Semilux International Ltd. Ordinary Shares (SELX) 6-K 17 Dec 24 Report of Foreign Private Issuer Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information Line Items
Entity Registrant Name	Semilux International Ltd.
Document Type	6-K
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001990950
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity File Number	001-41965

Individual Balance Sheets

Individual Balance Sheets - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Statement of financial position [abstract]
Cash and cash equivalents	$ 150,108	$ 202,465	$ 255,390
Current financial assets at amortised cost	97,350	92,115	93,420
Accounts receivable, net	4,714	5,522	4,194
Current tax assets	2,082	1,794	1,052
Inventories	38,120	45,275	58,713
Prepayments	3,407	4,892	3,897
Other current assets	46,536	29,455	268
Current Assets	342,317	381,518	416,934
Property, plant and equipment	48,264	47,996	54,922
Right-of-use assets	9,024	7,474	12,449
Deferred income tax assets	7,280	4,820	3,674
Other non-current assets	11,183	7,007	7,014
Non-current assets	75,751	67,297	78,059
Total assets	418,068	448,815	494,993
Short-term borrowings	90,000	90,000	90,000
Current contract liabilities	177	99
Accounts payable	346	29	428
Other payables	11,561	11,069	8,667
Other payables to related parties	2,487
Current lease liabilities	5,562	7,003	8,875
Long-term liabilities, current portion	10,910	13,785	19,817
Other current liabilities, others	551	545	501
Current Liabilities	121,594	122,530	128,288
Long-term borrowings	36,983	36,688	37,673
Deferred income tax liabilities	3,645	1,299	2,424
Non-current lease liabilities	3,259		3,208
Non-current liabilities	43,887	37,987	43,305
Total Liabilities	165,481	160,517	171,593
Share capital - common stock	281,510	281,510	281,510
Capital surplus	46,365	46,365	46,365
Legal reserve	13,956	13,956	13,956
Accumulated deficit	(89,244)	(53,533)	(18,431)
Total equity	252,587	288,298	323,400
Total liabilities and equity	$ 418,068	$ 448,815	$ 494,993

Individual Statements of Compre

Individual Statements of Comprehensive Income - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Individual statements of comprehensive income [abstract]
Sales revenue	$ 16,226	$ 15,262
Operating costs	(28,428)	(15,608)
Net operating margin	(12,202)	(346)
Selling expenses	(6,337)	(4,520)
General and administrative expenses	(19,251)	(16,379)
Research and development expenses	(17,586)	(11,535)
Impairment gain and reversal of impairment loss		267
Total operating expenses	(43,174)	(32,167)
Operating loss	(55,376)	(32,513)
Interest income	6,233	7,316
Other income	468	330
Other gains and losses	14,330	3,731
Finance costs	(1,480)	(1,666)
Total non-operating income and expenses	19,551	9,711
Loss before income tax	(35,825)	(22,802)
Income tax benefit	114	304
Loss for the period	(35,711)	(22,498)
Total other comprehensive income for the period
Total comprehensive loss for the period	$ (35,711)	$ (22,498)
Total basic losses per share (in New Dollars per share)	$ (1.27)	$ (0.8)
Total diluted losses per share (in New Dollars per share)	$ (1.27)	$ (0.8)

Individual Statements of Change

Individual Statements of Changes in Equity - TWD ($) $ in Thousands	Share capital - common stock	Capital surplus, additional paid-in capital	Retained Earnings Legal reserve	Retained Earnings Unappropriated retained earnings (accumulated deficit)	Total
Balance at Dec. 31, 2022	$ 281,510	$ 46,365	$ 13,504	$ 4,519	$ 345,898
Loss for the period				(22,498)	(22,498)
Other comprehensive income
Total comprehensive loss				(22,498)	(22,498)
Legal reserve			452	(452)
Balance at Jun. 30, 2023	281,510	46,365	13,956	(18,431)	323,400
Balance at Dec. 31, 2023	281,510	46,365	13,956	(53,533)	288,298
Loss for the period				(35,711)	(35,711)
Other comprehensive income
Total comprehensive loss				(35,711)	(35,711)
Balance at Jun. 30, 2024	$ 281,510	$ 46,365	$ 13,956	$ (89,244)	$ 252,587

Individual Statements of Cash F

Individual Statements of Cash Flows - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Loss before tax	$ (35,825)	$ (22,802)
Adjustments to reconcile profit (loss)
Depreciation expense - property, plant and equipment	13,179	12,180
Expected credit impairment gain		(267)
Interest expense	1,480	1,666
Interest income	(6,233)	(7,316)
Changes in operating assets
Financial assets at amortised cost	(5,235)	31,263
Accounts receivable	808	2,480
Inventories	7,155	(21,945)
Prepayments	1,485	3,901
Other receivables	(21)	1,840
Other current assets	(17,060)	(137)
Other non - current assets		10
Changes in operating liabilities
Current contract liabilities	78
Accounts payable	317	(812)
Other payables	323	(7,194)
Other payables to related parties	2,487
Other current liabilities	6	36
Cash outflow generated from operations	(37,056)	(7,097)
Interest received	6,233	7,316
Interest paid	(1,397)	(1,471)
Income tax paid	(288)	(718)
Net cash flows used in operating activities	(32,508)	(1,970)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property, plant and equipment	(12,301)	(7,104)
Decrease (increase) in guarantee deposits received	20	(69)
Net cash flows used in investing activities	(12,281)	(7,173)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in short-term loans	8,000	8,000
Decrease in short-term loans	(8,000)	(26,370)
Payments of lease liabilities	(4,988)	(5,160)
Repayments of long-term debt	(2,580)	(11,277)
Net cash flows used in financing activities	(7,568)	(34,807)
Net decrease in cash and cash equivalents	(52,357)	(43,950)
Cash and cash equivalents at beginning of period	202,465	299,340
Cash and cash equivalents at end of period	$ 150,108	$ 255,390

History and Organization

History and Organization	6 Months Ended
	Jun. 30, 2024
History and Organization [Abstract]
History and Organization	1. History and Organization Semilux International Ltd. (the “Company”) is primarily engaged in the development, manufacture and sales of laser module and its components.

The Date of Authorisation for I

The Date of Authorisation for Issuance of the Financial Statements and Procedures for Authorisation	6 Months Ended
	Jun. 30, 2024
The Date of Authorisation for Issuance of the Financial Statements and Procedures for Authorisation [Abstract]
The Date of Authorisation for Issuance of the Financial Statements and Procedures for Authorisation	2. The Date of Authorisation for Issuance of the Financial Statements and Procedures for Authorisation These individual financial statements were reported to the Board of Directors on October 30, 2024.

Application of New Standards, A

Application of New Standards, Amendments and Interpretations	6 Months Ended
	Jun. 30, 2024
Application of New Standards, Amendments and Interpretations [Abstract]
Application of New Standards, Amendments and Interpretations	3. Application of New Standards, Amendments and Interpretations (1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards (“IFRS ® New standards, interpretations and amendments endorsed by FSC and became effective from 2024 are as follows: Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IFRS 16, ‘Lease liability in a sale and leaseback’ January 1, 2024 Amendments to IAS 1, ‘Classification of liabilities as current or non-current’ January 1, 2024 Amendments to IAS 1, ‘Non-current liabilities with covenants’ January 1, 2024 Amendments to IAS 7 and IFRS 7, ‘Supplier finance arrangements’ January 1, 2024 The above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment. (2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by the FSC but not yet adopted by the Company New standards, interpretations and amendments endorsed by the FSC effective from 2025 are as follows: Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IAS 21, ‘Lack of exchangeability’ January 1, 2025 The above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment. (3) IFRS Accounting Standards issued by IASB but not yet endorsed by the FSC New standards, interpretations and amendments issued by IASB but not yet included in the IFRS Accounting Standards as endorsed by the FSC are as follows: Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial Instruments’ January 1, 2026 Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets between an investor and its associate or joint venture’ To be determined by International Accounting Standards Board IFRS 17, ‘Insurance contracts’ January 1, 2023 Amendments to IFRS 17, ‘Insurance contracts’ January 1, 2023 Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information’ January 1, 2023 IFRS 18, ‘Presentation and disclosure in financial statements’ January 1, 2027 IFRS 19, ‘Subsidiaries without public accountability: disclosures’ January 1, 2027 Annual Improvements to IFRS Accounting Standards—Volume 11 January 1, 2026 Except for the following, the above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment. IFRS 18, ‘Presentation and disclosure in financial statements’ replaces IAS 1. The standard introduces a defined structure of the statement of profit or loss, disclosure requirements related to management-defined performance measures, and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes.

Summary of Material Accounting

Summary of Material Accounting Policies	6 Months Ended
	Jun. 30, 2024
Summary of Material Accounting Policies [Abstract]
Summary of Material Accounting Policies	4. Summary of Material Accounting Policies The principal accounting policies adopted are consistent with Note 4 in the individual financial statements for the year ended December 31, 2023, except for the compliance statement, basis of preparation, basis of consolidation and additional policies as set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated. (1) Compliance statement The individual financial statements have been prepared in accordance with the “Business Entity Accounting Act” and the International Accounting Standard 34, ‘Interim financial reporting’ that came into effect as endorsed by the FSC. (2) Basis of preparation A. The individual financial statements have been prepared under the historical cost convention. B. The preparation of financial statements in conformity with IFRSs requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 5. (3) Employee benefits Pension cost for the interim period is calculated on a year-to-date basis by using the pension cost rate derived from the actuarial valuation at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant curtailments, settlements, or other significant one-off events. Also, the related information is disclosed accordingly. (4) Income tax The interim period income tax expense is recognised based on the estimated average annual effective income tax rate expected for the full financial year applied to the pretax income of the interim period, and the related information is disclosed accordingly.

Critical Accounting Judgements,

Critical Accounting Judgements, Estimates and Key Sources of Assumption Uncertainty	6 Months Ended
	Jun. 30, 2024
Critical Accounting Judgements, Estimates and Key Sources of Assumption Uncertainty [Abstract]
Critical Accounting Judgements, Estimates and Key Sources of Assumption Uncertainty	5. Critical Accounting Judgements, Estimates and Key Sources of Assumption Uncertainty There have been no significant changes as of June 30, 2024. Please refer to Note 5 in the individual financial statements for the year ended December 31, 2023.

