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Intangible Assets
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets
Note 8 - Intangible Assets
 
         
December 31
 
         
2023
   
2024
 
   
Useful life
   
US$ thousands
 
Original cost:
                 
Capitalization of software development costs
   
8
     
4,909
     
5,274
 
Licenses
   
3
     
633
     
633
 
             
5,542
     
5,907
 
Accumulated amortization:
                       
Capitalization of software development costs
           
2,695
     
2,993
 
Licenses
           
594
     
614
 
             
3,289
     
3,607
 
                         
Intangible assets, net:
                       
Capitalization of software development costs
           
2,214
     
2,281
 
Licenses
           
39
     
19
 
             
2,253
     
2,300
 
 
Amortization expenses for the years ended December 31, 2022, 2023 and 2024 were US$ 207 thousand, US$ 285 thousand and US$ 318 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, 2024, are US$ 305 thousand in each of the years 2025 through 2029. 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.