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) |
X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of change in earnout liability. No definition available.
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- Definition Change in Fair Value of Forfeiture Shares. No definition available.
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- Definition Income Loss From Continuing Operations After Income Taxes Minority Interest And Before Income Loss From Equity Method Investments. No definition available.
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