v3.26.1
NET (LOSS) PROFIT PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share
The following table sets forth the computation of basic and diluted net (loss) profit per share for the periods indicated (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net (loss) profit - basic$(11,988)$(106,058)$36,223 $(44,268)
Changes in fair value of convertible loan— — (57,986)— 
Net (loss) profit - diluted$(11,988)$(106,058)$(21,763)$(44,268)
Weighted average common stock used in computing basic net (loss) profit per share
348,949 323,643 340,726 323,538 
Weighted-average effect of dilutive securities:
Diluted effect of shares issuable upon conversion of convertible loan— — 42,222 — 
Weighted average common stock used in computing diluted net (loss) profit per share
348,949 323,643 382,948 323,538 
Net (loss) profit per share - basic$(0.03)$(0.33)$0.11 $(0.14)
Net (loss) profit per share - diluted$(0.03)$(0.33)$(0.06)$(0.14)
Schedule of Shares Outstanding Were Excluded from the Calculation of Diluted Net Loss Per Ordinary Share
Potentially dilutive securities not included in the diluted net profit (loss) per share computations because their effect would have been anti-dilutive were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Shares issuable upon exercise of stock options16 29,113 227 30,039 
Shares issuable upon vesting of non-vested shares499 3,633 975 3,601 
Shares issuable upon exercise of warrants— 33,937 — 33,937 
Shares issuable that may be subject to cancellation— 1,688 — 1,688 
Shares issuable upon conversion of convertible loan34,615 50,000 — 50,000