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Consolidated Balance Sheets
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Current assets    
Marketable securities $ 101,818,000 $ 38,693,000
Trade receivables (net of allowance for credit losses of $594 and $1,583 as of December 31, 2024 and December 31, 2023, respectively) 82,358,000 77,269,000
Prepaid expenses and other current assets 23,246,000 26,400,000
Contract acquisition costs 5,827,000 5,550,000
Inventories 8,939,000 9,940,000
Total current assets 567,593,000 422,082,000
Non-current assets    
Other non-current assets 7,682,000 7,341,000
Marketable securities 36,601,000 28,859,000
Deferred tax assets, net 11,072,000 7,024,000
Property and equipment, net 16,995,000 15,896,000
Operating Lease, Right-of-Use Asset 10,604,000 14,260,000
Intangible assets, net 11,306,000 10,594,000
Goodwill 28,714,000 26,829,000
Total non-current assets 122,974,000 110,803,000
Total assets 690,567,000 532,885,000
Current liabilities    
Trade payables 11,077,000 8,282,000
Other accounts payable and accrued expenses 63,330,000 44,845,000
Deferred revenues 216,970,000 195,725,000
Operating lease liabilities 4,125,000 4,972,000
Total current liabilities 295,502,000 253,824,000
Long-term liabilities    
Other long-term liabilities 6,954,000 5,515,000
Operating lease liabilities 6,844,000 9,157,000
Deferred revenues 45,247,000 47,098,000
Restricted Sponsor Shares liability 0 47,247,000
Price Adjustment Shares liability 0 81,715,000
Derivative warrant liability 0 54,117,000
Total long-term liabilities 59,045,000 244,849,000
Total liabilities 354,547,000 498,673,000
Commitments and contingencies
Equity [Abstract]    
Share capital, NIS 0.00001 par value; 3,454,112,863 shares authorized, 234,566,473 and 203,272,704 shares issued and 234,524,697 and 203,230,928 shares outstanding as of December 31, 2024 and 2023, respectively [1] 0 0
Additional paid-in capital 498,883,000 (84,896,000)
Treasury stock, NIS 0.00001 par value; 41,776 ordinary shares (85,000) (85,000)
Accumulated Other Comprehensive Income (Loss), Net of Tax 2,086,000 1,050,000
(Accumulated deficit) retained earnings (164,864,000) 118,143,000
Total Shareholders’ equity 336,020,000 34,212,000
Total liabilities and shareholders’ equity 690,567,000 532,885,000
Cash and Cash Equivalents, at Carrying Value 191,659,000 189,517,000
Deposits Assets, Current $ 153,746,000 $ 74,713,000
[1] Less than $1.