v3.25.2
Condensed Consolidated Interim Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Ordinary shares
Additional paid-in capital
Treasury Shares
Accumulated other comprehensive income
Accumulated Deficit
Total
Balance at Dec. 31, 2023 $ 49 $ 341,591   $ (177,336) $ 164,304
Balance (in Shares) at Dec. 31, 2023 [1] 103,154,396          
Exercise of options and vesting of RSUs 636   636
Exercise of options and vesting of RSUs (in Shares) 2,419,708          
Stock based compensation 7,499   7,499
Net loss for the period   (18,911) (18,911)
Balance at Jun. 30, 2024 $ 49 349,726   (196,247) 153,528
Balance (in Shares) at Jun. 30, 2024 [1] 105,574,104          
Balance at Mar. 31, 2024 $ 49 345,481   (187,378) 158,152
Balance (in Shares) at Mar. 31, 2024 [1] 104,376,565          
Exercise of options and vesting of RSUs 510   510
Exercise of options and vesting of RSUs (in Shares) 1,197,539          
Stock based compensation 3,735   3,735
Net loss for the period   (8,869) (8,869)
Balance at Jun. 30, 2024 $ 49 349,726   (196,247) 153,528
Balance (in Shares) at Jun. 30, 2024 [1] 105,574,104          
Balance at Dec. 31, 2024 $ 49 357,570   601 (213,919) $ 142,688
Balance (in Shares) at Dec. 31, 2024 106,342,415 [2]         106,342,415
Balance (in Shares) at Dec. 31, 2024     (1,613)     625,682
Exercise of options and vesting of RSUs 385   $ 385
Exercise of options and vesting of RSUs (in Shares) 2,991,563          
Repurchase of ordinary shares   (19,761)
Repurchase of ordinary shares (in Shares) (7,500,298)   (19,761)      
Stock based compensation 7,941   7,941
Change in unrealized gains on cash flow hedges   734 734
Net loss for the period   (15,492) (15,492)
Balance at Jun. 30, 2025 $ 49 365,896   1,335 (229,411) $ 116,495
Balance (in Shares) at Jun. 30, 2025 101,833,680 [2]         101,833,680
Balance (in Shares) at Jun. 30, 2025     (21,374)     8,125,980
Balance at Mar. 31, 2025 $ 49 361,924   59 (222,227) $ 128,607
Balance (in Shares) at Mar. 31, 2025 [2] 104,892,547          
Balance (in Shares) at Mar. 31, 2025     (11,198)      
Exercise of options and vesting of RSUs 197   197
Exercise of options and vesting of RSUs (in Shares) 1,211,172          
Repurchase of ordinary shares   (10,176)
Repurchase of ordinary shares (in Shares) (4,270,039)   (10,176)      
Stock based compensation 3,775   3,775
Change in unrealized gains on cash flow hedges   1,276 1,276
Net loss for the period   (7,184) (7,184)
Balance at Jun. 30, 2025 $ 49 $ 365,896   $ 1,335 $ (229,411) $ 116,495
Balance (in Shares) at Jun. 30, 2025 101,833,680 [2]         101,833,680
Balance (in Shares) at Jun. 30, 2025     (21,374)     8,125,980
[1] Excluding 1,006,250 Forfeiture Shares
[2] Excluding 359,375 Forfeiture Shares