Details of Significant Accounts

Details of Significant Accounts	6 Months Ended
	Jun. 30, 2024
Disclosure Of Significant Accounts Abstract
Details of Significant Accounts	6. Details of Significant Accounts (1) Cash and cash equivalents June 30, December 31, June 30, Cash on hand and revolving funds $ 242 $ 280 $ 242 Checking accounts and demand deposits 20,066 33,307 35,300 Time deposits 129,800 168,878 219,848 $ 150,108 $ 202,465 $ 255,390 A. The Company transacts with a variety of financial institutions all with high credit quality to disperse credit risk, so it expects that the probability of counterparty default is remote. B. On June 30, 2024, December 31, 2023 and June 30, 2023, the Company had restricted cash and cash equivalents due to short-term borrowings classified as “financial assets at amortised cost”, please refer to Notes 6(2) and 8 for details. C. The Company has no cash and cash equivalents pledged to others. (2) Financial assets at amortised cost Items June 30, December 31, June 30, Current items: Restricted deposit $ 97,350 $ 92,115 $ 93,420 A. Amounts recognised in profit or loss in relation to financial assets at amortised cost are listed below: Six months ended Six months ended June 30, June 30, Interest income $ 2,480 1,033 B. As at June 30, 2024, December 31, 2023 and June 30, 2023, without taking into account any collateral held or other credit enhancements, the maximum exposure to credit risk in respect of the amount that best represents the financial assets at amortised cost held by the Company is the amount of the financial assets at amortised cost. C. Details of the Company’s financial assets at amortised cost pledged to others as collateral are provided in Note 8. D. Information relating to credit risk of financial assets at amortised cost is provided in Note 12(2). (3) Notes and accounts receivable June 30, December 31, June 30, Accounts receivable $ 4,722 $ 5,530 $ 4,203 Less: Allowance for uncollectible accounts (8 ) (8 ) (9 ) $ 4,714 $ 5,522 $ 4,194 A. The ageing analysis of accounts receivable and notes receivable that were past due but not impaired is as follows: June 30, December 31, June 30, Accounts receivable Accounts receivable Accounts receivable Not past due $ 3,882 $ 5,055 $ 4,049 Up to 30 days 731 288 140 31 to 90 days 101 179 6 91 to 180 days - - 8 181 to 270 days - - - 271 to 360 days - - - Over 361 days 8 8 - $ 4,722 $ 5,530 $ 4,203 The above ageing analysis was based on past due date. B. As of June 30, 2024, December 31, 2023 and June 30, 2023 and January 1, 2023, the balances of receivables from contracts with customers amounted to $4,714, $5,522, $4,194, and $6,407, respectively. C. As of June 30, 2024, December 31, 2023 and June 30, 2023, without taking into account any collateral held or other credit enhancements, the maximum exposure to credit risk in respect of the amount that best represents the Company’s accounts receivable was the amount of the Company’s accounts receivable. D. The Company did not hold any collateral as security. E. Information relating to credit risk of accounts receivable and notes receivable is provided in Note 12(2). (4) Inventories June 30, 2024 Cost Allowance for Book value Raw materials $ 8,500 $ (4,725 ) $ 3,775 Work in progress 19,148 (11,906 ) 7,242 Finished goods 46,872 (19,769 ) 27,103 $ 74,520 $ (36,400 ) $ 38,120 December 31, 2023 Cost Allowance for Book value Raw materials $ 9,119 $ (1,292 ) $ 7,827 Work in progress 21,542 (5,010 ) 16,532 Finished goods 38,712 (17,796 ) 20,916 $ 69,373 $ (24,098 ) $ 45,275 June 30, 2023 Cost Allowance for Book value Raw materials $ 9,685 $ (928 ) $ 8,757 Work in progress 19,714 (4,194 ) 15,520 Finished goods 47,473 (13,037 ) 34,436 $ 76,872 $ (18,159 ) $ 58,713 The cost of inventories recognized as expense for the period: Six months ended Six months ended 2024 2023 Cost of goods sold $ 14,090 $ 10,541 Loss on decline in market 12,302 5,067 Unallocated overheads 2,036 - $ 28,428 $ 15,608 (5) Other current assets June 30, December 31, June 30, Payment on behalf of others $ 46,172 $ 29,122 $ - Others 364 333 268 $ 46,536 $ 29,455 $ 268 (6) Property, plant and equipment Six months ended June 30, 2024 Cost Opening Additions Reductions Ending Machinery $ 91,594 $ 3,880 $ (160 ) $ 95,314 Others 7,829 4,404 (1,069 ) 11,164 $ 99,423 $ 8,284 $ (1,229 ) $ 106,478 Accumulated depreciation Machinery $ (47,185 ) $ (7,202 ) $ 160 $ (54,227 ) Others (4,242 ) (814 ) 1,069 (3,987 ) $ (51,427 ) $ (8,016 ) $ 1,229 $ (58,214 ) $ 47,996 $ 48,264 Six months ended June 30, 2023 Cost Opening Additions Reductions Ending balance Machinery $ 106,944 $ 6,748 $ - $ 113,692 Others 31,559 502 - 32,061 $ 138,503 $ 7,250 $ - $ 145,753 Accumulated depreciation Machinery $ (57,437 ) $ (5,938 ) $ - $ (63,375 ) Others (26,190 ) (1,266 ) - (27,456 ) $ (83,627 ) $ (7,204 ) $ - $ (90,831 ) $ 54,876 $ 54,922 (7) Other non-current assets June 30, December 31, June 30, Prepayments for equipment $ 5,418 $ 1,222 $ 1,222 Refundable deposit 5,765 5,785 5,785 Others - - 7 $ 11,183 $ 7,007 $ 7,014 (8) Leasing arrangements – lessor A. The Company leases various assets including land, buildings, machinery and equipment, business vehicle. Rental contracts are typically made for periods of 2 to 5 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes. B. The carrying amount of right-of-use assets and the depreciation charge are as follows: June 30, December 31, June 30, Carrying Carrying Carrying Buildings $ 6,822 $ 6,814 $ 10,676 Transportation equipment (Business vehicles) 2,202 660 1,773 $ 9,024 $ 7,474 $ 12,449 Six months Six months June 30, June 30, Depreciation Depreciation Buildings $ 4,218 $ 3,862 Transportation equipment (Business vehicles) 945 1,114 $ 5,163 $ 4,976 C. For the six months ended June 30, 2024 and 2023, the additions to right-of-use assets were $6,713 and $11,246 , D. The information on profit and loss accounts relating to lease contracts is as follows: 2024 2023 Items affecting profit or loss Interest expense on lease liabilities $ 93 $ 124 E. For the six months ended June 30, 2024 and 2023, the Company’s total cash outflow for leases were $5,081 and $5,284, respectively. (9) Short-term borrowings Type of borrowings June 30, Interest Collateral Bank borrowings Secured borrowings $ 90,000 1.94%~2.55% Time deposits, Credit Guarantee Fund Type of borrowings December 31, Interest Collateral Bank borrowings Secured borrowings $ 90,000 1.81%~2.43% Time deposits, Credit Guarantee Fund Type of borrowings June 30, Interest Collateral Bank borrowings Secured borrowings $ 82,000 1.85% Time deposits Unsecured borrowings 8,000 2.43% $ 90,000 Short-term borrowings collateral is provided in Note 8. (10) Long-term borrowings Type of borrowings Borrowing period Interest Collateral June 30, Long-term bank borrowings Secured borrowings Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly. 2.28% (Note 2) $ 11,060 Unsecured borrowings Borrowing period is from August 21, 2020 to October 18, 2028; interest is repayable monthly. 2.13%~2.22% (Note 1) 36,833 47,893 Less: Current portion (10,910 ) $ 36,983 Type of borrowings Borrowing period Interest Collateral December 31, Long-term bank borrowings Secured borrowings Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly. 2.15% (Note 2) $ 12,640 Unsecured borrowings Borrowing period is from August 21, 2020 to October 18, 2028; interest is repayable monthly. 1.81%~2.10% (Note 1) 37,833 50,473 Less: Current portion (13,785 ) $ 36,688 Type of borrowings Borrowing period Interest Collateral June 30, Long-term bank borrowings Secured borrowings Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly. 2.15% (Note 2) $ 14,220 Unsecured borrowings Borrowing period is from August 21, 2020 to June 29, 2026; interest is repayable monthly. 2.00%~2.20% (Note 1) 43,270 57,490 Less: Current portion (19,817 ) $ 37,673 Note 1: The mentioned borrowings are guaranteed by the Small & Medium Enterprise Credit Guarantee Fund of Taiwan. Note 2: Long-term borrowings collateral is provided in Note 8. (11) Pensions A. Effective July 1, 2005, the Company has established a defined contribution pension plan (the “New Plan”) under the Labor Pension Act (the “Act”), covering all regular employees with R.O.C. nationality. Under the New Plan, the Company contributes monthly an amount based on 6% of the employees’ monthly salaries and wages to the employees’ individual pension accounts at the Bureau of Labor Insurance. The benefits accrued are paid monthly or in lump sum upon termination of employment. B. The pension costs under defined contribution pension plans of the Company for the six months ended June 30, 2024 and 2023 were $1,224 and $1,025, respectively. (12) Share capital As of June 30, 2024, the Company’s authorized capital was $1,000,000 thousand, consisting of 1,000 thousand shares of ordinary stock, and the paid-in capital was $281,510 with a par value of $10 (in dollars) per share. Movements in the number of the Company’s ordinary shares outstanding are as follows: 2024 2023 At June 30 $ 28,151 $ 28,151 (13) Capital surplus Pursuant to the R.O.C. Company Act, capital surplus arising from paid-in capital in excess of par value on issuance of common stocks and donations can be used to cover accumulated deficit or to issue new stocks or cash to shareholders in proportion to their share ownership, provided that the Company has no accumulated deficit. However, capital surplus should not be used to cover accumulated deficit unless the legal reserve is insufficient. 2024 Share premium Employee restricted shares Total At June 30 $ 32,416 $ 13,949 $ 46,365 2023 Share premium Employee restricted shares Total At June 30 $ 32,416 $ 13,949 $ 46,365 (14) Retained earnings A. Under the Company’s Articles of Incorporation, the current year’s earnings, if any, shall first be used to pay all taxes and offset prior years’ operating losses and then 10% of the remaining amount shall be set aside as legal reserve. The remainder, if any, to be retained or to be appropriated shall be resolved by the stockholders at the stockholders’ meeting. B. Except for covering accumulated deficit or issuing new stocks or cash to shareholders in proportion to their share ownership, the legal reserve shall not be used for any other purpose. The use of legal reserve for the issuance of stocks or cash to shareholders in proportion to their share ownership is permitted, provided that the distribution of the reserve is limited to the portion in excess of 25% of the Company’s paid-in capital. C. The Company’s dividend policy is summarized below: as the Company operates in a volatile business environment and is in the stable growth stage, the residual dividend policy is adopted taking into consideration the Company’s financial structure, operating results and future expansion plans. D. On June 30, 2023, the stockholders resolved the distribution of 2022 earnings as follows: Year ended December 31, 2022 Amount Dividend Legal reserve $ 452 Cash dividends - $ - $ 452 E. As of December 31, 2023, the Company had an accumulated deficit, thus, there were no retained earnings that could be distributed. F. Information relating to employees’ compensation and directors’ and supervisors’ remuneration is provided in Note 6(21). (15) Operating revenue Six months Six months Revenue from contracts with customers $ 16,226 $ 15,262 A. Disaggregation of revenue from contracts with customers The Company derives revenue from the transfer of goods and services over time and at a point in time in the following major product lines and geographical regions: Mainland China Taiwan Germany Others Six months ended June 30, 2024 Optical filter Optical filter module Optical filter Others- QLED Optical filter Optical filter Total Revenue from external customer contracts $ 4,433 $ 4,486 $ 241 $ 718 $ 5,620 $ 728 $ 16,226 Timing of revenue recognition At a point in time $ 4,433 $ 4,486 $ 241 $ 718 $ 5,620 $ 728 $ 16,226 Mainland China Taiwan Germany Others Six months ended June 30, 2024 Optical filter Optical filter module Optical filter Others- QLED Optical filter Optical filter Total Revenue from external customer contracts $ 6,796 $ 1,575 $ 491 $ 746 $ 4,405 $ 1,249 $ 15,262 Timing of revenue recognition At a point in time $ 6,796 $ 1,575 $ 491 $ 746 $ 4,405 $ 1,249 $ 15,262 B. Contract liabilities The Company has recognised the following revenue-related contract liabilities: June 30, December 31, June 30, January 1, Contract liabilities $ 177 $ 99 $ - - C. Revenue recognised that was included in the contract liability balance at the beginning of the period Six months Six months Revenue recognised that was included in the contract liability balance at the beginning of the period $ 99 $ - (16) Interest income Six months Six months Interest income from bank deposits $ 6,210 $ 7,277 Other interest income 23 39 $ 6,233 $ 7,316 (17) Other income Six months Six months Government grants $ 326 $ 63 Other income 142 267 $ 468 $ 330 (18) Other gains and losses Six months ended Six months ended Foreign exchange gains $ 14,389 $ 3,732 Miscellaneous disbursements (59 ) (1 ) $ 14,330 $ 3,731 (19) Finance costs Six months ended Six months ended 2024 2023 Interest expense Bank borrowings $ 1,387 $ 1,542 Lease liabilities 93 124 $ 1,480 $ 1,666 (20) Expenses by nature Six months ended June 30, 2024 Operating Cost Operating Expense Total Employee benefit expense $ 9,183 $ 21,628 $ 30,811 Depreciation charges on property, plant and equipment 8,993 4,186 13,179 $ 18,176 $ 25,814 $ 43,990 Six months ended June 30, 2023 Operating Cost Operating Expense Total Employee benefit expense $ 9,399 $ 14,071 $ 23,470 Depreciation charges on property, plant and equipment 8,149 4,031 12,180 $ 17,548 $ 18,102 $ 35,650 (21) Employee benefit expense Six months ended June 30, 2024 Operating Cost Operating Expense Total Wages and salaries $ 7,557 $ 18,872 $ 26,429 Employee stock options 829 1,459 2,288 Pension costs 413 811 1,224 Other personnel expenses 384 486 870 $ 9,183 $ 21,628 $ 30,811 Six months ended June 30, 2023 Operating Cost Operating Expense Total Wages and salaries $ 7,692 $ 10,803 $ 18,495 Employee stock options 872 1,099 1,971 Pension costs 426 599 1,025 Other personnel expenses 409 1,570 1,979 $ 9,399 $ 14,071 $ 23,470 A. In accordance with the Articles of Incorporation of the Company, a ratio of distributable profit of the current year, after covering accumulated losses, shall be distributed as employees’ compensation and directors’ and supervisors’ remuneration. The ratio shall not be lower than 1%~15% for employees’ compensation. B. For the six months ended June 30, 2024 and 2023, the Company had incurred a net loss, and thus did not accrue employees’ compensation and directors’ and supervisors’ remuneration. (22) Income tax A. Income tax expense (a) Components of income tax expense: Six months ended Six months ended 2024 2023 Current tax: Current tax on profits for the period $ - $ - Total current tax - - Deferred tax: Origination and reversal of temporary differences (114 ) (304 ) Income tax benefit $ (114 ) $ (304 ) B. The Company’s income tax returns through 2022 have been assessed and approved by the Tax Authority. (23) Losses per share Six months ended June 30, 2024 Weighted average number of ordinary Amount after tax shares outstanding (share in thousands) Losses per Basic/Diluted losses per share Loss attributable to ordinary shareholders of the parent $ (35,711 ) 28,151 $ (1.27 ) Six months ended June 30, 2023 Weighted average number of ordinary Amount after tax shares Losses per (in dollars) Basic/Diluted losses per share Loss attributable to ordinary shareholders of the parent $ (22,498 ) 28,151 $ (0.80 ) (24) Supplemental cash flow information Investing activities with partial cash payments Six months ended Six months ended Purchase of property, plant and equipment $ 8,284 $ 7,250 Add: Opening balance of payable on equipment 267 535 Add: Opening balance of prepayment for equipment 5,418 1,222 Less: Ending balance of payable on (446 ) (13 ) Less: Ending balance of prepayment on equipment (1,222 ) (1,890 ) Cash paid during the period $ 12,301 $ 7,104 (25) Changes in liabilities from financing activities Short-term Lease Long-term Liabilities from At January 1, 2024 $ 90,000 $ 7,003 $ 50,473 $ 147,476 Changes in cash flow from financing activities - (4,988 ) (2,580 ) (7,568 ) Changes in other non-cash items - 6,806 - 6,806 At June 30, 2024 $ 90,000 $ 8,821 $ 47,893 $ 146,714 Short-term Lease Long-term Liabilities from At January 1, 2023 $ 108,370 $ 5,873 $ 68,767 $ 183,010 Changes in cash flow from financing activities (18,370 ) (5,160 ) (11,277 ) (34,807 ) Changes in other non-cash items - 11,370 - 11,370 At June 30, 2023 $ 90,000 $ 12,083 $ 57,490 $ 159,573

