SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS (Tables)

6 Months Ended

Jun. 30, 2026

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS [Abstract]

The following is a summary of share option activity and related information for the six months ended June 30, 2026 (including employees, directors, officers and consultants of the Company):


	Outstanding Share Options	Weighted Average Exercise Price	Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Balance as of December 31, 2025	21,213,454	3.58	4.05	46,273
Exercised	(3,638,414)	2.51		8,397
Forfeited	(258,746)	8.00
Balance as of June 30, 2026	17,316,294	3.74	4.04	42,735
Exercisable as of June 30, 2026	17,315,044	3.74	4.04	42,732

Schedule of Nonvested Restricted Stock Units Activity

The following is a summary of the RSU activity and related information for the six months ended June 30, 2026:


	Outstanding Restricted Shares Units	Weighted Average Grant Date Fair Value

Balance as of December 31, 2025	27,211,269	$	3.84
Granted	19,914,821	3.22
Vested	(6,125,577)	4.14
Forfeited	(3,653,119)	3.77
Balance as of June 30, 2026	37,347,394	$	3.45

(*) A portion of the shares that vested were netted out to satisfy the tax obligations of the recipients. During the six months ended June 30, 2026, a total of 1,801,025 RSUs were canceled to satisfy tax obligations, resulting in net issuance of 1,622,152 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 and six months ended June 30, 2026 and 2025, was comprised as follows:


	Three months ended June 30,				Six months ended June 30,
	2026		2025		2026		2025
	Unaudited
Cost of revenues	$	710	$	956	$	1,449	$	1,823
Research and development	4,524		6,735		9,360		13,128
Sales and marketing	4,481		4,602		8,741		8,823
General and administrative	4,412		4,279		8,772		8,315
Total share-based compensation expense	$	14,127	$	16,572	$	28,322	$	32,089