v3.26.1
SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS (Tables)
 3 Months Ended
Mar. 31, 2026
SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS [Abstract]  
Share Option Activity The following is a summary of share option activity and related information for the three months ended March 31, 2026 (including employees, directors, officers and consultants of the Company):
Outstanding Share OptionsWeighted Average Exercise PriceWeighted Average Remaining Contractual Life (Years)Aggregate Intrinsic Value
Balance as of January 1, 2026
21,213,454 3.58
4.05
46,273 
Exercised
(553,788)2.62 
318
Forfeited
(217,622)7.53
Balance as of March 31, 2026 (unaudited)
20,442,044 3.57
3.87
24,643 
Exercisable as of March 31, 2026 (unaudited)
20,440,231 3.57 
3.87
24,642 
Schedule of Nonvested Restricted Stock Units Activity
c. The following is a summary of the RSU activity and related information for the three months ended March 31, 2026:
Outstanding Restricted Shares UnitsWeighted Average Grant Date Fair Value
Balance as of January 1, 2026
27,211,269$3.84 
Granted 19,670,0493.21 
Vested (*)(3,108,800)4.53 
Forfeited(1,432,862)1.26 
Balance as of March 31, 2026 (unaudited)
42,339,656$3.48 
(*) A portion of the shares that vested were netted out to satisfy the tax obligations of the recipients. During the three months ended March 31, 2026 a total of 287,718 RSUs were canceled to satisfy tax obligations, resulting in net issuance of 351,314 Ordinary shares.
Schedule of Share-Based Payment Arrangement, Cost by Plan
The total share-based compensation expense related to all of the Company’s share-based awards recognized for the three months ended March 31, 2026 and 2025, was comprised as follows:
Three Months Ended March 31,
20262025
Unaudited
Cost of revenues$740 $867 
Research and development 4,836 6,393 
Sales and marketing4,250 4,221 
General and administrative4,369 4,036 
Total share-based compensation expense$14,195 $15,517