v3.26.1
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 loss for the period $ (16,342) $ (15,492)
Income and expense items not involving cash flows:    
Depreciation and amortization 1,227 1,528
Stock-based compensation 6,246 7,941
Exchange rate differences 931 159
Realized and unrealized loss (gain) on non-designated derivative instruments 3 617
Interest on short-term deposits 91 771
Change in earnout liability (282) (663)
Reduction in the carrying amount of ROU assets 682 692
Equity in earnings of investee, net of dividend received (4) 1
Changes in operating assets and liabilities:    
Trade accounts receivable 1,092 (382)
Prepaid expenses and other current assets 758 878
Inventories (2,396) (1,460)
Other assets (8) (96)
Trade accounts payable 834 (1,201)
Accrued compensation (2,161) (598)
Other current liabilities 1,093 (65)
Change in operating lease liabilities (781) (403)
Other long-term liabilities 39 12
Net cash used in operating activities (8,978) (7,761)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in short-term deposits (19,162) (52,505)
Maturities of short-term deposits 44,062 91,835
Purchase of property and equipment (302) (537)
Derivative instruments of non-designated hedges (3) (672)
Net cash provided by investing activities 24,595 38,121
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchase of Ordinary Shares (19,761)
Earnout payment (1,962)
Exercise of stock options 2,179 385
Net cash provided by (used in) financing activities 217 (19,376)
Effect of exchange rate changes on cash and cash equivalents (20) 182
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSIT 15,814 11,166
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSIT AT THE BEGINNING OF THE PERIOD 27,863 35,423
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSIT AT THE END OF THE PERIOD 43,677 46,589
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash and cash equivalent 42,557 46,589
Restricted deposit 1,120
Total cash, cash equivalent and restricted deposit 43,677 46,589
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Trade accounts payable on account on property and equipment 67 194
Operating lease liabilities arising from obtaining operating right-of-use assets and lease modifications $ 32 $ 494