v3.25.2
Condensed Consolidated Interim Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
REVENUES $ 17,059 $ 13,597 $ 33,887 $ 25,156
COST OF REVENUES (6,224) (5,253) (12,470) (9,997)
GROSS PROFIT 10,835 8,344 21,417 15,159
OPERATING EXPENSES:        
Research and development expenses (10,198) (9,961) (20,788) (20,106)
Sales and marketing expenses (5,166) (4,368) (10,773) (8,756)
General and administrative expenses (3,697) (3,397) (7,364) (6,968)
Change in earnout liability 837 (28) 663 (28)
TOTAL OPERATING EXPENSES (18,224) (17,754) (38,262) (35,858)
OPERATING LOSS (7,389) (9,410) (16,845) (20,699)
Change in fair value of Forfeiture Shares 10 35
Financial income, net 225 540 1,463 1,774
LOSS BEFORE INCOME TAXES (7,164) (8,860) (15,382) (18,890)
INCOME TAXES (21) (21) (114) (38)
LOSS AFTER INCOME TAXES (7,185) (8,881) (15,496) (18,928)
Equity in earnings of an investee 1 12 4 17
NET LOSS $ (7,184) $ (8,869) $ (15,492) $ (18,911)
Basic net loss per ordinary share (in Dollars per share) $ (0.07) $ (0.08) $ (0.15) $ (0.18)
Diluted net loss per ordinary share (in Dollars per share) $ (0.07) $ (0.08) $ (0.15) $ (0.18)
Weighted average number of shares and vested RSUs used in computing net loss per ordinary share (in Shares) 103,551,779 105,079,508 104,403,869 104,563,467
Other comprehensive income:        
Change in unrealized gains on cash flow hedges $ 1,276 $ 734
TOTAL COMPREHENSIVE LOSS $ (5,908) $ (8,869) $ (14,758) $ (18,911)