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Intangible Assets
12 Months Ended
Dec. 31, 2023
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets
Note 8 - Intangible Assets
           
 
         
December 31
 
         
2022
   
2023
 
   
Useful life
   
US$ thousands
 
Original cost:
                 
Capitalization of software development costs
 
8
     
9,081
     
4,909
 
Licenses
 
3
     
633
     
633
 
           
9,714
     
5,542
 
Accumulated amortization:
                     
Capitalization of software development costs
         
2,431
     
2,695
 
Licenses
         
573
     
594
 
           
3,004
     
3,289
 
                       
Intangible assets, net:
                     
Capitalization of software development costs
         
6,650
     
2,214
 
Licenses
         
60
     
39
 
           
6,710
     
2,253
 
 
Amortization expense for the years ended December 31, 2021, 2022 and 2023 were US$ 428 thousand, US$ 207 thousand and US$ 285 thousand, respectively. The estimates amortization of capitalized software development costs in relation to developments that were available for general release to customers, as of December 31, 2023, are US$ 303 thousand in 2024, US$ 451 thousand in 2025 and US$ 501 thousand in each of the years 2026 through 2028. The Company recorded an impairment loss of US$ 5,264 thousand in the year ended December 31, 2023, for two capitalization of software development costs projects, that will no longer be utilized by the Company. The impairment was recorded in cost of sales.