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CASH, CASH EQUIVALENTS AND RESTRICTED CASH
12 Months Ended
Dec. 31, 2020
Cash And Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS AND RESTRICTED CASH

NOTE 5. CASH, CASH EQUIVALENTS AND RESTRICTED CASH

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows as of December 31, 2019 and 2020.

 

 

 

December 31

 

(in US$ thousands)

 

2019

 

 

2020

 

Cash and savings accounts

 

$

57,736

 

 

$

45,696

 

Time deposits

 

 

7

 

 

 

6

 

Cash and cash equivalents reported on the consolidated

   balance sheets

 

 

57,743

 

 

 

45,702

 

Cash restricted as performance bond

 

 

531

 

 

 

300

 

Total cash, cash equivalents and restricted cash reported

   on the consolidated statements of cash flows

 

$

58,274

 

 

$

46,002

 

 

As of December 31, 2019 and 2020, cash amounting to $531 thousand and $300 thousand, respectively, has been deposited in an escrow account in a bank as a performance bond for our players’ game points. These deposits are restricted and are included in restricted cash in the consolidated balance sheets.

We maintain cash and cash equivalents, as well as restricted cash, in bank accounts with major financial institutions with high credit ratings located in the following jurisdictions:

 

 

 

December 31

 

(in US$ thousands)

 

2019

 

 

2020

 

Taiwan

 

$

52,261

 

 

$

42,040

 

Hong Kong

 

 

5,997

 

 

 

3,946

 

China

 

 

16

 

 

 

16

 

 

 

$

58,274

 

 

$

46,002