Marketable Securities

12 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Note 5 – Marketable Securities

Summary of marketable securities amortized cost, unrealized gains, unrealized losses, and fair value as of December 31, 2023:

Marketable Securities	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Matures within one year:
Corporate bonds		9,821		7		(9	)		9,819
Government bonds		8,983		14		-			8,997
		18,804		21		(9	)		18,816
Matures after one year:
Corporate bonds		64,033		574		(3	)		64,604
Government bonds		8,815		157		-			8,972
		72,848		731		(3	)		73,576
		91,652		752		(12	)		92,392

The amortized cost and estimated fair value of marketable securities classified by the maturity date listed on the security, regardless of the Consolidated Balance Sheet classification, is as follows at December 31, 2023:

	December 31, 2023
	Amortized Cost		Fair Value
	U.S. Dollars (in thousands)
Due within one year		18,804		18,816
Due after one through five years		72,210		72,908
Due after five through ten years		638		668
Total marketable securities		91,652		92,392

 

The following table summarizes the estimated fair value and gross unrealized holding losses of marketable securities, aggregated by investment instrument and period of time in an unrealized loss position, at December 31, 2023.

	In Unrealized Loss Position For Less Than 12 Months					In Unrealized Loss Position For Greater Than 12 Months
December 31, 2023	Fair Value		Gross Unrealized Loss			Fair Value		Gross Unrealized Loss
Corporate bonds		2,786		(9	)		2,368		(3	)
Government bonds		-		-			-		-
		2,786		(9	)		2,368		(3	)