v3.26.1
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Stock-Based Compensation [Abstract]  
Schedule of Share Option Plan

The following is a summary of the status of the Company’s share option plan as of June 30, 2026:

 

    Six months ended  
    June 30, 2026  
    Number of Options     Weighted-Average Exercise
price		  
Options outstanding as of December 31, 2025     15,857,856     $ 1.81  
Granted during the period     397,628     $ 1.66  
Exercised during the period     (2,652,385 )   $ 0.82  
Forfeited during the period     (456,891 )   $ 2.62  
Options outstanding as of June 30, 2026     13,146,208     $ 1.98  
Options exercisable as of June 30, 2026     6,629,554     $ 1.22  
Schedule of Information about Stock Options Outstanding

The following table summarizes information about stock options outstanding as of June 30, 2026:

 

Outstanding as of June 30, 2026     Exercisable as of June 30, 2026  
Range of exercise prices     Number outstanding     Weighted average remaining contractual term     Weighted average exercise price     Aggregate intrinsic value (U.S. dollars in thousands)     Number Exercisable     Weighted average remaining contractual term     Weighted Average exercise price     Aggregate intrinsic value (U.S. dollars in thousands)  
$ 0.15-$0.86       5,604,875       3.26       0.82       8,071       5,604,875       3.26       0.82       8,071  
$ 1.66-$1.87       400,941       6.53       1.66       241       102,720       6.48       1.67       61  
$ 2.00-$2.13       2,405,710       6.44       2.00       625       32,497       5.25       2.13       4  
$ 2.27       1,156,960       6.00       2.27       -       11,740       6.18       2.27       -  
  $2.39-$2.41       538,709       5.05       2.40       -       538,709       5.05       2.40       -  
$ 3.25       1,350,000       6.46       3.25       -       -       -       -       -  
$ 4.25       1,350,000       6.46       4.25       -       -       -       -       -  
$ 4.99       147,306       3.55       4.99       -       147,306       3.55       4.99       -  
$ 5.36       131,250       3.001       5.36       -       131,250       3.00       5.36       -  
$ 7.58       56,920       2.55       7.58       -       56,920       2.55       7.58       -  
$ 9.07       3,537       2.46       9.07       -       3,537       2.46       9.07       -  
Schedule of Fair Value of Stock-Based Compensation Awards

The calculated fair value of option grants was estimated using the Black-Scholes option-pricing model with the following assumptions:

 

    For the six
months ended
 on June 30,
2026		   For the six
months ended
on June 30,
2025
Expected term   4   4-5
Expected volatility   68.19%   59.63%-63.35%
Expected dividend rate   0%   0%
Risk-free rate   3.65%   3.73%-4.36%
Schedule of Classification of Stock Options Expenses

The following table presents the classification of the stock options expenses for the periods indicated:

 

    Six months ended
June 30		     Three months ended
June 30		  
    2026     2025     2026     2025  
    U.S. dollars in thousands  
Cost of revenue     40       37       20       10  
Research and development     83       230       42       95  
Sales and marketing     30       84       (13 )     26  
General and administrative     832       311       424       148  
Total stock-based compensation     985       662       473       279  
Schedule of Company’s RSU’s

The following is a summary of the status of the Company’s RSU’s as of June 30, 2026, as well as changes during the period of six months ended June 30, 2026:

 

    Number of
RSUs		     Weighted-Average
Grant Date
Fair Value		  
RSUs outstanding at the beginning of the year     8,602,317     $ 2.95  
Granted during the period     4,335,811     $ 1.38  
Vested during the period     (2,577,405 )   $ 3.23  
Forfeited during the period     (973,311 )   $ 2.76  
Outstanding at the end of the period     9,387,412     $ 2.17  
Schedule of Classification of RSU's Expenses

The following table presents the classification of RSU’s expenses for the periods indicated:

 

    Six months ended
June 30		     Three months ended
June 30		  
    2026     2025     2026     2025  
    U.S. dollars in thousands  
Cost of revenue     371       459       187       236  
Research and development     2,532       3,525       1,266       1,789  
Sales and marketing     1,253       1,976       613       807  
General and administrative     1,105       1,319       571       664  
Total stock-based compensation-RSUs     5,261       7,279       2,637       3,496