v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 204,672 $ 317,169
Bank deposits 168,997 440,790
Marketable equity securities 84,154 0
Restricted bank deposits 123 537
Trade receivables, net of allowance for doubtful accounts ($861 and $811, respectively) 26,047 9,141
Other current assets 8,938 4,790
Inventory 32,878 16,899
Total current assets 525,809 789,326
Restricted bank deposits 1,610 768
Marketable equity securities 0 86,190
Property, plant and equipment, net 24,840 14,143
Operating lease right-of-use 23,789 9,958
Deferred tax assets 424 0
Goodwill 40,388 0
Intangible assets, net 19,434 2,155
Other assets 1,930 0
Total assets 638,224 902,540
Current liabilities:    
Trade payables 11,999 4,249
Accrued liabilities 19,514 18,771
Deferred Revenue 11,873 3,523
Current portion of lease liability 8,923 3,421
Current portion of bank loan 158 138
Total current liabilities 52,467 30,102
Employee benefits 3,697 4,700
Operating lease right-of-use liabilities 23,323 6,707
Bank loan 158 276
Long-term settlement payable 2,974 0
Long-term deferred revenue 3,617 0
Total liabilities 86,236 41,785
Commitments and contingencies (Note 14)
Non-controlling interests 0 715
Equity:    
Share capital of NIS 5 par value each; 500,000,000 ordinary shares authorized; 206,811,875 and 215,777,000 shares oustanding as of December 31, 2025 and December 31, 2024, respectively, and 279,306,522 and 273,847,185 shares issued as of December 31, 2025 and December 31, 2024, respectively. 417,084 409,145
Additional paid-in capital 1,297,323 1,297,348
Treasury stock (192,507) (167,651)
Accumulated other comprehensive income (loss) 1,048 (1,137)
Accumulated Loss (970,960) (677,665)
Total equity attributable to common shareholders 551,988 860,040
Total equity 551,988 860,755
Total liabilities and equity $ 638,224 $ 902,540