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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE DISCLOSURE
As required by Item 402(v) of Regulation S-K, we are providing the following information about the relationship between the executive compensation actually paid to our NEOs and certain aspects of our financial performance. For further information concerning our pay for performance philosophy and how we align executive compensation with our performance, please refer to the “Compensation Discussion and Analysis.”
Pay Versus Performance Table
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Value of Initial Fixed $100
Investment Based On:
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Year*
​ ​ ​ Summary
Compensation
Table Total
for PEO 1(1) 		​ ​ ​ Summary
Compensation
Table Total
for PEO 2(1) 		​ ​ ​ Compensation
Actually Paid
to PEO 1(2) 		​ ​ ​ Compensation
Actually Paid
to PEO 2(2) 		​ ​ ​ Average
Summary
Compensation
Table Total
for Non-PEO
Named
Executive
Officers(3) 		​ ​ ​ Average
Compensation
Actually Paid
to Non-PEO
Named
Executive
Officers(4) 		​ ​ ​ Total
Shareholder
Return(5) 		​ ​ ​ Peer Group
Total
Shareholder
Return(6) 		​ ​ ​ Net Income
(Loss)
(K)(7) 		​ ​ ​ Company-
Selected
Measure-
Revenue
(K)(8) 		​
​
(a)
​ ​ ​
(b)
​ ​ ​
(b)
​ ​ ​
(c)
​ ​ ​
(c)
​ ​ ​
(d)
​ ​ ​
(e)
​ ​ ​
(f)
​ ​ ​
(g)
​ ​ ​
(h)
​ ​ ​
(i)
​
​ 2024 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ $ 9,827,830 ​ ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ $ 38,451,586 ​ ​ ​ ​ ​ $ 2,625,068 ​ ​ ​ ​ ​ $ 8,553,964 ​ ​ ​ ​ ​ $ 94.72 ​ ​ ​ ​ ​ $ 100.17 ​ ​ ​ ​ ​ $ 121,163 ​ ​ ​ ​ ​ $ 977,716 ​ ​
​ 2023 ​ ​ ​ ​ $ 964,100 ​ ​ ​ ​ ​ $ 950,900 ​ ​ ​ ​ ​ $ 825,030 ​ ​ ​ ​ ​ $ (1,592,111) ​ ​ ​ ​ ​ $ 4,417,262 ​ ​ ​ ​ ​ $ 4,012,762 ​ ​ ​ ​ ​ $ 49.15 ​ ​ ​ ​ ​ $ 100.99 ​ ​ ​ ​ ​ $ 93,333 ​ ​ ​ ​ ​ $ 831,103 ​ ​
​ 2022 ​ ​ ​ ​ $ 3,060,700 ​ ​ ​ ​ ​ $ 15,124,420 ​ ​ ​ ​ ​ $ 426,088 ​ ​ ​ ​ ​ $ 23,416,502 ​ ​ ​ ​ ​ $ 6,686,879 ​ ​ ​ ​ ​ $ 4,515,392 ​ ​ ​ ​ ​ $ 51.60 ​ ​ ​ ​ ​ $ 83.15 ​ ​ ​ ​ ​ $ (11,970) ​ ​ ​ ​ ​ $ 627,623 ​ ​
​ 2021 ​ ​ ​ ​ $ 5,159,210 ​ ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ $ 25,804,030 ​ ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ ​ $ 7,116,937 ​ ​ ​ ​ ​ $ 5,330,229 ​ ​ ​ ​ ​ $ 69.34 ​ ​ ​ ​ ​ $ 107.40 ​ ​ ​ ​ ​ $ (33,987) ​ ​ ​ ​ ​ $ 473,403 ​ ​
* The Company became a publicly listed company on June 28, 2021, and therefore the covered fiscal years reflected in this section are 2021, 2022, 2023 and 2024. For clarification, John Caplan became our sole CEO on March 1, 2023 after joining the Company as Co-CEO on May 25, 2022, and therefore the principal executive officer (“PEO”) information related to Mr. Caplan is reflected in 2022, 2023 and 2024 only. Scott Galit was Co-CEO during January and February 2023 and therefore the PEO information for such period reflects his compensation as well. Amounts in this table were adjusted to reflect the estimated cost of life insurance premiums for U.S. based executives and severance accruals under the Israeli severance fund for Israel based executives, for years other than 2024, in the applicable year.
