v3.26.1
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Ordinary shares
Additional paid-in capital
Treasury Shares
Accumulated other comprehensive Income (loss)
Accumulated Deficit
Total
Balance at Dec. 31, 2024 $ 49 $ 357,570   $ 601 $ (213,919) $ 142,688
Balance (in Shares) at Dec. 31, 2024 [1] 106,342,415          
Balance (in Shares) at Dec. 31, 2024     (1,613)      
Exercise of options and vesting of RSUs 385   385
Exercise of options and vesting of RSUs (in Shares) 2,991,563          
Repurchase of ordinary shares   (19,761)
Repurchase of ordinary shares (in Shares) (7,500,298)   (19,761)      
Stock based compensation 7,941   7,941
Change in unrealized gain (loss) on cash flow hedges   734 734
Net loss for the period   (15,492) (15,492)
Balance at Jun. 30, 2025 $ 49 365,896   1,335 (229,411) 116,495
Balance (in Shares) at Jun. 30, 2025 [1] 101,833,680          
Balance (in Shares) at Jun. 30, 2025     (21,374)      
Balance at Dec. 31, 2024 $ 49 357,570   601 (213,919) 142,688
Balance (in Shares) at Dec. 31, 2024 [1] 106,342,415          
Balance (in Shares) at Dec. 31, 2024     (1,613)      
Balance at Dec. 31, 2025 $ 49 360,013   429 (245,502) $ 104,983
Balance (in Shares) at Dec. 31, 2025 103,050,266         103,050,266
Balance (in Shares) at Dec. 31, 2025     (10,006)     3,302,194
Balance at Mar. 31, 2025 $ 49 361,924   59 (222,227) $ 128,607
Balance (in Shares) at Mar. 31, 2025 [1] 104,892,547          
Balance (in Shares) at Mar. 31, 2025     (11,198)      
Exercise of options and vesting of RSUs 197   197
Exercise of options and vesting of RSUs (in Shares) 1,211,172          
Repurchase of ordinary shares   (10,176)
Repurchase of ordinary shares (in Shares) (4,270,039)   (10,176)      
Stock based compensation 3,775   3,775
Change in unrealized gain (loss) on cash flow hedges   1,276 1,276
Net loss for the period   (7,184) (7,184)
Balance at Jun. 30, 2025 $ 49 365,896   1,335 (229,411) 116,495
Balance (in Shares) at Jun. 30, 2025 [1] 101,833,680          
Balance (in Shares) at Jun. 30, 2025     (21,374)      
Balance at Dec. 31, 2025 $ 49 360,013   429 (245,502) $ 104,983
Balance (in Shares) at Dec. 31, 2025 103,050,266         103,050,266
Balance (in Shares) at Dec. 31, 2025     (10,006)     3,302,194
Exercise of options and vesting of RSUs 2,179   $ 2,179
Exercise of options and vesting of RSUs (in Shares) 5,229,790          
Retirement of treasury shares (10,006)  
Retirement of treasury shares (in Shares)     10,006      
Stock based compensation 6,246   6,246
Change in unrealized gain (loss) on cash flow hedges   (12) (12)
Net loss for the period   (16,342) (16,342)
Balance at Jun. 30, 2026 $ 49 358,432   417 (261,844) $ 97,054
Balance (in Shares) at Jun. 30, 2026 108,280,056         108,280,056
Balance (in Shares) at Jun. 30, 2026         0
Balance at Mar. 31, 2026 $ 49 353,918   65 (253,792) $ 100,240
Balance (in Shares) at Mar. 31, 2026 105,722,413          
Balance (in Shares) at Mar. 31, 2026          
Exercise of options and vesting of RSUs 1,404   1,404
Exercise of options and vesting of RSUs (in Shares) 2,557,643          
Stock based compensation 3,110   3,110
Change in unrealized gain (loss) on cash flow hedges   352 352
Net loss for the period   (8,052) (8,052)
Balance at Jun. 30, 2026 $ 49 $ 358,432   $ 417 $ (261,844) $ 97,054
Balance (in Shares) at Jun. 30, 2026 108,280,056         108,280,056
Balance (in Shares) at Jun. 30, 2026         0
[1] Excluding 359,375 Forfeiture Shares