| Net income per share |
Note 9. Net income per share The following table sets forth the computation of basic earnings and losses per share: | | | Six months ended June 30, | | | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | Basic earnings per share: | | | | | | | | Numerator: | | | | | | | | Net income | | $ | 17,309 | | | $ | 36,876 | | | Basic net income attributable to Restricted Sponsor shares and Restricted Share awards | | | 178 | | | | 228 | | | Basic net income attributable to Ordinary Shareholders | | | 17,131 | | | | 36,648 | | | | | | | | | | | | | Denominator: | | | | | | | | | | Weighted average number of Ordinary Shares used in computing basic net income per share | | | 247,047,007 | | | | 238,811,210 | | | Basic net income per share of Ordinary Shareholders | | $ | 0.07 | | | $ | 0.15 | | | | | | | | | | | | | Diluted earnings per share: | | | | | | | | | | Numerator: | | | | | | | | | | Basic net income attributable to Ordinary Shareholders | | | 17,131 | | | | 36,648 | | | Reallocation of net income attributable to Restricted Sponsor shares and Restricted Share awards | | | 4 | | | | — | | | Diluted net income attributable to Ordinary Shareholders | | | 17,135 | | | | 36,648 | | | | | | | | | | | | | Denominator: | | | | | | | | | | Weighted average number of shares used in basic computation | | | 247,047,007 | | | | 238,811,210 | | | Weighted-average effect of dilutive securities: | | | | | | | | | | Employee share options and RSU’s | | | 5,389,232 | | | | 10,599,147 | | | Weighted average number of Ordinary shares used in computing diluted net income per share | | | 252,436,239 | | | | 249,410,357 | | | Diluted net income per share of Ordinary Shareholders | | $ | 0.07 | | | $ | 0.15 | | The potentially dilutive Ordinary shares underlying options to purchase ordinary Shares, RSU’s and PSU’s that were excluded from the computation amounted to 9,056,648 and 1,639,060 for the six months ended June 30, 2026 and 2025, respectively.
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