(1) The dollar amounts reported in column (b) represent the amount of total compensation reported for each of Messrs. Galit (PEO 1) and Caplan (PEO 2) for each applicable covered fiscal year in the “Total” column of the Summary Compensation Table. During 2024, Mr. Galit (PEO 1) was no longer deemed as a PEO and therefore the tables in the Pay versus Performance disclosure covering the year 2024 exclude any amounts paid to Mr. Galit.
(2) The dollar amounts reported in column (c) represent the amount of “executive compensation actually paid” to each of Messrs. Galit and Caplan in the applicable years, as computed in accordance with Item 402(v) of Regulation S-K for each covered fiscal year. For clarification, Mr. Caplan joined the Company on May 25, 2022. Further, during 2024, Mr. Galit (PEO 1) was no longer deemed as a PEO and therefore the tables in the Pay versus Performance Disclosure covering the year 2024 exclude any amounts paid to Mr. Galit. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Galit and Caplan during the applicable fiscal year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Caplan’s total compensation for 2024 to determine the executive compensation actually paid.
​
Year
​ ​ ​ Reported
Summary
Compensation
Table Total
for PEO 		​ ​ ​ Reported
Value of
Equity Awards(a) 		​ ​ ​ Equity
Award
Adjustments(b) 		​ ​ ​ Pension
Additions to
SCT Total 		​ ​ ​ Compensation
Actually Paid
to PEO 		​
​ 2024 ​ ​ ​ ​ $ 9,827,830 ​ ​ ​ ​ ​ $ 8,673,500 ​ ​ ​ ​ ​ $ 37,297,256 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 38,451,586 ​ ​
(a) The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for each covered fiscal year.
(b) The equity award adjustments for each covered fiscal year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the covered fiscal year that are outstanding and unvested as of the end of the covered fiscal year; (ii) the amount equal to the change as of the end of the covered fiscal year (from the end of the prior fiscal year) in fair value of any equity awards granted in prior fiscal years that are outstanding and unvested as of the end of the covered fiscal year; (iii) for equity awards that are granted and vest in same covered fiscal year, the fair value as of the vesting date; (iv) for equity awards granted in prior fiscal years that vest in
the covered fiscal year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; and (v) for equity awards granted in prior fiscal years that are determined to fail to meet the applicable vesting conditions during the covered fiscal year, a deduction for the amount equal to the fair value at the end of the prior fiscal year. The valuation assumptions used to calculate the fair values of performance-based equity awards that vested during or were outstanding as of the end of each covered fiscal year, as applicable, were based on a Monte Carlo simulation model. The valuation assumptions used to calculate the fair values of the RSU awards and PSU awards held by Mr. Caplan that were earned and/or vested during or were outstanding as of the end of each covered fiscal year, as applicable, (including the probable outcome of any such awards subject to performance conditions) changed from those disclosed at the time of grant due to the change in the Company’s share price. The amounts deducted or added in calculating the equity award adjustments are as follows:
​
Year
​ ​ ​ Year End
Fair Value
of Equity
Awards for
PEO 		​ ​ ​ Year over Year
Change in
Fair Value of
Outstanding
and Unvested
Equity Awards 		​ ​ ​ Fair Value as
of Vesting
Date of
Equity Awards
Granted
and Vested
in Year 		​ ​ ​ Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Years
that Vested
in Year 		​ ​ ​ Fair Value
at End of
Prior Year
of Equity
Awards
that Failed
to Meet
Vesting
Conditions
in Year 		​ ​ ​ Value of
Dividends
or other
Earnings Paid
on Stock or
Option Awards
not Otherwise
Reflected
