021, respectively.
   
 
The accrued interest is presented as part of other receivables on the balance sheet.
Schedule of Reconciliation of Marketable Securities
Activity in marketable securities in 2021
 
US$ thousands
 
       
Balance at January 1, 2020
   
61,125
 
         
Purchases of marketable securities
   
6,558
 
Discount on marketable securities, net
   
(244
)
Proceeds from maturity of marketable securities
   
(16,629
)
         
Balance at January 1, 2021
   
50,810
 
         
Purchases of marketable securities
   
19,927
 
Discount on marketable securities, net
   
(621
)
Proceeds from maturity of marketable securities
   
(37,850
)
         
Balance at December 31, 2021
   
32,266
 
Summary of Investment Securities in an Unrealized Loss Position
   
Less than 12 months
   
12 months or more
   
Total
 
Held to maturity:
 
Unrealized Losses
   
Fair value
   
Unrealized Losses
   
Fair value
   
Unrealized Losses
   
Fair value
 
                                     
Corporate debt securities and government debt securities
   
(531
)
   
25,814
     
     
     
(531
)
   
25,814
 
 
   
Less than 12 months
   
12 months or more
   
Total
 
Held to maturity:
 
Unrealized Gains
   
Fair value
   
Unrealized Gains
   
Fair value
   
Unrealized Gains
   
Fair value
 
                                     
Corporate debt securities and government debt securities
   
     
     
53
     
5,974
     
53
     
5,974