v3.25.2
INTERIM CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 6,467 $ 18,229
Short-term bank deposits 58,535 61,397
Investment in marketable securities 28,875 23,629
Other accounts receivable and prepaid expenses 3,765 2,742
Total current assets 97,642 105,997
NON-CURRENT ASSETS:    
Restricted long-term bank deposit 371 343
Long-term prepaid expenses 1,738 1,888
Severance pay fund 3,257 3,072
Operating lease right to use asset 2,678 2,843
Property and equipment, net 839 852
Total non-current assets 8,883 8,998
Total assets 106,525 114,995
CURRENT LIABILITIES:    
Trade payables 1,791 1,838
Deferred revenues 10,545 9,632
Current maturity of operating lease liability 471 448
Accrued expenses 4,930 5,168
Employees and related accruals 2,846 3,074
Total current liabilities 20,583 20,160
NON- CURRENT LIABILITIES:    
Deferred revenues 29,592 34,045
Operating lease liability 2,499 2,464
Accrued severance pay 3,595 3,412
Total non-current liabilities 35,686 39,921
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.01 par value: 200,000,000 shares authorized on June 30, 2025, and December 31, 2024; 93,535,357 and 89,541,246 shares issued and outstanding on June 30, 2025, and December 31, 2024, respectively 259 248
Additional paid-in capital 553,294 543,413
Accumulated other comprehensive income (loss) (16) 11
Accumulated deficit (503,281) (488,758)
Total shareholders' equity 50,256 54,914
Total liabilities and shareholders' equity $ 106,525 $ 114,995