in Fair Value
or Total
Compensation 		​ ​ ​ Total
Equity
Award
Adjustments
for PEO 		​
​ 2024 ​ ​ ​ ​ $ 17,266,477 ​ ​ ​ ​ ​ $ 15,518,785 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 4,511,994 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 37,297,256 ​ ​
(3) The dollar amounts reported in column (d) represent the average of the amounts of total compensation reported for our NEOs as a group (excluding Messrs. Galit and Caplan, as applicable) for each covered fiscal year in the “Total” column of the Summary Compensation Table for each such fiscal year. The names of each NEO (excluding Messrs. Galit and Caplan, as applicable) included for purposes of calculating the average amounts of total compensation in each covered fiscal year are as follows: (i) for 2024, Bea Ordonez, our Chief Financial Officer, Tsafi Goldman, our Chief Legal & Regulatory Officer, and Arnon Kraft, our former Chief Operating Officer; (ii) for 2023, Michael Levine, our former Chief Financial Officer, Bea Ordonez, our Chief Financial Officer, Arnon Kraft, our former Chief Operating Officer, Tsafi Goldman, our Chief Legal & Regulatory Officer, and Keren Levy, our former President; (iii) for 2022, Michael Levine, our former Chief Financial Officer, Arnon Kraft, our former Chief Operating Officer, Assaf Ronen, our former Chief Platform Officer, and Tsafi Goldman, our Chief Legal & Regulatory Officer; (iv) for 2021, Arnon Kraft, our former Chief Operating Officer, and Robert Clarkson, our former Chief Revenue Officer.
(4) The dollar amounts reported in column (e) represent the average amount of “executive compensation actually paid” to our NEOs as a group (excluding Messrs. Galit and Caplan, as applicable), as computed in accordance with Item 402(v) of Regulation S-K for each covered fiscal year. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to our NEOs as a group (excluding Messrs. Galit and Caplan, as applicable) during the applicable fiscal year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the average total compensation for each fiscal year to determine the executive compensation actually paid, using the same methodology described above in Note 2(b).
​
Year
​ ​ ​ Average Reported
Summary
Compensation
Table Total for
Non-PEO Named
Executive Officers 		​ ​ ​ Average Reported
Value of
Equity Awards 		​ ​ ​ Equity Award
Adjustments(a) 		​ ​ ​ Pension Additions
to SCT Total 		​ ​ ​ Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers 		​
​ 2024 ​ ​ ​ ​ $ 2,625,068 ​ ​ ​ ​ ​ $ 1,816,750 ​ ​ ​ ​ ​ $ 7,745,645 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 8,553,964 ​ ​
(a) The amounts deducted or added in calculating the total average equity award adjustments are as follows:
​
Year
​ ​ ​ Average
Year End
Fair Value
of Equity
Awards 		​ ​ ​ Year over Year
Average
Change in
Fair Value of
Outstanding
and Unvested
Equity Awards 		​ ​ ​ Average
Fair Value
as of
Vesting Date
of Equity
Awards
Granted
and Vested
in Year 		​ ​ ​ Year over Year
Average
Change in
Fair Value of
Equity Awards
Granted in
Prior Years
that Vested
in the Year 		​ ​ ​ Average
Fair Value at
the End of
the Prior Year
of Equity
Awards that
Failed to
Meet Vesting
Conditions
in the Year 		​ ​ ​ Average Value
of Dividends
or other
Earnings Paid
on Stock or
Option Awards
not Otherwise
Reflected
in Fair Value 		​ ​ ​ Total Average
Equity Award
Adjustments 		​
​ 2024 ​ ​ ​ ​ $ 3,597,667 ​ ​ ​ ​ ​ $ 3,320,349 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 827,630 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 7,745,645 ​ ​
(5) Cumulative TSR is calculated by dividing our share price at the end and the beginning of the measurement period by our share price at the beginning of the measurement period and assumes $100 were invested for the period. The Company became a publicly listed company on June 28, 2021, and therefore the beginning of the measurement period reflects such date.
