v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 17,107 $ 16,142
Restricted deposits 3,573 904
Short-term bank deposits 15,100 15,250
Available-for-sale marketable securities 48,663 26,470
Trade receivables, net (net of allowance for credit losses of $ 9,611 and $ 25,306 on December 31, 2025 and 2024, respectively) 17,451 16,482
Other receivables and prepaid expenses 9,906 6,317
Inventories 13,180 8,611
Total current assets 124,980 90,176
NON-CURRENT ASSETS:    
Severance pay fund 295 464
Restricted deposit 3,327 279
Operating lease right-of-use assets 5,518 6,741
Other assets 732 2,151
Property and equipment, net 6,014 7,692
Intangible assets, net 0 305
Goodwill 31,833 31,833
Total non-current assets 47,719 49,465
Total assets 172,699 139,641
CURRENT LIABILITIES:    
Trade payables 938 946
Employees and payroll accruals 9,254 8,208
Deferred revenues 24,700 17,054
Short-term operating lease liabilities 348 562
Other payables and accrued expenses 11,919 9,200
Total current liabilities 47,159 35,970
LONG-TERM LIABILITIES:    
Deferred revenues 5,912 7,136
Long-term operating lease liabilities 5,392 5,807
Accrued severance pay 886 946
Convertible debt 0 39,973
Total long-term liabilities 12,190 53,862
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.1 par value - Authorized: 200,000,000 shares at December 31, 2025 and 2024; Issued: 49,461,282 and 40,346,993 shares at December 31, 2025 and 2024, respectively; Outstanding: 48,645,282 and 39,530,993 shares at December 31, 2025 and 2024, respectively 1,281 1,012
Additional paid-in capital 375,430 318,138
Treasury share at cost - 816,000 shares at December 31, 2025 and 2024. (3,998) (3,998)
Accumulated other comprehensive income 2,632 357
Accumulated deficit (261,995) (265,700)
Total shareholders' equity 113,350 49,809
Total liabilities and shareholders' equity $ 172,699 $ 139,641