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Shareholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2025
Shareholders’ Equity [Abstract]  
Schedule of Share Option Plan

A summary of the status of options under the Plan as of June 30, 2025 and changes during the relevant period ended on that date is presented below:

 

   Six months ended June 30, 2025 (unaudited) 
   Number of options   Weighted
average
exercise
price
   Aggregate
intrinsic
value
   Weighted
average
remaining
contractual
life (years)
 
                 
Outstanding at beginning of period   14,449,650   $4.62   $2,964    6.92 
Granted   2,304,133   $2.95           
Exercised   
-
   $
-
           
Forfeited   (43,952)  $5.18           
                     
Outstanding at end of period   16,709,831   $4.38   $3,687    6.82 
                     
Exercisable options   11,103,202   $4.79   $2,580    5.91 
Schedule of RSUs Under the Plan

A summary of the status of RSUs under the Plan as of June 30, 2025 and changes during the relevant period ended on that date is presented below:

 

   Six months ended June 30, 2025
(unaudited)
 
   Unvested RSUs   Weighted- average
grant date fair
value per share
 
         
Outstanding at beginning of period   857,899   $              4.24 
Granted   690,106   $2.81 
Vested   (326,306)  $4.54 
Forfeited   (10,494)  $6.52 
           
Outstanding at end of period   1,211,205   $3.18 
Schedule of Total Equity-Based Compensation Expense

The total equity-based compensation expense related to all of the Company’s equity-based awards recognized for the six months ended June 30, 2024 and 2025, was comprised as follows:

 

   Six months ended June 30, 
   2024   2025 
   Unaudited 
         
Research and development  $3,330   $3,194 
Marketing expenses   345    427 
General and administrative   1,192    1,710 
           
Total share-based compensation expense  $4,867   $5,331