v3.25.2
Condensed Consolidated Interim Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 46,589 $ 35,423
Short-term deposits 56,132 95,532
Restricted short-term deposit 1,168 1,138
Trade accounts receivable 8,133 7,751
Prepaid expenses and other current assets 3,812 3,904
Inventories 11,497 10,155
TOTAL CURRENT ASSETS 127,331 153,903
LONG-TERM ASSETS:    
Property and equipment, net 3,346 3,555
Operating lease right-of-use assets 7,260 7,458
Intangible assets 4,232 4,702
Goodwill 1,847 1,847
Other assets 777 687
TOTAL LONG-TERM ASSETS 17,462 18,249
TOTAL ASSETS 144,793 172,152
CURRENT LIABILITIES:    
Trade accounts payable 5,120 6,003
Accrued compensation 4,805 4,964
Current maturities of operating leases liabilities 1,380 975
Forfeiture shares, no par value: 359,375 shares authorized, issued and outstanding as of June 30, 2025 and December 31, 2024 1 1
Earnout liability 1,750
Other current liabilities 8,277 8,384
TOTAL CURRENT LIABILITIES 21,333 20,327
LONG-TERM LIABILITIES:    
Non-current operating leases liabilities 6,874 6,645
Earnout liability 2,413
Other long-term liabilities 91 79
TOTAL LONG-TERM LIABILITIES 6,965 9,137
TOTAL LIABILITIES 28,298 29,464
COMMITMENTS AND CONTINGENT LIABILITIES (note 5)
SHAREHOLDERS’ EQUITY:    
Ordinary shares, no par value: 700,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 110,606,535 and 107,614,972 shares issued and 101,833,680 and 106,342,415 shares outstanding as of June 30, 2025 and December 31, 2024, respectively (excluding 359,375 Ordinary shares subject to forfeiture) 49 49
Treasury shares at cost: 8,125,980 and 625,682 shares as of as of June 30, 2025, and as of December 31, 2024, respectively (21,374) (1,613)
Additional paid-in capital 365,896 357,570
Accumulated other comprehensive income 1,335 601
Accumulated deficit (229,411) (213,919)
TOTAL SHAREHOLDERS’ EQUITY 116,495 142,688
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 144,793 $ 172,152