v3.25.2
Shareholders’ Equity (Tables)
 6 Months Ended
Jun. 30, 2025
Shareholders’ Equity [Abstract]  
Schedule of Company’s Option Activity

A summary of the status of options under the 2021 Shares Incentive Plan as of June 30, 2025 and changes during the relevant period ended on that date is presented below:

 

   Number of
options		   Weighted-
average
exercise price		   Weighted-
average
remaining
contractual
term (in years)		   Aggregate
intrinsic value		 
   (Unaudited) 
Outstanding at December 31, 2024   10,472,033   $4.93    6.23    179,030 
Exercised   4,440,875    3.40           
Forfeited   176,547    7.29           
Outstanding at June 30, 2025   5,854,611   $6.02    6.36    58,459 
Exercisable at June 30, 2025   3,940,323   $5.01    5.94    43,323 
Schedule of Status of RSUs and PSUs under the 2021 Share Incentive Plan

A summary of the status of RSUs and PSUs under the 2021 Share Incentive Plan as of June 30, 2025 and changes during the relevant period ended on that date is presented below:

 

   Number of RSUs and PSUs   Weighted - average fair value 
   (Unaudited) 
Unvested at December 31, 2024   7,289,971   $7.99 
Granted   1,452,642    22.73 
Vested   1,839,952    8.19 
Forfeited   519,065    8.52 
Unvested at June 30, 2025   6,383,596   $11.24 
Schedule of Total Equity-Based Compensation Expense d.The total equity-based compensation expense related to all of the Company’s equity-based awards recognized for the six months ended June 30, 2025 and 2024, was comprised as follows:
   Six months ended
June 30,		 
   2025   2024 
   (Unaudited)   (Unaudited) 
Cost of revenues  $1,577   $1,093 
Research and development   4,532    3,071 
Sales and marketing   6,438    4,391 
General and administrative   5,040    3,696 
   $17,587   $12,251