(6) Represents the cumulative peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: the S&P 600 Information Technology Index.
(7) The dollar amounts reported represent the amount of net income (loss) reflected in our audited financial statements for each covered fiscal year.
(8) U.S. dollars in thousands. While we use additional performance measures for the purpose of evaluating performance for our executive compensation, we have determined that revenue is the financial performance measure that, in our assessment, represents the most important performance measure used by us to link compensation actually paid to our NEOs, for the most recently completed fiscal year, to our performance. Accordingly, the dollar amounts reported represent the amount of revenue reflected in our audited financial statements for each covered fiscal year.
     
Company Selected Measure Name Revenue      
Named Executive Officers, Footnote (1) The dollar amounts reported in column (b) represent the amount of total compensation reported for each of Messrs. Galit (PEO 1) and Caplan (PEO 2) for each applicable covered fiscal year in the “Total” column of the Summary Compensation Table.
(3) The dollar amounts reported in column (d) represent the average of the amounts of total compensation reported for our NEOs as a group (excluding Messrs. Galit and Caplan, as applicable) for each covered fiscal year in the “Total” column of the Summary Compensation Table for each such fiscal year. The names of each NEO (excluding Messrs. Galit and Caplan, as applicable) included for purposes of calculating the average amounts of total compensation in each covered fiscal year are as follows: (i) for 2024, Bea Ordonez, our Chief Financial Officer, Tsafi Goldman, our Chief Legal & Regulatory Officer, and Arnon Kraft, our former Chief Operating Officer; (ii) for 2023, Michael Levine, our former Chief Financial Officer, Bea Ordonez, our Chief Financial Officer, Arnon Kraft, our former Chief Operating Officer, Tsafi Goldman, our Chief Legal & Regulatory Officer, and Keren Levy, our former President; (iii) for 2022, Michael Levine, our former Chief Financial Officer, Arnon Kraft, our former Chief Operating Officer, Assaf Ronen, our former Chief Platform Officer, and Tsafi Goldman, our Chief Legal & Regulatory Officer; (iv) for 2021, Arnon Kraft, our former Chief Operating Officer, and Robert Clarkson, our former Chief Revenue Officer.
     
Peer Group Issuers, Footnote
(6) Represents the cumulative peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: the S&P 600 Information Technology Index.
     
PEO Total Compensation Amount $ 9,827,830      
PEO Actually Paid Compensation Amount $ 38,451,586      
Adjustment To PEO Compensation, Footnote
(2) The dollar amounts reported in column (c) represent the amount of “executive compensation actually paid” to each of Messrs. Galit and Caplan in the applicable years, as computed in accordance with Item 402(v) of Regulation S-K for each covered fiscal year. For clarification, Mr. Caplan joined the Company on May 25, 2022. Further, during 2024, Mr. Galit (PEO 1) was no longer deemed as a PEO and therefore the tables in the Pay versus Performance Disclosure covering the year 2024 exclude any amounts paid to Mr. Galit. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Galit and Caplan during the applicable fiscal year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Caplan’s total compensation for 2024 to determine the executive compensation actually paid.
​
Year
​ ​ ​ Reported
Summary
Compensation
Table Total
for PEO 		​ ​ ​ Reported
Value of
Equity Awards(a) 		​ ​ ​ Equity
Award
Adjustments(b) 		​ ​ ​ Pension
Additions to
SCT Total 		​ ​ ​ Compensation
Actually Paid
to PEO 		​
​ 2024 ​ ​ ​ ​ $ 9,827,830 ​ ​ ​ ​ ​ $ 8,673,500 ​ ​ ​ ​ ​ $ 37,297,256 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 38,451,586 ​ ​
(a) The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for each covered fiscal year.
