v3.26.1
Interim Condensed 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 $ 116,466 $ 5,618
Adjustments required to reconcile net income to net cash used in operating activities:    
Depreciation 61 60
Exchange differences and interest on deposits 127 (73)
Changes in fair value of investments (148,467) (11,429)
Stock-based compensation 3,129 2,989
Gain on amounts funded in respect of employee rights upon retirement (5) (6)
Gain on sale of IP (5,821)
Deferred Taxes 31,633
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,364 816
Accounts payable, accrued expenses and related parties 1,031 (3,280)
Net changes in operating lease 41 72
Deferred revenues (2,000) (2,000)
Deferred income (678) 233
Liability for employee rights upon retirement 4 6
Other liabilities (60)
Total net cash used in operating activities (3,115) (7,054)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of non-marketable securities (500)
Purchase of marketable securities (21,588)
Proceeds from marketable securities 10,605 1,049
Investment at fair value (6,735) (63,571)
Proceeds from redemption of short-term deposits 10,948 32,450
Proceeds from loan to an equity method investee 3,442
Loan to investment in equity method (7,000)
Real estate investment (1,949)
Equity method investee (250)
Investment in Investment in associate at fair value- Lifeward (11,924)
Proceeds from investments 4,023 4,599
Purchase of property and equipment (7) (7)
Total net cash used in investing activities (15,178) (31,237)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase and retirement of common stock (371)
Tax withholdings related to stock-based compensation settlements (1,871)
Dividend paid (10,442)
Total net cash used in financing activities (12,313) (371)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (96) 39
DECREASE IN CASH AND CASH EQUIVALENTS (30,702) (38,623)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 45,947 54,420
CASH AND CASH EQUIVALENTS AT END OF PERIOD 15,245 15,797
(A) SUPPLEMENTARY DISCLOSURE ON CASH FLOWS -    
Interest received 642 1,352
Taxes paid on income 3,318
(B) SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES -    
Investment in investee 390
Investment in associate at fair value- Lifeward 6,796
Forfeited dividends 5
Recognition of operating lease right-of-use assets and liabilities 602
Warrants received from Alpha Tau $ 2,727