XML 50 R33.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CASH, CASH EQUIVALENTS AND RESTRICTED CASH (Tables)
12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
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, 2023 and 2022.

 

 

 

December 31

 

(in US$ thousands)

 

2023

 

 

2022

 

Cash and savings accounts

 

$

38,470

 

 

$

38,794

 

Time deposits

 

 

 

 

 

 

Cash and cash equivalents reported on the consolidated
   balance sheets

 

 

38,470

 

 

 

38,794

 

Cash restricted as performance bond

 

 

313

 

 

 

313

 

Total cash, cash equivalents and restricted cash reported
   on the consolidated statements of cash flows

 

$

38,783

 

 

$

39,107

 

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)

 

2023

 

 

2022

 

Taiwan

 

$

38,289

 

 

$

38,352

 

Hong Kong

 

 

494

 

 

 

739

 

China

 

 

 

 

 

16

 

 

 

$

38,783

 

 

$

39,107