(b) The equity award adjustments for each covered fiscal year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the covered fiscal year that are outstanding and unvested as of the end of the covered fiscal year; (ii) the amount equal to the change as of the end of the covered fiscal year (from the end of the prior fiscal year) in fair value of any equity awards granted in prior fiscal years that are outstanding and unvested as of the end of the covered fiscal year; (iii) for equity awards that are granted and vest in same covered fiscal year, the fair value as of the vesting date; (iv) for equity awards granted in prior fiscal years that vest in
the covered fiscal year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; and (v) for equity awards granted in prior fiscal years that are determined to fail to meet the applicable vesting conditions during the covered fiscal year, a deduction for the amount equal to the fair value at the end of the prior fiscal year. The valuation assumptions used to calculate the fair values of performance-based equity awards that vested during or were outstanding as of the end of each covered fiscal year, as applicable, were based on a Monte Carlo simulation model. The valuation assumptions used to calculate the fair values of the RSU awards and PSU awards held by Mr. Caplan that were earned and/or vested during or were outstanding as of the end of each covered fiscal year, as applicable, (including the probable outcome of any such awards subject to performance conditions) changed from those disclosed at the time of grant due to the change in the Company’s share price. The amounts deducted or added in calculating the equity award adjustments are as follows:
​
Year
​ ​ ​ Year End
Fair Value
of Equity
Awards for
PEO 		​ ​ ​ Year over Year
Change in
Fair Value of
Outstanding
and Unvested
Equity Awards 		​ ​ ​ Fair Value as
of Vesting
Date of
Equity Awards
Granted
and Vested
in Year 		​ ​ ​ Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Years
that Vested
in Year 		​ ​ ​ Fair Value
at End of
Prior Year
of Equity
Awards
that Failed
to Meet
Vesting
Conditions
in Year 		​ ​ ​ Value of
Dividends
or other
Earnings Paid
on Stock or
Option Awards
not Otherwise
Reflected
in Fair Value
or Total
Compensation 		​ ​ ​ Total
Equity
Award
Adjustments
for PEO 		​
​ 2024 ​ ​ ​ ​ $ 17,266,477 ​ ​ ​ ​ ​ $ 15,518,785 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 4,511,994 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 37,297,256 ​ ​
     
Non-PEO NEO Average Total Compensation Amount $ 2,625,068 $ 4,417,262 $ 6,686,879 $ 7,116,937
Non-PEO NEO Average Compensation Actually Paid Amount $ 8,553,964 4,012,762 4,515,392 5,330,229
Adjustment to Non-PEO NEO Compensation Footnote
(4) The dollar amounts reported in column (e) represent the average amount of “executive compensation actually paid” to our NEOs as a group (excluding Messrs. Galit and Caplan, as applicable), as computed in accordance with Item 402(v) of Regulation S-K for each covered fiscal year. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to our NEOs as a group (excluding Messrs. Galit and Caplan, as applicable) during the applicable fiscal year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the average total compensation for each fiscal year to determine the executive compensation actually paid, using the same methodology described above in Note 2(b).
