INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of income (loss) before taxes

	Year ended December 31,
	2024		2023		2022
Domestic	$	5,873	$	127,535	$	106,332
Foreign		9,609		7,706		5,586
Total	$	15,482	$	135,241	$	111,918

Schedule of income taxes

	Year ended December 31,
	2024			2023			2022
Current taxes	$	5,905		$	21,623		$	16,758
Deferred tax benefit		(2,151	)		(734	)		(1,525	)
Taxes in respect of previous years		(886	)		(611	)		(794	)
Total	$	2,868		$	20,278		$	14,439

Schedule of income taxes by jurisdiction

	Year ended December 31,
	2024			2023			2022
Domestic	$	1,058		$	19,466		$	14,378
Foreign		1,810			812			61
Total	$	2,868		$	20,278		$	14,439
Domestic:
Current taxes	$	4,205		$	21,106		$	15,938
Deferred tax benefit		(2,394	)		(1,594	)		(860	)
Taxes in respect of previous years		(753	)		(46	)		(700	)
Total - Domestic	$	1,058		$	19,466		$	14,378
Foreign:
Current taxes	$	1,700		$	517		$	820
Deferred tax expense (benefit)		243			860			(665	)
Taxes in respect of previous years		(133	)		(565	)		(94	)
Total - Foreign	$	1,810		$	812		$	61
Total income tax expense	$	2,868		$	20,278		$	14,439

Schedule of deferred tax assets (liabilities)

	December 31,
	2024			2023
Deferred tax assets:
Net operating loss and other losses carry forwards	$	10,029		$	6,077
Research and development		3,504			3,345
Share-based compensation		3,061			2,125
Lease liabilities		3,273			1,514
Other temporary differences mainly relating to reserve and allowances		1,047			1,142
Deferred tax assets, before valuation allowance	$	20,914		$	14,203
Valuation allowance	$	(3,676	)		(2,119	)
Deferred tax liability:
Right of use assets	$	(2,835	)	$	(1,261	)
Intangible assets		(5,886	)		(6,643	)
Deferred tax liability, before valuation allowance	$	(8,721	)	$	(7,904	)
Total deferred tax assets, net	$	8,517		$	4,180
Domestic:
Long term deferred tax asset, net	$	3,122		$	722
	$	3,122		$	722
Foreign:
Long term deferred tax asset, net	$	5,395		$	3,458
	$	5,395		$	3,458
Total deferred tax asset, net	$	8,517		$	4,180

Schedule of the reconciliation of the effective tax rate

	Year ended December 31,
	2024			2023			2022
Income before taxes on income	$	15,482		$	135,241		$	111,918
Statutory tax rate in Israel		23.0	%		23.0	%		23.0	%
Theoretical tax expense	$	3,561		$	31,105		$	25,741
Increase (decrease) in tax expenses resulting from:
"Preferred Enterprise" benefits *		(2,415	)		(15,753	)		(11,255	)
Non-deductible expenses		1,395			928			(2,306	)
Tax adjustment in respect of different tax rate of foreign subsidiaries		741			407			313
Deferred taxes related to prior years		27			667			(55	)
Previous years taxes		1,291			42			(136	)
Change in valuation allowance		(319	)		(340	)		(185	)
Change in unrecognized tax benefits		(1,422	)		3,319			2,480
Other		9			(97	)		(158	)
Taxes on income	$	2,868		$	20,278		$	14,439
* Benefit per ordinary share from "Preferred Enterprise" status:
Basic	$	0.05		$	0.33		$	0.25
Diluted	$	0.05		$	0.31		$	0.23

Schedule of unrecognized tax benefits

	December 31,
	2024			2023
Balance at the beginning of the year	$	12,722		$	9,400
Decrease related to prior year tax positions, net		(3,652	)		(755	)
Increase related to current year tax positions, net		725			4,077
Balance at the end of the year	$	9,795		$	12,722