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Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of income (loss) before income taxes and income taxes expense (benefit) included in the consolidated statements of operations

		Year ended December 31
		2022				2023				2024
		US$ thousands
Income (loss) before income taxes:
Israel			17,915				(30,101	)			(12,287	)
Foreign jurisdictions			4,475				2,799				970
			22,390				(27,302	)			(11,317	)
Current taxes:
Israel			1,765				201				235
Foreign jurisdictions			1,198				921				457
			2,963				1,122				692
Current tax (benefits) expenses relating  to prior years:
Israel			(215	)			(10	)			(814	)
Foreign jurisdictions			158				(116	)			168
			(57	)			(126	)			(646	)
Deferred taxes:
Israel			1,114				(1,857	)			2,359
Foreign jurisdictions			64				(28	)			(14	)
			1,178				(1,885	)			2,345
Income tax expense (benefit)			4,084				(889	)			2,391

Schedule of deferred tax assets and liabilities

		December 31				December 31
		2023				2024
		US$ thousands				US$ thousands
Deferred tax assets:
Accrued employee benefits			266				258
Research and development costs			1,065				1,029
Operating loss carryforwards			306				1,370
Property, plant and equipment			-				10
Share based compensation			338				438
Intangible assets			117				16
Operating lease liabilities			446				485
Goodwill*			382				55
Other			39				36
Gross deferred tax assets, before valuation allowances			2,959				3,697
Less: valuation allowance			-				(2,918	)
Total deferred tax assets:			2,959				779
Deferred tax liabilities:
Intangible assets			(161	)			(290	)
Operating leases right-of-use, net			(485	)			(521	)
Total deferred tax liabilities			(646	)			(811	)
Net deferred tax assets			2,313				(32	)
In Israel			2,359				-
Foreign jurisdictions			(46	)			(32	)
Net deferred tax assets			2,313				(32	)
Non-current deferred tax assets			2,359				-
Non-current deferred tax liabilities			(46	)			(32	)

Schedule of reconciliation of the statutory tax expense to actual tax expense

		Year ended December 31
		2022				2023				2024
		US$ thousands
Income (loss) before income taxes			22,390				(27,302	)			(11,317	)
Statutory tax rate in Israel			23.0	%			23.0	%			23.0	%
			5,150				(6,279	)			(2,603	)
Increase (decrease) in taxes resulting from:
Non-deductible operating expenses			566				4,308				485
Non-taxable income			-				-				(61	)
Prior years adjustments			(57	)			(126	)			(646	)
Tax effect due to "Preferred Enterprise" status			(1,949	)			784				2,121
Statutory rate differential			168				221				177
Valuation Allowance			-				-				2,918
Other			206				203				-
Income tax expense (benefit)			4,084				(889	)			2,391

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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