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	7. Related Party Transactions (1) Names of related parties and relationship (2) Significant related party transactions A. Payment on behalf of others June 30, December 31, June 30, Payment on behalf of others (Recorded as Other current assets) SELX $ 46,172 $ 29,122 $ - The payments on behalf of others mainly consist of audit fees, consultancy fees, and listing-related expenses paid on behalf of SELX for its public listing in the United States. The payments on behalf of others bear no interest. B. Payables to related parties: June 30, December 31, June 30, Other payables SELX $ 2,487 $ - $ - The other payables primarily consist of advances made by SELX. (3) Key management compensation Six months ended Six months ended 2024 2023 Salaries and other short-term employee benefits $ 6,842 $ 6,841

Pledged Assets

Pledged Assets	6 Months Ended
	Jun. 30, 2024
Pledged Assets [Abstract]
Pledged Assets	8. Pledged Assets The Company’s assets pledged as collateral are as follows: Book value Pledged asset June 30, June 30, June 30, Purpose Financial assets at amortised cost $ 97,350 $ 92,115 $ 82,000 Short-term borrowings Property, plant, and equipment 23,754 23,739 25,393.00 Long-term borrowings $ 121,104 $ 115,854 $ 107,393

Significant Contingent Liabilit

Significant Contingent Liabilities and Unrecognised Contract Commitments	6 Months Ended
	Jun. 30, 2024
Significant Contingent Liabilities and Unrecognised Contract Commitments [Abstract]
Significant Contingent Liabilities and Unrecognised Contract Commitments	9. Significant Contingent Liabilities and Unrecognised Contract Commitments Commitments Capital expenditure contracted for at the balance sheet date but not yet incurred is as follows: June 30, December 31, June 30, Property, plant and equipment $ 9,750 $ - $ -

Significant Disaster Loss

Significant Disaster Loss	6 Months Ended
	Jun. 30, 2024
Significant Disaster Loss [Abstract]
Significant Disaster Loss	10. Significant Disaster Loss None.

Significant Events After the Ba

Significant Events After the Balance Sheet Date	6 Months Ended
	Jun. 30, 2024
Significant Events After the Balance Sheet Date [Abstract]
Significant Events after the Balance Sheet Date	11. Significant Events after the Balance Sheet Date (1) On July 29, 2024, the Company's Board of Directors resolved to approve a cash capital increase by issuing new shares. The planned issuance is 15,000 thousand shares at an issue price of $20 per share, with a total amount of $300,000 thousand. (2) On August 16, 2024, the Company's Board of Directors resolved to approve an additional investment project. In response to the Company's operational growth needs, the Company plans to invest in EZ Intelligent Technology CO., LTD., which is related to AI artificial intelligence research and development. The planned investment amount is $40,564 thousand, with an expected ownership percentage of approximately 36.04%.

