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CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 13,381 $ 3,834
Adjustments required to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 10,423 9,942
Stock-based compensation 10,402 2,073
Accrued severance pay, net (17) (76)
Deferred taxes, net (2,365) (4,233)
Increase in trade receivables, net (22,202) (9,234)
Decrease in contract assets 4,891 16,552
Decrease in other assets and other adjustments (including current, long-term and effect of exchange rate changes on cash, cash equivalents and restricted cash) 1,485 11,754
Decrease (increase) in inventories, net (20,212) 96
Increase (decrease) in trade payables 13,860 (14,690)
Increase (decrease) in accrued expenses 14,153 (4,587)
Decrease in advances from customers and deferred revenues (28,292) (15,426)
Increase (decrease) in other liabilities (9,592) 2,526
Net cash used in operating activities (14,085) (1,469)
Cash flows from investing activities:    
Purchase of property, equipment and intangible assets (4,175) (4,256)
Investment in other asset 0 (3,500)
Investment in short-term deposits (14,350) 0
Proceeds from short-term deposits 16,433 0
Acquisitions of subsidiaries, net of cash acquired (10,000) (104,943)
Net cash used in investing activities (12,092) (112,699)
Cash flows from financing activities:    
Proceeds from exercise of stock options 46 0
Proceeds from long-term loan, net of associated costs 0 58,970
Repayment of long-term loan 0 (750)
Net cash provided by financing activities 46 58,220
Effect of exchange rate changes on cash, cash equivalents and restricted cash 2,005 1,116
Decrease in cash, cash equivalents and restricted cash (24,126) (54,832)
Cash, cash equivalents and restricted cash at the beginning of the period 168,995 120,249
Cash, cash equivalents and restricted cash at the end of the period (a) $ 144,869 $ 65,417