Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of profit (loss) before the provision for income taxes

	Year Ended December 31,
	2022			2023			2024
	(in thousands)
Israel	$	(170,138	)	$	(120,835	)	$	(74,754	)
Foreign		(31,279	)		(10,961	)		(4,639	)
Total	$	(201,417	)	$	(131,797	)	$	(79,393	)

Schedule of provision for income taxes

	Year Ended December 31,
	2022			2023			2024
	(in thousands)
Current:
Israel	$	-		$	-		$	23
Foreign		1,512			2,059			2,638
Total current income tax expense	$	1,512		$	2,059		$	2,661
Deferred:
Israel	$	-		$	-		$	-
Foreign		(7,524	)		(51	)		(6,506	)
Total deferred income tax benefit		(7,524	)		(51	)		(6,506	)
Total provision for income taxes	$	(6,012	)	$	2,008		$	(3,845	)

Schedule of effective income tax rate reconciliation

	Year Ended December 31,
	2022			2023			2024
	(in thousands)
Theoretical income tax expense (benefit)	$	(46,326	)	$	(30,313	)	$	(18,260	)
Change in valuation allowance		43,134			28,471			15,043
Return to provision true ups		395			884			143
Foreign tax rate differentials		311			352			753
Shared Based Compensations non-deductible (taxable)		(929	)		2,402			(1,159	)
Non-deductible expenses		820			512			298
Tax rate change impact		(1,883	)		(139	)		124
Foreign exchange impact		874			(430	)		(511	)
State Taxes		(316	)		170			(299	)
Valuation allowance on acquisition balances		(3,482	)		-			-
R&D credits		-			(208	)		(1,427	)
Other		1,390			307			1,450
Total	$	(6,012	)	$	2,008		$	(3,845	)

Schedule of deferred tax assets and liabilities

	December 31,
	2023			2024
	(in thousands)
Deferred tax assets:
Net operating loss carryforwards *)	$	88,395		$	93,943
Research and development expenses		21,056			26,545
Leasing liabilities		5,350			5,615
Accruals and reserves		460			683
Share-based compensation		8,902			12,505
R&D tax credits		351			2,843
Bad debt		149			244
Capital losses		-			129
Gross deferred tax assets		124,663			142,507
Valuation allowance		(107,682	)		(122,725	)
Total deferred tax assets		16,981			19,782
Deferred tax liabilities:
Deferred contract acquisition costs		570			818
Leasing assets		4,944			4,946
Property and equipment		171			194
Intangibles		17,790			13,824
Other		13			-
Gross deferred tax liabilities		23,488			19,782
Deferred taxes assets (liabilities), net	$	(6,507	)	$	-

*) Refer to note 11g.

Schedule of unrecognized tax benefits

	December 31,
	2023			2024
	(in thousands)
Beginning balance	$	53,670		$	-
Increases related to tax positions taken during the current year		-			-
Decrease related to tax positions taken during the current year		(53,670	)		-
Ending balance	$	-		$	-