Others

Others	6 Months Ended
	Jun. 30, 2024
Disclosure Of Others Explanatory Abstract
Others	12. Others (1) Capital management The Company’s objectives when managing capital are to safeguard the Company’s ability to continue as a going concern in order to provide returns for shareholders and to maintain an optimal capital structure to reduce the cost of capital. In order to maintain or adjust the capital structure, the Company may adjust the amounts of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. The Company monitors capital on the basis of the gearing ratio. This ratio is calculated as net debt divided by total capital. Net debt is calculated as total borrowings (including ‘current and non-current borrowings’ as shown in the consolidated balance sheet) less cash and cash equivalents. Total capital is calculated as ‘equity’ as shown in the consolidated balance sheet plus net debt. During the six months ended June 30, 2024, the Company monitors funds by regularly reviewing the ratio of liabilities to assets. The gearing ratios at June 30, 2024, December 31, 2023 and June 30, 2023, were as follows: June 30, December 31, June 30, Total borrowings $ 165,481 $ 160,517 $ 171,593 Total asset 418,068 448,815 494,993 Gearing ratio 39.58 % 35.76 % 34.67 % (2) Financial instruments A. Financial instruments by category Financial assets June 30, December 31, June 30, Financial assets at amortised cost Cash and cash equivalents $ 150,108 $ 202,465 $ 255,390 Financial assets at amortised 97,350 92,115 93,420 Accounts receivable 4,714 5,522 4,194 Other receivables 18 18 23 Guarantee deposits paid 5,765 5,785 5,785 $ 257,955 $ 305,905 $ 358,812 Financial liabilities June 30, December 31, June 30, Financial liabilities at amortised Short-term borrowings $ 90,000 $ 90,000 $ 90,000 Accounts payable 346 29 428 Other accounts payable 11,561 11,069 8,667 Other payables to related parties 2,487 - - Long-term borrowings (including current portion) 47,893 50,473 57,490 $ 152,287 $ 151,571 $ 156,585 Current lease liabilities $ 5,562 $ 7,003 $ 8,875 Non-current lease liabilities 3,259 - 3,208 $ 8,821 $ 7,003 $ 12,083 B. Financial risk management policies (a) The Company’s activities expose it to a variety of financial risks: market risk (including foreign exchange risk, interest rate risk and price risk), credit risk and liquidity risk. To minimise any adverse effects on the financial performance of the Company, derivative financial instruments, such as foreign exchange forward contracts and foreign currency option contracts are used to hedge certain exchange rate risk, and interest rate swaps are used to fix variable future cash flows. Derivatives are used exclusively for hedging purposes and not as trading or speculative instruments. (b) Risk management is carried out by a central treasury department (Company treasury) under policies approved by the Board of Directors. Company treasury identifies, evaluates and hedges financial risks in close co-operation with the Company’s operating units. The Board provides written principles for overall risk management, as well as written policies covering specific areas and matters, such as foreign exchange risk, interest rate risk, credit risk, use of derivative financial instruments and non-derivative financial instruments, and investment of excess liquidity. C. Significant financial risks and degrees of financial risks (a) Market risk Foreign exchange risk i. The Company operates internationally and is exposed to foreign exchange risk arising from the transactions of the Company and its subsidiaries used in various functional currency, primarily with respect to the USD and RMB. Foreign exchange risk arises from future commercial transactions and recognised assets and liabilities. ii. The Company’s businesses involve some non-functional currency operations (the Company’s and certain subsidiaries’ functional currency: NTD; other certain subsidiaries’ functional currency:USD). The information on assets and liabilities denominated in foreign currencies whose values would be materially affected by the exchange rate fluctuations is as follows: June 30, 2024 (Foreign currency: functional currency) Foreign currency amount Exchange Book value Degree of Effect on Effect on other Financial assets USD:NTD $ 8,882 32.45 $ 288,221 1 % $ 2,882 $ - Financial liabilities USD:NTD $ 78 32.45 $ 2,531 1 % $ 25 $ - December 31, 2023 (Foreign currency: functional currency) Foreign currency amount Exchange Book value Degree of Effect on Effect on other Financial assets USD:NTD $ 9,148 30.71 $ 280,935 1 % $ 2,809 $ - June 30, 2023 (Foreign currency: functional currency) Foreign currency amount Exchange Book value Degree of Effect on Effect on other Financial assets USD:NTD $ 10,851 31.14 $ 337,900 1 % $ 3,379 $ - iii. Total exchange gain, including realised and unrealised, arising from significant foreign exchange variation on the monetary items held by the Company for the six months ended June 30, 2024 and 2023 amounted to $14,389 and $3,732, respectively. Cash flow and fair value Interest rate risk i. The Company’s main interest rate risk arises from short-term/long-term borrowings with variable rates, which expose the Company to cash flow interest rate risk. During January 1 to June 30, 2024 and 2023, the Company’s borrowings at variable rate were mainly denominated in New Taiwan dollars. ii If the borrowing interest rate of dollars had increased/decreased by 1% with all other variables held constant, profit, net of tax for the six months ended June 30, 2024 and 2023 would have increased/decreased by $ 552 and $ 590, respectively. The main factor is that changes in interest expense result in floating-rate borrowings. (b) Credit risk i. Credit risk refers to the risk of financial loss to the Company arising from default by the clients or counterparties of financial instruments on the contract obligations. The main factor is that counterparties could not repay in full the accounts receivable based on the agreed terms, and the contract cash flows of debt instruments stated at amortised cost, at fair value through profit or loss and at fair value through other comprehensive income. ii. For banks and financial institutions, the Company transacts with a variety of banks and financial institutions, mainly domestic and overseas well-known financial institutions, to avoid concentration in any single counterparty and to minimize credit risk. The Company can only enter into the financial services and loan agreement provided by banks and financial institutions after being approved by the Board of Directors or authorized management according to the Company’s delegation of authorization policy. To prevent legal risks, the Company signs with banks and financial institutions after all documents are examined by counsel or legal advisors. The Company periodically checks the credit rating, conditions and quality of service as well as transactions. According to the Company’s operating condition, the credit limits and utilization of credit limits are monitored on a regular basis and maintained within a reasonable range to ensure it meets the needs of the operation. iii. The Company adopts the assumptions under IFRS 9, the default occurs when the contract payments are past due over 90 days. iv. The Company adopts the following assumptions under IFRS 9 to assess whether there has been a significant increase in credit risk on that instrument since initial recognition: If the contract payments were past due over 30 days based on the terms, there has been a significant increase in credit risk on that instrument since initial recognition. v. The Company classifies customers’ accounts receivable in accordance with credit rating of customer. The Company applies the modified approach using a provision matrix based on the loss rate methodology to estimate expected credit loss under the provision matrix basis. vi. The following indicators are used to determine whether the credit impairment of debt instruments has occurred: (i) It becomes probable that the issuer will enter bankruptcy or other financial reorganisation due to their financial difficulties; (ii) The disappearance of an active market for that financial asset because of financial difficulties; (iii) Default or delinquency in interest or principal repayments; (iv) Adverse changes in national or regional economic conditions that are expected to cause a default. vii. The Company wrote-off the financial assets, which cannot be reasonably expected to be recovered, after initiating recourse procedures. However, the Company will continue executing the recourse procedures to secure their rights. viii. The Company used the future-prospective considerations to adjust historical and timely information to assess the default possibility of accounts receivable. On June 30, 2024, and 2023, the provision matrix is as follows: Six months ended June 30, 2024 Expected loss rate Total book value Loss Not past due 0.00% $ 3,882 $ - Up to 30 days past due 0.00% 731 - 31~90 days 0.00% 101 - 91~180 days 0.00% - - 181~270 days 0.00% - - 270~360 days 0.00% - - More than 360 days 100.00% 8 8 $ 4,722 $ 8 Year ended December 31, 2023 Expected loss rate Total book value Loss Not past due 0.00% $ 5,055 $ - Up to 30 days past due 0.00% 288 - 31~90 days 0.00% 179 - 91~180 days 0.00% - - 181~270 days 0.00% - - 270~360 days 0.00% - - More than 360 days 100.00% 8 8 $ 5,530 $ 8 Six months ended June 30, 2023 Expected loss rate Total book value Loss Not past due 0.02% $ 4,049 $ 1 Up to 30 days past due 0.15% 140 - 31~90 days 2.62% 6 - More than 90 days 100.00% 8 8 $ 4,203 $ 9 ix. Movements in relation to the Company applying the modified approach to provide loss allowance for accounts receivable, contract assets and lease payments receivable are as follows: 2024 2023 Accounts receivable Accounts receivable At January 1 $ 8 $ 276 Reversal of impairment loss - (267 ) At June 30 $ 8 $ 9 (c) Liquidity risk i. Cash flow forecasting is performed in the operating entities of the Company and aggregated by Company treasury. Company treasury monitors rolling forecasts of the Company’s liquidity requirements to ensure it has sufficient cash to meet operational needs while maintaining sufficient headroom on its undrawn committed borrowing facilities at all times so that the Company does not breach borrowing limits or covenants (where applicable) on any of its borrowing facilities. Such forecasting takes into consideration the Company’s debt financing plans, covenant compliance, compliance with internal balance sheet ratio targets and, if applicable external regulatory. ii. The Company has the following undrawn borrowing facilities: June 30, December 31, June 30, Fixed rate: Expiring beyond one year $ 13,040 $ 13,040 $ 13,040 iii. The table below analyses the Company’s non-derivative financial liabilities and net-settled or gross-settled derivative financial liabilities into relevant maturity groupings based on the remaining period at the balance sheet date to the contractual maturity date for non-derivative financial liabilities and to the expected maturity date for derivative financial liabilities. The amounts disclosed in the table are the contractual undiscounted cash flows. Less than 1 Between 1 Over 2 June 30, 2024 year and 2 years years Total Non-derivative financial liabilities Short-term borrowings $ 91,791 $ - $ - $ 91,791 Accounts payable 346 - - 346 Other payables 11,561 - - 11,561 Other payables to related parties 2,487 - - 2,487 Lease liability 5,763 1,684 1,755 9,202 Long-term borrowings (including current portion) 11,109 12,383 25,420 48,912 Less than 1 Between 1 Over 2 December 31, 2023 year and 2 years years Total Non-derivative financial liabilities Short-term borrowings $ 91,679 $ - $ - $ 91,679 Accounts payable 29 - - 29 Other payables 11,069 - - 11,069 Lease liability 8,007 - - 8,007 Long-term borrowings (including current portion) 14,074 13,385 24,067 51,526 Less than 1 Between 1 Over 2 June 30, 2023 year and 2 years years Total Non-derivative financial liabilities Short-term borrowings $ 90,629 $ - $ - $ 90,629 Accounts payable 428 - - 428 Other payables 8,667 - - 8,667 Lease liability 8,999 3,220 - 12,219 Long-term borrowings (including current portion) 19,925 19,472 18,650 58,047 (3) Fair value information A. The different levels that the inputs to valuation techniques are used to measure fair value of financial and non-financial instruments have been defined as follows: Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date. A market is regarded as active where a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Unobservable inputs for the asset or liability. The fair value of the Company’s equity investment without active market is included in Level 3. B. Financial instruments not measured at fair value Except for those listed in the table below, the carrying amounts of cash and cash equivalents, notes receivable, accounts receivable, other receivables, short-term borrowings, notes payable, accounts payable and other payables are approximate to their fair values. C. The Company has no financial/ non-financial instruments measured at fair value.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2024
Segment Information [Abstract]
Segment Information	13. Segment Information Not applicable.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Compliance statement	Compliance statement The individual financial statements have been prepared in accordance with the “Business Entity Accounting Act” and the International Accounting Standard 34, ‘Interim financial reporting’ that came into effect as endorsed by the FSC.
Basis of preparation	Basis of preparation A. The individual financial statements have been prepared under the historical cost convention. B. The preparation of financial statements in conformity with IFRSs requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 5.
Employee benefits	Employee benefits Pension cost for the interim period is calculated on a year-to-date basis by using the pension cost rate derived from the actuarial valuation at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant curtailments, settlements, or other significant one-off events. Also, the related information is disclosed accordingly.
Income tax	Income tax The interim period income tax expense is recognised based on the estimated average annual effective income tax rate expected for the full financial year applied to the pretax income of the interim period, and the related information is disclosed accordingly.

Application of New Standards,_2

Application of New Standards, Amendments and Interpretations (Tables)	6 Months Ended
	Jun. 30, 2024
Application of New Standards, Amendments and Interpretations [Abstract]
Schedule of New Standards, Interpretations and Amendments	New standards, interpretations and amendments endorsed by FSC and became effective from 2024 are as follows: Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IFRS 16, ‘Lease liability in a sale and leaseback’ January 1, 2024 Amendments to IAS 1, ‘Classification of liabilities as current or non-current’ January 1, 2024 Amendments to IAS 1, ‘Non-current liabilities with covenants’ January 1, 2024 Amendments to IAS 7 and IFRS 7, ‘Supplier finance arrangements’ January 1, 2024 Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IAS 21, ‘Lack of exchangeability’ January 1, 2025 Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial Instruments’ January 1, 2026 Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets between an investor and its associate or joint venture’ To be determined by International Accounting Standards Board IFRS 17, ‘Insurance contracts’ January 1, 2023 Amendments to IFRS 17, ‘Insurance contracts’ January 1, 2023 Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information’ January 1, 2023 IFRS 18, ‘Presentation and disclosure in financial statements’ January 1, 2027 IFRS 19, ‘Subsidiaries without public accountability: disclosures’ January 1, 2027 Annual Improvements to IFRS Accounting Standards—Volume 11 January 1, 2026

