v3.26.1
Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 38,310 $ (7,642)
Adjustments required to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 30 30
Exchange differences and interest on deposits (140) 130
Changes in fair value of investments (44,851) 3,348
Stock-based compensation 1,736 2,189
Gain on amounts funded in respect of employee rights upon retirement (2)
Gain on sale of IP (5,821)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 431 667
Accounts payable, accrued expenses and related parties 149 (185)
Net changes in operating lease 2 1
Deferred revenue (2,000) (2,000)
Deferred income (596)
Liability for employee rights upon retirement 1 3
Deferred tax liabilities 9,836
Other liabilities (60)
Total net cash used in operating activities (2,915) (3,519)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (5) (3)
Purchase of marketable securities (12,861)
Investments at fair value (999)
Proceeds from redemption of short-term deposits 28,450
Loan to investment in equity method (7,000)
Equity method investee (250)
Lifeward transactions (11,924)
Proceeds from loan to an equity method investee 2,736
Real estate investment (1,194)
Proceeds from investments 3,522 877
Proceeds from marketable securities 2,779
Total net cash )used in) provided by investing activities (19,488) 23,616
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividend paid (10,364)
Total net cash used in financing activities (10,364)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 22 (1)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (32,745) 20,096
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 45,947 54,420
CASH AND CASH EQUIVALENTS AT END OF PERIOD 13,202 74,516
(A) SUPPLEMENTARY DISCLOSURE ON CASH FLOWS -    
Interest received 399 1,183
(B) SUPPLEMENTARY DISCLOSURE OF NON-CASH ACTIVITIES    
Investment in equity method 390
Investment in Lifeward 6,796  
Forfeited dividends 5
Tax withholdings related to stock-based compensation settlements $ 1,519