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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 311,356,000 $ 660,939,000
Restricted cash 5,520,000 0
Short-term deposits 385,280,000 106,844,000
Restricted deposits 222,000 773,000
Marketable securities 483,859,000 338,593,000
Trade receivables 41,525,000 44,674,000
Prepaid expenses and other current assets 96,252,000 128,577,000
Total current assets 1,324,014,000 1,280,400,000
LONG-TERM ASSETS:    
Prepaid expenses and other long-term assets 33,847,000 27,021,000
Property, Plant and Equipment, Net 114,419,000 128,155,000
Equity Method Investments 4,851,000 0
Marketable securities 474,198,000 6,135,000
Long-term assets 94,549,000 0
Intangible assets, net 31,810,000 22,141,000
Goodwill 135,021,000 49,329,000
Operating Lease, Right-of-Use Asset 398,265,000 399,861,000
Total long-term assets 1,286,960,000 632,642,000
TOTAL ASSETS 2,610,974,000 1,913,042,000
CURRENT LIABILITIES:    
Trade payables 74,811,000 47,077,000
Employees and payroll accruals 110,526,000 143,131,000
Deferred revenues 737,346,000 661,171,000
Current portion of convertible notes, net 0 572,880,000
Accrued expenses and other current liabilities 146,716,000 63,246,000
Operating lease liabilities 43,262,000 27,907,000
Total current liabilities 1,112,661,000 1,515,412,000
LONG-TERM LIABILITIES:    
Convertible Notes Payable, Noncurrent 1,125,769,000 0
Deferred revenues 116,991,000 89,271,000
Long-term liabilities 3,923,000 1,965,000
Other long-term liabilities 200,054,000 16,021,000
Operating lease liabilities 417,578,000 369,159,000
Total long-term liabilities 1,864,315,000 476,416,000
Total liabilities 2,976,976,000 1,991,828,000
Commitments and contingencies 0 0
SHAREHOLDERS' DEFICIENCY:    
Ordinary shares of NIS 0.01 par value - Authorized: 500,000,000 shares at December 31, 2025 and 2024; Issued 67,143,958 and 64,718,465 shares at December 31, 2025 and 2024, respectively; Outstanding: 54,989,523 and 56,107,932 shares at December 31, 2025 and 2024, respectively 104,000 107,000
Additional paid-in capital 2,067,407,000 1,840,574,000
Treasury shares at cost, 12,154,435 ordinary shares as of December 31, 2025 and 8,610,533 as of December 31, 2024 (1,600,156,000) (1,025,167,000)
Accumulated other comprehensive income 17,539,000 7,242,000
Accumulated deficit (850,896,000) (901,542,000)
Total shareholders' deficiency (366,002,000) (78,786,000)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIENCY $ 2,610,974,000 $ 1,913,042,000
Common stock, par or stated value per share (in USD per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Treasury Stock, Common, Shares 12,154,435 8,610,533
Entity Common Stock, Shares Outstanding 54,989,523  
Common stock, shares outstanding (in shares)   56,107,932
Common stock, shares issued (in shares) 67,143,958 64,718,465