Details of Significant Accoun_2

Details of Significant Accounts (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure Of Significant Accounts Abstract
Schedule of Cash and Cash Equivalents	Cash and cash equivalents June 30, December 31, June 30, Cash on hand and revolving funds $ 242 $ 280 $ 242 Checking accounts and demand deposits 20,066 33,307 35,300 Time deposits 129,800 168,878 219,848 $ 150,108 $ 202,465 $ 255,390
Schedule of Financial Assets at Amortised Cost	Financial assets at amortised cost Items June 30, December 31, June 30, Current items: Restricted deposit $ 97,350 $ 92,115 $ 93,420
Schedule of Amounts Recognised in Profit or Loss in Relation to Financial Assets at Amortised Cost	Amounts recognised in profit or loss in relation to financial assets at amortised cost are listed below: Six months ended Six months ended June 30, June 30, Interest income $ 2,480 1,033
Schedule of Notes and Accounts Receivable	Notes and accounts receivable June 30, December 31, June 30, Accounts receivable $ 4,722 $ 5,530 $ 4,203 Less: Allowance for uncollectible accounts (8 ) (8 ) (9 ) $ 4,714 $ 5,522 $ 4,194
Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired	The ageing analysis of accounts receivable and notes receivable that were past due but not impaired is as follows: June 30, December 31, June 30, Accounts receivable Accounts receivable Accounts receivable Not past due $ 3,882 $ 5,055 $ 4,049 Up to 30 days 731 288 140 31 to 90 days 101 179 6 91 to 180 days - - 8 181 to 270 days - - - 271 to 360 days - - - Over 361 days 8 8 - $ 4,722 $ 5,530 $ 4,203
Schedule of Inventories	Inventories June 30, 2024 Cost Allowance for Book value Raw materials $ 8,500 $ (4,725 ) $ 3,775 Work in progress 19,148 (11,906 ) 7,242 Finished goods 46,872 (19,769 ) 27,103 $ 74,520 $ (36,400 ) $ 38,120 December 31, 2023 Cost Allowance for Book value Raw materials $ 9,119 $ (1,292 ) $ 7,827 Work in progress 21,542 (5,010 ) 16,532 Finished goods 38,712 (17,796 ) 20,916 $ 69,373 $ (24,098 ) $ 45,275 June 30, 2023 Cost Allowance for Book value Raw materials $ 9,685 $ (928 ) $ 8,757 Work in progress 19,714 (4,194 ) 15,520 Finished goods 47,473 (13,037 ) 34,436 $ 76,872 $ (18,159 ) $ 58,713
Schedule of Cost of Inventories Recognized as Expense	The cost of inventories recognized as expense for the period: Six months ended Six months ended 2024 2023 Cost of goods sold $ 14,090 $ 10,541 Loss on decline in market 12,302 5,067 Unallocated overheads 2,036 - $ 28,428 $ 15,608
Schedule of Other Current Assets	Other current assets June 30, December 31, June 30, Payment on behalf of others $ 46,172 $ 29,122 $ - Others 364 333 268 $ 46,536 $ 29,455 $ 268
Schedule of Property, Plant and Equipment	Property, plant and equipment Six months ended June 30, 2024 Cost Opening Additions Reductions Ending Machinery $ 91,594 $ 3,880 $ (160 ) $ 95,314 Others 7,829 4,404 (1,069 ) 11,164 $ 99,423 $ 8,284 $ (1,229 ) $ 106,478 Accumulated depreciation Machinery $ (47,185 ) $ (7,202 ) $ 160 $ (54,227 ) Others (4,242 ) (814 ) 1,069 (3,987 ) $ (51,427 ) $ (8,016 ) $ 1,229 $ (58,214 ) $ 47,996 $ 48,264 Six months ended June 30, 2023 Cost Opening Additions Reductions Ending balance Machinery $ 106,944 $ 6,748 $ - $ 113,692 Others 31,559 502 - 32,061 $ 138,503 $ 7,250 $ - $ 145,753 Accumulated depreciation Machinery $ (57,437 ) $ (5,938 ) $ - $ (63,375 ) Others (26,190 ) (1,266 ) - (27,456 ) $ (83,627 ) $ (7,204 ) $ - $ (90,831 ) $ 54,876 $ 54,922
Schedule of Other Non-Current Assets	Other non-current assets June 30, December 31, June 30, Prepayments for equipment $ 5,418 $ 1,222 $ 1,222 Refundable deposit 5,765 5,785 5,785 Others - - 7 $ 11,183 $ 7,007 $ 7,014
Schedule of Right-of-Use Assets at Carrying Value and Depreciation Charge	The carrying amount of right-of-use assets and the depreciation charge are as follows: June 30, December 31, June 30, Carrying Carrying Carrying Buildings $ 6,822 $ 6,814 $ 10,676 Transportation equipment (Business vehicles) 2,202 660 1,773 $ 9,024 $ 7,474 $ 12,449 Six months Six months June 30, June 30, Depreciation Depreciation Buildings $ 4,218 $ 3,862 Transportation equipment (Business vehicles) 945 1,114 $ 5,163 $ 4,976
Schedule of Information on Profit and Loss Accounts Relating to Lease Contracts	The information on profit and loss accounts relating to lease contracts is as follows: 2024 2023 Items affecting profit or loss Interest expense on lease liabilities $ 93 $ 124
Schedule of Short-Term Borrowings	Short-term borrowings Type of borrowings June 30, Interest Collateral Bank borrowings Secured borrowings $ 90,000 1.94%~2.55% Time deposits, Credit Guarantee Fund Type of borrowings December 31, Interest Collateral Bank borrowings Secured borrowings $ 90,000 1.81%~2.43% Time deposits, Credit Guarantee Fund Type of borrowings June 30, Interest Collateral Bank borrowings Secured borrowings $ 82,000 1.85% Time deposits Unsecured borrowings 8,000 2.43% $ 90,000
Schedule of Long-Term Borrowings	Long-term borrowings Type of borrowings Borrowing period Interest Collateral June 30, Long-term bank borrowings Secured borrowings Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly. 2.28% (Note 2) $ 11,060 Unsecured borrowings Borrowing period is from August 21, 2020 to October 18, 2028; interest is repayable monthly. 2.13%~2.22% (Note 1) 36,833 47,893 Less: Current portion (10,910 ) $ 36,983 Type of borrowings Borrowing period Interest Collateral December 31, Long-term bank borrowings Secured borrowings Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly. 2.15% (Note 2) $ 12,640 Unsecured borrowings Borrowing period is from August 21, 2020 to October 18, 2028; interest is repayable monthly. 1.81%~2.10% (Note 1) 37,833 50,473 Less: Current portion (13,785 ) $ 36,688 Type of borrowings Borrowing period Interest Collateral June 30, Long-term bank borrowings Secured borrowings Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly. 2.15% (Note 2) $ 14,220 Unsecured borrowings Borrowing period is from August 21, 2020 to June 29, 2026; interest is repayable monthly. 2.00%~2.20% (Note 1) 43,270 57,490 Less: Current portion (19,817 ) $ 37,673
Schedule of Movements in Number Ordinary Shares Outstanding	Movements in the number of the Company’s ordinary shares outstanding are as follows: 2024 2023 At June 30 $ 28,151 $ 28,151
Schedule of Capital Surplus	2024 Share premium Employee restricted shares Total At June 30 $ 32,416 $ 13,949 $ 46,365 2023 Share premium Employee restricted shares Total At June 30 $ 32,416 $ 13,949 $ 46,365
Schedule of Legal Reserves and Dividend Distribution	On June 30, 2023, the stockholders resolved the distribution of 2022 earnings as follows: Year ended December 31, 2022 Amount Dividend Legal reserve $ 452 Cash dividends - $ - $ 452
Schedule of Operating Revenue	Operating revenue Six months Six months Revenue from contracts with customers $ 16,226 $ 15,262
Schedule of Disaggregation of Revenue from Contracts with Customers	The Company derives revenue from the transfer of goods and services over time and at a point in time in the following major product lines and geographical regions: Mainland China Taiwan Germany Others Six months ended June 30, 2024 Optical filter Optical filter module Optical filter Others- QLED Optical filter Optical filter Total Revenue from external customer contracts $ 4,433 $ 4,486 $ 241 $ 718 $ 5,620 $ 728 $ 16,226 Timing of revenue recognition At a point in time $ 4,433 $ 4,486 $ 241 $ 718 $ 5,620 $ 728 $ 16,226 Mainland China Taiwan Germany Others Six months ended June 30, 2024 Optical filter Optical filter module Optical filter Others- QLED Optical filter Optical filter Total Revenue from external customer contracts $ 6,796 $ 1,575 $ 491 $ 746 $ 4,405 $ 1,249 $ 15,262 Timing of revenue recognition At a point in time $ 6,796 $ 1,575 $ 491 $ 746 $ 4,405 $ 1,249 $ 15,262
Schedule of Revenue-Related Contract Liabilities	The Company has recognised the following revenue-related contract liabilities: June 30, December 31, June 30, January 1, Contract liabilities $ 177 $ 99 $ - -
Schedule of Revenue Recognised and Included in Contract Liability	Revenue recognised that was included in the contract liability balance at the beginning of the period Six months Six months Revenue recognised that was included in the contract liability balance at the beginning of the period $ 99 $ -
Schedule of Interest Income	Interest income Six months Six months Interest income from bank deposits $ 6,210 $ 7,277 Other interest income 23 39 $ 6,233 $ 7,316
Schedule of Other Income	Other income Six months Six months Government grants $ 326 $ 63 Other income 142 267 $ 468 $ 330
Schedule of Other Gains and Losses	Other gains and losses Six months ended Six months ended Foreign exchange gains $ 14,389 $ 3,732 Miscellaneous disbursements (59 ) (1 ) $ 14,330 $ 3,731
Schedule of Finance Costs	Finance costs Six months ended Six months ended 2024 2023 Interest expense Bank borrowings $ 1,387 $ 1,542 Lease liabilities 93 124 $ 1,480 $ 1,666
Schedule of Expenses by Nature	Expenses by nature Six months ended June 30, 2024 Operating Cost Operating Expense Total Employee benefit expense $ 9,183 $ 21,628 $ 30,811 Depreciation charges on property, plant and equipment 8,993 4,186 13,179 $ 18,176 $ 25,814 $ 43,990 Six months ended June 30, 2023 Operating Cost Operating Expense Total Employee benefit expense $ 9,399 $ 14,071 $ 23,470 Depreciation charges on property, plant and equipment 8,149 4,031 12,180 $ 17,548 $ 18,102 $ 35,650
Schedule of Employee Benefit Expense	Employee benefit expense Six months ended June 30, 2024 Operating Cost Operating Expense Total Wages and salaries $ 7,557 $ 18,872 $ 26,429 Employee stock options 829 1,459 2,288 Pension costs 413 811 1,224 Other personnel expenses 384 486 870 $ 9,183 $ 21,628 $ 30,811 Six months ended June 30, 2023 Operating Cost Operating Expense Total Wages and salaries $ 7,692 $ 10,803 $ 18,495 Employee stock options 872 1,099 1,971 Pension costs 426 599 1,025 Other personnel expenses 409 1,570 1,979 $ 9,399 $ 14,071 $ 23,470
Schedule of Components of Income Tax Expense	Components of income tax expense: Six months ended Six months ended 2024 2023 Current tax: Current tax on profits for the period $ - $ - Total current tax - - Deferred tax: Origination and reversal of temporary differences (114 ) (304 ) Income tax benefit $ (114 ) $ (304 )
Schedule of Losses Per Share	Losses per share Six months ended June 30, 2024 Weighted average number of ordinary Amount after tax shares outstanding (share in thousands) Losses per Basic/Diluted losses per share Loss attributable to ordinary shareholders of the parent $ (35,711 ) 28,151 $ (1.27 ) Six months ended June 30, 2023 Weighted average number of ordinary Amount after tax shares Losses per (in dollars) Basic/Diluted losses per share Loss attributable to ordinary shareholders of the parent $ (22,498 ) 28,151 $ (0.80 )
Schedule of Investing Activities with Partial Cash Payments	Investing activities with partial cash payments Six months ended Six months ended Purchase of property, plant and equipment $ 8,284 $ 7,250 Add: Opening balance of payable on equipment 267 535 Add: Opening balance of prepayment for equipment 5,418 1,222 Less: Ending balance of payable on (446 ) (13 ) Less: Ending balance of prepayment on equipment (1,222 ) (1,890 ) Cash paid during the period $ 12,301 $ 7,104
Schedule of Changes in Liabilities from Financing Activities	Changes in liabilities from financing activities Short-term Lease Long-term Liabilities from At January 1, 2024 $ 90,000 $ 7,003 $ 50,473 $ 147,476 Changes in cash flow from financing activities - (4,988 ) (2,580 ) (7,568 ) Changes in other non-cash items - 6,806 - 6,806 At June 30, 2024 $ 90,000 $ 8,821 $ 47,893 $ 146,714 Short-term Lease Long-term Liabilities from At January 1, 2023 $ 108,370 $ 5,873 $ 68,767 $ 183,010 Changes in cash flow from financing activities (18,370 ) (5,160 ) (11,277 ) (34,807 ) Changes in other non-cash items - 11,370 - 11,370 At June 30, 2023 $ 90,000 $ 12,083 $ 57,490 $ 159,573

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Schedule of Payment on Behalf of Others	Payment on behalf of others June 30, December 31, June 30, Payment on behalf of others (Recorded as Other current assets) SELX $ 46,172 $ 29,122 $ -
Schedule of Payables to Related Parties	Payables to related parties: June 30, December 31, June 30, Other payables SELX $ 2,487 $ - $ -
Schedule of Key Management Compensation	Key management compensation Six months ended Six months ended 2024 2023 Salaries and other short-term employee benefits $ 6,842 $ 6,841

Pledged Assets (Tables)

Pledged Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Pledged Assets [Abstract]
Schedule of Pledged Assets	The Company’s assets pledged as collateral are as follows: Book value Pledged asset June 30, June 30, June 30, Purpose Financial assets at amortised cost $ 97,350 $ 92,115 $ 82,000 Short-term borrowings Property, plant, and equipment 23,754 23,739 25,393.00 Long-term borrowings $ 121,104 $ 115,854 $ 107,393

Significant Contingent Liabil_2

Significant Contingent Liabilities and Unrecognised Contract Commitments (Tables)	6 Months Ended
	Jun. 30, 2024
Significant Contingent Liabilities and Unrecognised Contract Commitments [Abstract]
Schedule of Capital Expenditure Contracted for at the Balance Sheet	Capital expenditure contracted for at the balance sheet date but not yet incurred is as follows: June 30, December 31, June 30, Property, plant and equipment $ 9,750 $ - $ -

Others (Tables)

Others (Tables)	6 Months Ended
	Jun. 30, 2024
Disclosure Of Others Explanatory Abstract
Schedule of Gearing Ratio	June 30, December 31, June 30, Total borrowings $ 165,481 $ 160,517 $ 171,593 Total asset 418,068 448,815 494,993 Gearing ratio 39.58 % 35.76 % 34.67 %
Schedule of Financial Instruments	Financial assets June 30, December 31, June 30, Financial assets at amortised cost Cash and cash equivalents $ 150,108 $ 202,465 $ 255,390 Financial assets at amortised 97,350 92,115 93,420 Accounts receivable 4,714 5,522 4,194 Other receivables 18 18 23 Guarantee deposits paid 5,765 5,785 5,785 $ 257,955 $ 305,905 $ 358,812 Financial liabilities June 30, December 31, June 30, Financial liabilities at amortised Short-term borrowings $ 90,000 $ 90,000 $ 90,000 Accounts payable 346 29 428 Other accounts payable 11,561 11,069 8,667 Other payables to related parties 2,487 - - Long-term borrowings (including current portion) 47,893 50,473 57,490 $ 152,287 $ 151,571 $ 156,585 Current lease liabilities $ 5,562 $ 7,003 $ 8,875 Non-current lease liabilities 3,259 - 3,208 $ 8,821 $ 7,003 $ 12,083
Schedule of Foreign Exchange Rate	June 30, 2024 (Foreign currency: functional currency) Foreign currency amount Exchange Book value Degree of Effect on Effect on other Financial assets USD:NTD $ 8,882 32.45 $ 288,221 1 % $ 2,882 $ - Financial liabilities USD:NTD $ 78 32.45 $ 2,531 1 % $ 25 $ - December 31, 2023 (Foreign currency: functional currency) Foreign currency amount Exchange Book value Degree of Effect on Effect on other Financial assets USD:NTD $ 9,148 30.71 $ 280,935 1 % $ 2,809 $ - June 30, 2023 (Foreign currency: functional currency) Foreign currency amount Exchange Book value Degree of Effect on Effect on other Financial assets USD:NTD $ 10,851 31.14 $ 337,900 1 % $ 3,379 $ -
Schedule of Provision Matrix	Six months ended June 30, 2024 Expected loss rate Total book value Loss Not past due 0.00% $ 3,882 $ - Up to 30 days past due 0.00% 731 - 31~90 days 0.00% 101 - 91~180 days 0.00% - - 181~270 days 0.00% - - 270~360 days 0.00% - - More than 360 days 100.00% 8 8 $ 4,722 $ 8 Year ended December 31, 2023 Expected loss rate Total book value Loss Not past due 0.00% $ 5,055 $ - Up to 30 days past due 0.00% 288 - 31~90 days 0.00% 179 - 91~180 days 0.00% - - 181~270 days 0.00% - - 270~360 days 0.00% - - More than 360 days 100.00% 8 8 $ 5,530 $ 8 Six months ended June 30, 2023 Expected loss rate Total book value Loss Not past due 0.02% $ 4,049 $ 1 Up to 30 days past due 0.15% 140 - 31~90 days 2.62% 6 - More than 90 days 100.00% 8 8 $ 4,203 $ 9
Schedule of Accounts Receivable	2024 2023 Accounts receivable Accounts receivable At January 1 $ 8 $ 276 Reversal of impairment loss - (267 ) At June 30 $ 8 $ 9
Schedule of Undrawn Borrowing Facilities	June 30, December 31, June 30, Fixed rate: Expiring beyond one year $ 13,040 $ 13,040 $ 13,040
Schedule of Maturity of Non-Derivative Financial Liabilities	Less than 1 Between 1 Over 2 June 30, 2024 year and 2 years years Total Non-derivative financial liabilities Short-term borrowings $ 91,791 $ - $ - $ 91,791 Accounts payable 346 - - 346 Other payables 11,561 - - 11,561 Other payables to related parties 2,487 - - 2,487 Lease liability 5,763 1,684 1,755 9,202 Long-term borrowings (including current portion) 11,109 12,383 25,420 48,912 Less than 1 Between 1 Over 2 December 31, 2023 year and 2 years years Total Non-derivative financial liabilities Short-term borrowings $ 91,679 $ - $ - $ 91,679 Accounts payable 29 - - 29 Other payables 11,069 - - 11,069 Lease liability 8,007 - - 8,007 Long-term borrowings (including current portion) 14,074 13,385 24,067 51,526 Less than 1 Between 1 Over 2 June 30, 2023 year and 2 years years Total Non-derivative financial liabilities Short-term borrowings $ 90,629 $ - $ - $ 90,629 Accounts payable 428 - - 428 Other payables 8,667 - - 8,667 Lease liability 8,999 3,220 - 12,219 Long-term borrowings (including current portion) 19,925 19,472 18,650 58,047

Application of New Standards,_3

Application of New Standards, Amendments and Interpretations (Details) - Schedule of New Standards, Interpretations and Amendments	6 Months Ended
	Jun. 30, 2024
Amendments to IFRS 16, ‘Lease liability in a sale and leaseback’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2024
Amendments to IAS 1, ‘Classification of liabilities as current or non-current’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2024
Amendments to IAS 1, ‘Non-current liabilities with covenants’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2024
Amendments to IAS 7 and IFRS 7, ‘Supplier finance arrangements’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2024
Amendments to IAS 21, ‘Lack of exchangeability’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2025
Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial Instruments’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2026
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets between an investor and its associate or joint venture’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments, Description	To be determined by International Accounting Standards Board
IFRS 17, ‘Insurance contracts’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2023
Amendments to IFRS 17, ‘Insurance contracts’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2023
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2023
IFRS 18, ‘Presentation and disclosure in financial statements’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2027
IFRS 19, ‘Subsidiaries without public accountability: disclosures’ [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2027
Annual Improvements to IFRS Accounting Standards—Volume 11 [Member]
Schedule of New Standards, Interpretations and Amendments [Line Items]
New Standards, Interpretations and Amendments	Jan. 01, 2026

Details of Significant Accoun_3

Details of Significant Accounts (Details) - TWD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Jan. 01, 2023
Details of Significant Accounts [Line Items]
Receivables from contracts with customers	$ 4,714	$ 4,194	$ 5,522	$ 6,407
Additions to right-of-use assets	6,713	11,246
Cash outflow for leases	$ 5,081	5,284
Monthly contribution to pension accounts, percentage	6%
Legal reserve, percentage of profit	10%
Percentage in excess of issued capital permitted for distribution	25%
Minimum [Member]
Details of Significant Accounts [Line Items]
Rental contracts, period	2 years
Percentage of profit distributable as employee compensation	1%
Maximum [Member]
Details of Significant Accounts [Line Items]
Rental contracts, period	5 years
Percentage of profit distributable as employee compensation	15%
Pension Costs [Member]
Details of Significant Accounts [Line Items]
Pension costs under defined contribution plans	$ 1,224	$ 1,025
Ordinary Stock [Member]
Details of Significant Accounts [Line Items]
Authorized capital, value	$ 1,000,000
Number of shares authorized (in Shares)	1,000
Paid-in capital, value	$ 281,510
Par value per share (in New Dollars per share)	$ 10

Details of Significant Accoun_4

Details of Significant Accounts (Details) - Schedule of Cash and Cash Equivalents - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Schedule of Cash and Cash Equivalents [Abstract]
Cash on hand and revolving funds	$ 242	$ 280	$ 242
Checking accounts and demand deposits	20,066	33,307	35,300
Time deposits	129,800	168,878	219,848
Cash and cash equivalents	$ 150,108	$ 202,465	$ 255,390	$ 299,340

Details of Significant Accoun_5

Details of Significant Accounts (Details) - Schedule of Financial Assets at Amortised Cost - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Current items:
Restricted deposit	$ 97,350	$ 92,115	$ 93,420

Details of Significant Accoun_6

Details of Significant Accounts (Details) - Schedule of Amounts Recognised in Profit or Loss in Relation to Financial Assets at Amortised Cost - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Amounts Recognised in Profit or Loss in Relation to Financial Assets at Amortised Cost [Abstract]
Interest income	$ 2,480	$ 1,033

Details of Significant Accoun_7

Details of Significant Accounts (Details) - Schedule of Notes and Accounts Receivable - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Schedule of Notes and Accounts Receivable [Abstract]
Accounts receivable	$ 4,722	$ 5,530	$ 4,203
Less: Allowance for uncollectible accounts	(8)	(8)	(9)	$ (276)
Accounts receivable, net	$ 4,714	$ 5,522	$ 4,194

Details of Significant Accoun_8

Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total	$ 4,722	$ 5,530	$ 4,203
Not past due [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total	3,882	5,055	4,049
Up to 30 days [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total	731	288	140
31 to 90 days [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total	101	179	6
91 to 180 days [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total			8
181 to 270 days [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total
271 to 360 days [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total
Over 361 days [Member]
Details of Significant Accounts (Details) - Schedule of Ageing Analysis of Accounts Receivable and Notes Receivable Past Due but Not Impaired [Line Items]
Accounts Receivable, Total	$ 8	$ 8

Details of Significant Accoun_9

Details of Significant Accounts (Details) - Schedule of Inventories - TWD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Details of Significant Accounts (Details) - Schedule of Inventories [Line Items]
Cost	$ 74,520	$ 76,872	$ 69,373
Allowance for valuation loss	(36,400)	(18,159)	(24,098)
Book value	38,120	58,713	45,275
Raw materials [Member]
Details of Significant Accounts (Details) - Schedule of Inventories [Line Items]
Cost	8,500	9,685	9,119
Allowance for valuation loss	(4,725)	(928)	(1,292)
Book value	3,775	8,757	7,827
Work in progress [Member]
Details of Significant Accounts (Details) - Schedule of Inventories [Line Items]
Cost	19,148	19,714	21,542
Allowance for valuation loss	(11,906)	(4,194)	(5,010)
Book value	7,242	15,520	16,532
Finished goods [Member]
Details of Significant Accounts (Details) - Schedule of Inventories [Line Items]
Cost	46,872	47,473	38,712
Allowance for valuation loss	(19,769)	(13,037)	(17,796)
Book value	$ 27,103	$ 34,436	$ 20,916

Details of Significant Accou_10

Details of Significant Accounts (Details) - Schedule of Cost of Inventories Recognized as Expense - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Cost of Inventories Recognized as Expense [Abstract]
Cost of goods sold	$ 14,090	$ 10,541
Loss on decline in market	12,302	5,067
Unallocated overheads	2,036
Total	$ 28,428	$ 15,608

Details of Significant Accou_11

Details of Significant Accounts (Details) - Schedule of Other Current Assets - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule of Other Current Assets [Abstract]
Payment on behalf of others	$ 46,172	$ 29,122
Others	364	333	268
Other current assets, Total	$ 46,536	$ 29,455	$ 268

Details of Significant Accou_12

Details of Significant Accounts (Details) - Schedule of Property, Plant and Equipment - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Property, Plant and Equipment [Line Items]
Opening balance	$ 99,423	$ 138,503
Additions	8,284	7,250
Reductions	(1,229)
Ending balance	106,478	145,753
Opening balance	(51,427)	(83,627)
Additions	(8,016)	(7,204)
Reductions	1,229
Ending balance	(58,214)	(90,831)
Opening balance, property, plant and equipment	47,996	54,876
Ending balance, property, plant and equipment	48,264	54,922
Machinery [member]
Schedule of Property, Plant and Equipment [Line Items]
Opening balance	91,594	106,944
Additions	3,880	6,748
Reductions	(160)
Ending balance	95,314	113,692
Opening balance	(47,185)	(57,437)
Additions	(7,202)	(5,938)
Reductions	160
Ending balance	(54,227)	(63,375)
Others [member]
Schedule of Property, Plant and Equipment [Line Items]
Opening balance	7,829	31,559
Additions	4,404	502
Reductions	(1,069)
Ending balance	11,164	32,061
Opening balance	(4,242)	(26,190)
Additions	(814)	(1,266)
Reductions	1,069
Ending balance	$ (3,987)	$ (27,456)

Details of Significant Accou_13

Details of Significant Accounts (Details) - Schedule of Other Non-Current Assets - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Non-current assets [abstract]
Prepayments for equipment	$ 5,418	$ 1,222	$ 1,222
Refundable deposit	5,765	5,785	5,785
Others			7
Total	$ 11,183	$ 7,007	$ 7,014

Details of Significant Accou_14

Details of Significant Accounts (Details) - Schedule of Right-of-Use Assets at Carrying Value and Depreciation Charge - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Schedule of Right-of-Use Assets at Carrying Value and Depreciation Charge [Line Items]
Carrying amount	$ 9,024	$ 12,449	$ 7,474
Depreciation charge	5,163	4,976
Buildings [member]
Schedule of Right-of-Use Assets at Carrying Value and Depreciation Charge [Line Items]
Carrying amount	6,822	10,676	6,814
Depreciation charge	4,218	3,862
Transportation equipment (Business vehicles) [member]
Schedule of Right-of-Use Assets at Carrying Value and Depreciation Charge [Line Items]
Carrying amount	2,202	1,773	$ 660
Depreciation charge	$ 945	$ 1,114

Details of Significant Accou_15

Details of Significant Accounts (Details) - Schedule of Information on Profit and Loss Accounts Relating to Lease Contracts - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Information on Profit and Loss Accounts Relating to Lease Contracts [Abstract]
Interest expense on lease liabilities	$ 93	$ 124

Details of Significant Accou_16

Details of Significant Accounts (Details) - Schedule of Short-Term Borrowings - TWD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Bank borrowings
Total (in New Dollars)		$ 90,000
Bank Borrowings [Member]
Bank borrowings
Secured borrowings, Balance (in New Dollars)	$ 90,000	$ 82,000	$ 90,000
Secured borrowings, Interest rate range		1.85%
Secured borrowings, Collateral	Time deposits, Credit Guarantee Fund	Time deposits	Time deposits, Credit Guarantee Fund
Unsecured borrowings, Balance (in New Dollars)		$ 8,000
Unsecured borrowings, Interest rate range		2.43%
Bottom of range [member] | Bank Borrowings [Member]
Bank borrowings
Secured borrowings, Interest rate range	1.94%		1.81%
Top of range [member] | Bank Borrowings [Member]
Bank borrowings
Secured borrowings, Interest rate range	2.55%		2.43%

Details of Significant Accou_17

Details of Significant Accounts (Details) - Schedule of Long-Term Borrowings - TWD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Schedule of Long-Term Borrowings [Line Items]
Non-current portion, Total	$ 47,893	$ 57,490	$ 50,473
Less: Current portion, Total	(10,910)	(19,817)	(13,785)
Long-term bank borrowings, Total	$ 36,983	$ 37,673	$ 36,688
Secured borrowings [Member]
Schedule of Long-Term Borrowings [Line Items]
Borrowing period and repayment term	Borrowing period is from December  5, 2022 to December 5, 2027; interest is repayable monthly.	Borrowing period is from December 5, 2022 to December 5, 2027; interest is repayable monthly.	Borrowing period is from December  5, 2022 to December 5, 2027; interest is repayable monthly.
Interest rate range	2.28%	2.15%	2.15%
Non-current portion, Total	$ 11,060	$ 14,220	$ 12,640
Unsecured borrowings [Member]
Schedule of Long-Term Borrowings [Line Items]
Borrowing period and repayment term	Borrowing period is from August  21, 2020 to October 18, 2028; interest is repayable monthly.	Borrowing period is from August 21, 2020 to June 29, 2026; interest is repayable monthly.	Borrowing period is from August  21, 2020 to October 18, 2028; interest is repayable monthly.
Non-current portion, Total	$ 36,833	$ 43,270	$ 37,833
Bottom of range [member] | Unsecured borrowings [Member]
Schedule of Long-Term Borrowings [Line Items]
Interest rate range	2.13%	2%	1.81%
Top of range [member] | Unsecured borrowings [Member]
Schedule of Long-Term Borrowings [Line Items]
Interest rate range	2.22%	2.20%	2.10%

Details of Significant Accou_18

Details of Significant Accounts (Details) - Schedule of Movements in Number Ordinary Shares Outstanding - shares	Jun. 30, 2024	Jun. 30, 2023
Schedule of Movements in Number Ordinary Shares Outstanding [Abstract]
Number of ordinary shares outstanding	28,151	28,151

Details of Significant Accou_19

Details of Significant Accounts (Details) - Schedule of Capital Surplus - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule of Capital Surplus [Line Items]
Capital surplus, Total	$ 46,365	$ 46,365	$ 46,365
Share premium [Member]
Schedule of Capital Surplus [Line Items]
Capital surplus, Total	32,416		32,416
Employee restricted shares [Member]
Schedule of Capital Surplus [Line Items]
Capital surplus, Total	$ 13,949		$ 13,949

Details of Significant Accou_20

Details of Significant Accounts (Details) - Schedule of Legal Reserves and Dividend Distribution - TWD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Schedule Of Legal Reserves And Dividend Distribution Abstract
Amount, Legal reserve		$ 452
Dividend per share, Cash dividends
Dividend per share, Cash dividends (in New Dollars per share)
Total earnings		$ 452

Details of Significant Accou_21

Details of Significant Accounts (Details) - Schedule of Operating Revenue - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Operating Revenue [Abstract]
Revenue from contracts with customers	$ 16,226	$ 15,262

Details of Significant Accou_22

Details of Significant Accounts (Details) - Schedule of Disaggregation of Revenue from Contracts with Customers - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	$ 16,226	$ 15,262
Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	16,226	15,262
Mainland China [Member] | Optical filter [Member] | Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	4,433	6,796
Mainland China [Member] | Optical filter [Member] | Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	4,433	6,796
Mainland China [Member] | Optical filter module [Member] | Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	4,486	1,575
Mainland China [Member] | Optical filter module [Member] | Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	4,486	1,575
TAIWAN | Optical filter [Member] | Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	241	491
TAIWAN | Optical filter [Member] | Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	241	491
TAIWAN | Others- QLED [Member] | Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	718	746
TAIWAN | Others- QLED [Member] | Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	718	746
GERMANY | Optical filter [Member] | Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	5,620	4,405
GERMANY | Optical filter [Member] | Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	5,620	4,405
Others [Member] | Optical filter [Member] | Revenue from external customer contracts [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	728	1,249
Others [Member] | Optical filter [Member] | Timing of revenue recognition At a point in time [Member]
Schedule of Disaggregation of Revenue from Contracts with Customers [Line Items]
Total revenue	$ 728	$ 1,249

Details of Significant Accou_23

Details of Significant Accounts (Details) - Schedule of Revenue-Related Contract Liabilities - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Jan. 01, 2023
Schedule of Revenue-Related Contract Liabilities [Abstract]
Contract liabilities	$ 177	$ 99

Details of Significant Accou_24

Details of Significant Accounts (Details) - Schedule of Revenue Recognised and Included in Contract Liability - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Revenue Recognised and Included in Contract Liability [Abstract]
Revenue recognised that was included in the contract liability balance at the beginning of the period	$ 99

Details of Significant Accou_25

Details of Significant Accounts (Details) - Schedule of Interest Income - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Interest Income [Abstract]
Interest income from bank deposits	$ 6,210	$ 7,277
Other interest income	23	39
Total	$ 6,233	$ 7,316

Details of Significant Accou_26

Details of Significant Accounts (Details) - Schedule of Other Income - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Other Income [Abstract]
Government grants	$ 326	$ 63
Other income	142	267
Total	$ 468	$ 330

Details of Significant Accou_27

Details of Significant Accounts (Details) - Schedule of Other Gains and Losses - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Other Gains and Losses [Abstract]
Foreign exchange gains	$ 14,389	$ 3,732
Miscellaneous disbursements	(59)	(1)
Other gains and losses, total	$ 14,330	$ 3,731

Details of Significant Accou_28

Details of Significant Accounts (Details) - Schedule of Finance Costs - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Interest expense
Bank borrowings	$ 1,387	$ 1,542
Lease liabilities	93	124
Total	$ 1,480	$ 1,666

Details of Significant Accou_29

Details of Significant Accounts (Details) - Schedule of Expenses by Nature - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Details of Significant Accounts (Details) - Schedule of Expenses by Nature [Line Items]
Operating Cost	$ 18,176	$ 17,548
Operating Expense	25,814	18,102
Total	43,990	35,650
Employee benefit expense [member]
Details of Significant Accounts (Details) - Schedule of Expenses by Nature [Line Items]
Operating Cost	9,183	9,399
Operating Expense	21,628	14,071
Total	30,811	23,470
Depreciation charges on property, plant and equipment [member]
Details of Significant Accounts (Details) - Schedule of Expenses by Nature [Line Items]
Operating Cost	8,993	8,149
Operating Expense	4,186	4,031
Total	$ 13,179	$ 12,180

