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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 145,973 $ 128,709 [1]
Restricted cash 0 5,137 [1]
Short-term deposits 35,592 108,928 [1]
Trade receivables (net of allowance for doubtful accounts of $1,040 and $616 as of December 31, 2021 and December 31, 2020, respectively) 67,505 66,324 [1]
Prepaid expenses and other current assets 12,818 7,439 [1]
Contract acquisition costs 4,813 2,979 [1]
Inventories 6,511 4,754 [1]
Total current assets 273,212 324,270 [1]
Non-current assets    
Other non-current assets 1,958 565 [1]
Deferred tax assets, net 9,800 7,372 [1]
Property and equipment, net 16,756 16,106 [1]
Intangible assets, net 11,228 6,611 [1]
Goodwill 26,829 9,463 [1]
Total non-current assets 66,571 40,117 [1]
Total assets 339,783 364,387 [1]
Current liabilities    
Trade payables 9,546 4,727
Other accounts payable and accrued expenses 54,044 49,112
Deferred revenues 122,983 105,543
Total current liabilities 186,573 159,382
Long-term liabilities    
Liability for employees’ severance benefits 375 366
Other long term liabilities 9,162 6,191
Deferred revenues 36,426 33,439
Restricted Sponsor Shares liability 44,712 0
Price Adjustment Shares liability 79,404 0
Derivative warrant liabilities 56,478 0
Total long-term liabilities 226,557 39,996
Total liabilities 413,130 199,378
Redeemable convertible preferred shares, NIS 0.00001 par value; 39,779,261 shares authorized, issued and outstanding as of December 31, 2020. Aggregate liquidation preference of $134,411, as of December 31, 2020** [1] 0 101,205
Shareholders’ equity (deficiency)    
Share capital, NIS 0.00001 par value; 3,454,112,863 shares authorized and 187,680,294 and 124,671,507 shares issued and outstanding as of December 31, 2021 and 2020, respectively** [1],[2] 0 0
Additional paid-in capital (153,072) 34,226
Treasury stock, NIS 0.00001 par value; 43,540 ordinary shares** (85) (85)
Accumulated other comprehensive income 1,372 1,321
Retained earnings 78,438 28,342
Total Shareholders’ equity (deficiency) (73,347) 63,804
Total liabilities, redeemable convertible preferred shares and shareholders’ equity $ 339,783 $ 364,387
Redeemable convertible preferred shares authorized (in shares) [1]   39,779,261
[1] Prior period results have been retroactively adjusted to reflect the 1:1.0422 reverse stock split effected on August 30, 2021. See also Note 12, Shareholders’ Equity, for details.
[2] Less than US$ 1.