| Schedule of Financial Data for Reportable Operating Segments |
|
|
|
Six months ended
June 30, 2026
|
|
|
|
|
Commercial
|
|
|
Defense
|
|
|
Peru
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
$
|
155,771
|
|
|
$
|
47,890
|
|
|
$
|
29,476
|
|
|
$
|
233,137
|
|
|
Cost of Revenues
|
|
|
104,654
|
|
|
|
38,294
|
|
|
|
15,283
|
|
|
|
158,231
|
|
|
Gross profit
|
|
|
51,117
|
|
|
|
9,596
|
|
|
|
14,193
|
|
|
|
74,906
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development expenses, net
|
|
|
18,380
|
|
|
|
5,338
|
|
|
|
-
|
|
|
|
23,718
|
|
|
Selling and marketing expenses
|
|
|
11,319
|
|
|
|
6,763
|
|
|
|
1,129
|
|
|
|
19,211
|
|
|
General and administrative expenses
|
|
|
7,327
|
|
|
(*) |
11,948 |
|
|
|
3,343
|
|
|
|
22,618
|
|
|
Other operating expenses (income), net
|
|
|
(6,501
|
)
|
|
|
6,834
|
|
|
|
(52
|
)
|
|
|
281
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income (loss)
|
|
|
20,592
|
|
|
|
(21,287
|
)
|
|
|
9,773
|
|
|
|
9,078
|
|
|
Financial income, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,462
|
|
|
Income before taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,540
|
|
|
Taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
841
|
|
|
Net income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
13,381
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expenses
|
|
$
|
7,912
|
|
|
$
|
1,340
|
|
|
$
|
1,171
|
|
|
$
|
10,423
|
|
(*) Including $7,000 related to the Additional Earn-Out Consideration, see Note 15.
|
|
|
Six months ended
June 30, 2025
|
|
|
|
|
Commercial
|
|
|
Defense
|
|
|
Peru
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
133,277
|
|
|
$
|
43,004
|
|
|
$
|
20,726
|
|
|
$
|
197,007
|
|
|
|
|
|
95,933
|
|
|
|
30,094
|
|
|
|
10,655
|
|
|
|
136,682
|
|
|
Gross profit
|
|
|
37,344
|
|
|
|
12,910
|
|
|
|
10,071
|
|
|
|
60,325
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development expenses, net
|
|
|
17,032
|
|
|
|
6,898
|
|
|
|
-
|
|
|
|
23,930
|
|
|
Selling and marketing expenses
|
|
|
10,420
|
|
|
|
5,076
|
|
|
|
971
|
|
|
|
16,467
|
|
|
General and administrative expenses
|
|
|
6,630
|
|
|
|
3,360
|
|
|
|
3,037
|
|
|
|
13,027
|
|
|
Other operating expenses (income), net
|
|
|
5,014
|
|
|
|
1,884
|
|
|
|
(2,934
|
)
|
|
|
3,964
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income (loss)
|
|
|
(1,752
|
)
|
|
|
(4,308
|
)
|
|
|
8,997
|
|
|
|
2,937
|
|
|
Financial expenses, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,186
|
)
|
|
Income before taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
751
|
|
|
Taxes on income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,083
|
|
|
Net income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
3,834
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expenses
|
|
$
|
7,742
|
|
|
$
|
1,363
|
|
|
$
|
837
|
|
|
$
|
9,942
|
|
| *) |
During the six months ended June 30, 2026 and 2025, the Company recognized revenues from construction performance obligations in the amount of $11,137 and $1,396, respectively, which are presented within the Peru operating segment.
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|