Details of Significant Accou_30

Details of Significant Accounts (Details) - Schedule of Employee Benefit Expense - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Details of Significant Accounts (Details) - Schedule of Employee Benefit Expense [Line Items]
Operating Cost	$ 9,183	$ 9,399
Operating Expense	21,628	14,071
Total	30,811	23,470
Wages and salaries [member]
Details of Significant Accounts (Details) - Schedule of Employee Benefit Expense [Line Items]
Operating Cost	7,557	7,692
Operating Expense	18,872	10,803
Total	26,429	18,495
Employee stock options [member]
Details of Significant Accounts (Details) - Schedule of Employee Benefit Expense [Line Items]
Operating Cost	829	872
Operating Expense	1,459	1,099
Total	2,288	1,971
Pension costs [member]
Details of Significant Accounts (Details) - Schedule of Employee Benefit Expense [Line Items]
Operating Cost	413	426
Operating Expense	811	599
Total	1,224	1,025
Other personnel expenses [member]
Details of Significant Accounts (Details) - Schedule of Employee Benefit Expense [Line Items]
Operating Cost	384	409
Operating Expense	486	1,570
Total	$ 870	$ 1,979

Details of Significant Accou_31

Details of Significant Accounts (Details) - Schedule of Components of Income Tax Expense - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Current tax:
Current tax on profits for the period
Total current tax
Deferred tax:
Origination and reversal of temporary differences	(114)	(304)
Income tax benefit	$ (114)	$ (304)

Details of Significant Accou_32

Details of Significant Accounts (Details) - Schedule of Losses Per Share - TWD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Basic/Diluted losses per share
Amount after tax, Loss attributable to ordinary shareholders of the parent	$ (35,711)	$ (22,498)
Weighted average number of ordinary shares outstanding, Loss attributable to ordinary shareholders of the parent	28,151,000	28,151,000
Losses per share, Loss attributable to ordinary shareholders of the parent	$ (1.27)	$ (0.8)

Details of Significant Accou_33

Details of Significant Accounts (Details) - Schedule of Investing Activities with Partial Cash Payments - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Investing Activities with Partial Cash Payments [Abstract]
Purchase of property, plant and equipment	$ 8,284	$ 7,250
Add: Opening balance of payable on equipment	267	535
Add: Opening balance of prepayment for equipment	5,418	1,222
Less: Ending balance of payable on	(446)	(13)
Less: Ending balance of prepayment on equipment	(1,222)	(1,890)
Cash paid during the period	$ 12,301	$ 7,104

Details of Significant Accou_34

Details of Significant Accounts (Details) - Schedule of Changes in Liabilities from Financing Activities - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Changes in Liabilities from Financing Activities [Line Items]
Balance	$ 147,476	$ 183,010
Changes in cash flow from financing activities	(7,568)	(34,807)
Changes in other non-cash items	6,806	11,370
Balance	146,714	159,573
Short-Term Borrowings [Member]
Schedule of Changes in Liabilities from Financing Activities [Line Items]
Balance	90,000	108,370
Changes in cash flow from financing activities		(18,370)
Changes in other non-cash items
Balance	90,000	90,000
Lease Liability [Member]
Schedule of Changes in Liabilities from Financing Activities [Line Items]
Balance	7,003	5,873
Changes in cash flow from financing activities	(4,988)	(5,160)
Changes in other non-cash items	6,806	11,370
Balance	8,821	12,083
Long-Term Borrowings (Including those Matured Within One Year) [Member]
Schedule of Changes in Liabilities from Financing Activities [Line Items]
Balance	50,473	68,767
Changes in cash flow from financing activities	(2,580)	(11,277)
Changes in other non-cash items
Balance	$ 47,893	$ 57,490

Related Party Transactions (Det

Related Party Transactions (Details) - Schedule of Payment on Behalf of Others - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule of Payment on Behalf of Others [Abstract]
Payment on behalf of others (Recorded as Other current assets) SELX	$ 46,172	$ 29,122

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of Payables to Related Parties - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule of Payables to Related Parties [Abstract]
Other payables SELX	$ 2,487

Related Party Transactions (D_3

Related Party Transactions (Details) - Schedule of Key Management Compensation - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Key Management Compensation [Abstract]
Salaries and other short-term employee benefits	$ 6,842	$ 6,841

Pledged Assets (Details) - Sche

Pledged Assets (Details) - Schedule of Pledged Assets - TWD ($)	Jun. 30, 2024	Jun. 30, 2023
Schedule of Pledged Assets [Line Items]
Financial assets at amortised cost	$ 92,115,000
Property, plant, and equipment	23,739,000
Total pledge assets	115,854,000
Book Value 2024 [Member]
Schedule of Pledged Assets [Line Items]
Financial assets at amortised cost	97,350,000
Property, plant, and equipment	23,754,000
Total pledge assets	$ 121,104,000
Book Value 2023 [Member]
Schedule of Pledged Assets [Line Items]
Financial assets at amortised cost		$ 82,000,000
Property, plant, and equipment		25,393,000
Total pledge assets		$ 107,393,000

Significant Contingent Liabil_3

Significant Contingent Liabilities and Unrecognised Contract Commitments (Details) - Schedule of Capital Expenditure Contracted for at the Balance Sheet - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule of Capital Expenditure Contracted for at the Balance Sheet [Abstract]
Property, plant and equipment	$ 9,750

Significant Events After the _2

Significant Events After the Balance Sheet Date (Details) - Subsequent Events [Member] - TWD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Aug. 16, 2024	Jul. 29, 2024
Significant Events After the Balance Sheet Date [Line Items]
Issuance of shares (in Shares)		15,000
Issue price, per share (in New Dollars per share)		$ 20
Total amount		$ 300,000
Investment amount	$ 40,564
Ownership percentage	36.04%

Others (Details)

Others (Details) - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Others (Details) [Line Items]
Gain on foreign exchange	$ 14,389	$ 3,732
Profit net of tax	$ 1,387	1,542
Floating Interest Rate [Member]
Others (Details) [Line Items]
Borrowing interest rate	1%
Profit net of tax	$ 552	$ 590

Others (Details) - Schedule of

Others (Details) - Schedule of Gearing Ratio - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Schedule of Gearing Ratio [Abstract]
Total borrowings	$ 165,481	$ 160,517	$ 171,593
Total asset	$ 418,068	$ 448,815	$ 494,993
Gearing ratio	39.58%	35.76%	34.67%

Others (Details) - Schedule o_2

Others (Details) - Schedule of Financial Instruments - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Financial assets at amortised cost
Cash and cash equivalents	$ 150,108	$ 202,465	$ 255,390
Financial assets at amortised	97,350	92,115	93,420
Accounts receivable	4,714	5,522	4,194
Other receivables	18	18	23
Guarantee deposits paid	5,765	5,785	5,785
Total financial assets	257,955	305,905	358,812
Financial liabilities at amortised
Short-term borrowings	90,000	90,000	90,000
Accounts payable	346	29	428
Other accounts payable	11,561	11,069	8,667
Other payables to related parties	2,487
Long-term borrowings (including current portion)	47,893	50,473	57,490
Total financial liabilities	152,287	151,571	156,585
Current lease liabilities	5,562	7,003	8,875
Non-current lease liabilities	3,259		3,208
Total lease liabilities	$ 8,821	$ 7,003	$ 12,083

Others (Details) - Schedule o_3

Others (Details) - Schedule of Foreign Exchange Rate $ in Thousands	Jun. 30, 2024 TWD ($)	Dec. 31, 2023 TWD ($)	Jun. 30, 2023 TWD ($)
Financial assets Monetary items
Foreign currency amount assets	$ 8,882	$ 9,148	$ 10,851
Exchange rate assets	32.45	30.71	31.14
Book value (NTD) assets	$ 288,221	$ 280,935	$ 337,900
Degree of variation assets	1%	1%	1%
Effect on profit or loss assets	$ 2,882	$ 2,809	$ 3,379
Effect on other comprehensive income assets
Financial liabilities Monetary items
Foreign currency amount liabilities	$ 78
Exchange rate liabilities	32.45
Book value (NTD) liabilities	$ 2,531
Degree of variation liabilities	1%
Effect on profit or loss liabilities	$ 25
Effect on other comprehensive income liabilities

Others (Details) - Schedule o_4

Others (Details) - Schedule of Provision Matrix - TWD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Others (Details) - Schedule of Provision Matrix [Line Items]
Total book value	$ 4,722	$ 4,203	$ 5,530
Loss allowance	$ 8	$ 9	$ 8
Not past due [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	0%	0.02%	0%
Total book value	$ 3,882	$ 4,049	$ 5,055
Loss allowance		$ 1
Up to 30 days past due [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	0%	0.15%	0%
Total book value	$ 731	$ 140	$ 288
Loss allowance
31~90 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	0%
Total book value	$ 101
Loss allowance
91~180 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	0%		0%
Total book value
Loss allowance
181~270 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	0%		0%
Total book value
Loss allowance
270~360 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	0%		0%
Total book value
Loss allowance
More than 360 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate	100%		100%
Total book value	$ 8		$ 8
Loss allowance	$ 8		$ 8
31~90 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate		2.62%	0%
Total book value		$ 6	$ 179
Loss allowance
More than 90 days [Member]
Others (Details) - Schedule of Provision Matrix [Line Items]
Expected loss rate		100%
Total book value		$ 8
Loss allowance		$ 8

Others (Details) - Schedule o_5

Others (Details) - Schedule of Accounts Receivable - TWD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Schedule of Accounts Receivable [Abstract]
Balance as beginning	$ 8	$ 276
Reversal of impairment loss		(267)
Balance as ending	$ 8	$ 9

Others (Details) - Schedule o_6

Others (Details) - Schedule of Undrawn Borrowing Facilities - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Fixed rate:
Expiring beyond one year	$ 13,040	$ 13,040	$ 13,040

Others (Details) - Schedule o_7

Others (Details) - Schedule of Maturity of Non-Derivative Financial Liabilities - TWD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Non-derivative financial liabilities
Short-term borrowings	$ 91,791	$ 91,679	$ 90,629
Accounts payable	346	29	428
Other payables	11,561	11,069	8,667
Other payables to related parties	2,487
Lease liability	9,202	8,007	12,219
Long-term borrowings (including current portion)	48,912	51,526	58,047
Less than 1 year [Member]
Non-derivative financial liabilities
Short-term borrowings	91,791	91,679	90,629
Accounts payable	346	29	428
Other payables	11,561	11,069	8,667
Other payables to related parties	2,487
Lease liability	5,763	8,007	8,999
Long-term borrowings (including current portion)	11,109	14,074	19,925
Between 1 and 2 years [Member]
Non-derivative financial liabilities
Short-term borrowings
Accounts payable
Other payables
Other payables to related parties
Lease liability	1,684		3,220
Long-term borrowings (including current portion)	12,383	13,385	19,472
Over 2 years [Member]
Non-derivative financial liabilities
Short-term borrowings
Accounts payable
Other payables
Other payables to related parties
Lease liability	1,755
Long-term borrowings (including current portion)	$ 25,420	$ 24,067	$ 18,650