​
Year
​ ​ ​ Average Reported
Summary
Compensation
Table Total for
Non-PEO Named
Executive Officers 		​ ​ ​ Average Reported
Value of
Equity Awards 		​ ​ ​ Equity Award
Adjustments(a) 		​ ​ ​ Pension Additions
to SCT Total 		​ ​ ​ Average
Compensation
Actually Paid to
Non-PEO Named
Executive Officers 		​
​ 2024 ​ ​ ​ ​ $ 2,625,068 ​ ​ ​ ​ ​ $ 1,816,750 ​ ​ ​ ​ ​ $ 7,745,645 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 8,553,964 ​ ​
(a) The amounts deducted or added in calculating the total average equity award adjustments are as follows:
​
Year
​ ​ ​ Average
Year End
Fair Value
of Equity
Awards 		​ ​ ​ Year over Year
Average
Change in
Fair Value of
Outstanding
and Unvested
Equity Awards 		​ ​ ​ Average
Fair Value
as of
Vesting Date
of Equity
Awards
Granted
and Vested
in Year 		​ ​ ​ Year over Year
Average
Change in
Fair Value of
Equity Awards
Granted in
Prior Years
that Vested
in the Year 		​ ​ ​ Average
Fair Value at
the End of
the Prior Year
of Equity
Awards that
Failed to
Meet Vesting
Conditions
in the Year 		​ ​ ​ Average Value
of Dividends
or other
Earnings Paid
on Stock or
Option Awards
not Otherwise
Reflected
in Fair Value 		​ ​ ​ Total Average
Equity Award
Adjustments 		​
​ 2024 ​ ​ ​ ​ $ 3,597,667 ​ ​ ​ ​ ​ $ 3,320,349 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 827,630 ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ $ 7,745,645 ​ ​
     
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid and Company TSR
[MISSING IMAGE: bc_companytsr-pn.jpg]
     
Compensation Actually Paid vs. Net Income
Compensation Actually Paid and Net Income (Loss)
[MISSING IMAGE: bc_capnetincome-pn.jpg]
     
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid and Revenue
[MISSING IMAGE: bc_compvsrevenue-pn.jpg]
     
Total Shareholder Return Vs Peer Group
Company TSR and Peer Group TSR
[MISSING IMAGE: lc_companypeer-pn.jpg]
     
Tabular List, Table
Tabular List of Most Important Financial Performance Measures
As described in greater detail in “Compensation Discussion and Analysis,” our executive compensation is designed to reflect our variable “pay-for-performance” philosophy. The performance measures that we use when setting goals in our short-term incentive compensation program (Revenue and Adjusted EBITDA) are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our stockholders. In addition, the achievement of specified stock price levels is used as a vesting condition for certain new hire performance stock unit grants made to the Company’s CEO and CFO and other senior officers. Accordingly, the Company has three financial performance measures that are used by us to link executive compensation actually paid to our NEOs to our performance, which for the most recently completed fiscal year, are as follows:
•
Revenue
​
•
Adjusted EBITDA
​
•
Stock price
​
As noted above, we have determined revenue to be the “most important” financial performance measure used to link the compensation of our NEOs with our performance for the most recently completed fiscal year and, as noted, it is being used as our Company Selected Measure.
For a definition of Adjusted EBITDA, please see Annex A of this Proxy Statement.
     
Total Shareholder Return Amount $ 94.72 49.15 51.6 69.34
Peer Group Total Shareholder Return Amount 100.17 100.99 83.15 107.4
Net Income (Loss) $ 121,163 $ 93,333 $ (11,970) $ (33,987)
Company Selected Measure Amount 977,716 831,103 627,623 473,403
PEO Name John Caplan      
Measure:: 1        
Pay vs Performance Disclosure        
Name Revenue      
Non-GAAP Measure Description
(8) U.S. dollars in thousands. While we use additional performance measures for the purpose of evaluating performance for our executive compensation, we have determined that revenue is the financial performance measure that, in our assessment, represents the most important performance measure used by us to link compensation actually paid to our NEOs, for the most recently completed fiscal year, to our performance. Accordingly, the dollar amounts reported represent the amount of revenue reflected in our audited financial statements for each covered fiscal year.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted EBITDA      
Measure:: 3        
Pay vs Performance Disclosure        
Name Stock price      
Caplan [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 9,827,830 $ 950,900 $ 15,124,420  
PEO Actually Paid Compensation Amount   (1,592,111) 23,416,502  
Messrs Galit [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount   964,100 3,060,700 $ 5,159,210
PEO Actually Paid Compensation Amount   $ 825,030 $ 426,088 $ 25,804,030
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (8,673,500)      
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 37,297,256      
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 17,266,477      
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 15,518,785      
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,511,994      
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,816,750)      
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 7,745,645      
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,597,667      
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,320,349      
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 827,630      
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount