MARKETABLE SECURITIES

9 Months Ended

Sep. 30, 2020

Marketable Securities [Abstract]

MARKETABLE SECURITIES

F - 14

SOLAREDGE TECHNOLOGIES, INC.

AND ITS SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

U.S. dollars in thousands (except share and per share data)

NOTE 3:-MARKETABLE SECURITIES

The following table summarizes the AFS marketable debt securities as of September 30, 2020:

	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value
AFS – matures within one year:
Corporate bonds	$	108,306	$	878	$	(11	)	$	109,173
Governmental bonds		1,398		14		-			1,412
		109,704		892		(11	)		110,585
AFS – matures after one year:
Corporate bonds		20,822		184		(3	)		21,003
Total	$	130,526	$	1,076	$	(14	)	$	131,588

The following table summarizes the AFS marketable debt securities as of December 31, 2019:

	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value
AFS – matures within one year:
Corporate bonds	$	91,677	$	196	$	(28	)	$	91,845
AFS – matures after one year:
Corporate bonds		117,692		336		(250	)		117,778
Governmental bonds		1,398		-		-			1,398
		119,090		336		(250	)		119,176
Total	$	210,767	$	532	$	(278	)	$	211,021

As of September 30, 2020, the Company did not record an allowance for credit losses for its AFS marketable debt securities.