v3.26.1
Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING ACTIVITIES    
Net Loss $ (3,458) $ (5,121)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 575 379
Equity-settled stock-based payment 17,001 12,707
Impairment of intangible assets 12
Finance income (expenses) 51 (149)
Changes in operating assets and liabilities:    
Trade receivables (5,015) (2,555)
Financing receivables, net (2,233) (2,969)
Other current assets 295 175
Accounts payable (230) (447)
Accrued liabilities 10,788 7,633
Customer deposits 10,467 6,170
Other payables (4,973) 127
NET CASH PROVIDED BY OPERATING ACTIVITIES 23,280 15,950
INVESTING ACTIVITIES    
Purchase of property and equipment (238) (285)
Purchase of financial assets (5,414) (1,350)
Proceeds from sale of financial assets 5,315 257
NET CASH USED IN INVESTING ACTIVITIES (337) (1,378)
FINANCING ACTIVITIES    
Repurchase of common shares (6,122)
Payment of employee taxes on certain stock-based arrangements (1,213)
Proceeds from exercise of stock options 53 310
Contributions from (distributions to) non-controlling interest 16 (76)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 69 (7,101)
Net change in cash, cash equivalents and restricted cash 23,012 7,471
Cash, cash equivalents and restricted cash, beginning of period 59,551 47,465
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash 258 29
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE $ 82,821 $ 54,965