v3.25.2
Interim Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Revenue:    
Total revenue $ 220,825 $ 185,296
Cost of revenue:    
Total cost of revenue 35,167 29,525
Gross profit 185,658 155,771
Operating expenses:    
Research and development 55,888 46,890
Sales and marketing 77,453 64,379
General and administrative 25,632 22,768
Total operating expenses 158,973 134,037
Operating income 26,685 21,734
Financial income (expense), net 13,434 (113,078)
Income (loss) before tax 40,119 (91,344)
Tax expense 3,243 3,839
Net income (loss) $ 36,876 $ (95,183)
Income (loss) per share    
Basic (in Dollars per share) $ 0.15 $ (0.48)
Diluted (in Dollars per share) $ 0.15 $ (0.48)
Weighted average shares outstanding    
Basic (in Shares) 238,811,210 197,840,662
Diluted (in Shares) 249,410,357 197,840,662
Net income (loss) $ 36,876 $ (95,183)
Change in foreign currency translation adjustment (1,707) 1,370
Change in unrealized (losses) gains on marketable securities:    
Unrealized gains (losses) arising during the period 103 (320)
Net change (net of tax effect of $35 and $98) 103 (320)
Change in unrealized gains (losses) on cash flow hedges:    
Unrealized gains (losses) arising during the period 2,857 (652)
Less -reclassification adjustment for net losses realized and included in net income (700) (198)
Net change (net of tax effect of $(294) and $116) 2,157 (850)
Total other comprehensive income 553 200
Comprehensive income (loss) 37,429 (94,983)
Subscription services    
Revenue:    
Total revenue 157,502 127,841
Cost of revenue:    
Total cost of revenue 16,954 12,197
Term-license    
Revenue:    
Total revenue 41,288 36,749
Other non-recurring    
Revenue:    
Total revenue 7,703 7,054
Cost of revenue:    
Total cost of revenue 6,499 7,920
Professional services    
Revenue:    
Total revenue 14,332 13,652
Cost of revenue:    
Total cost of revenue $ 11,714 $ 9,408