v3.26.1
Shareholders’ Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Shareholders’ Equity [Abstract]  
Schedule of Options Under the 2021 Shares Incentive Plan

A summary of the status of options under the 2021 Shares Incentive Plan as of June 30, 2026 and changes during the relevant period ended on that date is presented below:

 

    Number of options     Weighted- average exercise price     Weighted- average remaining contractual term (in years)  
    (Unaudited)  
Outstanding at December 31, 2025     4,605,544     $ 6.35       6.18  
Exercised     693,253       6.18          
Forfeited     55,313       7.24          
Outstanding at June 30, 2026     3,856,978     $ 6.36       5.963  
Exercisable at June 30, 2026     3,035,523     $ 5.76       5.686  
Schedule of Status of RSUs and PSUs under the 2021 Share Incentive Plan

A summary of the status of RSUs and PSUs under the 2021 Share Incentive Plan as of June 30, 2026 and changes during the relevant period ended on that date is presented below:

 

    Number of RSUs and PSUs     Weighted - average fair value  
    (Unaudited)  
Unvested at December 31, 2025     8,019,347     $ 13.16  
Granted     4,665,025       12.03  
Vested     1,577,470       12.41  
Forfeited     518,672       13.27  
Unvested at June 30, 2026     10,588,230     $ 12.77  
Schedule of Total Equity-Based Compensation Expense
d. The total equity-based compensation expense related to all of the Company's equity-based awards recognized for the six months ended June 30, 2026 and 2025 was comprised as follows:

 

    Six months ended June 30,  
    2026     2025  
    (Unaudited)     (Unaudited)  
Cost of revenues   $ 1,349     $ 1,577  
Research and development     10,612       4,532  
Sales and marketing     6,692       6,438  
General and administrative     10,980       5,040  
    $ 29,633     $ 17,587  

 

As of June 30, 2026, there were unrecognized compensation costs of $108,877, which are expected to be recognized over a weighted average period of approximately 2.63 years.